GDPR – Costly Restriction or New Business Opportunity?

By: Talal Wazani, Manager Strategic Security Consulting at Help AG The Middle East’s lack of understanding of the upcoming EU regulation is likely to place businesses across a wide range of sectors including cloud services, banking and finance, healthcare, insurance and tourism at significant risk  While VAT compliance is currently top of mind for Middle East businesses, many are unaware of the implications of the General Data Protection Regulation (GDPR). The European Union (EU) regulation aims at strengthening and unifying data protection for all EU citizens and is set to come into effect by May 2018. With just over six … Continue reading GDPR – Costly Restriction or New Business Opportunity?

Redesigned and Reengineered: All-new 2017 CR-V

By Shereen Shabnam Driving the last two models of the Honda CRV for a couple of years in Sharjah helped create a lot of memories for me and my family but it has been a while since we checked the new SUV models by Honda. Hence driving the completely redesigned and reengineered 2017 CR-V with bold new styling, a more premium interior and numerous new features and technologies certainly brought back some beautiful memories and made us wish we still had our old models to trade in for the new one. The key difference we noted was the improvement in steering … Continue reading Redesigned and Reengineered: All-new 2017 CR-V

Bricks & Mortar Investment

By Brian Etemad   As the cost of living increases together with rents and the announcement that school fees with go up as much by 30%, residents are now looking to convert their rent costs into bricks and mortar investment. Investors are also looking for property investment opportunities with the World Expo 2020 in mind with expectations of growth and higher profit leading up to the event as thousands of visitors and expats will venture into Dubai. It has also become more common to purchase off-plan as most developers have secured mortgage lending for their new projects.   Buyers can feel … Continue reading Bricks & Mortar Investment

Federal Tax Authority Opens Registration for Tax Agents and Tax Accounting Software Vendors

The Federal Tax Authority (FTA) has officially opened registration for individuals interested in working as Tax Agents and for Tax Accounting Software Vendors, in addition to providing the necessary technical support to help these vendors as they assist UAE-based businesses comply with tax regulations. The Federal Tax Authority has defined standards and specifications that must be met by the Tax Agent, who is defined by Federal Law No. (7) of 2017 on Tax Procedures as (Any Person registered with the Authority in the Register, who is appointed on behalf of another Person to represent him before the Authority and assist … Continue reading Federal Tax Authority Opens Registration for Tax Agents and Tax Accounting Software Vendors