Sharjah / WAM The Eastern Region of the emirate of Sharjah, which includes Kalba, Khor Fakkan and Dibba Al Hisn, is witnessing the implementation of various development projects related to roads, infrastructure, tourism, heritage, environmentally-friendly hotels and resorts that will shape the future of the region. HH Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of ...
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Abu Dhabi / WAM Leading experts and economists participating in an e-symposium here on Wednesday highlighted the various growth challenges and risks of depression facing the global economy. Addressing the concluding symposium – The Future of Global Economy: Growth Challenges and Risks of Depression – as part of the TRENDS Global Economic E-Forum, they tackled the future of the global ...
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Abu Dhabi / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, has said that the world is celebrating on Wednesday World Youth Day, under the theme, “Involving Youth in Global Efforts,” to highlight the participation of the youth in local and international events and present their achievements in all sectors. On the occasion, Al Kaabi pointed ...
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Abu Dhabi / emirates business Watania’s net profit jumps to AED16.6 million during the first six months of 2020 from AED7 million as compared to the same period last year – a growth of 136%, declared Dr Ali Saeed Bin Harmal Al Dhaheri, Chairman of the Board of National Takaful Company. The lockdown imposed on account of the pandemic saw ...
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DUBAI / WAM Dubai Land Department (DLD), in cooperation with Property Finder, launched the fourth edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. A strong momentum in June laid the foundation ...
Read More »DUBAI / WAM The Beit Al Khair Society announced that its overall spending in the first half of 2020 amounted to AED119.3 million which benefitted 24,618 vulnerable families and a total of three million people. Abdeen Taher Al Awadhi, Director General of society, stated that the second quarter witnessed progress in the types and value of aid provided by the ...
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Abu Dhabi / WAM The Federal Tax Authority (FTA) clarified via a guide that Value Added Tax (VAT) is applied on e-commerce services (also known as “electronic commerce”, sometimes referred to as the “digital economy”) upon their actual use or enjoyment in the UAE. Users should note that although many of the general rules of VAT apply to e-commerce, there ...
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Dubai / Emirates Business Emaar Malls, the developer of premium shopping malls and retails assets including The Dubai Mall, majority-owned by Emaar Properties, reports revenue of AED1.657 billion in the first half of 2020 (January to June). With a first-half net profit of AED345 million, the result demonstrates the resilience of the business. Commenting on the results of the first ...
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Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) held a remote video meeting with Bernard Tabary, CEO International at Keolis Group; a leading French firm and operator of passenger transport on various transit modes. The meeting discussed cooperation and exchange of expertise between RTA and Keolis. ...
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Abu Dhabi / WAM Modon Properties, mandated by the Government of Abu Dhabi to develop integrated tourism destinations and sustainable residential communities, signed a long-term lease agreement with LuLu Group International for the operation of retail outlets at the Courtyard Mall complex in Riyadh City, Abu Dhabi. The agreement is the result of Modon’s ongoing cooperation with leading retailers as ...
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