Media In / Riyadh December 11, The Saudi Investment Company has signed a memorandum of understanding with American investor Tim Dreberz to establish an investment fund to invest in the bold capital of small and medium enterprises in the technical fields of health, education, agriculture, finance, energy and so on. …
Read More »JD 2000 Income tax exemption for persons with permanent disability in Jordan
Media In / Amman December 11, The Jordanian Income and Sales Tax Department affirmed that the law amending the Income Tax Law, which guarantees a humanitarian gesture towards persons with permanent and permanent disabilities, states that special exemption levels for persons with disabilities are added to personal exemptions, maintenance, treatment …
Read More »“Securities” begins to apply fees 59 service provided to companies
Media In Abu Dhabi, 11 December 2018, The Securities and Commodities Authority (SCA) has started implementing its Board of Directors Decision No. 32 of 2018 on fees for technical services due to the Authority for 59 services provided to public shareholding companies, brokerage firms, auditing firms and investment funds. According …
Read More »ADNOC completes joint LPG and propylene loading on board one tanker in Ruwais
Media In – Abu Dhabi – 11 December 2018 / WAM / Abu Dhabi National Oil Company (ADNOC) announced today the success of its first joint LPG and propane gas loading operation on a single tanker at Ras Al Ruwais port in the UAE. ADNOC’s liquefied petroleum gas (LPG) gas …
Read More »UAE-China Investments Promise in Khalifa Port
Media IN / Abu Dhabi / 10 December 2018/ WAM/ COSCO Abu Dhabi Container Terminal (COSCO), a subsidiary of COSCO Maritime Port Company Limited, will start operations in Khalifa port with a container handling capacity of 1.6 million containers on a 800-meter berth and will be expanded by 400 meters …
Read More »The Central Bank issues a circular on the issuance of check books
Media In Abu Dhabi – 10 December 2018 / WAM / As part of ongoing efforts to improve and promote responsible lending practices among banks, the UAE Central Bank issued a circular to banks on issuing check books to customers. Under the circular, banks are now required to check the …
Read More »OFID “contributes to bridging the gap between fuel consumption and domestic production in Egypt
Media In – Vienna – 10 December 2018 / WAM / The OPEC Fund for International Development (OFID) has agreed to provide $ 50 million in financial support to Egypt to help the government cover its crude oil needs and purchase various petroleum products and liquefied natural gas. IFID contributes …
Read More »ENOC opens 45 new service stations in Saudi Arabia over the next five years
Media in Riyadh – 10 December 2018 / WAM / ENOC Group has announced a major expansion strategy in the Kingdom of Saudi Arabia with the opening of 45 new service stations over the next five years, in line with the Ministry of Municipal and Rural Affairs’ plan to create …
Read More »“Federal Taxation” discusses the response of “value added” to visiting foreign business
Media In – Dubai – 10 December 2018 The Board of Directors of the Federal Taxation Authority discussed at its seventh meeting under the chairmanship of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Chairman of the Board of Directors of …
Read More »More than 28,000 non-conforming insulation products in Saudi Arabia
Media In / Riyadh 10 December 2018 The inspection, monitoring and certification team of the Saudi Energy Efficiency Program conducted inspection tours in various parts of the Kingdom during the period from April to August. It reached 80 thermal insulation factories, delivered 28957 recycling insulation products and closed 22 production …
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