This enables taxable persons to meet their tax obligations without facing any difficulties. The Federal Tax Authority (FTA) on Tuesday issued a directive on an exceptional basis providing an alternative date of May 28, 2020 for the deadline of submitting value-added tax (VAT) returns...

The UAE Government has announced the full recovery of 74 coronavirus patients after receiving the necessary healthcare, bringing the total number of recoveries to 1,360. Speaking at the UAE's regular media briefing on Monday, Dr. Farida Al Hosani, spokesperson for the UAE health sector,...

Total income for the first quarter at Dh6.88bn remains fairly unchanged from Dh6.87bn in the preceding quarter Dubai’s Emirates NBD posted a 24 per cent year-on-year (y-o-y) decrease in its first quarter net profit, it announced on Monday, April 20. The net profit for the first...

The time-lapse video includes footage of engineers and welders working together to construct the facility which was reportedly built to international standards A video tweeted out by the Dubai Health Authority (DHA) shows how an isolation and intensive-care ward for Covid-19 patients...

According to a CBUAE report, the required reserves have been steadily growing over the recent months ABU DHABI: In yet a fresh sign of the country's robust financial infrastructure, the UAE banks' reserve requirements picked up 7.7 percent during Q1 2020 to AED132.6 bn as compared to...

Dim economic conditions mean more layoffs as companies streamline operations in the face of tough times ahead. Here's how to make it through this pandemic In March, the UAE enacted a new regulation for the duration of the coronavirus crisis that allowed firms to lay off staff, cut...

The text of the government decision refers only to "individuals", without specifying whether journalists and media professionals are included DUBAI: The United Arab Emirates will fine people up to 20,000 dirhams ($5,500) if they share medical information about the coronavirus that...

The government backed entities have offered up to three months of rental relief to their retail clients due to slump in business activities. UAE - In line with measures taken by the government-backed developers, the UAE businessmen urged the private landlords to reduce rents in order...

Supreme Committee for Crisis and Disaster Management in Dubai announced today The Supreme Committee for Crisis and Disaster Management in Dubai announced the extension of the 24-hour National Sterilisation Programme for a week more, according to a statement issued on Friday....

The total number of those infected in the country tallies 5,825 The Ministry of Health and Prevention in the UAE announced the detection of 460 new Covid-19 cases as well as two deaths on April 16. The newly diagnosed cases – belonging to various nationalities were detected due to...