News

  Abu Dhabi / WAM The Federal Tax Authority (FTA) announced that the single sign-on feature of the UAE Pass – the first national digital identity– has been introduced to the EmaraTax platform, which tax system registrants can use in all procedures and services on the platform, available through the official FTA website, further advancing the sweeping digital transformation taking ...

  Sharjah / WAM Sharjah Electricity, Water and Gas Authority (Sewa) has completed the installation of 23,000 new smart meters in 2022 and replaced mechanical meters with smart meters in various regions of Sharjah. The new smart meters are accurate which contribute to providing accurate readings free from errors, as well as rationalising energy consumption, and saving time and effort. ...

  Abu Dhabi / Gulf Time The President of the Emirates Sailing and Modern Rowing Federation Sheikh Ahmed bin Hamdan Al Nahyan crowned the winners of the third round of the UAE Modern Rowing Championship, which was organised by Abu Dhabi Marine Sports Club on Abu Dhabi breakwater. A total 92 medals were won by the participants in various categories. ...

Bloomberg The UK Treasury is expected to post the largest budget deficit for any January in at least 25 years, tying the hands of Chancellor Jeremy Hunt as he faces calls to cut taxes and boost public-sector pay. In normal times, January delivers a bumper surplus as workers and companies settle their tax bills. But this year, spending is being ...

  Bloomberg SpaceX is facing a $175,000 fine from the Federal Aviation Administration (FAA) for failing to provide proper advance data about an August 2022 Starlink launch and its potential for collision with debris in orbit. “SpaceX was required to submit the data to the agency at least seven days prior to an attempted launch,” the FAA said in a ...

  Bloomberg Renault SA’s Alpine is once again in the run for a Formula 1 championship this season but with a much bigger prize in mind than just gaining a few podiums. It’s seeking women drivers. The brand, which finished fourth last year in the constructors championship, is boosting investments to develop female talent in professional racing, a male-only realm ...

Bloomberg Tesla Inc has been weighing a takeover of battery-metals miner Sigma Lithium Corp, people with knowledge of the matter said, amid rampant demand for the metal used in electric vehicle batteries. The EV maker run by Elon Musk has been speaking with potential advisers about a bid, said the people, who asked not to be identified discussing confidential information. ...

  Bloomberg Formula 1 “will never switch to electric,” Stefano Domenicali, president and chief executive officer of the motor sport group, said in an interview published by Italian newspaper Il Sole 24 Ore. To help lower emissions, F1 is developing a zero-emission petrol that “could be used by planes and vessels” as well, Domenicali said. The successor of Bernie Ecclestone ...

  Bloomberg Abbott Laboratories is facing another probe into its role in last year’s baby formula shortage that left millions of American families scrambling for vital nutrition products. Last month, Abbott received a civil investigative demand from the US Federal Trade Commission seeking information in connection with its probe of companies that participate in bids for formula contracts, according to ...

Abu Dhabi / WAM For the past 12 days, the UAE has been providing assistance to the victims of the earthquakes in Türkiye and Syria as part of the ‘Gallant Knight/2’ operation. To date, 97 cargo planes have been sent to both countries, with 58 flights carrying 1918 tonnes of relief materials to Syria, and 39 flights carrying 706 tonnes ...