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FTA, UAQ Chamber collaborate to promote tax awareness among businesses

DUBAI / WAM The Federal Tax Authority (FTA) has signed a memorandum of understanding (MoU) with the Umm Al Quwain Chamber of Commerce and Industry to cooperate on promoting a tax culture among business sectors and contribute to the UAE’s strategy and vision to support the private sector, entrepreneurs, and investors. The agreement was signed by Khalid Ali Al Bustani, ...

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Enec discusses future collaboration with US businesses in Washington

WASHINGTON/ WAM The Emirates Nuclear Energy Corporation (ENEC) was hosted by the US-UAE Business Council and the Nuclear Energy Institute (NEI) at a business briefing roundtable in Washington , this week. Mohamed Ibrahim Al Hammadi, Managing Director and Chief Executive Officer of ENEC, spoke about the recently launched Net Zero Nuclear platform ahead of COP28. He provided updates on the ...

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ADRO partners with Nine Yards to boost real estate investment

ABU DHABI/ WAM Nine Yards, an Abu Dhabi-based real estate developer, has announced the signing of a strategic agreement with the Abu Dhabi Residents Office (ADRO), a part of the Abu Dhabi Economic Development (Added), to boost the real estate investment sector and support Nine Yards’ clients. The agreement aligns with ADRO’s strategic goals of facilitating the affairs of Abu ...

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Private sector participation urged in Sharjah Gulf Award 2023

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has urged private sector establishments to participate in the Sharjah Gulf Localisation Award, a distinguished category within the Sharjah Excellence Award 2023. The award is organised by the SCCI under the patronage of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, ...

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Rakez team visits China’s Guangdong to boost trade

RAS AL KHAIMAH / WAM A delegation from Ras Al Khaimah Economic Zone (Rakez), led by Group CEO Ramy Jallad, successfully wrapped up its roadshow in China’s Guangdong province to foster deeper ties with local enterprises, prominent trade associations, and key government entities and explore new opportunities for economic and trade cooperation. The delegation hosted business forums across three major ...

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Saif bin Zayed attends Rabdan Academy’s graduation 2023

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, attended Rabdan Academy’s Graduation 2023 at the Abu Dhabi National Exhibition Centre (Adnec). His Highness personally handed certificates to more than 600 graduates, representing various master’s, bachelor’s, and diploma programmes. Among them, 37 graduates earned distinction with honours, and ...

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UAE Foreign Minister meets number of counterparts on sidelines of UNGA78

NEW YORK / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has met separately with a number of foreign ministers participating in the 78th Session of the United Nations General Assembly (UNGA78) in New York. His Highness met with Mahamoud Ali Youssouf, Minister of Foreign Affairs of Djibouti; Arnoldo Ricardo André Tinoco, Minister of Foreign ...

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Ocado joint venture with M&S finally shows signs of improvement

BLOOMBERG Ocado Group Plc said its online retail joint venture is making some progress, with volumes showing a slight recovery as shoppers hunt around for affordable food. The 50-50 venture between Ocado and Marks & Spencer Group Plc said it recorded a return to positive volume growth in the last month of the third quarter. Average orders per week and ...

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Fleet of Porsches seized as part of investigation into Jet Airways investor

BLOOMBERG A Liechtenstein court order has exposed a trove of luxury cars and watches among the items seized by prosecutors investigating allegations of fraud linked to one of the investors aiming to revive India’s Jet Airways. The supreme court in Liechtenstein rejected an appeal to unfreeze the assets that include seven Porsche cars, five Rolex “boxes” and a classic car ...

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