May, 2024
UAE Stock Market Surpasses $1 Trillion in Market Capitalization, Driven by Abu Dhabi Enterprises
According to a report by Bloomberg on November 11, the market capitalization of the United Arab Emirates (UAE) stock market has exceeded 18 trillion dollars (about 1 trillion yen) for the first time. The main reasons for this are the rapid increase in the value of companies related to the Abu Dhabi royal family and the rush to IPO local companies. In particular, […]
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- Business
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- Stock Market
[Dubai Real Estate/Recommended Property] Canal Front Residence *Exclusive Property
Located near the center of Dubai, this luxury residential project offers luxurious living in a natural environment along the canal, creating an oasis where you can escape the hustle and bustle of the city. Located along the canal that connects to the sea, the balconies overlook the canal and the Dubai skyline, including the Burj Khalifa.
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- Newly built property
McIlroy wins final tournament at DP World to become sixth European Tour champion
On November 11th, Rory McIlroy (Northern Ireland) won the DP World Tour Championship, the final tournament of the men's golf European Tour, held at Jumeirah Golf Estates in Dubai, with a total score of 17 under par. McIlroy won the tournament for the third time.
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- Entertainment
Chateraise's premium line "YATSUDOKI" opens third store in the UAE
YATSUDOKI, the premium line of Chateraise, a Japanese confectionery manufacturer, has opened its third store in the UAE at Mirdif City Centre in Dubai. A ceremony was held on October 3rd, and the Consul General of Japan in Dubai, […]
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- Food & drink
Dubai-Based Fashion Brand CHI-KA: Embracing the Essence of Japanese “Wabi-Sabi”
Desert Icons Vol. 7 Nina Valjarevic (Owner & Creative Director, CHI-KA). From a desert city to a global hub. Dubai […]
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- Opinion
[Special Feature] Dubai's Cutting-Edge Offices ② Rental Office Services & Facilities, Contract Q&A
Service and Facilities of Rental Offices Rental offices are the best option for small start-ups. In addition to the latest infrastructure, meeting rooms, and relaxation spaces, the One Business Centre at JLT also offers the opportunity to work with other companies and individuals.
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- Business
[Special Feature] Dubai's Cutting-Edge Offices ① Representative Areas: Free Zones vs. Mainland
An ideal office with the latest infrastructure and cutting-edge facilities will accelerate your business growth. We recommend that you find the best office by examining the tax systems and regulations in each area and taking advantage of Dubai's diverse business environment. Dubai's representative offices […]
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- Business
BizEasy solves Dubai business problems: "Where is the best location for a base in the Middle East and Africa?"
We are often consulted by Japanese companies who want to create a base for the Middle East and African markets. Roughly speaking, if the company has its own market, it should be in each region, and if the main function is to serve as a regional headquarters for the entire MENA region, it should be Dubai. Market […]
A Dubai-based chartered accountant answers the question, "What is the deadline for company registration for a branch office?"
Accounts of Sands Vol. 6 A Japanese Certified Public Accountant explains various things about accounting and taxation in Dubai. Q: I heard that corporate tax will be introduced in the UAE from 2024. I have a branch in Dubai and I heard that I need to register for corporate tax. […]
Dubai Accountant's Business Frontline: "Take Advantage of Tax Treaties to Save ‘10%’ on Japanese withholding tax"
We see many companies producing music and videos from the UAE for Japanese corporations. Normally, this type of work, depending on the contents of the contract, falls under copyright and royalties, and 20.42% must be withheld in Japan. However, in the UAE, corporate tax […]
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- Business