MediaIn – Sharjah 20 January 2018 WAM The Eastern Region of the Emirate of Sharjah is preparing to host a number of distinguished exhibitions starting this year to contribute to providing the needs of residents, traders and investors and to promote sustainable development that serves the vital sectors. “The Eastern …
Read More »The first Arab Land & Property Management Conference to be held in Dubai next February
MediaIn – Dubai 20 January 2018 Dubai will host the first Arab Land and Property Management Conference, which will be held over three days from 26 to 28 February 2018. The conference addresses many of the most challenging current issues in Arab countries, including how to manage land to reduce …
Read More »“Federal Taxation”: electronic shopping products subject to “value added”
Media In – Abu Dhabi January 19, 2018 The Federal Tax Authority revealed that purchases made through e-shopping sites are subject to value added tax (VAT) of 5% as other purchases made by traditional means if goods purchased electronically are received within the UAE. According to the Federal Law No. …
Read More »A new deal for Emirates Airbus worth $ 16 billion
Media In – Dubai January 18, 2018 WAM Emirates has signed a new $ 16 billion deal worth AED 58.7 billion to buy 36 Airbus A380 aircraft, including 20 confirmed order aircraft and 16 option rights aircraft. Emirates Airbus A380 is currently in the pipeline with a total of 101 …
Read More »Issuing 6 licenses to generate self-regulation using solar panels on the roofs of buildings in Abu Dhabi
Media In – Abu Dhabi January 18 Saif Al Qubaisi, Director General of the Regulation and Supervision Bureau – Abu Dhabi that was issued 6 to generate self-regulation regarding the production of electricity using photovoltaic solar panels on the roofs of buildings in Abu Dhabi with a total capacity of …
Read More »The market value of the UAE capital markets accounts for approximately 55% of the expected GDP in 2017
Media In – Abu Dhabi January 18, 2018 The total market value of the UAE capital markets reached AED 890.2 billion at the end of trading yesterday, accounting for about 55% of the UAE’s expected GDP in 2017. The market value is expected to continue to rise in 2018, New …
Read More »“Federal Taxation” extended tax periods and extraordinary amendments to the business
Media In – Dubai January 17, 2018 The Federal Tax Authority has made some special amendments to the first tax period for VAT holders to be more flexible with the various sectors covered by the tax in response to the calls of a large segment of taxable entities and institutions …
Read More »“Customization Account” is a new mechanism launched by the Dubai Financial Market
Media In – Dubai January 17, 2018 WAM The Dubai Financial Market (DFM) today launched the “Account of Privatization” in a step that is the first of its kind among the regional capital markets in the framework of its relentless efforts to develop services and mechanisms supporting the activity of …
Read More »Three cases give “securities” the right to impose sanctions on the offending investors
Media In – Abu Dhabi January 17, 2018 WAM The Board of Directors of the Securities and Commodities Authority (SCA) imposed new penalties on violators of investors and companies in three cases determined by the resolution, which will come into force after being published in the Official Gazette. The Executive …
Read More »Minister of Economy cancels the condition that the shares to be listed in the state markets should not exceed 30%
Media In – Abu Dhabi January 17, 2018 WAM The Securities and Commodities Authority canceled the condition that the number of shares to be listed in the State markets does not exceed 30% of the capital of the joint listing companies, which was included in the resolution of the Board …
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