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Sharjah / WAM The Federal Tax Authority (FTA) and Sharjah Economic Development Department (SEDD) organised the second virtual tax workshop for investors in the industrial sector. This workshop dealt with the country’s legislation and tax procedures, with the aim of overcoming obstacles that investors may face to provide support to companies and factories operating in the emirate. Also, it highlighted ...

Dubai / WAM The Dubai Electricity and Water Authority (Dewa) has won the 2020 Hamdan Bin Mohammed Programme for the Government Services Flag for its Smart Living initiative, which helps customers monitor their water and electricity consumption digitally and proactively, without needing to contact DEWA. This is a new milestone, reinforcing its track record of accomplishments and awards. Since its ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 237,130 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As ...

Bloomberg Russia warned that growing violence in Ukraine could set off a broader military conflict, brushing off German Chancellor Angela Merkel’s call to pull back troops massed near the border. “The escalation of tensions in the southeast of Ukraine justifies the measures Russia is taking,” Kremlin spokesman Dmitry Peskov said on a conference call, referring to the military buildup. “The ...

Bloomberg President Joe Biden proposed major boosts in funding to combat inequality, disease and climate change as part of a $1.52 trillion budget request for 2022, part of his wider push to redefine the role of government in American lives. The administration’s outline, released by the White House, kicks off a months-long process in which Congress is likely to significantly ...

Bloomberg Canada’s jobs market blew past expectations for a second straight month, one more sign the nation’s economy is on the cusp of fully recovering from the pandemic. The economy added 303,100 jobs in March, Statistics Canada reported in Ottawa. That’s triple what economists were anticipating, and follows a gain of 259,200 in February. The two-month jump was led by ...

Bloomberg Italy eased lockdown restrictions, lifting some curbs that have been weighing on the economy in the region surrounding Milan and across the country as the latest virus resurgence slows. Health Minister Roberto Speranza signs a decree to shift six regions classified as high-risk “red” areas to medium-risk “orange” status, his office said in a statement. The development means that ...

Bloomberg Norway’s government, which oversees the world’s biggest sovereign-wealth fund, expects climate and social issues to dominate investment decisions in the coming decades. “There is a growing expectation, not only in Norway, but internationally that there will be a high level of ethical awareness,” Finance Minister Jan Tore Sanner said in an interview. “We must have the highest possible return ...

Bloomberg Russia announced the start of mass military drills, ratcheting up tensions with neighbouring Ukraine amid Western concerns about the risk of renewed fighting. More than 4,000 training exercises will be held in military districts across Russia in April, Defense Minister Sergei Shoigu said, in comments posted on the ministry’s website. Ukrainian President Volodymyr Zelenskiy reiterated his country’s desire to ...

Bloomberg Euro-zone companies have returned to broad-based growth for only the second time since the pandemic started, with factories booming and confidence high that vaccinations will soon end the coronavirus crisis. Germany, Italy, Spain and Ireland all saw business activity rise last month and France halted its contraction, according to IHS Markit’s latest survey of purchasing managers. Those nations, the ...