UAE scraps gold VAT for wholesalers - GN Headlines - video Dailymotion

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Daily headlines from the UAE and around the world brought to you by Gulf News. UAE scraps gold VAT for wholesalers, five-hour school days in Dubai during Ramadan, US special counsel Mueller has dozens of inquiries for Trump, Sonam Kapoor to wed Anand Ahuja on May 8. See more at: http://gulfnews.com/videos

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00:00Good day. Welcome to the Gulf News update for Wednesday, May the 2nd. Here are the top

00:07stories at this hour. The UAE�s jewelry retailers will receive some relief with the

00:13easing of value-added tax charges on all wholesale deals in gold and diamond. It is now up to

00:20the retailers to decide how much of their savings will be passed on to shoppers. Industry

00:26sources said even a partial cost benefit could help boost shopper sentiments after

00:32an extremely difficult four months. With about two weeks to go before Ramadan begins, government

00:38entities are already getting ready to adjust their work hours. The Knowledge and Human

00:43Development Authority in Dubai has confirmed that students will attend up to five hours

00:49of classes during Ramadan. Schools will start between 8 a.m. and 8.30 a.m. and end by 1.30

00:56p.m., it said. The special counsel leading the Russia investigation raised the prospect

01:02in March of issuing a grand jury subpoena for President Donald Trump. The comment by

01:08Trump�s former attorney confirms the extraordinary idea of Robert Mueller forcing a sitting president

01:15to testify under oath. John Dowd said that Mueller�s team broached the subject during

01:21a meeting with Trump�s legal team. Another Bollywood wedding is on the cards as Sonam

01:26Kapoor gets ready to marry Delhi-based businessman Anand Ahuja on May 8 in Mumbai. The families

01:34confirmed the news following weeks of speculation around the wedding. The families have said

01:39the wedding will be an intimate affair and have requested the media to respect the family�s

01:44need for privacy.

UAE scraps gold VAT for wholesalers - GN Headlines

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