Advertisment
Inflation rises to 4.7% following VAT roll-out
Inflation in Abu Dhabi rose to 4.7 per cent in January 2018, the highest rate in years, following the implementation of Value-Added Tax (VAT)...
SABIC head re-elected as GPCA Chairman
SABIC head re-elected :: The Gulf Petrochemicals and Chemicals Association (GPCA) announced on Tuesday the re-election of Yousuf Al Benyan as its chairman for...
ADNOC and OCP Group Sign Long-Term Sulphur Supply Agreement
Strengthening Strategic Ties Between the UAE and Morocco
The Abu Dhabi National Oil Company (ADNOC) and Morocco’s OCP Group have signed a long-term agreement under...
Saudi Aramco company shipyard venture appoints CEO
Saudi Aramco and a number of partners have appointed Fathi K. Al Saleem as CEO of a joint venture to build a shipyard on...
New $1bn Abu Dhabi chemicals facility to boost manufacturing
The new facility will supply raw material for some of the UAE's largest industrial firms
Shaheen Chem Investment, owned by investors from the United Arab...
India’s Economic Survey projects 7-7.5% growth in 2018-19
Reforms will allow real gross domestic product growth in India to reach 6.75 per cent this fiscal and will rise to 7-7.5 per cent...
UAE Has the Lowest VAT Regionally and Globally
The UAE has the lowest VAT regionally and globally, compared to countries such as UK, Switzerland, Germany, Mexico, South Africa and Australia, according to...
Reduction in tax for MSMEs to benefit TN textile firms
The reduction of corporate tax to 25 per cent for companies with turnover upto Rs 250 crore will benefit textile and garment firms in...
E-commerce platform for artisans in India’s Kashmir
The government in India’s Jammu and Kashmir state is introducing an e-commerce platform for artisans and weavers to boost export of handicrafts and handloom...
Saudi foreign reserves rise for third straight month
The Saudi Arabian central bank’s foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing...
