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UAE-US to launch joint military exercise today

Abu Dhabi / WAM The UAE-US joint military exercise, ‘Native Fury’ 2018 will kick off here on Sunday, with the participation of units of the UAE and US naval units. This is part of a joint exercise plan for the two countries to train in planning and carrying out joint operations. The two-week event aims to exchange expertise, enhance combat ...

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Region’s first sustainability-focused startup launched

Abu Dhabi / WAM The Catalyst, a startup ‘accelerator’ initiative between Abu Dhabi’s renewable energy company (Masdar), and the international oil and gas company (BP), was relaunched at Abu Dhabi Sustainability Week (ADSW 2018), and is now accepting applications from local and international entrepreneurs. Based at Masdar City free zone in Abu Dhabi, the Catalyst is the region’s first sustainability-focused ...

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India cuts GST levies, simplifies rules ahead of federal budget

Bloomberg India slashed tax rates on some goods and services just days ahead of the country’s budget, as it continues to rationalise its six-month-old regime to ease the pain for businesses hit by its chaotic roll out. A panel of federal and state finance ministers decided to revise GST rates on 29 goods and 53 services, Finance Minister Arun Jaitley ...

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