UAE

Media In Dubai 18 July 2018 WAM The value of infrastructure projects and government housing under the Ministry of Infrastructure Development and the Sheikh Zayed Housing Program, carried out under the supervision of Chinese companies, 3 billion dirhams, while the number of Chinese workers in infrastructure projects that follow the …

MEDIA in, Abu Dhabi, July 18, 2018 (WAM)  Emirates International Aluminum Company (ENEC) has been awarded the ISO 16494: 2016 standard, placing it in a more stringent position in its global supply chain. It is one of the few companies producing aluminum, which is certified by ISO / TS 16949 …

Media In – Abu Dhabi, July 18, The Central Bank of UAE’s foreign currency balance rose to AED 331 billion in June 2018, an increase of 1.3% to AED 4.4 billion compared to AED 326.6 billion in May. The bank’s statistics showed that the growth in its foreign currency balance …

Media In – Abu Dhabi, July 18, The Federal Tax Authority renewed its demand for commercial real estate buyers to apply the basic rate of VAT of 5% on the sale or lease of commercial properties, stressing the need for buyers of commercial real estate to complete the payment of …

MEDIA IN, Dubai, July 17, 2018 (WAM) The Dubai Multi Commodities Center (DMCC), a free trade zone of the Government of Dubai, has signed a Memorandum of Understanding (MoU) with Royal Fund Investments, which will strengthen the strong bilateral trade relationship between the Center and the fast-growing Chinese business community. …

” MEDIA IN – Abu Dhabi, July 17, 2018 (WAM) The Abu Dhabi Quality and Conformity Council (ADCCI) announced the results of the first half of the first half of 2018 for the verification and inspection of controlled products, legal measuring instruments and prepackaged packaging in Abu Dhabi markets. The …

Media In – Abu Dhabi, July 17, The Khalifa Fund for Enterprise Development has targeted 5 major strategic sectors in 2018: Leisure and Leisure, Services, Professional, Scientific and Technical Activities, ICT and Support Services, all of which are solid pillars of economic diversification. The Khalifa Fund seeks to rehabilitate a …

MEDIA IN – Abu Dhabi, July 17, 2018 (WAM)  Total banking assets including bank receipts rose to AED 2.749 trillion at the end of June 2018 with a growth of 0.5% to AED 13 billion compared to AED 2.736 trillion in May. Total bank credit rose 0.3 percent from 1.6173 …

Media In – Abu Dhabi on July 17, “China is the world’s second-largest economy and is one of the most important players in the growth of the economy, trade movement and investment flows globally,” said Sultan bin Saeed Al Mansouri, Minister of Economy. . He stressed the clear desire expressed …

Media In – Abu Dhabi, July 17,  The Federal Tax Authority confirmed that the workers ‘housing is classified into two categories in terms of tax treatment, noting that this classification depends on whether the workers’ housing is serviced and therefore will be subject to value added tax for the basic …