Dubai / WAM In order to direct efforts towards reducing the negative effects of harmful consumption patterns, the Ministry of Finance announced the details of the amendment of Cabinet Resolution No. (38) of 2017 regarding excise goods, excise tax rates and the formula to calculate the excise price. In addition to the goods currently subject to excise tax (i.e. tobacco ...

ABU DHABI / WAM Minister of State for the Federal National Council Affairs and Chairman of the National Election Commission, Abdulrahman bin Mohammed Al Owais, asserted that the UAE, under the guidance of its wise leadership is moving towards a new electoral process to instil a culture of participation. This process is a new addition to the past successes achieved ...

ABU DHABI / WAM The UAE will be the first country in the Middle East to witness the launch of RuPay card, “an Indian indigenous equivalent of Mastercard or Visa,” during the visit of Indian Prime Minister Narendra Modi this weekend, a top Indian diplomat told the Emirates News Agency (WAM). “A memorandum of understanding (MoU) to establish a technology ...