Beijing: China’s State Taxation Administration (STA) has released detailed implementation rules for foreign investors claiming tax credits on reinvested dividends, providing operational guidelines for preferential tax treatment under a recently released policy, Xinhua News Agency reported. According to Emirates News Agency, in June, China’s finance, taxation, and commerce authorities unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies. The measure, effective as of Jan. 1, 2025, and running through Dec. 31, 2028, allows unused credits to be carried forward and applies lower rates under

Gaza: Twenty-two Palestinians were martyred early Saturday morning, including 12 aid recipients and three women, by Israeli gunfire and shelling across the Gaza Strip, WAFA News Agency reported. According to Emirates News Agency, medical sources reported that 12 bodies of martyrs were brought to Al-Shifa Hospital in western Gaza City from the aid distribution area along the Netzarim axis. A family comprising a Palestinian, his wife, and his three children was killed when Israeli aircraft targeted their home in the town of Al-Zawayda in the central Gaza Strip. Three individuals from the Samour family were killed when a bomb dropped

Tokyo: Japan logged its hottest July for the third year in a row, with average temperatures 2.89 C above normal, the weather agency said Friday. According to Emirates News Agency, the average temperature was the highest since comparable records started being kept in 1898, exceeding the previous record set in 2024 by 2.16 degrees. Temperatures are expected to stay above normal in August across Japan, except in Okinawa Prefecture and the Amami Islands in the southwest, according to the Japan Meteorological Agency. On Wednesday, a temperature of 41.2 degrees was logged in Hyogo Prefecture’s Tamba City, marking the highest ever

Abu dhabi: Iraqi Prime Minister Mohammed S. Al-Sudani launched on Saturday the construction works for the first phase of the Second Beiji Gas Power Plant in Salah al-Din Province, with a total capacity of 1,014 megawatts. According to Emirates News Agency, the Iraqi News Agency (INA) quoted a statement from the Media Office of the Prime Minister, in which Al-Sudani commended the efforts made to prepare for the launch of this vital project, affirming that the energy sector is a cornerstone of any comprehensive development plan. He explained that the government has allocated the necessary financial resources to develop all

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, embarked on a historic journey aboard the Etihad Rail passenger train between Dubai and Fujairah, marking a significant milestone ahead of the train’s anticipated commercial launch in 2026. This visit underscores his commitment to overseeing strategic infrastructure initiatives that align with the UAE’s national development goals. According to Emirates News Agency, the journey highlights the pivotal phase in the development of the UAE’s national railway network. H.H. Sheikh Mohammed emphasized the Etihad Rail project as one of the UAE’s most significant infrastructure undertakings

Abu dhabi: Google has officially launched Deep Think, the latest and most advanced reasoning model in its Gemini 2.5 series, offering a refined AI experience designed to enhance logical thinking, problem-solving, and creativity. This exclusive rollout is now available to Google AI Ultra subscribers through the Gemini app, marking a major milestone in the company’s efforts to build more capable and intuitive AI systems. According to Emirates News Agency, Deep Think outperformed leading competitor models such as OpenAI o3 and Grok 4 in multiple benchmark tests. This release follows a limited testing phase and was first unveiled by the company

Abu dhabi: The sixth edition of the National Fuel Station Safety and Security Campaign is currently underway, reinforcing public awareness and best practices across the UAE. According to Emirates News Agency, the campaign is organised by the Joint Committee for Security and Safety, chaired by the Ministry of Energy and Infrastructure, in collaboration with the General Directorate of Civil Defense at the Ministry of Interior, Abu Dhabi National Oil Company for Distribution (ADNOC Distribution), Emirates General Petroleum Corporation (Emarat), and the Emirates National Oil Company (ENOC). The campaign was launched on July 26, 2025, and will run until August 31,