Rox Motor partners with W Motors to manufacture NEVs (New Energy Vehicles) in Abu Dhabi.
ROX Motor, a global luxury new energy vehicle brand announced a strategic partnership with W Motors, the UAE’s leading high performance vehicle manufacturer to localise production.
Key Takeaways:
1. The Agreement was signed at Make it in the Emirates 2025 marking a milestone in enhancing regional manufacturing.
2. First time ROX vehicles will be manufactured outside of China which will reflect a commitment to local adaptation and regional resilience.
3. The partnership supports key national initiatives including Operation 300Bn, Industry 4.0, and Net Zero by 2050, reinforcing both companies’ roles in shaping a sustainable and self-reliant automotive future.
4. ROX Motor has also signed an agreement with leading petrochemical company Borouge to explore joint Research & Development on advanced polyolefin materials for automotive use.
5. The Partnership accelerates the regional growth and aligns with the UAE’s industrial strategies.
Small businesses, freelancers to benefit the most from penalty refunds of UAE Corporate Tax
UAE tax authority has confirmed that no admin penalty for late registration which is 10000 Dirhams, will be levied and refunded.
Key Takeaways:
1. The UAE has given a break to businesses by not charging administrative fines for the delays which are caused in registering for the corporate tax.
2. This implies to a huge relief for single individual or freelancers who runs businesses on a small scale.
3. To get the penalty waiver, eligible business must file their tax returns or annual statements within a period not exceeding 7 (seven) months from the end of their first tax period.
4. Based on many past experiences of such penalty reversals, it could also be possible to get the penalty be reversed automatically.
Schengen Visa Delays: UAE residents can get a UK visit visa in a day.
United Kingdom (UK) offers ‘Priority’ and ‘Super Priority’ visa options in addition to the regular services which are provided. As UAE residents grapple with prolonged delays in obtaining Schengen visas for travel to Europe, the United Kingdom is becoming a preferred destination.
Key Takeaways:
1. The Super Priority Visa Service is the fastest route for those who are applying for UK Visas from the UAE.
2. The processing time usually takes 1 working day which costs approx. 5000 Dirhams in addition to the standard visa application fee.
3. The eligibility stands for those who applies for short term visas, work visas, student visas and settlement applications.
4. According to UK Home Office if a person is eligible, they can go for the super priority service when applying and they will get a decision by the end of the next working day.
5. Whereas the Priority service takes 5 days and the approximate cost is 2500 Dirhams in addition the visa application fee, the start time is counted from the biometric appointment or after submitting documents via the UK Immigration application.
‘Make it in the Emirates’ concludes with new industrial projects valued over 11 billion Dirhams.
The fourth edition of ‘Make it in the Emirates’ which is the UAE’s premier industrial platform was held under the theme “Advanced Industries. Accelerated”. The event was hosted by the Ministry of Industry and Advanced Technology (MoIAT).
Key Takeaways:
1. The event drew broad participation from local and international stakeholders and featured innovative showcases by leading industrial and tech companies.
2. Make it in the Emirates (MoIAT) had signed 24 MOU’s and agreements with government entities and even with private sectors.
3. Thie edition attracted 2,823 media professionals and journalists, reflecting the platform’s growing visibility and international significance.
4. The edition strengthened the UAE’s position in strategic and future industries, enhanced the competitiveness of Emirati products, and created an enabling environment for investment and technology adoption
