ABU DHABI / WAM The Federal Tax Authority (FTA) said that the final reduced prices for goods on promotional offers must include the 5 percent Value Added Tax (VAT), which is to be calculated as included in the new price after reductions by the sales outlets or service providers themselves. In a new awareness message targeting consumers and service recipients ...

DUBAI / Reuters Dubai’s Al Khaleej Sugar Refinery has agreed to build a major agro-industrial complex to produce beet sugar under a deal signed with the Egyptian government, the world’s largest port-based sugar refinery said on Sunday. The project, named Al Canal Sugar, will be located only about 200 km (125 miles) from its market, Jamal al-Ghurair, managing director of ...

DUBAI / Emirates Business Mega-projects like Expo 2020 Dubai are fuelling the UAE’s CCTV and video surveillance market to top $194 billion by 2023, industry experts announced ahead of the World Government Summit, running in Dubai from February 11-13. During the World Government Summit, global leaders will exchange best practices in using technology to enhance public safety. The UAE is ...