Business News

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Starting summer, Emirates will launch a new daily service between Dubai and Auckland, via the Indonesian island of Bali. The new service, which takes flight on June 14, brings the number of daily Emirates flights to New Zealand to three. It will also offer three daily services between Dubai and Bali. The airline will operate a […]

Sharjah International Airport welcomed over 11.3 million passengers in 2017, which is an increase of 327,000 travellers compared to the previous year.  The facility also recorded robust growth in overall aircraft movement (77,627 flights) and freight volume (148,312 tonnes). The addition of new airlines and routes as well as access to enhanced facilities like smart […]

The Federal Tax Authority (FTA) has issued 50 guidelines and e-learning modules to raise awareness about key aspects of the UAE’s taxation system. They cover various regulations and rules, including tax registration, filing returns and claiming refunds. It’s the latest in a series of initiatives aimed at ensuring transparency and accuracy in implementing tax procedures. […]

The value of non-oil foreign trade through Abu Dhabi’s ports reached AED 159.9 billion in 2017. According to the emirate’s Statistics Centre, imports accounted for the bulk of the amount (AED 115.5 billion), followed by exports (AED22.6 billion) and re-exports (AED21.7 billion). These figures only include the trade of non-oil goods that entered or exited through Abu Dhabi’s […]

The UAE will remain committed to reducing its output of oil in a bid to eliminate the remaining glut on the market. That’s the message from the country’s Minister of Energy, who said the landmark deal between Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members has significantly contributed to reducing large amounts of global […]

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