January, 2018

• 29 January

  VP issues law on Knowledge and Innovation Dirham fees

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, issued Law No. 01 of 2018 on the Knowledge Dirham Fee, and Law No. 02 of 2018 about the Innovation Dirham Fee. As per Law No. 01 of 2018, the Knowledge Dirham Fee will be levied on all transactions ...

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• 29 January

  DEWA, Azizi Group keen to support joint work

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) and Dubai-based Azizi Group, reviewed ways to support joint work and the group’s future projects and expansion plans in Dubai. Saeed Mohammed Al Tayer, DEWA MD & CEO, received Mirwais Azizi, Chairman of the Board of Directors of Azizi Group, as part of DEWA’s commitment to follow up with developers, ...

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• 29 January

  MoE to organise high-level delegation to Malaysia, Singapore from Feb 5-8

  Abu Dhabi / WAM The UAE Ministry of Economy (MoE), announced that it is organising a high-level delegation from the UAE to visit Malaysia and Singapore to be led by Sultan Al Mansoori, Minister of Economy from February 5-8. The visit’s agenda includes the participation in the UAE-Malaysian Business Forum in Kuala Lumpur, which will be held on February 5-6 ...

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• 29 January

  Arab Health 2018 opens in Dubai

  Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, and President of the Dubai Health Authority (DHA), opened on Monday, the Arab Health, the largest gathering of healthcare and trade professionals in the MENA, at the Dubai International Convention and Exhibition Centre. The 2018 edition of the event is expected ...

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• 29 January

  UAE scores top regionally in ‘Ocean Health Index’

  Dubai / WAM The UAE outperformed all other Gulf and Arab countries and was ranked 28th in the world in the Ocean Health Index (OHI), a tailorable marine assessment framework to comprehensively and quantitatively evaluate ocean health. The UAE scored 77 points out of 100, although the global average of the Ocean Health Index requires only 70 points. The Ocean ...

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• 29 January

  Sharaf DG, Tally to make easily available VAT-ready software

  

  Dubai / Emirates Business Tally Solutions, a leading international accounting and compliance software provider partnered with electronics retail giant Sharaf DG, in the UAE to make its Value Added Tax (VAT) software – Tally.ERP 9 easily available to the business community. As part of the agreement, Sharaf DG will have Tally.ERP 9 Silver and Gold (single and multi-user editions) available ...

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• 29 January

  US stocks fall as Treasury yields climb to 2014 highs

  

  Bloomberg All major US stock indexes declined and Treasuries extended a selloff that’s taken yields to the highest since early 2014 as traders gear up for a hectic week of data and policy announcements. The dollar strengthened against its biggest rivals. The euro retreated as German bonds dropped for a fourth day, while the Stoxx Europe 600 Index inched lower ...

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• 29 January

  Japanese crypto stocks unfazed in wake of $500 million heist

  Bloomberg Cryptocurrency-related stocks rallied in Japan on Monday, even as news of a $500 million heist at an exchange run by Coincheck Inc. spawned security concerns about digital money. Remixpoint Co. rose as much as 6.1 percent after the BITPoint exchange operator said it will list more coins in a bid to win over customers. GMO Internet Inc. advanced as ...

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• 29 January

  Hunting cheap stocks harder

  Bloomberg The dot-com bubble was a lot more picky. Even on the day the S&P 500 Index hit its March 2000 peak an investor could buy a third of the index for less than 11 times earnings. Today that figure is just 6 percent. While the average valuation for the gauge of US equities is the same between the two ...

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• 29 January

  Mohamed, Tahnoun receive mourners

  

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Highness Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in the Al Ain Region, on Monday received hundreds of mourners at Al Mushrif Palace in Abu Dhabi, who came to pay ...

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