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Luxembourg appeals verdicts in LuxLeaks scam

  Luxembourg / AFP Luxembourg has lodged an appeal against the sentences handed down to three LuxLeaks whistleblowers who exposed the small duchy’s huge tax breaks for giant multinationals, the justice department said Tuesday. “The state prosecutor lodged a general appeal at the end of last week,” spokesman Henri Eippers said. Former PricewaterhouseCoopers employees Antoine Deltour and Raphael Halet were ...

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UAE top investment destination for GCC

  Abu Dhabi / WAM The UAE has maintained its position as a top investment destination for citizens of the Gulf Cooperation Council (GCC) with 1,899 new licenses granted to GCC citizens to practice economic activities during 2015, leading to a total of 19,803 licenses by the end of 2015. Commercial licenses made the top of the economic activities’ list, with a ...

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Passenger traffic at AUH up 6.6%

  Abu Dhabi / Emirates Business Abu Dhabi Airports released figures for passenger traffic at Abu Dhabi International Airport (AUH), for the first half of 2016. Total traffic for January to June reached 11,848,359 passengers, representing a 6.6% increase from the 11,111,577 in the first six months of 2015. The number of people passing through Terminal 1 saw the largest ...

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