DUBAI / WAM Dawoud Al Hajri, Director-General of Dubai Municipality and Chairman of the Committee for Developing Building Permits in the emirate of Dubai, expressed his pride in the UAE being ranked first in the Arab world and region, and third in the world, in easing the issuing of building permits, as per the World Bank’s Doing Business 2020 report. ...

SHARJAH / WAM Real estate transactions have recorded AED4.2 billion in the Emirate of Sharjah during the third quarter of 2019, while the total areas covered in the “sales transactions” in the emirate reached 9.5 million feet, as per the latest report of the Sharjah Real Estate Registration Department (SRERD). Abdulaziz Ahmed Al Shamsi, Director-General of SRERD, said that the ...

Bloomberg Tata Trusts, a philanthropic organisation associated with India’s salt-to-software Tata group, faces a tax liability of about 120 billion rupees ($1.7 billion) after authorities cancelled exemptions to six of its entities, the Business Standard newspaper reported. A trust whose registration is cancelled is required to pay tax on its past exempted income, the newspaper said, citing an official it ...