ABU DHABI / WAM Reinforcing its pivotal role in driving the continuous growth and development of the country’s banking sector, the UAE Banks Federation, a professional representative body comprising 48 member banks operating in the UAE, has launched a new brand identity. Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation, said, “In parallel with the UAE’s growth and transformation ...

ABU DHABI / WAM The supply of commercial real estate, selling or leasing, will be subject to the Value-Added Tax (VAT) at 5%, while residential units will remain generally exempt, except for the first supply of a new residential building within the first three years of it being constructed, which will be 0% rated, according to a statement by the ...

Colombo / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed ways of advancing bilateral relations with Sri Lanka at a meeting here on Saturday with the Sri Lankan Prime Minister Ranil Wickremesingh. The two sides reviewed issues of common interest and the latest regional and international developments of mutual concern. ...