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Utilities. Owner. Government of Dubai. Subsidiaries. Emirates Central Cooling Systems Corporation (EMPOWER) Website. dewa.gov.ae. The Dubai Electricity and Water Authority (DEWA) (هيئة كهرباء ومياه دبي) is a public service infrastructure company that was founded on 1 January 1992 by Sheikh Maktoum bin Rashid Al Maktoum. [1]
Emirates Global Aluminium. Emirates Post. Empower Energy Solutions. Etihad Airways. Etihad Credit Insurance. Fly Dubai. Green Crescent Insurance Company (GCC) International Petroleum Investment Company. Investment Corporation of Dubai (ICD)
The United Arab Emirates (UAE) once largely known for its oil exports today has a diverse and highly developed economy. According to the UAE Economic Report 2009 released by the UAE Ministry of Economy in May 2010 the non-oil sector contributed 71.6 per cent to the UAE’s GDP, compared to 66.5 per cent in 2008, underscoring the success of the nation's economic diversification initiatives.
CashU was an Arabic fintech company providing a digital wallet and online payment services for customers in the Middle East and North Africa (MENA) region. The company was founded as a technology startup in July 2002 in association with online service company Maktoob in Amman, Jordan. It provided payment services for Maktoob online services.
Dubai Plus is a city smart card program for government and semi-government employees in Dubai.It was announced on May 12, 2015, by the Department of Economic Development (DED) in Dubai and the Dubai Government Human Resources Department (DGHR) together with National Plus and Network International, a payment service provider.
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Net income. $ 66.5 million (2023) [1] Website. www.network.ae. Network International Holdings provides technology-enabled payments as a service to merchants and financial institutions in the Middle East and Africa. It is listed on the London Stock Exchange until it was acquired by Brookfield Asset Management in September 2024.
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 ...