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Japan’s regulator proposes tax breaks for investors, crypto

  Bloomberg Japan’s financial regulator proposed easing corporate tax rules for crypto assets as well as lighter levies for individual stock investors in support of Prime Minister Fumio Kishida’s efforts to reinvigorate the economy. Companies should be exempted from paying taxes for paper gains on crypto coins that they hold after issuing them, the regulator proposed in its annual tax-code ...

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AWS launches second ‘Region’ in UAE at AED18.37bn investment

  Abu Dhabi / WAM Amazon Web Services (AWS), an Amazon.com company, on Tuesday announced the launch of its second Region in the Middle East, the AWS Middle East (UAE) region. AWS estimates that its projected spending on the construction and operation of the new Region will support an average of nearly 6,000 full-time jobs annually at external vendors, with ...

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UAE relief distributed to drought victims in Somalia

  MOGADISHU / WAM Following the arrival of a UAE aid ship at the port of Mogadishu, Emirati charity organisations, in collaboration with the Somali Disaster Management Agency and other authorities responsible for distributing relief aid, have begun distributing aid to residents in areas affected by drought in parts of Mahas and Mataban in Hiran Governorate, Hirshabelle State. Mohammed Ahmed ...

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