Dubai / WAM Dubai Islamic Bank (DIB) on Wednesday announced its net profit reached AED 2.12 billion during the first half of the year, as it continues to demonstrate healthy profitability whilst ensuring prudence in growing the balance sheet. According to financial results for the period ending June 30, the bank’s total income reached AED 6.82 billion whilst net operating ...

Abu Dhabi / Emirates Business The Federal Tax Authority (FTA) has held an online virtual workshop for accredited tax agents, which addressed the timeframe for input tax recovery and redemption procedures. During the workshop, which was held with the participation of 213 accredited tax agents and a number of authority officials, participants’ inquiries were answered, clarifying the criteria and procedures ...

ABU DHABI / WAM The United Arab Emirates on Wednesday sent an aid plane carrying 8 metric tons of medical supplies and Covid-19 testing kits to Namibia. This aid will assist approximately 8,000 medical professionals as they work to contain the virus. “The UAE continues to support development in African countries and meet their needs in furtherance of the UAE’s ...