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Hamdan: UAE has one of world’s best integrated tax systems

DUBAI / WAM The UAE has succeeded in establishing an integrated tax system that is now considered as one of the best in the world, said His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, while chairing the fourth meeting of the Board of Directors of the Federal Tax Authority (FTA). “The FTA ...

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‘UAE’s financial, economic developments require unified laws, procedures’

DUBAI / WAM The UAE is witnessing remarkable developments on financial and economic levels and these achievements require unified laws and procedures at the federal and local levels, and consolidated efforts to serve the country’s overall objectives and encourage economic growth in accordance with best interna- tional standards, said Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance. The ...

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UAE top among Arab nations for speed in ‘registering property’

Dubai / Emirates Business Dubai Land Department (DLD) concluded the ‘First Arab Land Conference’, which was hosted by the Emirate of Dubai from February 26-28 at the St. Regis – Al Habtoor City Hotel under the theme ‘Toward Sustainable Urban Development.’ The conference, organised in partnership with the World Bank, the Global Land Tool Network, UN-HABITAT, the League of Arab ...

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With aviation sector taking off strongly, more women take to skies

DUBAI / WAM Compared with other countries in the Middle East and North Africa (MENA), region, the UAE has more women pilots, captains, aircraft engineers, mechanics, aircraft maintenance and air traffic controllers, among others. Thirteen of the 15 countries with the lowest rates of women participating in their labour force are in the MENA. Emirates currently employs nearly 27,000 women, ...

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Germany seals €50 million Expo 2020 Dubai participation deal

Dubai / WAM Germany, Europe’s largest economy and one of the world’s leading supporters of renewable energy, on Wednesday sealed its €50 million (AED226 million), investment in the next World Expo by signing an official participation contract for Expo 2020 Dubai. Dietmar Schmitz, Commissioner General of the German Pavilion, and Najeeb Mohammed Al-Ali, Executive Director at the Dubai Expo 2020 ...

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Mohamed receives call from US president

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a telephone call from US President Donald Trump, during which they discussed the distinguished relations of friendship and cooperation between the two countries and means of strengthening them in various fields, so as ...

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Sheikh Suroor briefed on latest developments in Barakah nuclear plant

Abu Dhabi / WAM His Highness Sheikh Suroor bin Mohammed Al Nahyan visited the Barakah Nuclear Power Plant in Al Dhafra Region on Wednesday. Sheikh Suroor was welcomed by Ahmed Mohammed Al Rumaithi, Deputy CEO of the Emirates Nuclear Energy Corporation, ENEC, and several of the plant’s employees. At the start of his tour, Sheikh Suroor was briefed about the ...

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GCAA organises Aeronnovation Summit

Dubai / WAM The General Civil Aviation Authority (GCAA), on Wednesday held the Aeronnovation Summit, in line with the GCAA strategy to support innovation in the UAE’s aviation industry, at the Dubai World Trade Centre. The Aeronnovation Summit and Awards were held under the patronage of Sultan bin Saeed Al Mansouri, Minister of Economy, and attended by GCAA board members, ...

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Adnoc partners with healthcare providers

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), announced on Wednesday that it has appointed NMC Healthcare to manage operations of Ruwais Hospital, bringing best-in-class medical services and experience to its employees, the Ruwais community and the broader Al Dhafra Region. ADNOC also announced it has selected VPS Healthcare to operate the medical services at its onshore ...

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Dubai Chamber investments in LatAm to reach AED100mn

Dubai / Emirates Business Dubai Chamber’s investments aimed at raising awareness about trade and investment opportunities in Latin America are expected to reach AED 100 million over the next ten years, the Chamber’s President and CEO, Hamad Buamim revealed at the Global Business Forum on Latin America 2018 in Dubai on Wednesday. Speaking during a panel discussion entitled “Tomorrow’s Synergies ...

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