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DUBAI / WAM The Federal Tax Authority (FTA), in partnership with Planet Tax Free,on Wednesday launched a 100 percent digital VAT-refund scheme for tourists. The announcement was made at a joint press conference in presence of Khalid Ali Al Bustani, FTA Director-General, and Eyad Al Kourdi, General Manager of Planet Tax Free, the operator of the tax refund system ...
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September, 2022
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15 September
AD Ports buys majority stakes in Egypt’s maritime companies
ABU DHABI / WAM AD Ports Group completed the acquisition of a 70 percent equity stake in Transmar International Shipping Company (Transmar) and Transcargo International S.A.E. (TCI). The total purchase consideration (Enterprise Value) for 70% shareholding amounts to AED514 million (US$140 million). It is the first international acquisition realised by AD Ports Group. The value-accretive acquisitions of the two ...
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15 September
Abu Dhabi Awards launches ‘Young Ambassadors’ program
ABU DHABI / WAM The Abu Dhabi Awards has launched the ‘Abu Dhabi Awards Young Ambassadors’ programme, in collaboration with the Emirati Children’s Parliament and the Children Advisory Council of the Supreme Council of Motherhood and Childhood. Running its first edition, the programme aligns with the Abu Dhabi Awards’ core value of inclusion by engaging all members of the ...
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15 September
UAE, Greece keen to bolster trade, investments relations
THESSALONIKI / WAM Abdullah bin Touq Al Marri, Minister of Economy, held bilateral meetings with several Greek ministers and government officials at the UAE pavilion in the ongoing 86th Thessaloniki International Trade Fair (TIF). The meetings focused on promoting collaboration and bilateral relations between the two countries and highlighting the key economic sectors for investments in the UAE, including ...
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15 September
Adnoc Refining set to complete first phase of ‘waste heat’ project
Abu Dhabi / WAM Adnoc Refining, a joint venture company between the Abu Dhabi National Oil Company (Adnoc), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi. Adnoc produces some of the world’s least-carbon intensive crude and the company is further reducing its ...
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15 September
Ministry, Flat6labs launch initiative to promote SMEs
Abu Dhabi / WAM The Ministry of Economy, represented by The Entrepreneurial Nation, has launched a new initiative to attract Small and Medium Enterprises (SMEs) to the UAE and help promote their growth and local and global expansion. The initiative has been launched in collaboration with Flat6labs, a leading seed and early stage venture capital firm based in Abu ...
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15 September
Dubai records AED1.4b in realty deals in one day
DUBAI / WAM Dubai real estate market recorded 386 sales transactions worth AED1.2 billion, in addition to 84 mortgage deals of AED151.32 million, and 62 gift deals amounting to AED48.92 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED1.01 billion, and 45 land plots worth AED195.91 million, while ...
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15 September
Adnoc Refining set to complete phase1 of ‘waste-heat’ project
ABU DHABI / WAM Adnoc Refining, a joint venture company between the Abu Dhabi National Oil Company (Adnoc), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi. Adnoc produces some of the world’s least-carbon intensive crude and the company is further reducing ...
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15 September
Ministry, Flat6labs launch initiative to promote SMEs
ABU DHABI / WAM The Ministry of Economy, represented by The Entrepreneurial Nation, has launched a new initiative to attract Small and Medium Enterprises (SMEs) to the UAE and help promote their growth and local and global expansion. The initiative has been launched in collaboration with Flat6labs, a leading seed and early stage venture capital firm based in Abu ...
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15 September
Abu Dhabi Business Events Week to kick off on Sept 26
ABU DHABI / WAM The Abu Dhabi Business Events Week (ADBEW) is returning on 26th and 27th September at Manarat Al Saadiyat, once again bringing together leading experts in the meetings, incentives, conventions, and exhibitions (MICE) industry from around the Mena region. Launched by the Abu Dhabi Convention & Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism ...
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