UAE

Media In / Geneva 02-04-2019 / WAM The World Trade Organization (WTO) warned today that continued trade tensions will have a significant impact on world trade growth. In a report released in Geneva on global trade growth, the organization said that these tensions, coupled with economic instability, led to slower …

03-03-2019 Media in\ Dubai The Federal Tax Authority announced the introduction of the “VAT refund mechanism for foreign visiting business”, noting that the tax return form for visitors to the country for the purpose of business is available through the website of the Authority. The Authority confirmed in a press …

01-04-2019 Media in\ Abu Dhabi The total savings account of the banking system in the UAE increased to AED 155.4 billion, an increase of 2.2% to AED 3.4 billion during the first two months of 2019 compared to AED 152 billion in December 2018. The increase in the savings account …

01-04-2019 Media in \Abu Dhabi The market value of shares traded in the UAE stock markets reached AED 5 billion despite the contrast that dominated the trading session in today’s session. The biggest support for the market came from real estate stocks led by Emaar, which was close to breaking …

01-04-2019 Media in\ Dubai The construction of the fourth phase of the Mohammed Bin Rashid Al Maktoum Solar Power Complex is completed and will be completed with the construction of the world’s tallest solar power tower at 260 meters, according to the schedule for this phase of the mega project. …

01-04-2019 Media in\Abu Dhabi ABU DHABI – Abu Dhabi International Airport (ADIH) has received the first flights from Himalaya Airlines from Triboban International Airport in Kathmandu to Nepal. “We are delighted to have Himalaya Airlines join the growing list of airlines operating at Abu Dhabi International Airport,” said Martin De …

01-04-2019 Ajman \Media In HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, approved a package of infrastructure development projects in the emirate at a cost of 500 million dirhams. He stressed that the Municipality and Planning Department in Ajman is proceeding …

01-04-2019 Media in\ Abu Dhabi Abu Dhabi National Oil Company (ADNOC) announced today that it has expanded its local value added program by appointing a group of 6 additional certification firms responsible for certifying and confirming the suppliers’ performance in the adoption of the Local Value Added Enhancement Program, bringing …

01-04-2019 Media in\Dubai The real estate transactions in the Dubai Land Department have generated more than AED1.8 billion, with a total value of AED1,657 million, of which 13 million were sold to land and AED 114 million were sold for AED1.5 million. The most important sales of land amounted to …

01-04-2019 Media in\ Dubai Dubai Chamber of Commerce and Industry (DCCI) has opened a representative office in the Argentine capital Buenos Aires to strengthen its presence in Latin America, the third representative office in Latin markets, reflecting the Chamber’s commitment to enhancing the competitiveness of its members in these investment-rich …