Both acquired for cash consideration of US$405 million DUBAI 19 September 2017: DP World Limited announced that it has entered into agreements to acquire Maritime World LLC, the 100% owner of Dubai Maritime City (DMC), for […]
DUBAi 18 September 2017: DP World announced that the company has reached a decision not to renew its operating contract for PT Terminal Petikemas Surabaya (TPS) in Indonesia at the end of the agreement in 2019. […]
SHARJAH 18 September 2017: Sharjah Holding PJSC, a partnership between Majid Al Futtaim Properties and Sharjah Asset Management Holding, on Sunday announced the launch of the second phase of Al Lilac Neighbourhood in Al Zahia, Sharjah’s […]
ABU DHABI 18 September 2017: The UAE Excise Tax, due to go into force effective 1st October, shall be collected in e-Dirham only, the Federal Tax Authority (FTA) has announced. The move goes in line with […]
DUBAI 17 September 2017: The Dubai Financial Services Authority (DFSA) has warned the investing public to treat any cryptocurrency offering as ‘high-risk’. “The DFSA wishes to highlight that these types of product offerings, and the systems […]
ABU DHABI 17 September 2017: The United Arab Emirates (UA)E, has been ranked the most attractive destination for Foreign Direct Investment (FDI), among Arab countries in 2016, accounting for 29 per cent, or US$9 billion, of […]
DUBAI 17 September 2017: When I finally caught up with him in his office, Janardan Dalmia, told me simply: “I want to be the biggest”. He was earnest – and it was not surprising for […]
Taxable businesses and individuals have to register via FTA website Abu Dhabi 17 September 2017: Businesses which are liable for Excise Tax – implemented from next month in the UAE – can start registering on the Federal […]
DUBAI 13 September 2017: Not only is it situated at the top of the tallest private residence on The Palm, the costliest penthouse in Dubai comes with rooftop swimming pool after buyer’s bespoke request and is […]
Taxable businesses have to register via FTA website Abu Dhabi 15 September 2017: Businesses which are liable for Excise Tax – implemented from next month in the UAE – can start registering on the Federal Tax Authority (FTA) […]