Author: dailyguardian.ae

The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 related to the application of the law on the taxation of corporations and businesses. Cabinet Decision No.10 of 2024 will come into effect on March 1, 2024. The Ministry stated that an administrative penalty of Dh10,000 for late registration of UAE Corporate Tax will be imposed on businesses that do not submit their Corporate Tax registration applications within the timelines specified by the Federal Tax Authority. The penalty was…

Tamquest Events presents Lifebuoy Presents Holi Sundowners 2024, promising an unforgettable celebration of Holi on March 3 at JA Shooting Club, Jebel Ali. The event offers a day filled with live music, vibrant colours, and festive vibes, featuring talented DJs spinning favourite tracks. Exciting activities include 12 hours of non-stop music, food and beverage counters, eco-friendly organic colours, a dedicated kids play area, ample free parking, VIP section, and a massive concert stage. Ticket prices range from Dh120 for singles to Dh400 for groups of 10, with kids under 10 enjoying free entry. Tickets available on Platinumlist.com, Virgin Tickets, and…

AI Advisor Takes Observer Seat on the Board of UAE’s Largest Publicly Traded Entity Tahnoon bin Zayed Al Nahyan:  “Our decision to appoint ‘Aiden Insight’ as an AI Board Observer is a testament to IHC’s commitment to innovation and forward-thinking leadership. ‘Aiden’ will provide us with unparalleled data analysis and strategic insights, ensuring that IHC remains at the forefront of industry developments and continues to deliver value to our stakeholders” IHC pioneers corporate governance by integrating Aiden’s AI insights as a Board Observer into its strategic decision-making process. ‘Aiden Insight’ will leverage advanced data analytics to provide actionable insights and risk…

Got your eye on a shiny new MacBook Air? We can’t blame you, they’re fantastic laptops. But before you pull the trigger, you should consider holding off for a few more weeks. At some point in March, Apple is expected to unveil a new generation of the MacBook Air, either at an event or via a press release. This forthcoming laptop will reportedly come loaded with Apple’s new M3 chip, giving the MacBook Air a notable performance boost. The issue is that if you buy an M2 MacBook Air right now, you could come to regret it when Apple updates…

The demand for parking in Dubai is expected to grow by 60 per cent by 2033, Parkin company — the largest provider of paid parking facilities and services in the Emirate — said on Tuesday. Developing new paid spaces across the Emirate to meet this demand is among the key growth drivers for the company. This could mean more paid parking spaces in the city. Another growth opportunity is “effectively implementing tariff optimisation”. This includes reclassifying some standard tariff zones as “premium” ones based on occupancy rates in certain areas. Premium zones could command higher parking fees. According to the…

A Pakistani court indicted jailed former Prime Minister Imran Khan and his wife Bushra Bibi on Tuesday on charges that they allegedly received land as a bribe during his premiership, his party said. Khan, 71, has been in jail since August in connection with other cases, and has previously denied the allegations. He had already been convicted in two cases on corruption charges, that disqualified him from taking part in politics for 10 years. The trial was held on a jail’s premises. The couple pleaded not guilty, the party said. Stay up to date with the latest news. Follow KT…

The DP World Tour stays in South Africa for the SDC Championship – the penultimate event on their International Swing By Nick Tarratt – Khaleej Times Guest Golf Writer Professional golf is back in the Middle East region this week with the $25 million LIV Golf Jeddah being played at Royal Greens Golf & Country Club, Friday 1st – Sunday 3rd March, 2024. The DP World Tour stays in South Africa for the SDC Championship – the penultimate event on their International Swing. Last week’s winner in Kenya, Darius van Driel (Ned), moves up to sixth on the Race to…

IHC Unveils Resounding 2023 Financial Results Demonstrating Strong Growth and Operational Excellence Tahnoon bin Zayed Al Nahyan: “IHC has navigated a year of transformative growth, strengthened by forging key global partnerships and a versatile portfolio that has enabled us to adapt to economic fluctuations. Our efforts to deepen international connections underscore our mission to support the UAE’s ascent as a premier financial and innovation leader. Record Revenue climbing to AED 60.1 billion with strategic acquisitions and performance driving a preliminary 17.9% YoY increase. Growth of EPS to AED 12.55, indicating robust financial health and investor confidence. Strong net profit at…

The Apple iPhone 15 is the tech giant’s current flagship smartphone. The iPhone lineup regularly places models amongst the best phones, and the iPhone 15 has skyrocketed to one of the most popular generations of iPhone ever. It isn’t often you can find substantial discounts on Apple products, let alone new and current generations of them. But there are some really good iPhone 15 deals out there right now, which include up to $830 in savings at various carriers. We’ve tracked down the best iPhone 15 deals currently going, so read onward for more details. Today’s best iPhone 15 deals…

A Dubai-based company has announced a new 70-day paid maternity leave policy. Retail design and production company Alpha Nero said the policy comes into force from February 2024. The company joins a long list of local companies that are providing flexible work hours and longer maternity leave to women in order to retain good talent. “As a mother of two children, I have chosen to extend maternity leave at Alpha Nero to 70 fully paid days to give women extra time to recover, bond with their babies, and ensure their family’s well-being. We believe that this will be a true…