Bloomberg The International Monetary Fund (IMF) board gave its unanimous support to a proposal to create a record $650 billion of new reserves for its members, bringing the plan to increase resources for nations struggling with the pandemic one step closer to final approval. All members attending the meeting of the executive board — composed of 24 individuals from IMF ...

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 ...

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 ...