UAE adopts UN platform to combat money criminals
ABU DHABI 24 June 2019: The UAE has become the first country in the Gulf to launch a new reporting platform developed by the United Nations Office on Drugs and Crime, UNODC, to curb organised […]
Business
Limitless developing Dh2bn project in Vietnam
DUBAI 19 June 2019: Limitless, Nakheel’s sister company, is developing the Dh2 billion, 126-hectare, tourism-focused Halong Star project through a joint venture with a Vietnamese partner. Overlooking the Unesco World Heritage Site on Vietnam’s north-east […]
DMCC offers 40% company set-up discount to JLT residents
DUBAI 18 June 2019: DMCC, Dubai’s free zone for commodities trade and enterprise, has launched an offer on company set up for residents in Jumeirah Lakes Towers (JLT) community. From June 2019, JLT residents qualify […]
UAE wealth fund acquires 10.22% stake in Du
DUBAI 17 June 2019: Emirates Investment Authority (EIA), has increased its stake in Dubai-based firm Emirates Integrated Telecommunications Company (Du). The UAE sovereign wealth fund acquired 463.263 million shares from Mamoura Diversified Global Holding PJSC […]
UAE, India to renegotiate air services agreement
NEW DELHI, India 16 June 2019: The UAE Ambassador to India, Dr. Ahmed Abdulrahman Al Banna, has met with India’s new Minister for Civil Aviation, Hardeep Singh Puri, and discussed pressing issues relating to cooperation […]
Dubai’s Jafza to offer long-term UAE visa services to firms
DUBAI 16 June 2019: Jebel Ali Free Zone (Jafza), has announced that it is offering long-term visas to its customers in a bid to attract and retain high calibre talent within the UAE. Jafza will […]
Rera intervenes to restore cooling in Dubai MotorCity
DUBAI 14 June 2019: Cooling services have been restored in Dubai MotorCity common areas after the intervention of Dubai Land Department (DLD), through its regulatory arm, the Real Estate Regulatory Agency (Rera). It said Emicool, […]
64 firms vie for 900MW 5th phase of MBR Solar Park
DUBAI 16 June 2019: Dubai Electricity and Water Authority (Dewa) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum Solar Park for 900 megawatts (MW) of electricity using photovoltaic […]
What is the average price of a home in Dubai?
DUBAI 15 June 2019: The Dubai House Price Index revealed that prices declined by 14.5% annually in May 2019, and by 1.5% month-on-month. The average house price in May was Dh2.5 million. Apartment prices remained […]
No VAT on foreign firms at Adnec shows + Tourist kiosks
Tourists to recover VAT through self-service kiosks ABU DHABI 15 June 2019: Abu Dhabi National Exhibitions Company (Adnec) announced that it has obtained Federal Tax Authority (FTA), license for waiver from Value Added Tax (VAT), […]