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Abu Dhabi / WAM The Federal Tax Authority (FTA), revealed that approximately 90,000 businesses registered for Value Added Tax (VAT), are required to submit their tax returns and pay their taxes no later than April 29. Over 85,000 of these companies had their first quarterly tax period end in March, while the remaining businesses saw their monthly periods end on ...

Abu Dhabi / Emirates Business The Department of Economic Development (DED), in Dubai signed a memorandum of understanding (MoU), with the Dubai Free Zones (DFZ), Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, FDF, who is also the Honorary President of the Emirates Red Crescent, ERC, has provided additional support of $1 million to the Fund for Refugee Women. The ...

Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), on Sunday organised the Mena Diplomacy Dialogue, discussing ‘The Role of Gender in Foreign and Security Policy,’ to review the role of gender in addressing the role of women in achieving security and maintaining peace. Dr Nawal Al-Hosany, Deputy Director-General of EDA, said that despite relentless international calls for women to ...

Dubai / WAM The Sustainable Communities and Climate Change Summit (SCCCS), was held on Sunday, under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, to provide a dedicated platform to discuss major regional and international issues in relation to climate change and other sustainability challenges facing ...

Bloomberg Bond traders agonizing over the flattening US yield curve got a bit of a break last week. But with a flood of Treasury supply about to hit the market, they’ll have little time to catch their breath. The US will issue a combined $96 billion of two-, five- and seven-year notes this week, the largest slate of fixed-rate coupon ...

Bloomberg Money-market traders in the UK may have capitulated, but not the analysts. While currency pundits were jolted by Governor Mark Carney’s surprise hint that a rate increase by the Bank of England next month isn’t a foregone conclusion, they aren’t exactly doing an about-turn on their forecasts. ING Groep NV, Nomura International Plc, Credit Agricole SA, CBA Europe Ltd., ...

Bloomberg North Korea has achieved its goal of developing a nuclear arsenal and is suspending further tests of atomic weapons or intercontinental ballistic missiles, its state-run media reported, citing leader Kim Jong-un. Kim said the regime’s nuclear test site will be shuttered, according to the Korean Central News Agency (KCNA). Punggye-ri, built in a secluded mountain valley northeast of Pyongyang ...

Bloomberg Inspectors from the Organization for the Prohibition of Chemical Weapons visited one of the sites of a suspected gas attack in Douma, Syria, on Saturday to collect samples. The samples will be transported to Rijswijk in the Netherlands before being sent for analysis to the group’s designated laboratories, The Hague-based OPCW said. “Based on the analysis of the sample ...

Bloomberg Almost half the UK public now wants to see a new centrist political party as the Labour opposition party lurches further to the left and Liberal Democrats appear to lose faith in their own party, a new poll showed Saturday. There’s a 49 percent interest in a new party compared with 46 percent a year ago, according to a ...