ABU DHABI / WAM The Ministry of Finance (MoF) has issued three new Ministerial Decisions for the purposes of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses. These include Ministerial Decision No 132 of 2023 on Transfers within a Qualifying Group, Ministerial Decision No 133 of 2023 on Business Restructuring Relief, and Ministerial Decision No …

ABU DHABI / WAM AD Ports Group has announced the signing of a memorandum of understanding with Abu Dhabi Residents Office (Adro), Abu Dhabi Department of Economic Development’s arm to support the emirate’s thriving international community, to promote the benefits and initiatives which aim to attract and retain top talent in Abu Dhabi. The partnership will develop a joint strategy …

ABU DHABI / WAM Abdullah bin Sultan bin Awad Al Nuaimi, Minister of Justice, received Stefan Blättler, Attorney-General of Switzerland, Massimo Badji, Swiss ambassador to the UAE, and the accompanying delegation. The meeting, which took place at the Minister of Justice’s office in Abu Dhabi, touched upon means to support judicial cooperation between the two friendly countries, especially in the …

ABU DHABI / WAM Khalifa Shaheen Al Marar, Minister of State and Envoy of the Minister of Foreign Affairs, conducted an official visit to the Iranian capital Tehran, during which he met with Hossein Amir-Abdollahian, Minister of Foreign Affairs of the Islamic Republic of Iran; Ali Bagheri Kani, Deputy Foreign Minister for Political Affairs; and Dr Mahdi Safari, Deputy Foreign …

ABU DHABI / WAM Burjeel Holdings has announced that its flagship Burjeel Medical City was selected for membership in the Worldwide Innovative Networking in Personalised Cancer Medicine (WIN) Consortium. This achievement marks another significant milestone for the healthcare provider as it continues to expand its network and expertise in the field of oncology and further strengthen its position as a …

ABU DHABI / WAM In a strong show of support for local companies in the manufacturing sector, Emirates Development Bank (“EDB” or “the Bank”), the financial engine for UAE economic development and industrial advancement, today unveiled a comprehensive set of approvals for financing deals totaling AED424 million. The announcement was made at the ‘Make it in the Emirates’ Forum, held …

DUBAI / WAM His Highness Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has inaugurated the Civil Defence Reading Room at the General Directorate of Civil Defence in Dubai. This pioneering facility, leveraging artificial intelligence (AI) concepts and programmes, stands as the first of its kind in the region. The event was …

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) alongside Engie, a global leader in low-carbon energy solutions, and Ewec (Emirates Water and Electricity Company), announced the successful financial closing of the AED2.3 billion ($620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project. The project is primarily funded (78%) through debt financing from both local and …

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, received on Wednesday at the Ruler’s Court, Babacar Matar Ndiaye, ambassador of Senegal to the UAE, to discuss bilateral cooperation. The meeting touched upon ways of strengthening UAE-Senegal ties in various areas for the benefit of the two friendly peoples. The ambassador commended the UAE’s general development …

ABU DHABI / GULF TIME Q Holding Group signed two important agreements with Trojan General Contracting, one of the leading local contracting and development companies, to design and build 1,742 villas for Emiratis in Al Samha and West Baniyas region of Abu Dhabi for Q Holding. The agreements follow the partnership between Q Holding and Abu Dhabi Housing Authority to …