Category: BUSINESS

Through this partnership, RAK Bank’s business customers can benefit from Sage accounting software at preferential rates. This will enable the bank’s customers to manage their valued-added tax (VAT) compliance requirements. RAK Bank is one of the UAE …
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To enhance the attractiveness of Dubai as an investment destination to potential investors and to reduce the cost of doing business, Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, has ordered the municipality fees for restaurants from 10 percent …
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Sheikh Mohammed said the new legislation will support the UAE’s goal of remaining in the the highest global rankings in the ease of doing business, through an attractive economy based on flexibility, openness and in line with changing trends. #UAE cabinet …
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The mosques of Sharjah are distinctive for their eye-catching aesthetic architecture and the tourism authorities are wooing the visitors with a new focus on these beautiful monuments. Tourists and believers alike visit Sharjah for the tranquil and …
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However, it’s when the fasting is broken after sundown with the iftar meal that the big business moves are being made. Between obligatory prayers, meals and meetings in household Majilis offer prime networking opportunities for Dubai’s business elite.
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“This decree will expand the series of measures announced days earlier and aimed at supporting companies operating in Dubai, reducing the cost of doing business and attracting new investments,” he added. Today, Dubai is one of the world’s most …
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DUBAI, United Arab Emirates — War profiteers … Afghanistan in 2010 saw regulators demand that a banker turn over 18 Palm Jumeirah villas and two business properties. The brother of former Afghan President Hamad Karzai also profited from the sale …
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Business conditions in Dubai recorded a sharp improvement in May – at the fastest pace in 13 months – on the back of increased output and new orders. Key drivers to this upward momentum in the non-oil private business included travel and tourism and …
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“New project wins, Expo 2020 and forecasts of robust demand underpinned business confidence,” it said. Dubai’s economic growth slowed last year, with gross domestic product growing 2.6 per cent to Dhs389bn in 2017 compared to a growth rate of 2.9 per …
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Monica Malik, chief economist, Abu Dhabi Commercial Bank, noted that many of the recent moves by the government to improve the business environment and reduce fees are supportive of FDI. “The move to lower aviation fees in Dubai last week highlights that …
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Lieutenant Saud Al Shaiba, spokesperson for the Traffic and Patrol Department, told Gulf News that Sharjah Police issued fines to 12,871 people who were caught jaywalking in the emirate till May this year. However, only five people have been fined since …
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“DWTC’s priorities are firmly aligned with UAE Vision 2021, the nation’s economic diversification strategy and the 2017 Economic Impact Assessment is testament to DWTC’s success as a MICE entity that enhances the value of business tourism to Dubai …
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As the UAE’s flagship university, UAEU offers a full range of accredited graduate and undergraduate programs through nine colleges – Business and Economics; Education; Engineering; Food and Agriculture; Humanities and Social Sciences; IT; Law …
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At the time, it was alleged that the request was rejected due to lobbying by flag carrier Air Canada over fears that Emirates Airlines, in particular, would engage in predatory business behaviour that funnels travellers to connect through Dubai on their …
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THANKS to its enviable business climate, Dubai is fast becoming hot destination for foreign direct investments (FDIs), especially in tech industries and new technologies. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman …
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Dubai slashed aviation and municipality fees as part of initiatives aimed at lowering corporate and government charges to boost economic growth, creating jobs and making it easier to do business in the emirate. Under the new measures approved on Wednesday …
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The latest series of stimulus initiatives, including the reduction and cancellation of some government fees, which Dubai unveiled on Wednesday has been well-timed and will go a long way in fuelling economic growth and improving the business environment …
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