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UAE to establish Fourth Industrial Revolution hub

Engineer works industry diagram on virtual computer

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 ...

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‘Business sector highly cooperative on VAT’

Business sector highly cooperative on vat fta copy

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 ...

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Dubai’s PCFC, IBM to launch cloud disaster recovery service

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Dubai / WAM Dubai’s Port, Customs and Free Zone Corporation (PCFC) and its technical arm (DUTECH), along with IBM signed an agreement to launch a cloud-based disaster recovery service in Dubai. The new service will provide organisations in Dubai with cloud-based business continuity capabilities and faster disaster recovery of critical IT systems and the ability to store its data in-country. ...

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