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UAE, Tanzania ink deal to remove double taxation

  Dubai / WAM The Ministry of Finance (MoF) signed an agreement for the Avoidance of Double Taxation and Prevention of Tax Evasion with respect to taxes on income with Tanzania, as part of its endeavours to strengthen cooperation frameworks in tax matters, protect taxpayers from double taxation, and avoid impeding the flow of trade and investment. Mohamed bin Hadi ...

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Covid-19: SPEA eases curbs in all institutions

  Sharjah / WAM Based on National Emergency Crisis and Disasters Management Authority’s (NCEMA) statement on easing Covid-19 restrictions, Sharjah Private Education Authority (SPEA) announced reducing Covid -19 restrictions in all its educational institutions. The announcement includes that wearing masks is optional in closed and opened areas, updating the Green Pass in Al Hosn app, and other decisions that have ...

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Dubai ranked fifth globally in UN e-government survey 2022

  Dubai / WAM Dubai has achieved outstanding results in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its bi-annual E-Government Survey, with the city being included in the list of the world’s best-performing digital governments that received a ‘Very High’ rating. Dubai was ranked fifth globally and first in the Arab world ...

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Ministry of Energy and Infrastructure launches ‘UAE Maritime Network’

  Dubai / WAM The Ministry of Energy and Infrastructure (MoEI) announced the launch of the “UAE Maritime Network” initiative, which aims to support international maritime organisations and promote the UAE as a global maritime hub and an ideal environment for maritime investments. The initiative supports the ministry’s efforts to enhance the position of the UAE’s maritime sector globally. The ...

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Wizz Air Abu Dhabi launches its new services to Ankara

  ABU DHABI / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, has launched its latest routes to Turkey’s capital and the second most populous city in the country, Ankara. This step reaffirms the airline’s commitment to provide travellers with the opportunity to explore numerous experiences across many destinations within its network. The new routes ...

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The UK’s cryptic £40 billion bailout for energy traders

The £40 billion ($43 billion) plan announced in the first days of Liz Truss’s government to bolster energy traders remains a black box. Who benefits, at what cost and under what conditions is a mystery the Treasury and the Bank of England have yet to explain — with three weeks to go until the fund is formally launched. The Energy ...

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Look! who succeeds Jope as Unilever CEO

In 2016, Alan Jope did an energetic workout with the host of the “Spartan UP!” motivational podcast series, at one point even doing burpees. But the longtime Unilever Plc executive turned out to be less of a corporate action man. The maker of Marmite and Magnum ice cream said that Jope would retire at the end of next year. The ...

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The detroit of Asia now wants a shot at EVs

  In 1961, a boxy sedan called the Ford Cortina kicked off Thailand’s auto industry with local workers assembling the cars using parts shipped from Britain. A few years later, Toyota Motor Corp. and Nissan Motor Co. set up factories, launching a decades-long expansion that made the country Asia’s third-largest — and the world’s No. 10 — auto manufacturer. That ...

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