Dubai / WAM Latin American nation Chile has announced it will join the UAE’s own celebration of ingenuity, Expo 2020 Dubai. The country has officially confirmed its participation in the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region. Through its overall theme, ‘Connecting Minds, Creating the Future’, Expo 2020 Dubai will offer ...

NINGXIA / WAM The China-Arab States Expo kicked off on Wednesday in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, demonstrating the growing economic relations between the world’s 2nd largest economy and the Arab world. Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, who is leading the UAE high-level delegation, has underscored ...

Abu Dhabi / WAM The board of the Federal Tax Authority (FTA), approved planned future changes to the UAE tax system, including new procedures to adopt a selective tax system next month and value added tax (VAT), at the start of next year. The board approved these changes during its second meeting, which was chaired by HH Sheikh Hamdan bin ...

Abu Dhabi / WAM Abu Dhabi Department of Economic Development has toughened penalties against entities using bogus economic licenses to AED50,000, in addition to blacklisting violators. “Using fake licenses is a significant threat to economic activities and anti-counterfeiting measures have to be harshened to put an end to such practices,” said Khalifa Bin Salim Al Mansouri, Acting Undersecretary of DED, ...

Dubai / Emirates Business Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay. Over the coming days, the city will see more homes float into Marasi as Dubai ...

Abu Dhabi / WAM The National Media Council (NMC) organised a celebration of ‘UAE National Day’ at the national pavilion at EXPO 2017 Astana, which will conclude on 10th September, as a symbolic national day allocated to each participating country, to present their heritage, culture and traditions. The celebration was attended by Timur Tokayev, Deputy Minister for Investment and Development ...

Dubai / WAM Dubai Real Estate Institute (DREI) the educational arm of the Dubai Land Department (DLD), has announced that it is organising an ‘Urban Thinkers Forum’ in strategic partnership with the United Nations, UN, the World Economic Forum, WEF, and the International Monetary Fund, IMF. The three-day forum, which will focus on exploring technological solutions for future cities, will ...

Bloomberg The House is set to pass $7.4 billion for a federal disaster-relief fund two days before it’s set to run out as Hurricane Irma bears down on Florida and bills mount for a storm that flooded tens of thousands of houses in Texas. Senate Republican leaders want to use the Federal Emergency Management Agency funding measure to suspend the ...

Bloomberg Theresa May called on employers to train more British workers to fill vacancies after Brexit, after a leaked document suggested the UK is preparing to limit and discourage immigration from the EU. The prime minister said low-skilled immigration has hit the wages of British people and promised to control the numbers coming in after the country leaves the EU ...

Bloomberg Intel Corp. won a round in its eight-year fight with the European Union (EU) over a $1.26 billion fine in a case that could have ramifications for a list of disputes involving US tech giants including Google and Qualcomm Inc. The EU’s top court ruled that Intel’s appeal had to be reexamined by a lower tribunal, criticising judges for ...