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UAE, Gambia to boost ties

ABU DHABI / WAM President Adama Barrow of the Republic of Gambia has expressed his country’s interest in promoting economic and investment cooperation with the United Arab Emirates. This came during a meeting with Mohamed Helal Al Muhairi, Director-General of the Abu Dhabi Chamber of Commerce and Industry, at the Emirates Palace in Abu Dhabi. Preident Barrow, during the meeting, ...

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Emirates NBD profits up 49%

Bloomberg Emirates NBD PJSC’s first-half profit jumped 49 percent as Dubai’s biggest bank benefitted from the sale of a stake in its card payments processing unit. Net income advanced to AED7.48 billion ($2.04 billion) from 5.02 billion a year earlier, the state-controlled lender said in a statement. The bank made AED2.1 billion from the initial public offering of Network International ...

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FTA showcases progress on indirect taxes in UAE

Abu Dhabi / Emirates Business The Federal Tax Authority (FTA) is invested in facilitating procedures for the value added tax (Vat) recovery on the building of new residences by UAE Nationals programme, asserted His Excellency Khalid Ali Al Bustani, FTA Director General, at a discussion held at the Majlis of HE Abdullah Muhair Al Kutbi in Al Mushrif, Abu Dhabi. ...

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