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Thank you, Mohamed bin Zayed: VP

DUBAI / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has dedicated his accession day anniversary to thank His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, for devoting his life to serving the nation ...

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MoF approves first purchase invoice with VAT

ABU DHABI / WAM The Ministry of Finance (MoF) on Tuesday issued the first VAT inclusive purchase order, and approved the first VAT invoice on its federal financial system, becoming the first federal entity to implement tax procedures and issue a tax invoice in 2018. The ministry provides a fully-integrated system, a technical support team, as well as a telephone ...

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Al-Futtaim acquires M&S Hong Kong, Macau stores

DUBAI / WAM Marks & Spencer (M&S) on Tuesday confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on December 30, sees Al-Futtaim become the new sole franchisee for M&S in Hong Kong and Macau. Al-Futtaim has worked in partnership with M&S since 1998 when ...

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