News

Sanad, GMF ink landmark deal to set up MRO centre in Indonesia

Bali / Gulf Time Sanad, a global industrial services leader with over 30 years’ expertise in aerospace and wholly owned by Abu Dhabi’s Mubadala Investment Company PJSC (Mubadala), has signed a landmark memorandum of understanding with Indonesia’s GMF, the country’s largest aircraft maintenance company, at the UAE Business Forum which took place on the sideline of this week’s B20 Summit ...

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G20 health ministers agree to establish pandemic fund

  BALI / WAM The G20 health ministers have agreed to establish a pandemic fund. The fund will be commonly used to fix the health system and close the budget gap for the following five years, based on how the Covid-19 pandemic has been handled in the previous two years. At the G20updates press conference, Secretary General of the Indonesian ...

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FTA to launch EmaraTax on December 5

  Abu Dhabi / WAM Further to the announcements by Federal Tax Authority (FTA) during past weeks, the FTA confirmed its intention to launch the EmaraTax platform on December 5. The migration to EmaraTax will commence from the end of day on November 30 and EmaraTax will be available for use from December 5. To minimise disruption to taxpayers the ...

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UAE cabinet approves convening of government annual meetings

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; HH ...

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UAE Federal Tax Authority set to launch EmaraTax on December 5

  Abu Dhabi / WAM Further to the announcements by the Federal Tax Authority (FTA) during the past weeks, the Federal Tax Authority confirmed its intention to launch the EmaraTax platform on December 5. The migration to EmaraTax will commence from the end of day on Wednesday, November 30 and EmaraTax will be available for use from December 5. To ...

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Dubai Cares highlights importance of integrating education, climate at COP27

  DUBAI / WAM Highlighting the importance of integrating education and climate to achieve global education transformation, Dubai Cares, a civil society organisation formally associated with the United Nations Department of Global Communications, participated at the 27th United Nations Climate Change Conference (COP27). Marking the 30th anniversary of the adoption of the United Nations Framework Convention on Climate Change, COP27 ...

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Sharjah Police completes 724 road tests for drivers

  Sharjah / WAM The Drivers and Vehicles Licensing Department of Sharjah Police has completed 724 transactions for the “drivers’ road driving tests” service, from their locations, during the past eight months, with the aim of enhancing the happiness of customers with the services provided, in line with the quality of life of the UAE community. Commenting on this, Lt. ...

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Dubai Customs recycles 22,436 counterfeit items

  Dubai / WAM Within its efforts to combat counterfeiting and protect the environment and society from the hazards of counterfeit goods, Dubai Customs, represented by the Intellectual Property (IPR) Department, recycled 22,436 counterfeit items for 24 brands. The brands were from Germany, the United States (US), Italy, the United Kingdom (UK), Switzerland, France, South Korea and Japan and included ...

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Dewa organises workshops on clean, renewable energy and AI

  Dubai / WAM The Dubai Electricity and Water Authority (Dewa) Innovation Centre, in collaboration with the Arab Youth Centre (AYC), organised a series of virtual technical training workshops on clean and renewable energy using artificial intelligence (AI) and latest technologies to enhance the efficiency and sustainability of energy. The two-day workshop was attended by 57 young men and women ...

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Germany’s annual borrowing set to hit $45 billion next year

Bloomberg Germany’s ruling coalition is planning to more than double net federal borrowing next year to help ease the impact of the energy crisis and steer Europe’s largest economy through an expected recession. The government is targeting net borrowing of €45 billion ($45 billion) in 2023, according to people familiar with the plan, who asked not to be identified discussing ...

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