National squads competing in four categories aim to strengthen legacy after winning seven medals in 2023 in Saudi Arabia
sports5 hours ago
The emirate of Abu Dhabi has imposed a fee on expatriates renting homes there as it seeks to increase state revenues that have fallen due to low crude prices.
The municipal fee, equivalent to 3 percent of a tenant's annual rent, will take effect retroactively from February 2016, the Abu Dhabi Department of Municipal Affairs & Transport said on Thursday. Last January the largest member of the United Arab Emirates hiked water and electricity charges, and in July the International Monetary Fund estimated the government would run a fiscal deficit of 6.9 percent of gross domestic product in 2016.
Authorities decided on the fee last year but delayed its introduction because procedures to implement it were not yet in place. The department did not say how much the measure, from which UAE nationals are exempt, would raise.
Neighbouring Dubai, the financial hub of the UAE, charges tenants a 5 percent municipality fee. The emirates do not levy income tax.
National squads competing in four categories aim to strengthen legacy after winning seven medals in 2023 in Saudi Arabia
sports5 hours ago
It had a depth of 17 km and shook buildings in the capital Taipei
asia5 hours ago
The new project includes displaying artworks from five Emirati artists in Rabdan area
uae5 hours ago
Chasing 314, the UAE were struggling at 114 for five in the ICC CWC League 2 when Basil walked in to bat
cricket5 hours ago
During his visit, Modi will interact with the Indian diaspora and American business leaders
asia6 hours ago
Lebanese-born Greg Malouf brought his Michelin-starred expertise to Dubai more than a decade ago
uae6 hours ago
The government will cover 50 per cent of the interest and gains on these additional housing loans
personal finance8 hours ago
The pilgrimage will last for 6 days, and be split between Makkah and Madinah
uae8 hours ago