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Abu Dhabi / WAM The Federal Tax Authority (FTA) has developed its e-Services to include new features allowing Taxable Persons to link their accounts with an accredited Tax Agency, authorising it to carry out registration procedures, submit tax returns, and complete tax transactions on behalf of the Taxable Person, who is kept posted with real-time updates. In a press statement ...

Abu Dhabi / WAM More than 1.2 million people came from different parts of the world to the Sheikh Zayed Grand Mosque in the capital during the holy month of Ramadan. Dozens of large portable air conditioning systems and large red and gold carpets were placed into the mosque’s central courtyard as the organisers spared no effort to welcome the ...

DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, is organising one of the largest economic delegations from Dubai in recent years for an official mission to Australia as part of its continuing efforts to strengthen existing economic cooperation and attract investments into the emirate. The mission, which will take place from June 25 to June 29, ...

Sharjah / Emirates Business Sharjah’s plans to usher in an economic model built on equitable development will be explored at a panel discussion organised by the global publishing, research and consultancy firm Oxford Business Group (OBG) and set to place on June 24, at the Sheraton Sharjah Beach Resort & Spa. Titled, “Creating the Environment for Sustainable Economic Growth”, the ...

Bloomberg Germany’s Christian Social Union party will give Chancellor Angela Merkel a two-week deadline to meet its demands for overhauling asylum policy, the Bild Zeitung reported, in what would mark an unprecedented challenge to her authority that risks plunging the nation into chaos. The executive of the Bavarian party — an ally in Merkel’s government — will pass a resolution ...

Bloomberg China’s response to US tariffs aims to hit the Trump administration right in its natural resources. The world’s largest commodities consumer said it will levy a first round of tariffs on $34 billion worth of US agriculture products, as well as automobiles, starting from July 6. Another $16 billion in goods, including coal and oil, will be subject to ...

Bloomberg Samsung Electronics Co. was told to pay $400 million after a federal jury in Texas said it infringed a patent owned by the licensing arm of a South Korean university. Samsung pledged to appeal. Qualcomm Inc. and GlobalFoundries Inc. also were found to have infringed the patent but weren’t told to pay any damages to the licensing arm of ...

Bloomberg Apple Inc must persuade a US trade judge that iPhones containing Intel Corp chips should be allowed into the country, even if they infringe a Qualcomm Inc patent. That’s the challenge facing the world’s largest publicly-traded company, laid out in a US International Trade Commission hearing in Washington, part of a long-running legal battle between Apple and Qualcomm. Staff ...

Bloomberg US factory production fell in May by the most since January 2014, weighed down by fewer truck assemblies and still consistent with a steady outlook for manufacturing, Federal Reserve data showed. Factory output fell 0.7% (est. unchanged) after rising an upwardly revised 0.6%. Total industrial production, which also includes mines and utilities, decreased 0.1% (est. 0.2% rise) after an ...

Bloomberg A slew of companies have sprung up to make the smarts, sensors and other integral systems for self-driving cars. Here comes one to tell these cars where to go. Startup RideOS said that it has raised $9 million led by venture firm Sequoia Capital and reached a partnership with a division of Ford Motor Co. Started by two former ...