Local News

Abu Dhabi / WAM The Federal Tax Authority (FTA), revealed that approximately 90,000 businesses registered for Value Added Tax (VAT), are required to submit their tax returns and pay their taxes no later than April 29. Over 85,000 of these companies had their first quarterly tax period end in March, while the remaining businesses saw their monthly periods end on ...

Abu Dhabi / Emirates Business The Department of Economic Development (DED), in Dubai signed a memorandum of understanding (MoU), with the Dubai Free Zones (DFZ), Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, FDF, who is also the Honorary President of the Emirates Red Crescent, ERC, has provided additional support of $1 million to the Fund for Refugee Women. The ...

Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), on Sunday organised the Mena Diplomacy Dialogue, discussing ‘The Role of Gender in Foreign and Security Policy,’ to review the role of gender in addressing the role of women in achieving security and maintaining peace. Dr Nawal Al-Hosany, Deputy Director-General of EDA, said that despite relentless international calls for women to ...

Dubai / WAM The Sustainable Communities and Climate Change Summit (SCCCS), was held on Sunday, under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, to provide a dedicated platform to discuss major regional and international issues in relation to climate change and other sustainability challenges facing ...

DUBAI / WAM Dubai Statistics Center (DSC) revealed that Dubai’s real gross domestic product (GDP) reached AED 389 billion in 2017 compared to AED 379 billion in 2016. According to DSC, the growth was fuelled by the performance of strategic sectors that accounted for 72.2% of total growth in 2017. The transportation and storage sector was the biggest contributor to ...

DUBAI / WAM Trade between Jebel Ali Freezone (Jafza) and India reached over $3.4 billion in 2017. Latest figures from Jafza show that over 788 Indian companies are trading from the freezone, serving key markets in the region and building on historical ties that date back to 1985 when it first opened. DP World has extensive business interests in India, ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) organised a workshop to review its strategy for 2021. The workshop, which was held under the theme ‘Zayed’s Legacy for a Sustainable Future’ was attended by Saeed Mohammed Al Tayer, MD & CEO of Dewa, Executive Vice Presidents, Vice Presidents, Dewa’s experts, and staff. Al Tayer noted that Dewa organises the ...

Dubai / Emirates Business The total value of the 1,156 hospitality and tourism projects in the GCC region has exceeded $147 billion (AED539 billion) in March 2018, according to BNC Network, the largest project intelligence provider in the Mena region. Among the 1,156 hospitality projects, 724 projects worth $78 billion (AED 286 billion) are hotel projects while 140 projects worth ...

ABU DHABI / WAM Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has announced that the Market Surveillance Division has become an accredited international inspection body in accordance with the requirements of ISO/IEC 17020-2012. The certification were awarded after a certified team from the Emirates International Accreditation Center ...