Reuters Middle Eastern stock markets edged up in quiet trade on Sunday, with construction and building materials stocks boosting Saudi Arabia ahead of the release of its 2018 state budget this week. Saudi Arabia’s index added 0.3 percent as builder Khodari surged 7.6 percent in its heaviest trade since January. Najran Cement gained 4.5 percent and in addition to Khodari, …

Abu Dhabi / Emirates Business A technical delegation from Abu Dhabi Fund for Development (ADFD) visited the Kingdom of Bahrain to review the progress of the development projects financed by the Fund in the country. The projects are being implemented as part of the AED9.19 billion grant provided by the UAE to Bahrain within the framework of the GCC development …

Abu Dhabi / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, has called on all businesses to comply with the executive regulations of the Federal Law No. 08 of 2017 on Value Add Tax (VAT), and register online via the Federal Tax Authority’s website to receive a tax identification number, …