Abu Dhabi / WAM The UAE Central Bank has signed a Memorandum of Understanding (MoU), with the Federal Tax Authority (FTA), to facilitate tax collection through the UAE Funds Transfer System (UAEFTS), that offers a timely processing of fund transfers between bank accounts. Mohammed Ali bin Zayed Al Falasi, Deputy Governor of the UAE Central Bank, and Khalid Ali Al ...

Dubai / WAM Dubai Airport Freezone Authority (DAFZA), announced the launch of Goodforce Labs, an innovative start-up incubator focused on transforming ethical startups in the fields of Islamic economy and Halal industries into global success stories. The incubator will work to revitalise the Islamic ethical economy utilising a deep venture building platform. This will be achieved by selecting a group ...

Dubai / WAM Emirates Central Cooling Systems Corporation (EMPOWER), announced expansion of its network of district cooling transmission pipelines, which has crossed 263 kilometres in 2017, an increase of 12% compared to 2016. The company attributed this to its ambitious strategy to enhance its operations in Dubai, given the steady growth of its business, with new projects added to its ...