Two new tobacco products will soon be added to the Federal Tax Authority's (FTA) digital tax stamp scheme.
From November 1, water pipes and e-cigarettes sold in the UAE will have to feature a digital tax stamp.
Initially, the scheme only covered cigarette packs.
It will involve electronic monitoring of tobacco products to ensure that sellers fully comply with the payment of excise tax.
Authorities say it'll help them combat tax evasion and protect consumers from commercial fraud.
Warren Buffett steps down as Berkshire chairman, son Howard succeeds
Berkshire Hathaway said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel.
75,000 tourists welcomed during Dubai summer campaign
As many as 75,000 people have visited the UAE under the 'Dubai Invite' campaign, which targeted non-residents with rewards of up to AED 3,000 in hotel stays, dining deals, and more.
China's Huawei sets 2027 launch for new AI chips as it targets Nvidia
Huawei Technologies will launch two new artificial-intelligence semiconductors in 2027, rotating chairman David Wang said on Thursday, as the Chinese tech giant builds up its AI computing business and seeks to challenge USchipmaker Nvidia.
Arab Monetary Fund marks Golden Jubilee in Abu Dhabi
The Arab Monetary Fund will mark its Golden Jubilee in Abu Dhabi on September 28, alongside the 17th Ordinary Session of the Council of Arab Finance Ministers.
Aster to invest in International Modern Hospital under AED1bn UAE expansion plan
Aster DM Healthcare will invest in International Modern Hospital (IMH), under the healthcare provider's 5-year UAE expansion plans valued at more than AED1 billion.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call with Indian Prime Minister Narendra Modi to discuss opportunities to further strengthen bilateral relations.
Dubai Municipality has completed a package of strategic projects aimed at improving living conditions, quality of life and sustainability across workers’ communities in the emirate.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has explored a research project tracing the history of the 'Al Khuzam' craft and its connection to the Emirati identity.
