Search results
Results from the WOW.Com Content Network
As of January 1, 2015, UAE citizens pay 1.7 Dirham (US$0.46) per cubic meter of water for a very generous first block of consumption, which is set at 700 liters per day for apartments and 7,000 litres per day for villas. Above these amounts, the tariff increases slightly to 1.89 Dirham (US$0.51) per cubic meter.
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based ...
The current standard VAT rate in the country is 5%. [2][3] In January 2022, the UAE Ministry of Finance announced the implementation of a federal corporate tax starting June 2023. [4] The standard rate of corporate tax is 9%, some exempt businesses and those with net annual profits under AED375,000 (US$102,100) qualify for a rate of 0%, and ...
Abu Dhabi Ports. Zayed Port (Arabic: ميناء زايد) also called Mina Zayed, is a commercial deep-water port owned by the Abu Dhabi Ports that serves Abu Dhabi, United Arab Emirates. Established in 1968, Zayed Port is in the northeast section of Abu Dhabi city. It was officially inaugurated and became fully operational in 1972, [2] and is ...
The right of alien residence and work permit is protected by the UAE Federal Law No. 6 of 1973 on the Entry and Residence of aliens. [17] Per UAE law, an employer may not deny an employee on a work visa right to annual leave, regularly paid wage, 45 days maternity leave, right to resign, resign gratuity, and a 30 day grace period to find a new job.
Per diem. Per diem (Latin for "per day" or "for each day") or daily allowance is a specific amount of money that an organization gives an individual, typically an employee, per day to cover living expenses when travelling on the employer's business. A per diem payment can cover part or all of the expenses incurred.
Abu Dhabi. Abu Dhabi[a] is the capital city of the United Arab Emirates. The city is the seat of the Abu Dhabi Central Capital District, the capital city of the Emirate of Abu Dhabi, and the UAE's second-most populous city, after Dubai. The city is situated on a T-shaped island, extending into the Gulf from the central-western coast of the UAE.
UTC+4 (UAE standard time) ISO 3166 code. AE-AZ. The Emirate of Abu Dhabi[a] is one of seven emirates that constitute the United Arab Emirates. It is the largest emirate, accounting for 87% of the nation's total land area or 67,340 km 2 (26,000 sq mi). [4] Abu Dhabi also has the second-largest population of the seven emirates.