business
![Dubai Taxi Company launches 2025-2029 strategy to target untapped markets in UAE and beyond](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/12/Dubai-Taxi-Company.jpg/w=1024,h=683)
The strategy entails expanding into limousine services and delivery while maintaining taxi market leadership
![UAE’s MoHRE calls on private sector to meet 2024 Emiratization targets by December 31](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/12/UAE-Emiratization.jpg/w=1024,h=682)
Organizations with 50 or more employees must achieve a 2 percent increase in Emiratization of skilled roles by year-end
![Sheikh Hamdan forms interim steering committee to oversee transfer of commercial control operations in Dubai](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/12/Sheikh-Hamdan-steering-committee.jpeg/w=1024,h=683)
The committee will be entrusted with approving timelines and streamlining operations for enhanced efficiency
![UAE Ministry of Finance announces key amendments to tax regulations effective January 2025](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/12/UAE-MoF-Tax-1.jpeg/w=1024,h=682)
The modifications introduce various administrative reliefs and clarifications for businesses that establish Tax Groups.
![Abu Dhabi’s Mubadala acquires 80 percent stake in Global Medical Supply Chain, Al Ittihad Drug](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/12/Mubadala-healthcare.jpeg/w=1024,h=683)