Articles by: mf_admin

Fresh round of taxes may hurt UAE retail market

April 1, 2019 8:08 am16 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 am7 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 am1 comment
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 am9 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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UAE consumers will have 5G by June

March 29, 2019 8:47 am0 comments
UAE consumers will have 5G by June

Technology is ready but awaits summer roll-out of new smartphones 29/03/2019 Friday , Dubai: UAE telecom provider Etisalat said its 5G network is fully ready in the UAE and consumers will be able to get hands-on experience when new 5G-enabled smartphones are rolled out in the market this summer.  Khalifa […]

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15 honoured with Arab Journalism Awards

8:04 am2 comments
15 honoured with Arab Journalism Awards

Winners chosen across 13 categories after screening thousands of nominations 29/03/2019 Friday ,  Dubai: Fifteen winners of the 18th edition of the Arab Journalism Award were honoured at a special ceremony held at the conclusion of the Arab Media Forum on Thursday. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, […]

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UAE-India food security alliance planned

7:51 am0 comments
UAE-India food security alliance planned

Winding up her visit, Al Mehairi said this alliance would have strategic importance 29/03/2019 Friday , A food security alliance between the UAE and India is envisaged soon, Mariam Saeed Hareb Al Mehairi, the UAE Minister of State for Food Security, said here on Thursday. Winding up her two-day visit […]

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German auto parts maker to buy Wabco for over $7 billion

7:44 am0 comments

Wabco board unanimously endorses the deal 29/03/2019,Friday,FRANKFURT: German auto parts maker ZF Friedrichshafen has agreed to buy US rival Wabco for over $7 billion in cash in a bid to bulk up its expertise in trucks and driver-assistance systems, the companies said on Thursday. The all-cash deal is for $136.50 […]

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