World’s biggest chocolate plant restarts after scare

• Zurich-based Barry Callebaut said it halted shipments and informed clients in time to prevent contaminated chocolate making its way to shops.
• It identified lecithin, added to smooth food textures, as the source of the contamination, prompting weeks of extensive cleaning.

Campaign to attract Emiratis toward private sector launched by talent council

• The campaign was launched by Emirati Talent Competitiveness Council (ETCC), which is chaired by Sheikh Mansour bin Zayed Al Nahyan and ETCC Board Chairman.
• The campaign will showcase ambitious Emiratis around the UAE working in diverse roles within the private sector.

UAE foreign ministry, ECI sign MoU to promote trade, investment

• MoFAIC and ECI agree to work together to position the UAE as an ideal destination for trade and investment
• They will highlight the UAE's stable and secure environment, investor-friendly legislation and advanced trade finance infrastructure

Tie-ups with UAE helps boost Indian farm exports by 31 percent

• Buyer-seller meets in the UAE on agricultural, food products with registered geographical indication tags helped boost India's exports
• A week-long mango festival in Bahrain, and an international buyer-seller meet in Ladakh attended by buyers from Dubai and Oman also helped

UAE issues new guidelines for real estate transactions

• The move will help the UAE’s sustainable, evolving approach to the global fight against money laundering and terrorist financing
• The decision was made following multiple meetings and discussions among the MoE, MoJ, FIU, and other competent authorities in the UAE

Bank digitization: Customers, convenience & cost

UAE provides inflation allowance to 47,300 low-income families

• The inflation allowance is provided for food, water and electricity and fuel.
• Electricity and water subsidies will be paid to eligible categories for the inflation allowance in September.

Jordan to amend General Sales Tax Law to curb tax evasion

• According to Jamal Sarayrah, head of the committee, amendments seek to bring about adherence to tax payment and reduction in tax evasion
• The committee will develop a set of recommendations on the the draft law, which would then be submitted to Senate's presidency for deliberation

Industries Qatar H1 profit up 57%

• The company’s year-on-year net profit jumped to $1.5 billion
• Earnings per share amounted to $0.24 in the first half of the year

ADNOC Distribution H1 profit is $0.27 bn

• The company witnessed year-on-year growth in total fuel volumes, up 9 percent in H1 2022 compared to H1 2021
• Its corporate fuel volumes recorded sustained growth with a 27 percent year-on-year increase, underpinned by the UAE's economic growth