Daily Archives: January 12, 2019

UAE, led by Khalifa, conveyed culture of tolerance abroad through its humanitarian assistance: Hamdan bin Zayed

BRUSSELS, H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent, ERC, has emphasised that the UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness …

Abu Dhabi Fund for Development allocates US$10 Million for Solar PV Project in Mauritius

ABU DHABI, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Mauritius to fund a solar photovoltaic (PV) kits project.

As …

NCM warns of Fog formation, poor visibility

ABU DHABI, The National Centre of Meteorology (NCM) has called on motorists to take all precautions and follow the traffic regulations regarding chance of fog formation and poor visibility.

In a statement, the Centre predicted that visibility is expected to …

Federal Tax Authority clarifies criteria for date VAT is accounted for on board fees of independent directors

ABU DHABI, The Federal Tax Authority (FTA) has confirmed that the date of supply for Value Added Tax (VAT) with regard to Independent Directors’ services is determined either in accordance with the general rules or the special rules, depending mainly …

Federal Tax Authority clarifies criteria for date VAT is accounted for on board fees of independent directors

ABU DHABI, The Federal Tax Authority (FTA) has confirmed that the date of supply for Value Added Tax (VAT) with regard to Independent Directors’ services is determined either in accordance with the general rules or the special rules, depending mainly …

Market to be ripe for price corrections by end of January: Suhail Al Mazrouei

ABU DHABI, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, on Saturday said that the oil market will be ripe for more price corrections by the end of January 2019 following the deal reached by OPEC …