ABU DHABI/WAM The Federal Tax Authority (FTA) has confirmed that its digital VAT refund systems, including the VAT-refund system for UAE nationals for the construction of new residences and the VAT-refund system for tourists, achieved outstanding results in 2024 due to a continuous development of digitalisation plans, implemented by the FTA over the calendar year. The FTA also announced on …

KHAN YUNIS/WAM As part of the ongoing efforts of the United Arab Emirates within Operation Chivalrous Knight 3, a project to urgently repair sewage networks in various areas within the Khan Yunis Municipality, Gaza, was announced on Saturday. The project addresses the urgent needs of Gazans, who are facing a humanitarian disaster and a complete collapse of infrastructure. State Officials …

DUBAI/WAM Dubai’s real estate sector recorded a total of 2.78 million procedures in 2024, the highest in its history. The record number of procedures, which include both real estate transactions and rental agreements, represent a 17 percent increase compared to 2023. Real estate transactions alone totalled 226,000, with a combined value of AED761 billion, a remarkable 36 percent growth in …