The UAE is a popular destination for wealthy foreigners for a number of reasons.

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Many billionaires in the UAE are drawn to the country's zero income tax policy. As a result, people travel to the United Arab Emirates in order to safeguard and increase their wealth without having to pay high taxes on it.    The United Arab Emirates (UAE) provides a golden visa program that permits investors, entrepreneurs, and professionals to stay in the nation for an extended period of time. This effort has been essential in attracting skilled labor and funding from around the world.    Due to its strategic location at the crossroads of Asia, Africa, and Europe, the UAE can be quite alluring for investment. This is also important information for visitors planning meetings there.    UAE Offers  a lots of opportunities for ventures and investments. Under a stable political climate, the state of the United Arab Emirates can enjoy a sense of security and predictability, both of which are necessary for efficient long-term planning.     Countries that have seen the greatest growth in
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Microsoft fined 60mn Euros for advertising cookies in France

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Microsoft

The US tech giant Microsoft has been penalised 60 million euros ($64 million) by France's privacy authorities for forcing advertising cookies on customers.

The National Commission for Technology and Freedoms (CNIL), which levied the biggest fine in 2022, claimed that Microsoft's search engine Bing did not have a framework in place that allowed users to reject cookies as easily as accepting them.

According to the French authority, investigations revealed that "cookies were put on users' terminals when they visited this site without their authorization, and these cookies were exploited, among other things, for advertising purposes."

The report "found that there was no button allowing to refuse the deposit of cookies as easy as accepting it" as well.

The CNIL claimed that the fine was justified in part by the advertising earnings the business made from information obtained through cookies, which are little data files used to track internet activity.

The business has three months to fix the problem or face an additional fine of 60,000 euros per day late.

The CNIL announced last year that it would review websites for a year to see if they were utilising web cookies according to the laws.

The CNI penalised Google and Facebook with fines of 150 million and 60 million euros, respectively, last year for violations of a similar nature.

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