National Program for Coders: UAE to enhance digital economy, increase start-up investment from Dh1.5 billion to Dh4 billion

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched a national programme for programmers to help build the national digital economy and increase investment directed to startups from Dh1.5 billion to Dh4 billion. The programme is launched in collaboration with Google, Microsoft, Amazon, […]

G20 ministers endorse global tax reform

Venice: G20 finance ministers on Saturday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies […]

Saudi Arabia: SR25m fine for unlicensed telecoms devices

Cairo: The Saudi Communications and Information Technology (CITC) has announced starting imposing fines of up to SR25 million for dealing in unlicensed telecoms devices. The CITC has also warned suppliers of these devices against distributing and selling gadgets that do not conform to specifications approved by the authority including unlicensed devices and illegal network boosters […]