RAS AL-KHAIMAH / WAM The UAE’s electronic tax system is the most comprehensive in the region, said the Federal Tax Authority (FTA) at an introductory workshop it organised at the Department of Economic Development of Ras al-Khaimah. The system facilitates the processing of taxes transparently and efficiently, boosting confidence in the tax regulations and ensuring widespread tax compliance, the FTA ...

VIENTIANE / WAM Khaled Ibrahim Abdul Aziz Shuhail, UAE Non-Resident Ambassador to Laos, has met with Khemmani Pholsena, the Laotian Minister of Industry and Commerce, within the framework of joint cooperation and continuous coordination aimed at developing bilateral relations between the two countries. During the meeting, they discussed the development of bilateral relations and ways of boosting trade and investment ...

DUBAI / WAM Nakheel announced a net profit of AED5.67 billion for 2017, up 14 percent on 2016. Nakheel generated a net profit of AED1.67 billion in Q4 2017, an increase of 58 percent on the same period in 2016. The 2017 results highlight the stability and maturity of Dubai’s real estate sector and reflect the robust business and economic ...