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Federal Tax Authority Outlines 4 Methods For Input Tax Apportionment For Businesses Making Mixed Supplies (Taxable & Exempt) (8 January 2019)
In a press statement issued today, the Authority explained that the guide detailed four methods available for taxpayers on Input Tax apportionment, namely, the outputs-based method, transaction count method, floorspace method, and the sectoral method.

DLD Signs MoU With ADIB (8 January 2019)
Dubai Land Department (DLD) recently signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for the transaction services of the ’Tarweej’ real estate promotion initiative.

RTA Clinches Two Global Benchmarking, Innovation Awards (8 January 2019)
Dubai’s Roads and Transport Authority (RTA) has scooped two reputed international awards amid high local, regional and global competitors.

The Dubai Business Women Council Ends The Year Of Zayed With A 46% Growth In Total Membership (8 January 2019)
The new growth in membership during 2018 reflects the diversity of the business community in the emirate of Dubai, in light of the fact that the council’s members belong to 81 different nationalities from all around the world.

Union Coop And UAE Rare Disease Society Sign MoU (8 January 2019)
Union Coop, the largest Consumer Cooperative in the UAE signed a Memorandum of Understanding with the UAE Rare Disease Society, to support and sponsor programs.

Microsoft Teams Up With Real Madrid Legend For Open Cloud Innovation Day At Dubai Sports City (8 January 2019)
The event was organised in co-operation with soccer legend, Míchel Salgado, former Spain and Real Madrid right back and recently appointed Assistant Coach to the Egyptian national team.

Dubai Tourism Releases AED250 Million In Bank Guarantees Of Tourism Companies To Boost Investment In Ecosystem (8 January 2019)
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has initiated efforts to release approximately AED250 million in bank guarantees that have been furnished by tourism-related service providers.

Etisalat Digital Accelerates Adoption Of Artificial Intelligence And Blockchain In The Region (7 January 2019)
Future Now, the innovation programme of Etisalat, has signed agreements with four scaleups to develop Artificial Intelligence and Blockchain solutions following the successful Dubai Future Accelerators programme.

DFSA Regulatory Sandbox Accepts Seven New Firms Into Its Latest Cohort (7 January 2019)
The Dubai Financial Services Authority ("DFSA") announced the acceptance of seven new firms into its cohort process, which permits companies to apply for an Innovation Testing Licence ("ITL").

Holding Innovation In BIM Summit On The Sidelines Of Big 5 Show (7 January 2019)
Dubai’s Roads and Transport Authority (RTA), in collaboration with the British Standards Institute (BSI), has recently held Innovation in Building Information Modelling (BIM) Summit.


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