Local News

Abu Dhabi / WAM Khalid Ali Al Bustani, the Director-General of the Federal Tax Authority (FTA), has announced that procedures to reclaim Value Added Tax (VAT), for UAE nationals who are building new residences have been simplified with electronic procedures. The announcement was made on Tuesday through a press release that detailed the latest updates on the VAT refund process for UAE ...

Abu Dhabi / Emirates Business Etihad Airways and Abu Dhabi Waste Management Center (Tadweer) are set to collaborate on a landmark research project to explore how municipal waste can be converted into jet fuel. Representing a major development in the adoption of sustainable fuel, one of the aims of the project would be to use the final jet fuel on ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), has signed a Memorandum of Understanding with the management consulting firm Sustainability Excellence. The MoU is aimed at deploying Environment, Social and Governance (ESG)-related initiatives that would enable ADX to promote ESG and sustainability values and practices among its listed issuers and investors as well as internally. Signing the MoU is ...

Dubai / WAM Khalifa Industrial Zone Abu Dhabi (Kizad) has launched an Entrepreneurship and Incubation Centre offering cost-effective work spaces, offices and licensing options to enhance the entrepreneurship and SME ecosystem in the UAE. Kizad, which is one of the largest industrial zones in the Middle East and a subsidiary of Abu Dhabi Ports, is situated within easy reach of ...

RAS AL KHAIMAH / WAM Customers in Sharjah, Ras Al Khaimah, Fujairah, Umm Al Qaiwain and Ajman will be able to choose to self serve free of charge or use the premium service for AED10 when they refuel their cars. Adnoc Distribution also said it will continue to offer four fuel products across its network, including the UAE’s lowest priced ...

DUBAI / WAM Accenture and Etisalat Digital have developed an interactive 3D flythrough experience of what the Expo 2020 Dubai site will look like in two years’ time. Called Explore 2020, it was expected to be unveiled at Etisalat booth at the Gitex Technology Week. Unveiled less than a week before Expo’s two-years-to-go milestone, the 3D environment, rendered in real ...

DUBAI / WAM The Abu Dhabi Future Energy Company, Masdar, has implemented Tejari-JAGGAER sour- cing and eProcurement system to facilitate an automated, efficient and paperless procurement and contracts system for the company. One of Masdar’s core objectives is to support the UAE Energy Strategy 2050, which aims to increase clean energy 25 to 50 percent. Masdar recognises that a streamlined ...

ABU DHABI / WAM The Department of Energy (DoE), the leading entity of the energy sector in Abu Dhabi, has launched the electronic licensing (e-licence) for small-scale regulated activities through Abu Dhabi Government pavilion at GITEX Technology Week 2018 held in Dubai World Trade Centre. The new initiative brings several advantages related to the mechanism of issuing licences such as ...

DUBAI / WAM The Organising Committee of the 5th World Green Economy Summit (WGES), 2018, held a press conference on Monday to announce its readiness to hold the summit, which aims to support the UAE’s efforts to achieve sustainable development and consolidate Dubai’s position as the global green economy capital. Held under the patronage of the Vice President, Prime Minister ...

ABU DHABI / WAM Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc), met Narendra Modi, Prime Minister of India, at an invitation-only energy leaders’ roundtable, as the UAE seeks to expand partnership and investment opportunities, especially in the energy sector. The roundtable, held in New Delhi, was also ...