Recent Posts

Residential units exempt from VAT

ABU DHABI / WAM The supply of commercial real estate, selling or leasing, will be subject to the Value-Added Tax (VAT) at 5%, while residential units will remain generally exempt, except for the first supply of a new residential building within the first three years of it being constructed, which will be 0% rated, according to a statement by the ...

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UAE, Sri Lanka discuss ways of advancing bilateral relations

Colombo / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed ways of advancing bilateral relations with Sri Lanka at a meeting here on Saturday with the Sri Lankan Prime Minister Ranil Wickremesingh. The two sides reviewed issues of common interest and the latest regional and international developments of mutual concern. ...

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Abu Dhabi to receive four direct weekly flights by airBaltic

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT), on Saturday welcomed the launch of airBaltic’s programme to operate direct flights between Riga, Latvia, and Abu Dhabi. As part of the initiative, four-weekly flights between the two cities will operate for five months until March 24, 2018, with the inaugural flight having landed in the ...

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