UAE: MoF launches updated e-refund system for federal entities

Dubai: The Ministry of Finance (MoF) has announced the launch of the updated version of the e-refund system for service fees and transactions for federal entities, the Emirates News Agency (WAM) reported. The updated version provides new features that facilitate and expedite the procedures of refunding fees for all federal entities. Saeed Rashid Al Yateem, […]

UAE & French business leaders discuss the future of the tourism and hospitality value chain

The UAE-France Business Days took place in March 2021. Among the sessions, HE Helal Saeed Almarri, Director General of the Department of Tourism and Commerce Marketing and Sebastien Bazin, CEO of Accor, took part in a virtual discussion on the future of the tourism and hospitality value chain. The event, which took place online and […]

UAE’s economic outlook positive in 2021 despite COVID-19: Al Habtoor

Dubai: Khalaf Ahmad Al Habtoor, Founding Chairman of Al Habtoor Group (AHG), one of the largest privately-owned business conglomerates in the region, said the first quarter of 2021 fared better-than-expected thanks to the post-pandemic recovery in the UAE. Al Habtoor said AHG took measures early in 2020 to ensure it could withstand the fallout from […]

How commodities have stolen the spotlight

Investing in commodities has stolen the spotlight since the Fed cut interest rates to zero last March. Applying Elliott Waves to the Commodities Index allows us to showcase that they could continue to rise in 2021. However, we do need to weigh several components aside from Elliott Waves to make our forecasts. Therefore, inflation expectations […]