Author: dailyguardian.ae

The implementation of the UAE corporate tax law has sparked numerous inquiries and confusion, particularly regarding its impact on natural persons. In the context of this law, a “natural person” refers to an individual, distinguishing them from legal entities such as corporations. This encompasses individuals engaged in personal business endeavours, such as freelancers, sole establishments, and civil companies. A natural person conducting a business or business activity in the UAE will be subject to taxation only if the turnover from such activities exceeds Dh1 million in a Gregorian year, from January to December. Additionally, they need to register only if…

At just 13, Nicole, a multi-talented performer, sweeps Dubai off its feet with her exceptional singing, dancing, modeling, and violin skills; winning hearts and awards on the path to stardom. Meet Nicole Obarzanek, the 13-year-old prodigy who is not just chasing her dreams but catching them with every note, every step, and every beat. Born into a family deeply rooted in music, Nicole is taking Dubai by storm, showcasing unparalleled talent in singing, dancing, modeling, and playing the violin. Under the guidance of her father, Peter Obarzanek, owner of L A Music Records, Nicole is rapidly making a name for…

Sebastien Loeb has set his sights on a landmark victory for Bahrain Raid Xtreme in the Dakar Rally in Saudi Arabia as he looks to build on the team’s record-breaking achievement in last year’s event. Partnered by Fabian Lurquin in the Prodrive Hunter, Loeb takes BRX into the team’s fourth Dakar, which starts with Friday’s 28km prologue in AlUla, and is determined to better their second place finishes from the past two editions of motorsport’s biggest adventure. The BRX crew produced a stunning performance in the BRX Prodrive Hunter on the 2023 Dakar, taking 50% of the stage victories and…

Saudi Real Estate Refinance Company (SRC) Extends its Refinancing Agreement with Alrajhi Bank with an Additional SAR 5.8 billion Riyadh, Saudi Arabia, 03January 2024 – The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has extended its refinancing agreement with Alrajhi Bank, the world’s largest Islamic bank by mortgage assets and market cap, with an additional SAR 5.8 billion bringing the total value of refinancing agreements between the two to SAR 10.8 billion. The continued collaboration between SRC and Alrajhi Bank, as highlighted by this new agreement, pinpoints SRC’s pivotal role in enhancing growth…

Streaming platform Roku today announced a trio of new Roku TVs that it hopes will elevate its standing in the smart TV market, which until now has mostly been in the affordable-but-not-outstanding range. While technical specs are still sparse on the new 55-, 65-, and 75-inch televisions, we do have the obvious inclusion of 4K resolution and a mini-LED system to control the local dimming zones. This isn’t the first time Roku TVs have featured mini-LED tech — that stretches back to the 8-Series sets from 2019, as part of its partnership with TCL. In any event, the inclusion of…

Popular Egyptian comedian Dr Bassem Youssef recently spoke of the “negative depiction” of Arabs in Western films and the impact of the same on the image of Arabs in the West. Youssef shed light on this subject during a session titled ‘A Brief History of Arab Image in Global Media’ at The Arab Strategy Forum 2024. He even announced his intention to produce a film that corrects this stereotypical image soon. Stay up to date with the latest news. Follow KT on WhatsApp Channels. The comedian delved into numerous examples, using his trademark dark humour while emphasising the need for…

Japanese rescuers scrambled to search for survivors Wednesday as authorities warned of landslides from heavy rain after a powerful earthquake that killed at least 62 people. The 7.5-magnitude quake on January 1 that rattled Ishikawa prefecture on the main island of Honshu triggered tsunami waves more than a metre high, sparked a major fire and tore apart roads. The Noto Peninsula on the Sea of Japan coast was most severely hit, with buildings ravaged by fire and houses flattened in several towns, including Wajima and Suzu, as shown by before-and-after satellite images. The regional government announced Wednesday that 62 people…

The International Holding Company Board has approved the initiation of the transfer of 2PointZero, a next generation holding company comprising several diverse and dynamic companies, to IHC. Spanning multiple sectors, business combinations of entities under common control, have been combined to form 2PointZero, boasting an impressive asset size expected to exceed Dh100 billion (transfer will be completed after obtaining all regulatory approvals). IHC Chairman, Tahnoon bin Zayed Al Nahyan said: “Today, we are proud to announce the formation of 2PointZero, a next generation holding company that stands at the forefront of pioneering advancements across multiple sectors. Embracing the future with…

As we embark on a new year, the gaming industry is poised to deliver a slew of highly anticipated titles that promise to captivate players and push the boundaries of interactive entertainment. From immersive narratives to groundbreaking graphics and innovative gameplay, 2024 is shaping up to be a thrilling year for gamers around the world. Whether you’re a fan of Role-playing Games (RPGs), action-adventure, or open-world exploration, the diverse lineup of anticipated games on all playable platforms like PlayStation, Xbox, PC, and even Nintendo, ensures there’s something for every gamer to look forward to in the coming year. Get ready…

From the decision-making process to technological marvels and personal connections, explore the world of watchmaking with the brand’s latest masterpiece – Rado DiaStar Skeleton Luxury watch enthusiasts and connoisseurs around the world have a new masterpiece to behold – the Rado DiaStar Original Skeleton. The world of luxury watches has witnessed a groundbreaking event with the launch of the Rado DiaStar Original Skeleton, a masterpiece that marries timeless design with cutting-edge technology. In an exclusive interview with Adrian Bosshard, CEO of Rado, let’s explore the driving force behind this latest skeletonised edition and explore the brand’s commitment to innovation, sustainability,…