ABU DHABI / WAM The Federal Tax Authority (FTA) has issued a guide outlining the application of corporate tax to free zone persons in line with the Free Zone Corporate Tax regime, which enables qualifying free zone persons to benefit from a 0% corporate tax rate on qualifying income. The guide provides general guidance on the application of the Corporate ...

DUBAI / WAM DP World and Saudi Ports Authority (Mawani) have commenced construction of a new SAR900 million ($250 million) logistics park at Jeddah Islamic Port, set to provide state-of-the-art storage and distribution facilities, as well as boost trade in the Kingdom of Saudi Arabia and the wider region. The 415,000 sq m greenfield facility will feature 185,000 sq m ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Salome Zourabichvili of Georgia on her country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice ...

AL DHAFRA/ WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, today awarded the Hasheem 199 boat first place alongside other winners of the 7th Historic Dalma 60ft dhow race. Organised by Abu Dhabi Heritage Authority and Abu Dhabi Sailing Club, the race promotes maritime heritage and UAE National identity and traditions and is the ...

ABU DHABI/WAM AD Ports Group, a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation. The Maritime Sustainability Research Centre, launched at an event attended by leading government and maritime industry representatives, will be operated ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today welcomed His Excellency Nechirvan Barzani, President of the Kurdistan Region of Iraq. During the meeting, held at Qasr Al Shati in Abu Dhabi, His Highness discussed with His Excellency Nechirvan Barzani various aspects of the relationship between the UAE and the Republic of Iraq, with a particular focus ...

ABU DHABI / AD MEDIA OFFICE Under the patronage of Lt. General His Highness Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, the 10th Education Interface Exhibition will take place from 27-28 May 2024 at ADNEC Centre Abu Dhabi, celebrating its bronze jubilee under the slogan Ten years in Service to Education. The event ...

ABU DHABI/WAM Abu Dhabi Securities Exchange (ADX) witnessed the execution of 196 significant transactions on ADNOC Drilling shares. According to ADX data, the transactions involved a total of 880 million shares, exceeding a value of AED3.4 million at an execution price of AED3.9. Abu Dhabi National Oil Company (ADNOC) announced yesterday that it has successfully completed a placement to institutional ...

ABU DHABI/WAM The third edition of the Make It in the Emirates Forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and ADNOC Group, will kick off on Monday at the Abu Dhabi Energy Centre. Held from 27th to 28th May under the theme “Invest. Innovate. Grow.”, ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, offered condolences on the passing of Hamad bin Suhail Al Khaili at Al Mushrif Palace in Abu Dhabi. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and several Sheikhs, officials and citizens, also offered their ...