MoF, FTA announce amendment to excise tax on sugar sweetened beverages

ABU DHABI/WAM The Ministry of Finance and the Federal Tax Authority (FTA) have announced an amendment to the excise tax mechanism applied to sugar sweetened beverages (SSB’s), introducing a tiered volumetric model that links the tax value on each litre of a sugar sweetened beverage to its sugar content per 100ml. The higher the sugar content per 100ml, the higher ...

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Nahyan bin Mubarak visits Liwa Date Festival

AL DHAFRA/WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, visited the activities and competitions of the 21st edition of the Liwa Date Festival, held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court. Organised by the Abu Dhabi Heritage Authority, the festival ...

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UAE President, Hungarian Prime Minister witness exchange of agreements, MoUs to strengthen bilateral cooperation

BUDAPEST/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Viktor Orbán, Prime Minister of Hungary, witnessed the exchange of several agreements and memoranda of understanding between the two countries, aimed at expanding avenues of cooperation across a range of development sectors. The exchange took place as part of His Highness’ official visit to Hungary. The ...

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UAE Accountability Authority elected to INTOSAI Executive Council

BAKU/WAM The UAE Accountability Authority (UAEAA) has been elected as a member of the Executive Council of the International Organisation of Supreme Audit Institutions (INTOSAI), during the 62nd meeting of the Asian Organisation of Supreme Audit Institutions (ASOSAI), held in the Azerbaijani capital, Baku. This milestone highlights the UAE’s growing presence on the global oversight stage and marks a significant ...

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Parent-friendly Label earners celebrate achievement, praise leadership support for family

ABU DHABI/WAM Leaders of the 12 local and global organisations who earned the Parent-friendly Label (PFL) in its 3rd Cycle have expressed deep gratitude and praise for the UAE leadership’s support for driving a nation-wide shift toward family-centric work environments. The senior representatives’ remarks followed the recognition presented by President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the ...

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UAE, Serbian Presidents discuss strengthening comprehensive strategic partnership in Belgrade

BELGRADE/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held talks today with His Excellency Aleksandar Vučić, President of the Republic of Serbia, focusing on various areas of cooperation, particularly in investment, economy, trade, technology, food security, renewable energy, and other sectors that serve the mutual interests and development priorities of both nations. The talks were held as ...

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Malabar Gold & Diamonds Unveils Mojawhraty by Malabar – Exclusive Retail Offering for Arabic Jewellery. Launches 6 Showrooms in the GCC

DUBAI/GULF TIME Malabar Gold & Diamonds, the 5th largest jewellery retailer globally with over 400 showrooms across 13 countries and a name synonymous with trust, quality, and timeless craftsmanship, has unveiled Mojawhraty by Malabar, the brand’s latest retail concept dedicated exclusively to Arabic jewellery.   In the GCC region, Mojawhraty by Malabar has launched 6 showrooms; 2 showrooms in the UAE ...

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