Dubai / WAM Dubai South Properties announced that investments in its first leasehold staff accommodation development, Sakany, have reached AED500 million, helping to position the project as a regional benchmark for safe and secure housing for blue collar workers. The welfare of residents is central to the Sakany project, reflected in its first-rate leisure facilities and well-equipped medical rooms. There ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has confirmed that higher education institutions making only zero-rated and/or standard-rated supplies may recover input tax in full, except where recovery is specifically blocked. Blocked input tax includes value-added tax (VAT) incurred on certain entertainment services, and motor vehicles that have been purchased, leased, or rented and made available for personal ...

Abu Dhabi / WAM Etihad Airways announced that it has partnered with Singapore food technology startup Lumitics to trial the use of computer vision and machine learning in order to reduce food wastage on Etihad flights. The partnership will see Etihad and Lumitics track unconsumed Economy class meals from Etihad’s flights, with the collated data used to highlight food consumption ...