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Month: January 2019

Posted on 20/01/2019

Dubai economic agency seeks to promote Kuwaiti businesses

The Dubai Department of Economic Development (DED), represented by the Business Registration and Licensing (BRL) sector, and the Kuwait Business Council in Dubai and the Northern Emirates signed a mem…
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Posted on 20/01/2019

Dubai Financial Market : Potentially bullish trend reversal pattern in the Dubai Market

Although the Dubai Financial Market General Index (DFMGI) was down last week, falling by 28.84 or 1.13 per cent to end at 2,516.81, there is a pattern forming that could provide some optimism soon. Th…
( read original story …)


Posted on 19/01/2019

Lowry endures Sterne test to win Abu Dhabi Championship

(Reuters) – Shane Lowry claimed his first European Tour title since 2015 by winning the Abu Dhabi HSBC Championship on Saturday, finishing one shot ahead of South Africa’s Richard Sterne in a …
( read original story …)


Posted on 19/01/2019

UAE said to lend $300m to crisis-hit Sudan

The agreement with the UAE’s government will provide for Sudan’s needs during its “agricultural season,” the Khartoum-based al-Intibaha newspaper reported, citing people in Sudan’s Finance Ministry. I…
( read original story …)


Posted on 19/01/2019

Where to watch rare ‘Super Blood Wolf Moon’ in UAE

The total phase of this lunar eclipse is not visible in UAE, but it can be observed as a penumbral lunar eclipse in Abu Dhabi and Dubai. Join Dubai Astronomy Group to observe the year’s first Supermoo…
( read original story …)


Posted on 19/01/2019

FTA issues guidelines for foreign businesses’ VAT refund in UAE

The state may still submit a VAT refund application to reclaim VAT incurred in the UAE under this scheme, the FTA assured, outlining only three situations where VAT cannot be reclaimed. The first situ…
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Posted on 19/01/2019

Women increase their share of new Dubai business licences

The Department of Economic Development (DED) in Dubai issued 20,467 new licences during 2018 as the emirate continued to enhance its appeal as a destination for sustainable business growth. Overall, 2…
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Posted on 19/01/2019

UAE jobseeker scheme for women from developing countries set to be expanded

“It’s made such a huge difference to my life,” said Saviour Appam, who is on a six-month placement with DoubleTree by Hilton in Business Bay, Dubai, and is from the city of Ho in Ghana. “It’s an oppor…
( read original story …)


Posted on 19/01/2019

UAE issues VAT refund guide for foreign businesses

The UAE Federal Tax Authority (FTA) has outlined four conditions that would allow foreign businesses to recover value added tax (VAT) incurred in the country in a new guide on “VAT Refunds for Busines…
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Posted on 19/01/2019

UAE Federal Tax Authority issues guide on foreign business refunds

The Guide Outlines four conditions for business visitors to recover Value-Added Tax Refund applications for tax paid in 2018 can be submitted as of April 2019 Abu Dhabi: The Federal Tax Authority …
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Posted on 19/01/2019

Revealed: how much UAE consumers spend online

DAFZA had recently announced increasing the investment value in Dubai CommerCity by 18.5 percent, to around AED3.2 billion. Dubai CommerCity is divided into three clusters – the Business Cluster, the …
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Posted on 19/01/2019

‘What are the fines for overstaying on our UAE residence visa?’

We are leaving the UAE so don’t really want the hassle of a visa run. We are hoping to stay in Abu Dhabi until March 1, which would be 15 days over the 30-day allowance. Do we get an extra grace perio…
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Posted on 19/01/2019

Record Year For Dubai Business Events With 62% Boost In Delegate Wins In 2018

Dubai Business Events (DBE), the city’s official convention bureau, secured a total of 261 successful bids for meetings, conferences and incentives in 2018, which are set to attract an additional 153, …
( read original story …)


Posted on 19/01/2019

Lowry resists Sterne’s challenge in Abu Dhabi for 1-shot win

Shane Lowry won the Abu Dhabi Championship after being taken to the final hole on Saturday. The 31-year-old Lowry claimed his fourth European Tour title with a one-shot victory over South African …
( read original story …)


Posted on 19/01/2019

Shane Lowry averts disaster, wins Abu Dhabi Championship with 18th-hole birdie

At the end of a topsy-turvy final round in which he went from three ahead to four behind, then back to one ahead again, the former Irish Open champion claimed the Abu Dhabi Championship and a cheque f…
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Posted on 19/01/2019

Irishman Lowry wins see-saw Abu Dhabi battle

Ireland’s Shane Lowry won a see-saw battle with Richard Sterne, needing a birdie on the last hole to win the $7 million Abu Dhabi HSBC Championship on Saturday. Lowry held his nerves on the back nine …
( read original story …)


Posted on 19/01/2019

Jailed as a spy, freed British grad student warns of UAE repression

“You can’t let countries like the UAE go unpunished for the actions they take,” Hedges told NBC News during a visit to Washington. “There has to be an acknowledgement of the problem.” The United Arab …
( read original story …)


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