Recent Posts

Khalifa Fund to strengthen, promote SME sector in UAE

ABU DHABI / WAM Khalifa Fund for Enterprise Development (KFED) hosted a forum on ‘Strategic Alignments – Connections 2018’ to promote domestic Small and Medium-sized Enterprises (SMEs) and support their growth, and implement innovative plans to help foster an entrepreneurial spirit in the country. The forum brought together top-level officials from federal and local entities within the legislation and banking ...

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UAE provided AED28bn boost to Sudan’s economy

ABU DHABI / WAM The United Arab Emirates and the Republic of Sudan enjoy long-standing ties of cooperation and strategic bilateral relations, built on joint coordination and economic and development partnerships, that have contributed to the progress and prosperity of Sudan. Thanks to the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the directives of His ...

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FTA: Businesses must display VAT inclusive prices

ABU DHABI / WAM The Federal Tax Authority (FTA) has asserted that all businesses subject to Value Added Tax (VAT) and Excise Tax must display prices of goods and services inclusive of tax in order to avoid administrative penalties. The authority called on consumers and service recipients in the UAE to be aware of their rights, noting that prices displayed ...

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