EITC royalty rates to stay unchanged for 5 yearsEmirates Integrated Telecommunications Company (EITC) has confirmed that the UAE Ministry of Finance has announced the Federal Royalty scheme, which will be applied annually on EITC for the period 2017 to 2021. EITC has two teleco More… |
Etihad welcomes Royalty onboard flagship A380Etihad Airways, the national airline of the UAE, welcomed Royalty to its flagship Airbus A380 at the Dubai Airshow, the region’s leading aerospace event. The aircraft was toured by His Highness Sheikh Mohammed bin Rashid Al More… |
Iran hikes mines royaltyIran will require private mines to pay an extra royalty to the government as a slump in oil prices forces the Opec producer to raise revenues elsewhere, an industry executive said. The move, likely to be implemented at the start o More… |
Iran hikes mines royaltyIran will require private mines to pay an extra royalty to the government as a slump in oil prices forces the Opec producer to raise revenues elsewhere, an industry executive said. The move, likely to be implemented at the start o More… |
UAE sets royalty rates for telecom firmsThe United Arab Emirates government set royalty, or tax, rates on the country's two telecom operators on Monday, which will raise the amount paid into federal coffers. The Ministry of Financ More… |
Nokia Q2 beats forecasts on patent gainsNokia Oyj, the world's largest phone maker by volume, posted better-than-expected quarterly profit thanks to a major royalty boost from settling a patent dispute with Apple. Nokia reported a second-quarter underlying operating profit of 39 More… |
UAE mulls reduction in telecoms taxesThe United Arab Emirates will cut royalty charges or taxes for telecoms firm Etisalat, a top regulatory official said on Monday, that would provide an instant boost to sagging profits at the former monopoly. No timescale was offered for th More… |