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DUBAI NEWS

Local Time - 11:39:57 AM :
Page 1005 of 1005

DEWA approves AED 23.655 billion budget for 2016
"This budget for 2016 is aligned to the directives of our visionary leadership, and will meet all the requirements of DEWA’s projects, operational facilities, ambitious initiatives in electricity and water.

Quick response enable Crisis Management Team in Dubai quell The Address hotel fire in record time
Dubai Civil Defence said the fire broke out at around 9:00 pm on Thursday and the initial information indicates that it originated from the 20th floor of the hotel. All information about the accident will be published once the investigation is complete.

The impact of VAT in the real estate! Would you pay more for your rent in Dubai?
The long-awaited UAE VAT legislation, namely Federal Decree Law (8) of 2017 (the VAT Law) is finally out and everyone can at last be properly informed about the impact of VAT on their everyday lives, as well as all the various industry sectors that will be affected thereby.

Federal Tax Authority: Donations, Grants and Sponsorships Exempt from VAT Only When Donor, Grantor or Sponsor Has Not Received Benefits in Return
The Federal Tax Authority (FTA) has outlined the principles that must be applied to ascertain the taxability of donations, grants, and sponsorships, noting that if the donor, grantor, or sponsor has received any benefit in return for such payments,

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