Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of UAE has issued Law No. 07 of 2018, establishing ‘Watani Al Emarat Foundation’ as a public entity. According to the Law, the new Foundation will replace the ‘Watani Programme’. All liabilities, commitments, assets, and responsibilities of the ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), asserted that the new Cabinet Decision issued to regulate Value Added Tax (VAT), incurred by gold and diamond dealers registered with the FTA seeks to establish the adequate legislative environment and infrastructure for the gold and diamonds sector to thrive. The decision also improves cash flow among registered suppliers of gold ...

Dubai / WAM Dubai Statistics Centre (DSC), on Wednesday announced the results of its Labour Force Survey 2017. The findings of the Survey reveal that Dubai had an unemployment rate of 0.5per cent in the last year, a figure that is significantly lower than the global average. Arif Al Muhairi, Executive Director of Dubai Statistics Centre, said, “The results of the ...