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DFZ Council to partner with MoF on prevention of double taxation

  Dubai / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Free Zone (DFZ) Council, chaired the third council meeting held at the Emirates Office Tower. The session highlighted UAE’s responsibility in seeing through to completion the international agreements signed on the prevention of double taxation. The Council also explored suitable solutions for increasing the ...

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New ADNEC board to focus on core business activities

  Abu Dhabi / Emirates Business The Abu Dhabi National Exhibitions Company (ADNEC) announced that the newly appointed Board of Directors will focus on supporting the company’s core business activities and future programmes, enhancing the venue’s competitiveness and ability to attract more leading regional and international events to Abu Dhabi. The announcement was made following a resolution issued by His ...

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Ministry of Climate Change and Environment signs MoU with DLD

  DUBAI / Emirates Business The Ministry of Climate Change and Environment signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) on the development of customer services. The signing took place while His Excellency Dr Thani Ahmed Alzeyoudi, Minister of Climate Change and Environment visited the DLD headquarters, and met His Excellency Sultan Butti Bin Mejren, Director ...

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Suqia board of trustees hold seventh meeting

  Dubai / Emirates Business The UAE Water Aid Foundation (Suqia)’s board of trustees held its 7th meeting at Dubai Electricity and Water Authority (DEWA)’s headquarters. Suqia is one of the Mohammed bin Rashid Al Maktoum Global Initiatives. The meeting was chaired by HE Saeed Mohammed Al Tayer, Chairman of the board of trustees of Suqia, and attended by HE ...

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Carrefour to open hypermarket at Abu Dhabi’s Reem Mall

  Abu Dhabi / Emirates Business Reem Mall, Abu Dhabi’s new up and coming entertainment, dining and shopping destination, has announced Carrefour as the Hypermarket operator in the US$ 1 billion project located on Abu Dhabi’s master planned development Reem Island. Carrefour, operated by Majid Al Futtaim Retail, the retail arm of Majid Al Futtaim, the leading shopping mall, retail ...

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To be fixed, Europe needs a wrecking ball

  WASHINGTON Imagine a young Margaret Thatcher, a politician who deeply mistrusts the political establishment and identifies on a gut level with the frustrations of the middle class. That’s shorthand for what Britain will need as it picks up the pieces after Thursday’s “Brexit” referendum. Friends of Britain (and Europe, too) need to stop pretending that support for withdrawal from ...

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All eyes are on razor-tight UK race

  Politicians in the UK made their final pitch for votes on the last day of campaigning before the EU referendum that will shape the future course of Europe. In both ways, the results will be followed by marathon talks on disengagement with the UK in case of Brexit or to implement concessions made by Brussels to keep London in ...

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Clinton’s shameful demagogy on Senate gun bills

“Enough,” says Hillary Clinton. After the Senate defeated several gun-control proposals, she tweeted that word along with the names of the victims of the Orlando massacre. Political activists use tragedy and loss all the time to draw attention to good causes, or causes they think are good. There’s nothing wrong with that. What makes Clinton’s invocation of these names grotesque ...

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India, Thailand boost ties with Prayut’s visit

  Aditya Sharma SPECIAL TO EMIRATES BUSINESS For the first time after a military coup deposed the civilian government of Yingluck Shinawatra, Thailand’s new head of state and military ruler Prayut Chan-o-cha visited India last Thursday. New Delhi has been looking forward to the Thai delegation, which will further boost ties with the Southeast Asian nation. According to local media ...

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Federal Reserve in retreat as reasons for rate hikes fade

  Bloomberg Three weeks ago, Federal Reserve officials sounded like they needed a reason not to hike interest rates soon. Now, they’re in search of a reason to consider any change in policy. “Unless something unexpectedly positive happens, they’re likely on hold for the next couple of meetings,” said Carl Tannenbaum, chief economist at Northern Trust Corp in Chicago. Fed ...

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