Mubadala’s assets climb to Dh841b

Dubai: Mubadala Investment Company reported on Monday a jump in its total income in 2018 as well as in its assets under management, primarily driven by the consolidation of the Abu Dhabi Investment Council. The company recorded Dh12.5 billion in total income, up 21 per cent over the Dh10.3 billion recorded in 2017. Assets under […]

Egypt aims to amend VAT law, draft new income tax law — minister

Cairo: Egypt will form a committee to amend its value-added tax law and the country will also work to draft a new income tax law this fiscal year, Finance Minister Mohamed Maait said on Monday. Maait, speaking to reporters, gave no details on what changes would be sought to either law. The VAT law is […]