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Sumwon Studios Delivers Approximately $300 Million In Net Revenue In 2025

Sumwon Studios, the on-demand fashion group founded by Nitin Passi, has closed 2025 with strong performance, marking a major milestone in just its second year of operations. In 2025, Sumwon Studios generated approximately $300 million in net revenue, serving customers across 200+ countries worldwide. This performance underscores the group’s ability to scale rapidly while maintaining

Ministry of Finance announces issuance of Cabinet Decision on Exchange of Information upon Request for Tax Purposes

As part of its continued efforts to enhance international tax transparency, the Ministry of Finance (MoF) announced the issuance of Cabinet Decision No. 209 of 2025 on Exchange of Information upon Request for Tax Purposes. The decision reinforces the UAE’s established framework for international tax cooperation and its long-standing adherence to internationally agreed standards, including

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