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China scraps trade talks as new US tariffs loom

Bloomberg China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation. Beijing has withdrawn a planned delegation to Washington next week, the people told Bloomberg. The Wall Street Journal earlier reported that China had scrapped plans to send Vice-Premier Liu ...

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ADX chairs Arab Federation of Exchanges meet

ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all ...

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FTA urges retailers to register for tourist VAT refund scheme

ABU DHABI / WAM The Federal Tax Authority (FTA), has invited retailers, outlets and shops registered for Value Added Tax (VAT), to register in the digital system of the Tax Refund Scheme for tourists, which will come into effect as of the fourth quarter of 2018. The authority cautioned that a retailer’s membership in the Tax Refund Scheme for tourists ...

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