Officials signing the agreement.
Incentives package includes exempting economic establishments whose business has been temporarily suspended during the crisis due to the implementation of the precautionary measures from licence renewal fees for one year.
AJMAN: Abdullah Al Muwaiji, Chairman of Ajman Chamber of Commerce and Industry (ACCI) received a Korean economic delegation led by the South Korean Consul General Chun Young Wook, to explore paths of further accelerating economic cooperation and the most important investment opportunities available in Ajman and Korea. The visit also aimed to increase the trade volume between the two parties.
The strengthening of national and global food security was the topic on the agenda during the visit of Mariam Almheiri, Minister of State for Food Security, to South Korea last week. Building on the existing strategic alliances that the UAE has with Asia’s fourth largest economy,
Tower A, the Elite building of Bloom Towers, consists of 255 premium residential units ranging from one-bedroom to three- bedroom apartments with sizes from 700 to 1,600 sqft available to purchase with prices starting from Dhs750,000, offering homeowners and investors great opportunities to secure exceptional long-term value and a guaranteed 8% return on investment for three years.
The impairment provisions for the eight banks increased by about 103 per cent during the first nine months of 2020 to Dhs16.6 billion, compared to Dhs8.2 billion for the same period in 2019.
The Federal Tax Authority (FTA) Board of Directors, chaired by Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and Chairman of the Authority’s Board of Directors,