The new provisions will be applicable 60 days as from April 28, 2021 The UAE has reduced tax penalties for value-added tax (VAT) and Excise Tax in order to help the companies and individuals better cope with the impact of the Covid-19 pandemic. According to the newly-released...

The listing will create an attractive opportunity for current and new investors to take part in the growth of the companies, as well as benefitting IHC as a result of increased profile raising and higher visibility from these companies ABU DHABI - Three subsidiaries of Abu Dhabi...

Mubadala Investment Co posted total comprehensive income attributable to the owner of $19.60bln, up from $14.44bln a year earlier DUBAI - Abu Dhabi state investor Mubadala's total income rose nearly 36% to a record high last year, driven by growth in its public equities portfolio and...

Rating supported by assumption of unconditional support from Abu Dhabi for the federal government Moody's Investors Service has affirmed the Aa2 long-term issuer rating of the UAE Government and maintained outlook at stable. The agency said the rating affirmation is supported by...

The Dubai Police General Command has warned members of the public, especially families, against hiring illegal domestic workers who as they could pose a serious risk to society. Colonel Ali Salem, Director of the Department of Infiltrators at Dubai Police, said they have arrested 54...

President His Highness Sheikh Khalifa Bin Zayed Al Nahyan has said that supporting and advancing the UAE Armed Forces and defence industries will remain a strategic priority. In a statement to mark the 45th anniversary of the Armed Forces Unification Day, carried by the 'Nation Shield'...

1,952 recoveries announced in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 204,724 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the Ministry stressed its...

Jasim Husain Thabet said demand was returning following the challenges of the pandemic The CEO of Abu Dhabi’s TAQA is optimistic about the company’s future performance based on the renewed demand for utilities and commodities in the first quarter of 2021. Jasim Husain Thabet,...

Telecoms company says two-part finance deal will be used for corporate purposes and infrastructure deployment Emirates Integrated Telecommunications Company PJSC (Du) has confirmed long-term financing of more than $1 billion to use for general corporate purposes and infrastructure...

The Federal Authority for Government Human Resources confirmed on Tuesday that public sector employees will get days off in celebration of Eid, starting from the 29th day of Ramadan to the 3rd day of Shawwal, which is yet to be declared. If Ramadan lasts 29 days, residents will have a...