Dh331.1 billion banking investments in 11 months
ABU DHABI 8 January 2019: UAE banking investments were on the rise during first 11 months of 2018, amounting to Dh331.1 billion by the end of November, a growth of 6.4 per cent as compared […]
Business
New Emaar project at Dubai Creek Harbour
Palace Residences by Address Hotels + Resorts launched DUBAI 8 January 2019: Palace Residences, a five-star waterfront residence development, has been launched in Dubai Creek Harbour, being developed by Emaar. Located on the promenade, the homes […]
Kizad launches Polymers Park; projects $500 million exports
DUBAI 7 January 2019: Kizad, one of the fastest growing industrial zones in the Middle East and part of Abu Dhabi Ports, today launched Kizad Polymers Park, which will form an integral part of the […]
FTA says first year of VAT implementation is a success
ABU DHABI 6 January 2019: Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), asserted that in the first year of implementing Value Added Tax (VAT) in the UAE, the Authority registered […]
Stimulus: Dubai cuts business fines by 50%
DED implements automatic fine settlement to enhance ease of business and sustainability DUBAI 6 January 2019: The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED) has announced an automatic […]
Nasdaq Dubai welcomes $750 million DIB sukuk
DUBAI 23 January 2019: Nasdaq Dubai yesterday welcomed the listing of a US$750 million sukuk by the Dubai Islamic Bank (DIB). It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on […]
Nasdaq Dubai launches trading on MSCI UAE index
DUBAI 16 January 2019: Nasdaq Dubai announced the launch of futures trading on the MSCI UAE equity index on Tuesday, in its latest expansion of the futures market. In a press statement, the exchange explained […]
Abu Dhabi leading by example in Global Sustainability
DUBAI 5 January 2019: Abu Dhabi is playing a pivotal role in leading the global sustainability agenda by enhancing its position as a regional centre for sustainable financing and meeting the needs and opportunities of the […]
Sharjah property prices continue to head southwards
DUBAI 5 January 2019: Sharjah remains a buyer’s and renter’s market with properties at an attractive price point, according to Bayut’s H2 market report. Properties across the most popular areas in the emirate have experienced slight decreases […]
‘Goodness Courts’ for troubled debtors in Year of Tolerance
ABU DHABI 4 January 2019: The Dubai Courts is continuing the implementation of the “Goodness Courts Initiative,” in cooperation with the Emirates Islamic bank and the Islamic Affairs and Charitable Activities Department. The initiative aims […]