Meet Mohammed Khalid: Emirates Loto’s First Big Winner

Dubai resident Mohammed Khalid was declared the winner of the AED 350,000 cash prize in Emirates Loto’s inaugural draw last weekend, being the only collectible buyer to match five out of six numbers in the draw, but still earning him his big cash winnings. A telecommunications engineer who moved from his native India to Dubai

du Reports AED355 Million In Net Profit For Q1

The Emirates Integrated Telecommunications Company PJSC (du) secured revenues of AED2.99 billion for Q1-2020, reporting AED355 million in net profit for the same period. In a statement today, the DFM-listed telecom operator said its subscriber base saw gains of AED640 million in the fixed segment during the first three months of the year, a growth

Ministry Of Economy Reduces Fees Of 94 Electronic Services

Fees of 94 electronic services have been reduced by the Ministry of Economy according to the Cabinet Resolution no. 20 of 2020. The Ministry today published on its website a list of these services whose fees have been reduced by 17 percent to 98 percent. The reduced fees covered a wide scope of activities, including,

Federal Tax Authority Issues A Directive On An Exceptional Basis For An Alternative Deadline To File Tax Returns For VAT And Pay Due Taxes On May 28, 2020, For The Tax Periods Ended On March 31

In light of its commitment to supporting VAT registrants and the unprecedented intensive precautionary measures undertaken by the UAE to curb the spread of the novel Coronavirus (COVID-19) imposing 24-hour restrictions on the movement of individuals and vehicles implemented in certain areas of the UAE, which coincided with deadlines for filing VAT Returns, the Federal

Mai Dubai’s Fully Automated Facility Continues To Run At Full Production Capacity Of Over 1 Million Units Per Day Amidst Current Situation

Mai Dubai, a bottled water company fully owned by the Dubai Electricity and Water Authority (DEWA), revealed that the ongoing coronavirus disease (COVID-19) crisis has not disrupted its operations and that the company continues its supplies through its fully automated factory and achieves its production target of over 1 million units per day. The Mai

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