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DUBAI NEWS

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Federal Tax Authority Cautions Against Excepting Any Persons When Charging Taxes Unless Specified In Tax Laws
The Federal Tax Authority (FTA) has reiterated its call for all registered businesses to collect Value Added Tax (VAT) and Excise Tax on all taxable transactions and from all costumers.

Commercial Bank Of Dubai Launches Positive Pay Solutions To Eliminate Cheque Fraud
The Commercial Bank of Dubai, CBD, has announced the launch of ’Positive Pay’, one of its newest digital product offerings to ensure the protection of its corporate clients from cheque frauds.

ENOC As Expo 2020 Dubai’s Official Integrated Energy Partner
Emirates National Oil Company, ENOC, has been appointed Expo 2020 Dubai’s Official Integrated Energy Partner with plans to set up a ’service station of the future’ at the next World Expo.

Education Alliance Forged To Launch Region’s First Masters In Maritime Law
The DIFC Academy of Law and City Law School at City, University of London, today announced a joint venture to launch the region’s first specialised Masters in Maritime Law, LLM.

Equities First Holdings Receives DFM’s Approval As The first Registered Repo Buyer
The nod permits EFH to provide Repo services on the market in line with the regulations of both the Securities and Commodities Authority (SCA) and DFM.

Deyaar Owners Association Management Wins Dubai Quality Appreciation Award
Deyaar Owners’ Association Management, part of Deyaar Development PJSC (’Deyaar’), one of Dubai’s leading property developers and real estate service providers, has received the Dubai Quality Appreciation Award for the 2017 cycle under the services sector.

Japan Imported 25.997 Million Barrels Of Crude Oil From UAE In March
Japan imported from the UAE 25.997 million barrels of crude oil in March 2018, data released by the Agency of Energy and Natural Resource in Tokyo showed.

British Council And HSBC Youth Development Programme Wins International Business Excellence Award
Taqaddam, the British Council and HSBC’s life skills programme for 15-16 year olds in the Middle East and North Africa, was awarded runner up at the International Business Excellence Awards in the corporate social responsibility category.

Dubai Women Establishment Successfully Concludes Second Edition Of Innovative Leaders Program
Dubai Women Establishment (DWE) has successfully concluded the second edition of its Innovative Leaders Program, hosted in collaboration with the distinguished Ashridge-Hult International Business School in the United Kingdom.

Nakheel And Vienna House To Create USD160 Million Beachfront Resort At Dubai’s Deira Islands
Dubai-based master developer Nakheel is planning a new partnership with Austria’s largest independent hotel chain, Vienna House, to create a USD160 million, 600-room beachfront resort at Deira Islands.

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