Dubai / Emirates Business Chinese tourists to Dubai can now benefit from instant VAT refund capabilities at Dubai Airports via the We Tax Refund on the WeChat Mini Program, launched by Chinese tech giant, Tencent, and international payments service provider, Planet. With the support of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), the new integrated service provides a ...

ABU DHABI / WAM The Securities and Commodities Authority (SCA), posted draft regulations concerning crypto assets on its website, in line with its efforts to regulate and develop capital markets operating in the UAE. In a statement, the Authority urged all relevant parties including investors, brokers, financial analysts, researchers, media personnel, and others to provide their feedback and input on ...

Abu Dhabi / WAM The Abu Dhabi Government and the Abu Dhabi National Oil Company (Adnoc), awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (Lukoil), a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, Adnoc, ...