DUBAI 1 June 2020: Abu Dhabi Fund for Development has launched a Dh1 billion initiative to support national companies during the Covid-19 pandemic. The initiative, which lasts for the duration of 2020, provides concessionary loans […]
RAS AL KHAIMAH 1 June 2020: Ras Al Khaimah Economic Zone (Rakez), has announced that it has introduced holding company set-up for investors in Ras Al Khaimah. According to a press release issued by Rakez, […]
Landmark ruling on Shari’a compliant contracts DUBAI 31 May 2020: A recent judgment by the Dubai Court of Cassation has concluded that for a contract to be Shari’a compliant, an Islamic bank or financial institution […]
RAS AL KHAIMAH 31 May 2020: The Government of Ras Al Khaimah has announced the launch of a comprehensive integrated stimulus and incentive package. Covering every sector involved in economic activities, including tourism, government services, […]
DUBAI 28 May 2020: Union Properties has announced that one of its wholly-owned subsidiary, has initiated arbitration procedures to claim approximately Dh1.5 billion owed. The claim is related to construction work for a significant project […]
ABU DHABI 27 May 2020: The Federal Tax Authority (FTA), has issued a decision to postpone the implementation of the ban on supplying, transferring, storing, and possession of water pipe tobacco – known in Arabic […]
DUBAI 26 May 2020: Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) held a virtual meeting with key aviation and hospitality partners to discuss current and post-pandemic strategies and joint initiatives aimed at ensuring […]
ABU DHABI 25 May 2020: The Department of Culture and Tourism – Abu Dhabi has detailed guidelines for the reopening of the emirate’s hotels and for granting approvals to reopen restaurants, lounges, bars, beaches, pools […]
DUBAI 24 May 2020: Dubai Land Department (DLD), has successfully introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions for their properties remotely from anywhere in […]
ABU DHABI 21 May 2020: Etisalat Group announced on Wednesday the resignation of Saleh Al Abdooli as the group’s Chief Executive Officer. In a statement, Etisalat Group cited “personal reasons” for Al Abdooli’s resignation, adding […]