Bloomberg President Donald Trump praised crew members and passengers of a Southwest Airlines flight for their handling of an emergency landing two weeks ago after an engine exploded. Trump met in the Oval Office with five crew members and five passengers from Flight 1380, saying that they were “some incredible people.” The visit, arranged after the White House contacted the ...

ABU DHABI / WAM In line with the UAE Government’s efforts to ensure an efficient implementation of the Value Added Tax (VAT), while employing best international standards and maintaining the competitiveness of the local precious metals sector, the UAE Cabinet adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. This step ...

ABU DHABI / WAM The UAE Central Bank’s total assets amounted to AED2.718 trillion during Q1 2018, 0.9 percent up from AED2.693 trillion by the end of December 2017, according to CBUAE statistics. Total loans increased to AED1.608 trillion during the first three months of the year, a growth of 1.8 percent from AED1.580 trillion during the corresponding period last ...