Emirates Business The Federal Tax Authority (FTA) has announced that tax refund for tourists scheme goes into effect on November 18, allowing eligible tourists to request refunds of the value added tax (VAT) incurred on their purchases. The first phase will see the digital system of the tax refund for tourists scheme implemented at Abu Dhabi, Dubai and Sharjah International ...

Bloomberg Southeast Asia is seeing a boom in foreign direct investment as the intensifying trade war between the US and China prompts companies to shift production to the region. Vietnam saw manufacturing inflows jump 18 percent in the first nine months of 2018, driven by investme- nts including a $1.2 billion polypropylene production project by South Korea’s Hyosung Corp, according ...

ABU DHABI / WAM The Facility Management Division of Abu Dhabi General Services Company, Musanada, has carried out maintenance of 120,000 assets belonging to 1,000 buildings for 31 government clients across Abu Dhabi, Al Ain and Al Dhafra region, totalling AED468 million. Helal Al Blooshi, Musanada’s Acting Executive Director of Facility Management Division (FMD) said that company’s call centre receives ...