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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...
Multi-industry event for plastics, Printing & Packaging Open at Expo Centre Sharjah
With the region looking at increasing its downstream capabilities as part of its economic diversification policies, the regional plastics, molds, printing and packaging industries...
Turkey, Qatar, Iran to discuss land trade routes
Ankara, Doha and Tehran will discuss land trade routes on the sidelines of the oath-taking ceremony of Iran’s president-elect Hassan Rouhani on Saturday, Turkish Economy Minister...
RBI keeps repo rate unchanged at 6%
In its sixth bi-monthly Monetary Policy Statement for 2017-18, the Reserve Bank of India (RBI) has kept the policy repo rate under the liquidity...
Iran’s Rouhani sees major economic growth next year
Iran’s President Hassan Rouhani promised high economic growth as he laid out next year’s budget on Sunday, despite uncertainty over whether the United States...
The sorry tale of Iran’s duped investors
With the recent bankruptcy and collapse of banks, financial institutions and the social security system in Iran, millions of domestic deposit holders and investors...
Expo 2020 awards $182m contract for two pavilions, access road
Expo 2020 Dubai has awarded two major construction contracts worth AED 670 million ($182.4 million) to UK-headquartered international building company Laing O’Rourke to build...
