Economy is on positive track to deliver UAE Vision 2021: Al Mansouri

DUBAI: The UAE gross domestic product, GDP, grew by 1.7 per cent in 2018 at constant prices of 2018 as compared to 2017, said Sultan bin Saeed Al Mansouri, Minister of Economy, citing preliminary macro-economy indexes issued by the Federal Competitiveness and Statistics Authority, FCSA, for last year. Al Mansouri noted that the improvement in […]

UAE may include new products on excise tax list

Dubai: The UAE is currently studying its options to include new products on the list of excise tax, after implementing the tax on three categories in October 2017. The country’s Ministry of Finance said in a statement on Sunday it is conducting a joint technical study with officials in Saudi Arabia “on the addition of […]

Facebook’s Mark Zuckerberg calls for tougher regulation of internet

Facebook Inc. chief executive officer Mark Zuckerberg called for new global regulations governing the internet on Saturday, recommending overarching rules on hateful and violent content, election integrity, privacy and data portability. In a statement that was also published as an op-ed in the Washington Post, Zuckerberg said the company is seeking regulations that would set […]