Sheikh Nahyan Bin Mubarak Al Nahyan, Minister for Tolerance, opened the fifth edition of the much-awaited Custom Show Emirates (CSE) and fourth edition of International Motorshow Abu Dhabi (IMSAD) 2019 at the Abu Dhabi National Exhibition Centre on Thursday.
The Federal Tax Authority (FTA) has started implementing the Value Added Tax (VAT) Refunds for Business Visitors procedure, noting that a dedicated form for refunding VAT to business visitors has been made available through its website. In a press statement issued on Tuesday, the Authority announced that it is now receiving applications to refund VAT incurred by business visitors to the UAE in 2018.
Miral, Abu Dhabi’s creator of destinations, has revealed a series of development updates at Yas Bay, Yas Island’s upcoming vibrant waterfront community to live, work and play. Once complete, Yas Bay will be home to Abu Dhabi’s newest unique experiences, transforming the southern end of Yas Island and contributing towards Miral’s ambition of making it one of the top global destinations for entertainment and leisure.
In 2018, SCAD estimated the GDP, at current prices, grew by 14.5 per cent to Dhs931.2 billion from Dhs813.6 billion in 2017.
Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has approved $80 million (Dhs294 million) in funding to contribute to the economic development of Argentina through supporting a project to fortify the water sector in the province of Santa Fe. ADFD’s concessionary loan will facilitate the expansion of an existing water treatment plant in Desvío Arijón over two phases.
The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 per cent this year, from the eight per cent average growth rate, as per the recent estimates of the Ministry of Economy.
The UAE rounded off a successful Special Olympics World Games Abu Dhabi 2019 with an impressive medal tally as the curtain came down on the mega event on Thursday.
Glenn Maxwell missed a hundred by 2 runs as Australia defeated Pakistan by six runs in the fourth one-day international in Dubai on Friday to take 4-0 lead in the five-match series.
The US Special Olympics Team has departed from Abu Dhabi International Airport’s US Customs and Border Protection Preclearance facility, the only one of its kind in the Middle East, Africa, and Asia.