News

FTA provides businesses with provisional TRNs

Abu Dhabi / WAM The Federal Tax Authority (FTA), is providing businesses that commenced their registration after the timeframe specified by the authority, with provisional Tax Registration Numbers (TRNs), while completing tax registration requirements including any additional documents, information or amending any errors in their applications if needed. The FTA says it is keen to co-operate with all sectors and ...

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Ministry launches ‘UAE green jobs programme’

Dubai / Emirates Business The Ministry of Climate Change and Environment (MOCCAE), announced the launch of the UAE Green Jobs Programme at the first stakeholder workshop on the subject, convened at its headquarters in Dubai. Nurturing talent and employment for the prospective green industry is considered one of the prerequisites for the successful transformation toward a green economy in any ...

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MOHAP slashes price of select medicines by 24%

ABU DHABI / WAM The patients in the UAE with chronic diseases such as cancer that require long-term treatment will heave a sigh of relief as the Ministry of Health and Prevention (MOHAP), announced a reduction in the prices of a number of medicines. The decision which has been taken in co-operation with the international pharmaceutical company, Sanofi Aventis, is ...

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DLD honours HIPA winners

Dubai / Emirates Business Dubai Land Department (DLD) organised a special event to honour the winners of the Hamdan Bin Mohammed International Photography Awards (HIPA), in line with its inauguration of the ‘Cube’ customer service centre to provide integrated services for real estate investors. DLD collaborated with the HIPA organising committee to acquire entries that focused on the technical aspects ...

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Emirates Gas to implement first composite LPG cylinders project

DUBAI / Emirates Business Emirates Gas, a subsidiary of ENOC Group, will commence the installation, supply and distribution of composite LPG cylinders within Al Khail Gate’s residential community. The project is part of an agreement between Emirates Gas and Dubai Properties (DP) signed earlier this year to supply residents with safer cooking gas cylinders. His Excellency Saif Humaid Al Falasi, ...

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SEDD monitors markets to avert any VAT exploitation

SHARJAH / WAM Sultan Abdullah bin Hadda Al Suwaidi, Chairman of Sharjah Economic Development Department (SEDD), said that the Department seeks to ensure that the economic establishments will apply the laws regulating the Value Added Tax (VAT), especially with regard to tax invoice, which will be implemented from the beginning of next month. He said that there are 12 criteria ...

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VP’s message to scientists lauded

DUBAI / WAM Sarah bin Yousef Al Amiri, Minister of State for Advanced Sciences, said that the UAE considers scientific and technological advancement as a key driver for future development. The foundations have been established for research-driven institutions to spur a nation-wide technological revolution, she added. An accomplished young engineer herself, Al Amiri praised the leadership of the UAE for ...

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ADU, Emirates Islamic to offer financial aid to students

Abu Dhabi / WAM Abu Dhabi University (ADU), hosted a delegation from the Emirates Islamic bank to discuss opportunities to support ADU’s students financially in obtaining their university degrees. The visit aligns with ADU’s vision of empowering young people to shape the future through providing them with all relevant support. Salem Mubarak Aldhaheri, Executive Director of Community Relations at ADU, ...

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Saudi German Hospital Dubai offers treatment to Rohingya refugees

Dhaka / Emirates Business Dozens of Saudi German Hospital’s (SGH) doctors volunteered for humanitarian missions of the Zayed Giving Convoys in their current stop in order to alleviate the suffering of Rohingya refugees in Cox’s Bazar, Bangladesh through providing the best diagnostic, therapeutic and preventive services. Dr Reem Othman, SGH’s CEO and humanitarian ambassador, stressed that the volunteers presented a ...

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Billion-dollar writedowns pile up as US firms analyse tax bill

Bloomberg President Donald Trump has signed a tax overhaul and companies are rejoicing. But the most immediate effect of the new law could be a one-time accounting headache. Hours after the bill signing, announcements started to roll in from some of the world’s biggest companies— with some spectacular numbers. While the bill benefits most companies through a lower rate, it ...

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