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DUBAI / WAM Within their continuous efforts to support trade activity in Dubai to help businesses overcome the challenges and boost their revenues, Dubai Customs, in cooperation with the Federal Tax Authority (FTA), launched the Trader Export Report service. The new service will help clearance and shipping agents achieve Zero Rating of supply of goods exported within 90 days of ...

AL AIN / WAM The United Arab Emirates University (UAEU) continues its efforts to build the economy of the future, based on knowledge, innovation, and technology, and promote the research and development, by adopting many initiatives that achieve the UAE future vision. Research cooperation with Dutch research centers and universities resulted in the producing of 129 research papers during the ...

Bloomberg The Justice Department directed the Treasury Department to hand over former President Donald Trump’s tax returns to Congress, a move that means six years of Trump’s personal and business financial information could become public. “We conclude that the Secretary must comply with the Ways and Means Committee’s June 16, 2021 request” for the tax returns and related tax information, ...

Bloomberg US drug regulators are taking an “all-hands-on-deck approach” to reviewing Pfizer Inc and BioNTech SE’s Covid-19 shot for full approval in an effort to persuade as many as possible to get immunised. The Food and Drug Adminstration (FDA) is “identifying additional resources such as personnel and technological resources from across the agency and opportunities to reprioritise other activities, in ...

Bloomberg Yale University is reinstituting a requirement that all individuals wear masks in indoor campus spaces, joining other colleges in efforts to combat the delta variant. Under the policy effective from August 2, masks must be worn regardless of vaccination status, the New Haven, Connecticut-based school said. Exceptions will be made for those working alone in a segregated space, such ...

Bloomberg Citigroup Inc’s chief financial officer said China’s recent moves to crack down on companies isn’t likely to harm the bank’s business across the Asia-Pacific region. While Citigroup has decided to exit retail banking operations in some Asian markets, it will continue to offer services to large corporations in the region through its institutional-clients group, Mark Mason said on a ...

Bloomberg Starbucks Corp reported quarterly results that outpaced estimates on the back of a strong US recovery — but a less optimistic outlook for the key Chinese market weighed on shares in trading. Global same-store sales, an important gauge of restaurant success, rose 73% in the fiscal third quarter ended June 27 compared with the year-earlier period, surpassing projections. US ...

DUBAI / WAM The ‘Double Moon’ campaign, which was organised in the run-up to Hope Probe’s arrival to Mars, bagged an Outdoor Silver Lion at the prestigious Cannes Lions International Festival of Creativity. The campaign, which brought Mars’ twin moons Phobos and Deimos to the skies of Dubai earlier in February using new technologies for the first time in the ...

Abu Dhbai / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed during a telephone call with British Prime Minister Boris Johnson ways of enhancing relations of cooperation and friendship between the two countries. His Highness Sheikh Mohamed bin Zayed and the British Prime Minister ...

Abu Dhbai / WAM First Abu Dhabi Bank (FAB) has reported its financial results for the first half period ended on June 30. First half 2021 Group Net Profit was AED5.4 billion, an 11 percent increase year-on-year. The increase was driven by revenue growth from a solid performance across the bank’s core businesses despite headwinds from rate cuts, increased contribution ...