and 10 fils — but even some big supermarkets and banks in Dubai, Gulf News can reveal. The issue of not getting the small change back is getting public attention when the five per cent Value Added Tax (VAT) was introduced on January 1 in the UAE.
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UAE seeks shawarma karma
DUBAI: UAE standards chiefs have taken aim at the region’s … and to protect the community from the risk of exposure to unsafe food, state news agency WAM reported. Workers handling the meat should “have a valid health certificate, be free from …
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More power to the UAE
Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 years with Khaleej Times. A post-graduate in English and …
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UAE markets off to a very strong start
2018 is off to a strong start with UAE markets spiking off lows during the shortened three-day trading week due to the New Year’s holiday. Oil was supportive of bullish investor sentiment and completed the week strong for the third week in a row.
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Dubai SME receives 456 entries from 10th Mohammed bin Rashid Award for Young Business Leaders
Dubai: Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced on Saturday that it has received 456 entries for the 10th Mohammad Bin Rashid Award for Young Business Leaders. Of those, 251 are from …
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Police surprise birthday celebrators at Dubai airport
Dubai: Passengers arriving at Dubai International Airport and whose birthday was on Saturday were surprised to be greeted by Dubai Police at the plane’s door. Police then escorted those passengers to passport control, easing arrival procedures, before …
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Abu Dhabi To Host International Conference On Diplomacy, Security
The International Institute for Cultural Diplomacy – Abu Dhabi, IICD, will organise, on Sunday, an international conference, titled, “The New Nexus: Diplomacy, Security, and the Digital State.” “The conference will examine the nature of and inter …
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52.9m travelled through Dubai ports last year
Dubai: More than 52.9 million passengers travelled through Dubai ports last year, according to a report issued by the General Directorate of Residency and Foreigners Affair (GDRFA) – Dubai. Of them, some 49.9 million used Dubai International Airport, an …
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Bombardier to showcase Global 7000 business jet in Dubai
January 4, 2018: Bombardier along with Dubai’s Jetex Private Terminal will be hosting a mockup of the Global 7000 aircraft between January 8 and 31. According to reports, the full-size mock-up will make its debut in the Middle East to showcase the aircraft …
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Abu Dhabi Residential Rents Decline 2017
According to property portal Bayut, Al Reem Island is the most in-demand area among Abu Dhabi tenants this year with studios, 1-beds and 2-beds commanding AED 60k, 82k and 120k, respectively, (14% decline from 2016). Mohammed Bin Zayed City is the most …
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Top 8 VAT tips for UAE Entrepreneurs to avoid costly penalties
Here are Thaker’s Top 8 Tips for UAE entrepreneurs to help SME business owners avoid financial penalties that may be imposed due to violations, errors and incorrect record-keeping: Read: Saudis greet New Year angry at Qatar, living conditions …
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Dubai takes a step back in to the Internet dark ages with Skype ban.
Both Etisalat and Du telecom, the two providers of telecoms communication within the UAE have blocked the use of Skype and other VoIP software. Users report that pretty much all VoIP technology has been blocked, including Discord, TeamSpeak, Facebook …
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Saudi Aramco IPO a step closer as decree creates new corporate structure
DUBAI: Saudi Arabia has taken a crucial step in its plans to … “As a customary step in the preparation process for a Saudi initial public offering (IPO), Aramco has been registered and converted from a royal decree company to a joint stock company.
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Mashreq Neo: UAE’s new bank offers fresh experience for digital natives
Mashreq Neo is the new full-service digital-only bank for customers in the UAE. This newest bank is the child of the UAE’s oldest: Mashreq Bank, which has 50 years of experience providing award-winning financial services in the country. Mashreq’s Head …
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Abu Dhabi Ports looks to the East for growth
Abu Dhabi Ports and COSCO Shipping Ports Limited (CSP … “There are two types of port, transhipment ports and gateway ports,” he said during a news conference. “COSCO will use Port Khalifa as a transhipment hub, and possibly as a gateway port …
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Mashreq Bank: Digitisation mustn’t leave face-to-face customers behind
Mashreq Bank celebrated its 50th anniversary in 2017. It’s the UAE’s oldest bank, and has been innovating throughout its history, achieving a number of notable firsts in expanding financial services in the country. Head of Retail Banking Subroto Som …
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How Gulf News readers helped a safety supervisor
He now wishes to come back to the UAE to work. He said he and his entire family are thankful to the Indian Consulate, Gulf News and its kindhearted readers who supported him, as well as to his fellow professionals and Firoz Merchant. “They have saved two …
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