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DUBAI / WAM Within their continuous efforts to support trade activity in Dubai to help businesses overcome the challenges and boost their revenues, Dubai Customs, in cooperation with the Federal Tax Authority (FTA), launched the Trader Export Report service. The new service will help clearance and shipping agents achieve Zero Rating of supply of goods exported within 90 days of ...

AL AIN / WAM The United Arab Emirates University (UAEU) continues its efforts to build the economy of the future, based on knowledge, innovation, and technology, and promote the research and development, by adopting many initiatives that achieve the UAE future vision. Research cooperation with Dutch research centers and universities resulted in the producing of 129 research papers during the ...

Bloomberg Devon Energy Corp and ConocoPhillips are among potential suitors studying Royal Dutch Shell Plc’s portfolio of Permian Basin oil fields, which could be worth as much as $10 billion in a sale, people familiar with the matter said. Chevron Corp is also among companies considering bids for the assets, which are largely located in West Texas, the people said. ...

Bloomberg The Biden administration’s first evacuation flight for Afghans who aided American and other coalition forces has arrived in the US, as the administration steps up efforts to relocate interpreters, other military assistants and their families ahead of a final troop withdrawal. The plane, carrying more than 200 people, landed at Fort Lee in Virginia, where passengers were to undergo ...

Bloomberg The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public. “We conclude that the Secretary must comply with the Ways and Means Committee’s June 16, 2021 request” for the tax returns and related tax information, ...

Bloomberg US drug regulators are taking an “all-hands-on-deck approach” to reviewing Pfizer Inc and BioNTech SE’s Covid-19 shot for full approval in an effort to persuade as many as possible to get immunised. The Food and Drug Adminstration (FDA) is “identifying additional resources such as personnel and technological resources from across the agency and opportunities to reprioritise other activities, in ...

Bloomberg Yale University is reinstituting a requirement that all individuals wear masks in indoor campus spaces, joining other colleges in efforts to combat the delta variant. Under the policy effective from August 2, masks must be worn regardless of vaccination status, the New Haven, Connecticut-based school said. Exceptions will be made for those working alone in a segregated space, such ...

Bloomberg Starbucks Corp reported quarterly results that outpaced estimates on the back of a strong US recovery — but a less optimistic outlook for the key Chinese market weighed on shares in trading. Global same-store sales, an important gauge of restaurant success, rose 73% in the fiscal third quarter ended June 27 compared with the year-earlier period, surpassing projections. US ...

Dubai / WAM In executing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to grant golden visas to those with scientific competencies and distinguished expertise, the UAE Government invites doctors to apply for the golden visa in recognition of their efforts and sacrifices, and being the frontline heroes. This ...

ABU DHABI / WAM The Abu Dhabi Criminal Court, which has jurisdiction over money laundering and tax evasion offences, has convicted nine defendants and six companies for possessing AED18 million through fraudulent means using a computer-based process. As for the criminal scheme, one of the defendants, operating from outside the country, would contact the victims, claiming to be working for ...