The UAE’s Federal Tax Authority (FTA) has started issuing refunds to businesses penalized for missing corporate tax registration deadlines, providing welcome relief, especially for small and medium enterprises (SMEs). These refunds follow the FTA’s May 2025 announcement offering an automatic waiver or refund of the AED 10,000 late registration penalty, provided businesses submit their corporate…
The Ministry of Industry and Advanced Technology (MoIAT) has signed two pivotal Memorandums of Understanding (MoUs) aimed at accelerating the UAE’s industrial and economic development. The agreements were formalized during the fourth edition of the “Make it in the Emirates” forum held at the Abu Dhabi National Exhibition Centre. The first MoU was signed between…
In a significant move to bolster economic relations, the United Arab Emirates and the Sultanate of Oman have signed an agreement to develop the Al Rawdah Special Economic Zone (SEZ) in Al Buraimi Governorate. The signing ceremony was attended by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, during his official…
The food manufacturing industry in the UAE is growing fast and is expected to reach USD 23.21 billion by 2025. Big companies like Almarai, Agthia, and Al Ain lead the way with quality and new ideas, but there are also great chances for smaller businesses. New trends like plant-based food, organic items, and eco-friendly packaging…
Dubai Maritime Authority (DMA), under the Ports, Customs and Free Zone Corporation, has officially launched a Remote Technical Inspection Service aimed at simplifying the renewal process for marine vessel licenses. Announced on May 21, 2025, the service caters to pleasure marine vessels up to 12 meters, water sports crafts, and visiting foreign vessels — allowing…
Dubai has become one of the most attractive destinations for starting a manufacturing business due to its strategic location, advanced infrastructure, and investor-friendly regulations. The UAE supports both small-scale and large manufacturing units, offering easy access to regional and international markets. Manufacturing opportunities now extend beyond heavy industries to niche and specialized production models. Entrepreneurs…