Bloomberg India’s windfall tax on domestic crude oil production and fuel exports may help the government bring in 1 trillion rupees ($12.7 billion) in revenues, Press Trust of India (PTI) reported. The federal government’s latest levies could help it recoup most of the revenues lost from fuel excise duty cuts announced in May this year, according to the news agency, citing ...
Read More »ABU DHABI / WAM The UAE has expressed its sincere condolences and solidarity with the Islamic Republic of Iran over the earthquake that struck the south of the country, and caused dozens of casualties. The Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its sincere condolences to the government of Iran and its people, and to the families ...
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Baghdad / WAM The Iraqi Ministry of Oil announced that the revenues achieved during the month of May amounted to more than $11 billion. A statement by the ministry, received by the Iraqi News Agency (INA), stated that “the Ministry of Oil announces the total exports and revenues achieved for the month of May, according to the preliminary statistics ...
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Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that the total production capacity of energy has reached 14,117 megawatts (MW) after adding 700MW. This includes 600MW from the Hassyan Power Complex, which runs on natural gas, and 100 MW from photovoltaic (PV) solar panels at the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park, ...
Read More »DUBAI / WAM The Sea Customs Centres Management, one of Dubai Customs’ departments, carried out 61,852 inspections and 120 seizures in the first quarter of 2022. In 2021, the Management carried out 150,541 inspections and 248 seizures. “We upgraded and developed our inspection systems in our customs centres to achieve the best results in confronting attempts to smuggle prohibited ...
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ABU DHABI / WAM The UAE Circular Economy Council convened its second meeting of 2022, presided over by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment. The council approved 22 policies proposed by its subsidiary, the Circular Economy Policies Committee, that focus on accelerating the implementation of the circular economy model in the UAE in four ...
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Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that the total production capacity of energy has reached 14,117 megawatts (MW) after adding 700MW. This includes 600MW from the Hassyan Power Complex, which runs on natural gas, and 100 MW from photovoltaic (PV) solar panels at the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park, ...
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DUBAI / WAM Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), and Maria Camilleri Calleja, Ambassador of Malta to the UAE, have met to discuss the preparations for the visit of the Maltese trade mission to the country in mid-September. The visit aims to seize investment opportunities in the UAE and ...
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ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) organised a webinar on the “Mechanisms to combat money laundering and terrorism financing and the Obligations of Legal Professionals, Officers of the Court and Others Towards these Crimes in the Light of UAE Legislation and Judiciary, and International Experiences”, as part of the efforts to strengthen anti-money laundering endeavours ...
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DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) announced that Tesla Model 3 had been added to Dubai Taxi Corporation’s taxi fleet on a trial basis, following the huge success of operating 172 Tesla vehicles in the limousine service since 2017. The trial operation aims to verify the efficiency of the vehicle when deployed on the taxi fleet ...
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