How you can choose the best bookkeeper in Dubai
DUBAI 15 November 2020: A bookkeeper is similar to an umpire in a cricket match, who judges and acts according to what he observes and studies. The decision taken by the umpire affects the end […]
Business
Fitch assigns -AA, Outlook Stable rating for the UAE
ABU DHABI 12 November 2020: Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook. The move reflects the creditworthiness of the federal […]
Green Shoots? Dubai mortgage applications rising
DUBAI 12 November 2020: An increased amount of mortgage applications is causing the pre-approval process to take up to ten days longer than usual, and in some cases, leading to buyers missing out on properties, […]
Work on phase two of Mina Zayed re-development starts
ABU DHABI 11 November 2020: The Department of Municipalities and Transport (DMT), has launched phase two of a comprehensive renovation plan to redevelop designated areas of the iconic Mina Zayed area, and transform it into […]
Changes to Law on Evidence in Civil and Commercial cases
DUBAI 10 November 2020: The UAE Cabinet held a meeting, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to approve the […]
UAE oil reserves reached 97.8 billion barrels in 2019
ABU DHABI 9 November 2020: The UAE’s overall crude oil reserves reached 97.8 billion barrels in 2019, according to figures released yesterday by the Federal Competitiveness and Statistics Authority (FCSA). The figures showed that the […]
UAE Bankruptcy Amendments: Blame it on covid
DUBAI 9 November 2020: The recent radical amendments to the UAE Bankruptcy Law, offer distressed debtors with some level of leniency during these times of economic uncertainty and market disruption caused by circumstances outside of […]
DFSA enforcement action against Al Masah upheld
DUBAI 8 November 2020: The Financial Markets Tribunal (FMT), a specialist independent tribunal, has affirmed a decision by the Dubai Financial Services Authority (DFSA) to take enforcement action against two firms and three individuals for […]
Nearly two-thirds admit to opening suspicious emails
DUBAI 7 November 2020: Mimecast Limited), a leading email security and cyber resilience company, released new research which highlights the risky behavior of employees using company-issued devices. More than 1,000 respondents in countries throughout the […]
Work on Phase 1 of Dibba Fujairah Port picks up pace
FUJAIRAH 6 November 2020: H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, directed relevant authorities to accelerate the pace of work on Phase I of the development of Dibba […]