Tag: tax

Banking

Mashreq posts Dh8.3b profit before tax in 2025 as assets and lending surge

the financial -
Operating income rises to Dh12.6b; total assets climb 25% to Dh335b despite corporate taxDubai: Mashreq reported a strong financial performance in 2025, posting a...
Featured

Oman’s Bold Tax Move: A Sign of What’s Next for the GCC

the financial -
Oman’s recent decision to introduce a personal income tax by 2028 is, in my view, a milestone for the region — and one that...
Banking

Saudi commercial bank profits jump 16% in April, topping $2bn before zakat, tax

the financial -
Year-to-date earnings reached SR32.97 billion, an annual rise of 20% Banks getting balance sheets ready for next investment wave RIYADH: Saudi Arabia’s banking sector extended its...
Business

UAE sets tax nexus rules for non-resident investors in real estate, funds 

the financial -
RIYADH: The UAE has issued new guidelines that clarify when foreigners and non-residents will be treated as having a taxable presence in the country when...
Banking

Ajman Bank nine-month profit before tax spikes 458%

the financial -
Ajman Bank on Monday announced that it recorded its highest-ever profit before tax of Dh313 million for the first nine months of 2024, a...
Business

NRIs face tax burden when they sell assets in India

the financial -
Question: Will the budget proposals introduced last week have any impact on non-resident Indians? I believe some amendments have been made to the capital...

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Startup

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

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Info Edge has approved a commitment of up to...
AI & Technology

Scoop confirmed: AI platform MeltPlan raises $10 million to make construction boring

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MeltPlan, a pre-construction AI platform, today said it has...
Startup

Indian agentic AI startup Gushwork raises $9 million to expand engineering teams

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Gushwork, an agentic AI startup raised a $9 million...
AI & Technology

Nvidia forecasts upbeat sales on AI chip demand, talks up long-term prospects 

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SAN FRANCISCO: Chipmaker Nvidia forecast first-quarter revenue above market estimates...
Startup

IIT Madras alumnus-founded deeptech startup Tattvam AI raises $1.7 million in funding

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Tattvam AI, a deeptech startup building AI systems to...

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