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The United Arab Emirates is a federation of seven Emirates, with autonomous federal and local governments. The UAE has historically been a low-tax jurisdiction. [1] The federal government and local governments are entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax ...
Downtown Dubai at night. The economy of Dubai represents a per capita gross domestic product as of 2022 of US$46,665. [1] Dubai has substantially transformed over the last couple of decades. [2] More than 90% of the population are foreigners. [2] The International Herald Tribune described it as "centrally-planned free-market capitalism". [3]
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
According to a Walmart spokesman, it was estimated that the company would have saved $245 million in costs by opening its own bank. On March 16, 2007, Walmart announced that it had officially withdrawn its application with the Utah Department of Financial Institutions. Bud's Discount City was a unique store as retail stores go. The store chain ...
Xbox Game Pass. Game Pass is a subscription service as part of Xbox and offered by Microsoft Gaming. Launched on June 1, 2017, the service allows users to download and play video games for Xbox video game consoles or Microsoft Windows PCs from a rotating library, with the games remaining accessible as long as the user has an active subscription.
In addition to the user-facing Microsoft Store client, the store has a developer portal with which developers can interact. Microsoft takes 5–15% of the sale price for apps and 30% on Xbox games. Prior to January 1, 2015, this cut was reduced to 20% after the developer's profits reached $25,000. In 2021, 669,000 apps were available in the store.
The East African Community ( EAC) is an intergovernmental organisation composed of eight countries in East Africa. The member states are the Democratic Republic of the Congo, the Federal Republic of Somalia, the Republics of Burundi, Kenya, Rwanda, South Sudan, Uganda and Tanzania. [5] Salva Kiir Mayardit, the president of South Sudan, is the ...
Amazon shares have gained more than 20% for the year, outpacing the Nasdaq Composite's 15% rise. Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. Follow Hamza on ...
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