How much money is there with public in UAE?
Outside of UAE-based banks cash amounts to Dh67.5 billion ABU DHABI 20 January 2018: Ever wondered how much cash is floating around in the UAE – and that too outside the banking system? Well, funds in […]
Business
Uptown Dubai raft foundation contract to HLG
DUBAI 17 January 2018: DMCC, master developer of Jumeirah Lakes Towers (JLT) and the much anticipated Uptown Dubai, announced that Dubai based contractor, HLG is to build the concrete raft foundation for one of Uptown […]
Dubai to build island in the Gulf to store electricity
DUBAI 17 January 2018: Dubai Electricity and Water Authority (Dewa) has signed a Memorandum of Agreement (MoA) with GCC Interconnection Authority (GCCIA) and Belgian Dredging, Environmental & Marine Engineering Group (Deme). The MoA aims to […]
9 hacks to customize your rented home in UAE
DUBAI 15 January 2018: It is hard to get comfortable in a rental, especially if you just moved in. There are, however, a couple of things that you can do to make yourself feel more […]
Masdar City to test latest driverless concept cars
ABU DHABI 16 January 2018: Masdar (Abu Dhabi Future Energy Company), Iconiq Motors, a China-based electric vehicle company, and its strategic partner Safe City Group yesterday signed a Memorandum of Understanding to test the latest autonomous […]
UAE sees drop in mobile phone connections…
Even as Fixed Line and Web connectivity grows DUBAI 15 January 2018: Are UAE residents tiring of mobile phones as their favourite gadget? Active mobile phone connections in the UAE fell last year after peaking […]
New beachfront community coming up in Abu Dhabi
ABU DHABI 13 January 2018: Miral has announced the development of a new, vibrant beachfront community located on Abu Dhabi’s Corniche. Due to open in first quarter of 2018, the A’l Bahar project will help to deliver […]
Here’s how non-registered businesses can import VAT goods
DUBAI 15 January 2018: The Federal Tax Authority (FTA) has clarified import procedures for non-registered businesses, adopting the e-Dirham system for payments and e-Guarantee to provide guarantees, to ease processes for non-registered importers. Non-registered businesses […]
VAT cannot be charged in UAE ‘free zones’
Confusion over VAT’s ‘designated zones’ in UAE clarified DUBAI 14 January 2018: The UAE Ministry of Finance has clarified the details of Cabinet Decision No. (59) of 2017 on Designated Zones for the purposes of the […]
Search for UAE’s ‘happiest office’ picks up pace
Get your application in before January 18 DUBAI 14 January 2018: The race for the inaugural edition of ‘Happiness at Work’ award in the UAE continues and applications will be accepted from private sector organisations until […]