Bloomberg The world’s political and corporate elite gathered in the Swiss ski resort of Davos delivered a robust defense of globalisation as US President Donald Trump slapped tariffs on imported solar panels and washing machines in his first major trade action. The push-back also came as a group of 11 countries, including Japan and Canada, agreed to move forward on ...

Dubai / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, Vice Chairman of the Board of Trustees and Managing Director of the Dubai Future Foundation (DFF) and Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF) signed a Memorandum of Understanding (MoU) to establish a Fourth Industrial Revolution Centre in the ...

Dubai / WAM The Federal Tax Authority (FTA) reported a high level of responsiveness and cooperation from the shipping, customs clearance, logistics sectors with regulations surrounding the implementation of the Value Added Tax (VAT), which came into effect on January 1, 2018. The FTA made the announcement during an introductory workshop that tackled the anticipated effects of VAT on internal ...