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UAE ministry honours 35 UAE companies

  Dubai / WAM The Ministry of Economy honoured 35 UAE companies, graduates of the ScaleUp Export training programme, which was launched by the Ministry in cooperation with global shipping and logistics company UPS under The Entrepreneurial Nation initiative in June. The programme is designed to help enhance the export capacity of UAE’s startups and SMEs by enhancing the flow ...

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Emirates flags a month-long busy travel period this winter

  Dubai / Gulf Time As the region busies itself with winter visitors, iconic sporting events, UAE National Day and the upcoming festive season, Emirates is highlighting a busy travel period for both inbound and outbound travel through Dubai for the next month, and recommending passengers arrive to the airport three hours in advance of their flight, as well as ...

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UK expands windfall tax on energy firms to fund bills cap

  Bloomberg The UK announced a windfall tax on “excess” profits of some electricity generators to help pay for the continuation of a freeze on household energy bills. Renewable, nuclear and biomass generators will see a 45% tax, while an existing levy on oil and gas firms will rise to 35% from 25% as the government seeks to claw back ...

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