News

FTA outlines two main conditions for tax de-registration

ABU DHABI / WAM The Federal Tax Authority (FTA), defined the conditions for tax de-registration, in accordance with Federal Decree-Law No. 8 of 2017. In a statement issued on Saturday, the Authority clarified the conditions and procedures for de-registration for Value Added Tax (VAT), since its implementation. The FTA explained that if a registrant stops making taxable supplies or if ...

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Esma adopts 16 new standards in cosmetics, chemical, oil and gas

DUBAI / WAM The Emirates Authority for Standardisation and Metrology (Esma) adopted the requirements for the official use of stamping on jewellery, precious metals and stones in UAE markets, in order to guarantee the highest levels of confidence among consumers nationwide. The Esma Board of Directors, in a meeting chaired by Sultan bin Saeed Al Mansouri, Minister of Economy and ...

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5,000 new companies join Sharjah Chamber in 2018

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), announced that 5,178 new companies have joined the chamber in 2018, which represents a 7.4 percent growth in the total number of members when compared to the previous year. This increase in membership reflects the competitive advantages offered by the emirate to attract foreign investment and the innovative services ...

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Mohammed visits ‘MSC Splendida’ at Port Rashid

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Saturday visited the Italian cruise ship MSC Splendida at Port Rashid in Dubai. Upon his arrival, the captain of the MSC Splendida welcomed His Highness Sheikh Mohammed and briefed him on the various facilities the gigantic cruise ...

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ADFCA concludes Sheikh Zayed Heritage Festival participation

ABU DHABI / WAM The Abu Dhabi Food Control Authority (ADFCA), on Saturday, concluded its participation in the Sheikh Zayed Heritage Festival 2018. Launched in November, the festival was held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander ...

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UAE: Link between climate change, insecurity requires greater global attention

New York / WAM The UAE has called for greater attention from the international community on the link between climate change and insecurity at the UN Security Council Open Debate on the impact of climate-related disasters on international security. Speaking before the Council, Ambassador Lana Zaki Nusseibeh, UAE’s Permanent Representative to the United Nations in New York, underscored that while ...

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Canada confirms participation in Expo 2020, eyes new markets

Dubai / WAM Canada confirmed its participation in Expo 2020 Dubai on Saturday, with the aim to explore trade opportunities and access new markets during the next World Expo platform. The G7 nation’s participation was sealed during two separate high-level meetings between Jim Carr, Canada’s Minister of International Trade Diversification, Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and ...

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ERC solar systems to power 230 homes in Hodeidah

HODEIDAH / WAM Integrated solar power energy systems have been installed in the villages of Ghalifqa and Taif in Hodeidah, Yemen. The systems, installed by the Emirates Red Crescent (ERC), will provide electricity to 230 homes within the Yemeni villages. According Mohammed Al Junaibi, ERC Director of Humanitarian Affairs in Yemen, the solar power energy systems contain two panels and ...

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UAE’s emergency aid reaches Yemen’s Abyan Governorate

ABYAN / WAM The Emirates Red Crescent (ERC), responded to an emergency call by civilians in Hammat Sarar in Yemen’s Abyan Governorate. The emergency aid convoy consisted of 250 food parcels to some 200 families in Hammat Sarar, situated via rugged mountain roads four kilometres away from Abyan. Accompanying the UAE aid convoy, Saleh Qasim, Director-General of the Sarar Directorate, ...

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Alberta targets $1.5 billion upgrader to get more from oil

Bloomberg Alberta is working to encourage construction of a C$2 billion ($1.5 billion) partial-upgrading facility that would turn more of the province’s sludgy bitumen into higher-value products. The facility, designed by Calgary-based Value Creation Inc, would be located near Edmonton and process 77,500 barrels of diluted bitumen a day into products like medium synthetic crude and ultra-low sulfur diesel. The ...

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