ABU DHABI / WAM The Federal Tax Authority (FTA) has today announced that it has begun implementing the UAE Cabinet Decision to exempt certain corporate taxpayers from administrative penalties resulting from the late submission of registration applications, within the specified deadline. To qualify for the waiver of the penalty, the taxable person (or exempted categories) must submit their Tax Return ...

LILONGWE / MALAWI / WAM Dr Lazarus McCarthy Chakwera, President of Malawi, received HH Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, in the presence of Nancy Tembo, Minister of Foreign Affairs of Malawi, at the beginning of Sheikh Abdullah’s working visit to the capital, Lilongwe. During the meeting, HH Sheikh Abdullah conveyed the ...

DUBAI/WAM Dubai Aerospace Enterprise (DAE) Ltd today announced that it had completed the previously announced acquisition of 100% of the outstanding share capital of Nordic Aviation Capital Designated Activity Company and its consolidated subsidiaries (“NAC” or “Nordic Aviation Capital”) from NAC Holdings Limited. The enterprise value is approximately US$2 billion. DAE now has a fleet of approximately 750 owned, managed ...