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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Wednesday launched the new vision for the Mohammed bin Rashid Centre for Leadership Development, during a graduation ceremony of a new batch of young executive and government leaders. The ceremony was attended by HH Sheikh Ahmed bin Mohammed ...

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 ...

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 ...

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 ...

Abu Dhabi / WAM Louvre Abu Dhabi on Wednesday announced it will open its doors to the public on November 11. It is the first museum of its kind in the Arab world: a universal museum that focuses on shared human stories across civilisations and cultures. The opening celebrations will include a wide range of public programmes, including symposia, performances, ...

Dubai / Emirates Business Azizi Developments, a fast growing Dubai-based real estate developer operating in the UAE for over a decade, has announced the completion and delivery of three new residential projects in Al Furjan in a span of just 20 months. The launch of the three projects — Azizi Daisy valued at AED175million, Azizi Freesia valued at AED128million and ...

Bloomberg This summer, Japanese real estate investment trusts benefited from an unexpected group of net buyers for the first time in nearly seven years: mom and pop investors. Encouraged by the relatively lucrative returns, an increasing number of retail investors are putting their money in some of 58 publicly-traded REITs tracked by the Tokyo Stock Exchange’s gauge. Individuals were net ...

Bloomberg McDonald’s Japan is adding to its restaurant count for the first time in five years, underscoring a turnaround that prompted its US parent to reverse a decision to sell a stake in the company. McDonald’s Holdings Co. Japan plans to open more restaurants than it will close in the second half, said Chief Executive Officer Sarah Casanova, adding that ...

Bloomberg As Kim Jong Un’s antics in North Korea capture global attention, China is quietly moving to bolster its grip on disputed territory in the South China Sea. Last month, a Philippine lawmaker released photos he said showed Chinese fishing, coast guard and navy vessels surrounding a Philippine-occupied isle in the Spratly island chain, preventing planned repairs to a runway. ...