Dubai Chamber forms Retail Business Group
UAE retail sector to expand by CAGR of 4.9% to reach $71bn by 2021 DUBAI 12 March 2018: The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group, a […]
Business
8,173 Dubai properties valued at Dh287 billion
DUBAI 11 March 2018: Dubai Land Department (DLD) has confirmed that it successfully conducted 8,173 real estate valuations worth over Dh287 billion — the highest value ever recorded — in 2017. According to a report […]
More spacious Emirates Business Class on B777
DUBAI 10 March 2018: Emirates has unveiled a brand new Business Class cabin and configuration on its Boeing 777-200LR aircraft, with new wider seats laid out in a 2-2-2 configuration for the first time. The airline […]
Consumers, you will be protected by law in Abu Dhabi
ABU DHABI 10 March 2018: The Department of Economic Development, DED, in Abu Dhabi is working on preparing a business and consumer protection strategy for the emirate of Abu Dhabi for 2018-2022, in co-operation with […]
Shindagha Heritage undergoing major rejuvenation
DUBAI 8 March 2018: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday inspected the progress of the Shindagha Heritage District project, which is part […]
Indians, Pakistanis sent Dh19 billion home last year
Accounted for 43.6% of all remittances from UAE ABU DHABI 12 March 2018: Expats remittances from the UAE amounted to Dh164.3 billion during 2017, a growth of 2.2 percent from Dh160.8 billion in 2016. According […]
Dh1,500 ‘CSR fees’ starts to be collected from businesses
AJMAN 7 March 2018: The Department of Economic Development in Ajman has begun collecting a corporate social responsibility (CSR), fee w.e.f 1st March from companies and establishments applying for or renewing their commercial license. The […]
Inflation: Prices rose by almost 5% in Abu Dhabi
Abu Dhabi’s January inflation rate hits 4.7 per cent ABU DHABI 7 March 2018: Inflation in consumer prices in the UAE capital reached 4.7 per cent in January 2018 as compared to the same month […]
Dh1.2 billion Nakheel Mall on Palm Jumeirah is 85% complete
DUBAI 6 March 2018: Construction of Nakheel Mall, the Dh1.2 billion retail and entertainment destination at the heart of Palm Jumeirah, is now 85 per cent complete, with fit out also under way at major outlets […]
Dubai – home of the rich… and the ultra-rich
DUBAI 8 March 2018: Dubai hosts the highest concentration of millionaires, multi-millionaires and Ultra High Net Worth Individuals than any other Middle Eastern city. Knight Frank lists multi-millionaires as those who have assets valued at […]