Implementation of VAT and excise tax amounted to 60 percent of the Dubai Refreshment Company’s net local revenue

The implementation of value-added tax (VAT) and excise tax added up to 60 percent of.

Samsung posts final quarter benefit drop, cautions of feeble interest until the second half of 2019

Samsung Electronics detailed its biggest quarterly benefit decrease in two years amid its profit report.

Petroleum costs in the UAE are set to reduce in January

Petroleum costs in the UAE are set to diminish altogether in January, as indicated by.

Aldar properties has announced a 28 percent year-on-year decline in profit of second quarter

Aldar Properties based out of Abu Dhabi has announced a 28 percent year-on-year decline in.

UK House Prices Drop to 3.1%, Hitting An Average of £220,962

  UK house prices dropped down to 3.1 per cent in April, according to the.

China: Canalys report claims smartphone shipments drop 21% in Q1

  China’s smartphone  market seemed to reach saturation point in 2017  when sales stopped growing.

The price of crude oil is increased to $64 per barrel

The UAE’s Ministry of Energy announced little reduction in fuel prices for March. The price.

Saudi Arabia demands FIFA to drop Qatar from 2022 World Cup amidst accusations vote buying

  Saudi Arabia recently demanded that FIFA drop Qatar from the 2022 World Cup. The.

Saudi Basic Industries Corp took a 350 million riyals ($93.34 million) impairment on its steel unit

Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34.

Two more potential presidential election candidates in Egypt withdrew on Saturday

CAIRO: Two more potential presidential election candidates in Egypt withdrew on Saturday, leaving the way.