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Category: BUSINESS

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…
( read original story …)


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, …
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Posted on 17/01/2019

Dubai says event bid wins worth $330m in 2018

Throughout 2018, Dubai submitted 557 business event bids, up from 354 in 2017, and among the wins awarded were those for bids submitted in previous years. Dubai Business Events (DBE), the city’s offic…
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Posted on 17/01/2019

UAE grants first set of long-term visas to 20 scientists, researchers

The UAE government has granted the first batch of long-term visas to 20 scientists who were the winners and finalists of the Mohammad Bin Rashid Medal for Scientific Excellence. The announcement …
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Posted on 17/01/2019

Dubai’s non-oil economic growth slows in December

according to new data from the Emirates NBD Dubai Economy Tracker Index. Despite the growth, the statistics show that new business increased at the second-slowest rate in more than two years, with inf…
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Posted on 16/01/2019

UAE CEO Survey shows executives largely upbeat despite regional tensions and global turbulence

UAE. Confidence remains broadly high among the executives interviewed for the latest edition of the Business Barometer: UAE CEO Survey, carried out by Oxford Business Group (OBG), even though they fac…
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Posted on 16/01/2019

Dubai targets larger events and reports $330m meetings impact

Dubai is targeting larger-scale business events and says its 2018 wins are set to deliver AED1.2bn (US$330m) in economic impact over the coming years. The emirate’s CVB, Dubai Business Events (DBE), s…
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Posted on 16/01/2019

Dubai’s non-oil private sector growth eases in December

Dubai’s largest bank said in a report that although total activity continued to rise at a strong overall pace, new business increased at the second-slowest rate in over two years and employment remain…
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Posted on 15/01/2019

Dubai developer plans new projects as new shareholders join

but will also bring years of expertise in real estate development business,” he added. Virtue said it is currently planning to develop one hotel and one residential building within the land bank of Du…
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Posted on 15/01/2019

Dubai Chamber hosts Kiribati president in effort to boost bilateral ties

High-level Kiribati delegation led by H.E. Taneti Maamau met with Dubai Chamber officials today to discuss bilateral business opportunities H.E. Buamim: Dubai is an ideal re-export hub for Kiribati pr…
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Posted on 15/01/2019

UAE telco du reveals plans for health blockchain solution

UAE telecoms operator du has announced plans … Jihad Tayara, vice president of Business Development and Partnerships at du, said: “BPaaS provides immense scalability, compatibility and cost …
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Posted on 15/01/2019

UAE launches key initiatives to boost real estate demand: report

With conditions remaining soft across most sectors of the UAE’s real estate market in 2018, the government launched a number of new initiatives to boost demand. In the year ahead, market performance w…
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