Newsletter

“Zakat” requests VAT returns for the month of March and the first quarter of 2024

Riyadh – Mubasher: The Zakat, Tax and Customs Authority called on establishments from the business sector subject to value-added tax whose annual supplies of goods and services exceed 40 million riyals to submit their tax returns for the month of last March. Meanwhile, according to a statement issued today, Sunday, the authority called on establishments […]

39.3 trillion dirhams, total bank transfers in the UAE over 3 years

Abu Dhabi – Mubasher: The total bank transfers in the UAE over the past three years amounted to 39.3 trillion dirhams ($11 trillion), according to data issued by the Central Bank. The data stated that remittance activities witnessed record annual increases, as they achieved an annual average growth of 33% over the period, as the […]

Omani Chrome recommends cash dividends and free shares

direct: The Board of Directors of Oman Chrome Company (OCCI), listed on the Muscat Stock Exchange, recommended distributing cash dividends and free shares to its shareholders. The company explained in a statement to the stock exchange that the proposed cash distribution represents 10 percent of the capital, at 100 baisas per share. The company added […]

The production of mortar ammunition was established by a Ukrainian company

August 22, 2023, 9:55 p.m © Ukrainian Armored Vehicles/Facebook The enterprise “Ukrainian Armored Vehicles” has established the production of mortar rounds of 120 mm caliber in cooperation with two NATO member countries. This was reported by the press service of the company. The 120 mm mortar is by far one of the most common types […]