Author: dailyguardian.ae
A new law has been issued regarding the tax on foreign banks operating in Dubai. The provisions of the law apply to all foreign banks operating in the emirate, including special development zones and free zones. Those in the Dubai Financial Centre are excluded. The law stipulates that an annual tax of 20 per cent shall be imposed on foreign banks on taxable income, and the corporate tax rate shall be deducted from this percentage, if the foreign bank pays the tax under the Corporate Tax Law. The law regulates the rules for calculating taxable income, the controls for submitting…
Former US president Donald Trump will have to pay at least £300,000 ($382,000) in costs after losing a UK court action against a former spy who compiled a salacious dossier about him, according to a court order publicised Thursday. Trump took legal action against Christopher Steele’s company Orbis Business Intelligence, but High Court judge Karen Steyn ruled last month that there were “no compelling reasons” to allow the claim to proceed to trial. The data protection claim was “bound to fail” she wrote in her judgment. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The…
The Denver Nuggets host the Boston Celtics in a potential finals preview tonight. These teams last met in January at TD Garden, with the defending champs handing the C’s one of their only three home defeats of the year. This is a must-watch contest. It’s about to tip off, at 10:00 p.m. ET, and will be televised on TNT, but there are many different ways you can watch a live stream, including several free options. The Best Way to Watch the Celtics vs Nuggets Live Stream Sling TV doesn’t come with a free trial, so if you’re looking for a…
Authorities in Sharjah have announced the closure of all parks in the emirate due to the adverse weather conditions forecast over the weekend. Sharjah Municipality said that parks will remain closed starting from Friday, March 8, keeping in mind the safety of the public. The authority added that the parks will reopen as soon as the weather improves. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Earlier in the day, National Emergency Crisis and Disasters Management Authority (NCEMA) said that unstable weather conditions will prevail over Dubai, Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras…
India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group’s campaign against the key shipping route. The Iran-aligned militants fired a missile at the Barbados-flagged, Greek-operated True Confidence on Wednesday about 50 nautical miles off the southern Yemeni port of Aden, setting it ablaze. In a statement, the owners and manager said all 20 crew and three armed guards on board were taken to hospital in Djibouti in the Horn of Africa by an Indian warship. Stay up…
In a rematch of last year’s Leagues Cup final, Lionel Messi and Inter Miami head to Geodis Park to take on Nashville SC in the first leg of their CONCACAF Champions Cup Round of 16 matchup tonight. This will be the first-ever appearance for both clubs in this tournament, which was previously known as the CONCACAF Champions League. The match is about to kick off, at 9:00 p.m. ET, and will be televised on both Fox Sports 2 (English broadcast) and TUDN (Spanish) in the United States. There are also several different ways you can watch a free live stream…
Government schools in Ras Al Khaimah will implement remote learning on Friday, March 8, as unstable weather is expected to hit the country. According to UAE authorities, heavy rainfall, thunderstorms and hail will lash the country from the evening of Friday, March 8, till noon on Sunday, March 10, leading to floods in some areas. Strong winds could result in low visibility on the roads. The weather will be at its worst from Friday midnight till Saturday midnight. Residents have been warned not to venture outdoors unless absolutely necessary. Stay up to date with the latest news. Follow KT on…
Israel will push on with its offensive against Hamas, including into the southern Gaza city of Rafah, despite growing international pressure to stop, Prime Minister Benjamin Netanyahu said on Thursday. Netanyahu has vowed to destroy Hamas after its fighters attacked southern Israel on October. 7. More than 30,000 people have been killed in Gaza during Israel’s subsequent offensive, Palestinian health authorities estimate, prompting worldwide criticism and condemnation. “There is international pressure and it’s growing, but particularly when the international pressure rises, we must close ranks, we need to stand together against the attempts to stop the war,” he said. Stay…
The great thing about a hit movie is that you tend to find out things during interviews, premieres, and press conferences that would have never surfaced otherwise. Dune: Part Two is one such movie. In the lead-up to the movie’s blockbuster opening weekend, we’ve discovered Josh Brolin’s hidden talents as a poet and photographer, Javier Bardem’s dedication to his children, Zendaya’s love for the sci-fi classic Metropolis, and Austin Butler’s appreciation for The Good, the Bad, and the Ugly. The most recent revelation, however, tops all of those. In an interview with Vanity Fair, Christopher Walken, who plays Shaddam IV,…
A 4-year-old child has died as a result of falling from a building in Budanig, Sharjah, reported Emarat Al Youm The child fell from the twentieth floor of a building in the Al Qasimia area after he climbed through the window of his room without anyone from his family noticing. Commander in chief of Sharjah Police, Major General Saif Al Zari Alshamsi, said that the police operations room received a report at 4pm on Tuesday stating that a child had fallen from the window of an apartment on the twentieth floor of one of the buildings inhabited by an Asian…