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UAE: Will VAT apply to cryptocurrency mining?

Cryptocurrency mining in the private wallets of citizens is exempt from UAE value-added tax (VAT), the Federal Tax Authority (FTA) said Tuesday. But mining cryptocurrency for someone else (i.e. bringing computer processing power), is a

Over Dh200,000 fees: Dubai to get one of most expensive schools

Dubai is going to open a new ultra-exclusive school which promises one of the world’s most innovative and costly schools by August 2025. GEMS Education, Dubai Sports City — GEMS School of Research and Innovation has been

Dubai: Gold prices rise in early trade; 22K stays below Dh300 per gram

Prices of gold in Dubai rose half a dirham per gram on the opening of the markets Tuesday as 22K held below Dh300 per gram Monday. 24K and 22K, opened Dh0.5 per gram above on the news at Dh323.75 and Dh299.75 per gram respectively at 9am

ILT20: Sharjah Warriorz Kohler-Cadmore enjoys playing in UAE

Sharjah Warriorz have been in good form so far in DP World ILT20 Season 3 after scoring a three wickets victory against the Gulf Giants on

Dubai Police rescue 5 stranded hikers 'trapped' in Hatta Mountains

Five hikers who were stuck on a mountain in Hatta were rescue by Dubai Police as they got stuck on a treacherous path and couldn’t descend

Dubai young muezzin urges other kids to join contest for 'best voices for prayer'

And last year when fourteen-year-old Emirati Abdul Rahman Al Maalmi participated in the "Muadhin Al-Farij" project to choose and train

UAE employees demand higher housing, transport allowances amidst rising rents, Salik tolls

Workers in the UAE are pushing for more housing, transport and children’s school allowances and bonuses from employers in the wake of rent hikes and the opening of new Dubai road toll gates, recruitment agents say. "The UAE is

UAE: Rents in Sharjah likely to remain high for the next 2 years

Sharjah rents will be high for the next two years, as new residents come into the emirate. According to experts, rentals are 5–10 per cent higher now, although it is less than in other emirates. “Rents are rising in

UAE-made MBZ-SAT to blast off to space on January 14 from California

The latest UAE earth-imaging satellite MBZ-SAT will launch on Tuesday, January 14, 10.49pm UAE time from Vandenberg Air Force Base in California, United States, the Mohammed Bin Rashid Space Centre (MBRSC) said. This will be the second

Sharjah plans to launch rental index to reduce disputes between tenants, landlords

Sharjah is also implementing a rental index that will increase the transparency of the emirate’s real estate market and the investors’ trust as well. This index will also contain a map of Sharjah so residents of the emirate can view