Abu dhabi: The Federal Tax Authority (FTA) has urged producers, importers, and stockpilers of sugar-sweetened drinks to start reviewing the sugar content in their products in anticipation of a new excise tax mechanism, which is slated to be implemente…
Mumbai: Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) have signed an Agreement of Heads of Terms to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility (ISRF) in Cochin, Kerala.
Ac…
Abu dhabi: The Central Bank of the UAE (CBUAE) has announced a reduction in the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis points, moving it from 4.15% to 3.90%. This change will take effect on Thursday, 30 October.
According to …
Kuwait city: Kuwait crude oil dropped by US$2.59 on Tuesday to settle at US$66.21 per barrel, down from the previous day’s price of US$68.80 per barrel, the Kuwait Petroleum Corporation (KPC) announced on Wednesday.
According to Emirates News Agenc…