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Dubai saved 267 megawatts of energy during Earth Hour

April 1, 2019 8:45 am0 comments
Dubai saved 267 megawatts of energy during Earth Hour

Everyone’s combined efforts resulted in a reduction of 114 tonnes of carbon emissions 01/04/2019,Monday,Dubai: If you switched off non-essential lights and appliances in your home or business for 60 minutes during Earth Hour last night, you contributed to the recorded savings of 267 megawatts (MW) of electricity in Dubai for […]

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GDRFA official warns against visa fraud on Facebook, Instagram in UAE

8:36 am0 comments
GDRFA official warns against visa fraud on Facebook, Instagram in UAE

Dubai authorities identified 119 fake companies selling fake visas last year 01/04/2019,Monday,Dubai: A top official with the General Directorate of Residency and Foreign Affairs (GDRFA) in Dubai has warned residents and visitors against being lured by dubious advertisers on social media platforms who are peddling fake visas and jobs in […]

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UAE may include new products on excise tax list

8:24 am0 comments
UAE may include new products on excise tax list

Ministry of Finance studying possibility to add new goods to tax list 01/04/2019,Monday,Dubai: The UAE is currently studying its options to include new products on the list of excise tax, after implementing the tax on three categories in October 2017. The country’s Ministry of Finance said in a statement on […]

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Adnoc eyes new opportunities after a major milestone in drilling

8:16 am0 comments

State owned firm to target 4m barrels per day of production capacity by end of 2020 01/04/2019,Monday,Abu Dhabi: Abu Dhabi National Oil Company (Adnoc) on Sunday announced it is looking at new growth opportunities and revenue potential after the company’s drilling unit achieved a major milestone by completing its first […]

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Fresh round of taxes may hurt UAE retail market

8:08 am0 comments
Fresh round of taxes may hurt UAE retail market

First round in 2017 hurt sales, analysts say as UAE studies options for further taxation 01/04/2019,Monday,Dubai: As the UAE examines options to implement the excise tax on a broader range of products, analysts say the retail market may not be ready for yet another round of taxation.  The country’s Ministry […]

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IFRS 9 transition to result in higher impairments

8:00 am0 comments

Expected credit losses to be about 15 per cent in 12 to 24 months 01/04/2019,Monday,Dubai: The adoption of International Financial Reporting Standards (IFRS 9) by GCC banks from January 1, 2018 had resulted in a muted impact on financial statements, however, the transition of some accounts from Stage 1 to […]

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Koreans dominate at ATF Championship in Dubai

7:52 am0 comments
Koreans dominate at ATF Championship in Dubai

Jang doubles up to secure two titles 01/04/2019,Monday,Dubai: At the conclusion of the first Asian Tennis Federation (ATF) U14 event held here in Dubai over the past week, South Koreans Gio Jang and Woohyuk Chang came out on top of the girls and boys singles categories respectively. Both players came […]

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Sharjah FC are City slicker

7:45 am0 comments
Sharjah FC are City slicker

Tournament winners claim trip to Manchester 01/04/2019,Monday,Abu Dhabi: Sharjah FC took top honours at the most diverse youth football tournament in the Middle East as it drew to a dramatic conclusion in Abu Dhabi. Of the 130 teams that participated, six teams were victorious in their respective age-group finals at […]

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Australia record clean sweep over Pakistan

7:36 am0 comments
Australia record clean sweep over Pakistan

Sohail’s century goes in vain despite spirited chase against mammoth total   01/04/2019,Monday,Dubai: Australia recorded a clean 5-0 sweep over Pakistan by winning the fifth and final match of the series by 20 runs at the Dubai International Stadium. A fighting century from Pakistan’s in-form batsman, Haris Sohail, who cracked […]

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Thunder joins Surour’s greats

7:20 am0 comments
Thunder joins Surour’s greats

Emirati handler won’t rule out brining back his stable for next year 01/04/2019 Monday , Dubai: Renowned Godolphin handler Saeed Bin Surour has hailed Thunder Snow as one of his greatest horses after the five-year-old’s epic victory in the $12 million Dubai World Cup (G1) on Saturday night at Meydan […]

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