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Careem’s minimum fare reduced to AED 19 in Abu Dhabi

Careem’s minimum fare reduced to AED 19 in Abu Dhabi

Careem, the region’s leading ride-hailing service, has introduced a new Economy car type. With a minimum fare of AED 19, down from AED 40, the company’s most affordable service, its Economy car type, now offers a comfortable ride at a 50 percent minimum fare reduction. …

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VAT framework for real estate announced

VAT framework for real estate announced

Most residential properties will be exempt from taxation when VAT laws come into effect, according to newly announced guidelines. Released by the Federal Tax Authority, the framework details how the real estate sector will be affected by the five percent …

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