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Month: March 2019

Posted on 27/03/2019

Dubai tenants drive down rents

In its March Dubai Economy Tracker, Emirates NBD, a local bank, reported that employment was falling faster than at any time since the survey began in 2010. Jason noticed the lay-offs soon after he …
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Posted on 27/03/2019

UAE- Business visitors to get VAT refund from April

(MENAFN – Khaleej Times) The Federal Tax Authority has completed preparations to launch the “VAT refunds for business visitors scheme” from April 2. Following a meeting of FTA Board of Directors …
( read original story …)


Posted on 27/03/2019

UAE world’s top hot-spot for hundreds of…

This was released ahead of this year’s AIM Startup, an initiative of UAE Ministry of Economy’s National Programme for Small and Medium Enterprises and Projects that aims to connect promising startups …
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Posted on 27/03/2019

Daybreak: U.K. Tries to Break the Brexit Deadlock. (Podcast)

In today’s Dubai Daybreak podcast, we cover the biggest stories that happened overnight. The U.K. Parliament will try to break the Brexit deadlock with votes on alternatives to Theresa May’s deal. A …
( read original story …)


Posted on 27/03/2019

Technology to turn scarcity into abundance

Wherever you see scarcity, think of abundance, and the key to turning scarcity into abundance lies in technology, said entrepreneur and futurist Dr. Peter H. Diamandis at the inaugural Abundance 360 …
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Posted on 27/03/2019

Business visitors to get VAT refund

The Federal Tax Authority has completed preparations to launch the “VAT refunds for business visitors scheme” from April 2. Following a meeting of FTA Board of Directors chaired by Sheikh Hamdan bin …
( read original story …)


Posted on 27/03/2019

Over 500 performers to stage ‘1001 Nights’ in Sharjah

SHARJAH: Sharjah is gearing up to take live entertainment to new heights with a new and original theatre production titled ‘1001 Nights: The Last Chapter’, which will be the largest-of-its-kind the …
( read original story …)


Posted on 26/03/2019

What Dubai’s ruler thinks of Uber’s $3.1bn deal for Careem

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Tuesday … Careem co-founder and CEO Mudassir Sheikha will lead the Careem business, which will report to its own board made up of three …
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Posted on 26/03/2019

Dubai developer secures $40m financing for new hotel fit-out

The Opus by Zaha Hadid in Downtown Dubai. Ultra-luxury developer Omniyat has announced that it has secured a financing of AED150 million ($40.8 million) from Mashreq Bank for the fit-out of a hotel in …
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Posted on 26/03/2019

Dubai bank provides $41m for Meliá hotel within Zaha Hadid’s The Opus

Dubai real estate developer Omniyat has secured funding worth $40.8m (AED150m) from the UAE’s oldest privately-owned bank, Mashreq, to implement fit-out works for a hotel within the Zaha …
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Posted on 26/03/2019

Nasdaq Dubai welcomes $750mln bond listing by Emirates Development Bank

DUBAI – The newly appointed Chief Executive Officer of Emirates Development Bank, EDB, Faisal Aqil Al Bastaki, rang the market-opening bell today to celebrate the listing of a US$750 million …
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Posted on 26/03/2019

Dubai’s Landmark reveals solar power expansion plan

Dubai’s homegrown retail and hospitality conglomerate, Landmark Group, has revealed ambitious plans to expand the use of solar systems to power its warehousing facilities. The company has installed …
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Posted on 26/03/2019

Sharjah FDI Office hosts first Sharjah-Sweden Business Roundtable

For more information, please visit www.investinsharjah.ae or you can contact +971 6 556 0444. For the latest news on Invest in Sharjah on social media, follow @investinsharjah on Twitter and Instagram …
( read original story …)


Posted on 26/03/2019

Uzbekistan, UAE agree to enhance trade-economic, investment cooperation

President of Uzbekistan said that the United Arab Emirates has created a miracle in the desert within a historically short period of time – fifty years – to become one of the global centers of economy …
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Posted on 26/03/2019

Sharjah to host the biggest ‘1001 Nights: The Last Chapter’

Sharjah: Sharjah is gearing up to take live entertainment to new heights with a new and original theatre production titled ‘1001 Nights: The Last Chapter’, which will be the largest the world …
( read original story …)


Posted on 26/03/2019

Gulf News journalist wins award

Ramachandra Babu, senior illustrator with Gulf News, received C.K Chandrappan Memorial Award 2019 at a glittering ceremony at the Indian Association – Sharjah on Friday. Image Credit: Supplied …
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Posted on 26/03/2019

Dubai to Allow Schools to Raise Fees After Freezing Last Year

Read more: Second-Biggest Arab Economy Quickens Steps to Boost Growth Dubai, the Middle East business hub froze schools fees last year as part of measures aimed at curbing rising costs. GEMS Education …
( read original story …)


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