Day: June 5, 2023

The Jordanian-Italian Conference: “New Horizons for Cooperation in Healthcare between Jordan and Italy” kicked off Monday in Amman. The event is organized by University of Jordan (UJ) with the participation of MEBIC Consortium in Italy, Academic Union (HUMANITAS) and their partners. The conference aims to present a joint collaborative project that provides fully funded scholarships in medical training offered by MEBIC Consortium to Jordanian physicians and lay the foundation for building close cooperation between the two countries, according to a UJ statement. Speaking at the conference, in presence of Italian Ambassador to Amman, Luciano Pezzotti, and representatives of Jordan’s various medical and health sectors, UJ President, Nazir Obeidat, said Jordan and Italy share multiple common values, expressing appreciation for this initiative that seeks to support Jordan’s medical education and health system. Obeidat referred to strengths of Jordan’s medical sector, including the vaccination program, which is viewed one of the best in the region, as well as abundance of graduate physicians and their “distinguished” level at home and abroad. He also pointed to the challenges facing the Kingdom’s medical system, primarily need to pump additional specialist physicians in a number of medical sub-specialties and problem of the refugee influx, which added an additional burden for Jordan’s health sector. Addressing the event, the Italian ambassador said the conference constitutes a “remarkable” opportunity to find bases for joint cooperation in the medical field, especially since Italian government has always provided support and grants to Jordanian students to continue their studies in Italy. The envoy expressed admiration for the “distinguished” Jordan’s medical sector, hoping to enhance joint cooperation in this vital field.

Source: Jordan News Agency

Mohammad Mahadin was sworn in before His Majesty King Abdullah on Monday as president of the Constitutional Court. Basil Abu Anza was also sworn in before King Abdullah as a member of the Constitutional Court. Royal Hashemite Court Chief Yousef Issawi attended the swearing-in, which took place at Basman Palace.

Source: Jordan News Agency

ABU DHABI, 5th June, 2023 (WAM) — The UAE Ministry of Finance today has announced the issuance of Cabinet Decision No. 56 of 2023 on a Non-resident Person’s Nexus in the UAE for the purposes of Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses (The Corporate Tax Law). Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, said, “The Corporate Tax treatment of income derived from UAE real estate and other immovable property by foreign juridical persons is in line with international best practice which stipulates that income derived from immovable property is taxable in the country in which such property is located. The UAE’s Corporate Tax Law incorporates features that honor international taxation principles and ensures neutrality between domestic and foreign companies earning income from immovable property in the UAE.” Foreign companies and other non-resident juridical persons will be subject to UAE Corporate Tax on income derived from real estate and other immovable property located in the UAE and will be required to register in the UAE for Corporate Tax purposes. This applies to both immovable property that is held or used in a business and immovable property that is held for investment purposes in the UAE. Non-resident juridical persons with UAE immovable property will be subject to Corporate Tax on a net-income basis. This allows for relevant expenditure that meets the conditions set out in the Corporate Tax Law to be deducted when calculating taxable income. Real Estate Investment Income earned from UAE immovable property owned by foreign or UAE resident individuals, either directly or through a trust, foundation, or other vehicle that is treated as fiscally transparent for UAE Corporate Tax purposes, would generally not be subject to Corporate Tax provided it is not a licensed business activity. Further, Real Estate Investment Trusts and other Qualifying Investment Funds may benefit from an exemption from Corporate Tax on income derived from the investment in UAE immovable property, provided that the relevant conditions are met. All Cabinet Decisions and Ministerial Decisions and guidelines relating to the Corporate Tax Law are available on the Ministry of Finance’s website: www.mof.gov.ae.

Ahlam Almazrooi/ Tariq Al Fahaam

Source: Emirates News Agency (WAM)

SHARJAH, 5th June, 2023 (WAM) The Sharjah International Marine Sports Club has become the first sports club in the UAE to use artificial intelligence (AI) in sports sustainability. The club plans to include AI as a member of the strategic development team meeting to analyze results, generate ideas, and present the most prominent global practices in marine sports. Chaired by Ahmed Sultan Al Hassani, Head of the Working Team, its members, including the newcomer, an AI, attended the strategic development team meeting. This new move is a step the club is taking to anticipate the 21st century’s challenges, routing the sport towards sustainability. The AI will help the club with environmental, social, and economic data related to marine sports and recommend new strategies and practices. Tariq Al Fahaam/ Muhammad Aamir

Source: Emirates News Agency (WAM)

NOUAKCHOTT, 5th June, 2023 (WAM) — The Emirates Red Crescent (ERC) has inaugurated several development projects in the village of Balawakh, located in the Inchiri region of Mauritania. The projects include several residential units, a six-classroom school, a mosque with a capacity of 300 worshippers, a children’s park, and a sewing centre that provides local women sustainable source of income, enabling them to be self-sufficient. A part of the ERC’s development initiatives in Mauritania, the projects also included the paving of the village roads and removing waste and debris. The opening ceremony was attended by an ERC delegation led by Hamoud Abdullah Al Junaibi, acting Secretary-General of the ERC, who is currently visiting Mauritania on various humanitarian missions, and Hamad Ghanem AlMehairi, UAE Ambassador to Mauritania, along with several Mauritanian officials. Al Mehairi affirmed that these ERC projects are part of the UAE’s global humanitarian responsibility, adding that the developmental initiatives and other humanitarian assistance provided by the UAE and the ERC embody the close relations between the leaderships and peoples of the UAE and Mauritania. For his part, Al Junaibi affirmed that these vital projects are a product of the ERC’s tireless efforts and its initiatives that seek to benefit the Mauritanian people, noting that the ERC is also closely monitoring the humanitarian situation in the country and has fulfilled the needs of targeted groups in different areas. The ERC’s programmes and projects will continue until the needs of local targeted groups are met, he further added, affirming that the ERC will exert all efforts to support them without discrimination or favouritism. Al Junaibi lauded the cooperation and effective coordination between the ERC and its Mauritanian partners in implementing these development projects.

Source: Emirates News Agency (WAM)