News

  Bloomberg China’s Finance Ministry has submitted a consumer tax overhaul proposal to the State Council, according to two people familiar with the matter who asked not to be identified because the discussions are private. The proposal is subject to change after other ministries and the State Council, China’s cabinet, give their input, one of the people said. Finance Ministry ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday toured the 15th Cityscape Global real estate exhibition which began on Tuesday at Dubai World Trade Centre and will conclude on September 8. Some 272 exhibitors from more than 30 countries (68 percent from the ...

  Dubai / WAM The US – UAE Cybersecurity Forum, which Dubai will host on Wednesday, aims to inform about public policy discussions in the UAE, drive bilateral collaboration in cybersecurity and encourage co-operation amongst industry stakeholders, the organisers said. The forum is being organised by the US Chamber of Commerce, The American Business Council in Dubai, Dubai Chamber and Dubai ...

  Abu Dhabi / WAM The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market, and the Guernsey Financial Services Commission, Guernsey FSC, today signed a Memorandum of Understanding to co-operate on supervisory matters, exchange of information, as well as to foster high regulatory practice in both jurisdictions. Richard Teng, Chief Executive Officer of the FSRA and William Mason, Director-General ...

  Dubai / WAM Dubai South and Expo 2020 Dubai are collaborating at this year’s Cityscape Global to showcase the legacy that will be generated by the Expo and how it forms a part of the residential lifestyle opportunities for thousands of individuals within Dubai South in the run up to, and post, the mega-event. The Expo 2020 site in the ...

  Dubai / WAM The Jebel Ali Free Zone (Jafza) recently organised a forum for the machinery and equipment sector, entitled, ‘Energy Engineering Technologies’, which was attended by companies operating in the niche field of energy engineering. The machinery and equipment sector, which occupies over 3.1 million square metres in Jafza, has over 29,000 employees, almost 21 percent of the total workforce ...

  Dubai / WAM The Masdar Institute of Science and Technology on Tuesday announced that it has signed an agreement to be the Official Sustainable Energy Partner of “Innovation Live!”, an initiative aligned with the UAE National Innovation Strategy and Vision 2021. Facilitated by MEED, “Innovation Live!” responds to the vision of Vice President and Prime Minister and Ruler of Dubai, ...

  Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, and Chairman of Dubai Municipality, approved the awarding of a AED1 billion contract for the construction of the Mohammed bin Rashid Library, the biggest cultural project in the Arab world. Construction work will commence in September 2016 and be completed by ...

  Dubai / WAM Abu Dhabi Fund for Development (ADFD) and the International Centre for Biosaline Agriculture (ICBA) signed a Memorandum of Understanding to complete the construction of the Emirates Soil Museum in the Emirate of Dubai. The museum, a unique hub for soil education, will be the first of its kind in the Gulf Cooperation Countries and the Middle East ...

  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) recently organised its sixth forum on human resources to enhance internal communication and promote staff connectivity. Speaking on the occasion, Mohammed Saqr Al Nuaimi, Acting Assistant Under-Secretary for Institutional and Support Services, emphasised the importance of organising forums according to directives from Saqr Ghobash, Minister of Human Resources and ...