ABU DHABI / WAM During the Abu Dhabi ‘s World Future Energy Summit (WFES), 2020 and Ecowaste Expo, Abu Dhabi Waste Management Centre (Tadweer) signed an Memorandum of Understanding with food delivery service Talabat to collaborate towards the promotion and implementation of a sustainable food service system. The MoU was signed by Dr Salem Khalfan Al Kaabi, General Manager of ...
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Al Ain Safari, from feeding giraffes to having dinner next to lions
AL AIN / WAM Al Ain Safari is the largest man-made safari park in the world, located in Al Ain Zoo on an area of 217-hectare, with room for future expansion projects. The first phase of what is also called the “African Safari” was inaugurated in April 2016 on a 54.5-hectare area. Al Ain Safari has become the preferred destination ...
Read More »VAT refund on homes made easier for Emiratis
ABU DHABI / WAM The Federal Tax Authority (FTA) launched a new and enhanced platform on its website to further streamline the process of recovering Value Added Tax, (VAT) incurred by UAE citizens on the building of new homes. Citizens who qualify for VAT recovery on newly built homes will receive an email with a request to submit the necessary ...
Read More »Dubai EV-charging points can now be located online
DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has mapped its electric vehicle charging station locations, across 14 digital platforms, including Dewa website and Smart app, the Authority announced on Tuesday. This, Dewa said, will support customers, who register in the EV Green Charger Initiative, to accurately locate all the Dewa charging stations across a variety of digital map ...
Read More »Adnec all set to host leading industry events in Q1 2020
Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) is set to host leading industry events, at both the Abu Dhabi National Exhibition Centre and Al Ain Convention Centre in the first quarter of 2020 in one of their busiest seasons yet. Following on from a successful 2019 season, Adnec aims to ensure a strong start to the new ...
Read More »UAE sends urgent aid to Philippines after volcano eruption
ABU DHABI / WAM The UAE has provided urgent aid to those affected by the eruption of Taal Volcano in the Philippines. This comes following the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the monitoring of HH Sheikh Hamdan bin Zayed Al ...
Read More »Uber sells India food business to rival Zomato to cut losses
Bloomberg Uber Technologies Inc will sell Uber Eats in India to local rival Zomato in a $172 million deal, according to a person familiar with the transaction, underscoring the ride-hailing giant’s effort to cut back on loss-making operations. Uber agreed to offload the business in return for 9.99% of the Indian startup, maintaining a foothold in one of the world’s ...
Read More »India may ease rules to help firms boost overseas borrowings
Bloomberg Indian policy makers may make it easier for companies to tap foreign funding, as a prolonged cash squeeze makes it tough for firms to borrow at home. Investors are speculating about potential steps finance minister Nirmala Sitharaman could unveil when she presents the nation’s budget on February 1. These measures may include freeing up firms to borrow at higher ...
Read More »Debt sales draw most bids since 2016 in Indonesia
Bloomberg A sale of Indonesian sovereign debt drew the most bids in more than three years, underscoring rising demand for emerging-market assets as trade tensions eased. The ministry of finance received 94.98 trillion rupiah ($7 billion) of offers at an auction of 15 trillion rupiah of government bonds. The level of incoming bids was a record based on data compiled ...
Read More »Huawei CEO rejects threat of US escalation
Bloomberg Huawei Technologies Co founder Ren Zhengfei shrugged off the threat the US will impose even stricter sanctions against his company, saying he was confident China’s largest tech company can survive further attacks from Washington. Tighter restrictions on the sale of American technology to the telecommunications giant — something the White House is considering — will not have very significant ...
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