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FTA urges registrants to benefit from penalty redetermination

Abu Dhabi / WAM The Federal Tax Authority (FTA) has called on tax registrants in the UAE to benefit from the penalty redetermination scheme introduced by Cabinet Decision No 49 of 2021 on Amending Some Provisions of Cabinet Decision No 40 of 2017 on the Administrative Penalties for Violation of Tax Laws in the UAE, which will be effective from ...

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UAE, Comoros to boost bilateral cooperation

MORONI / WAM The UAE Ambassador to the United Republic of Comoros, Saeed Mohamed Al Meqbali, has met with the Speaker of the Assembly of the Union of Comoros, Abdou Moustadroine, in the capital, Moroni. During the meeting, they discussed ways to enhance cooperation between the two countries across various sectors, ways to develop bilateral ties, in addition to several ...

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Oil rises for fifth week as focus turns to upcoming Opec+ meet

Bloomberg Oil posted its fifth straight weekly gain, the longest winning streak since December, as demand recovers and supplies continue tighten in the US and China. Futures in New York rise 3.4% this week to the highest level since October 2018. Demand continues to rebound while the market expects output will only get a modest increase from the Opec+ alliance, ...

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