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Category: BUSINESS

Posted on 03/01/2018

UAE’s ad industry must see off another difficult year

“Any marcom firm in the UAE that is able to offer a combined set of services … “If you do the numbers, everybody believes you know your business. And if you don’t, everybody thinks they know your business better than you do.
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Posted on 02/01/2018

Pictures: Google co-founder Brin visits Dubai

The co-founder of internet giant Google has been pictured in Dubai by the emirate’s media office. Sergey Brin, who is president of Google’s parent company Alphabet Inc, was shown speaking to Dubai Crown Prince His Highness Sheikh Hamdan bin Mohammed …
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Posted on 01/01/2018

UAE’s oyster farming business thrives on ‘eat local’ movement

When Ramie Murray set out to start a business in the field of aquaculture a few years ago, his plan was to farm rock lobsters. He also threw a few oyster spats, or baby oysters, into the mix, just to see how they would do. As it turned out, the hatchery …
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Posted on 01/01/2018

Saudi Arabia and United Arab Emirates introduce VAT for first time

But governments want to increase revenue in the face of lower oil prices. The tax kicked in on 1 January in both countries. The UAE estimates that in the first year, VAT income will be around 12 billion dirhams (£2.4bn; $3.3bn). Petrol and diesel …
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Posted on 01/01/2018

New era in UAE as VAT takes effect

The UAE along with Saudi Arabia has taken the pioneering step … impact on the economic growth and inflationary pressures. As for business that are integrating VAT into their invoicing, accounting and auditing systems, it is likely to come with some …
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Posted on 30/12/2017

Abu Dhabi courts issue landmark verdicts

Ateqa Al Khateri, director of Family Prosecution of Abu Dhabi Judicial Department, told Gulf News, “Women officers are particularly required in most of the specialised cases pertaining to women and children.”
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Posted on 30/12/2017

Dubai-based private equity business launches $250m health care fund

Dubai: TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas ranging from cancer to pharmaceuticals in markets including the Gulf, Turkey, Egypt, India and Singapore, a senior executive …
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Posted on 30/12/2017

Dubai-based PE business launches $250 m healthcare fund

TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas ranging from cancer to pharmaceuticals in markets including the Gulf, Turkey, Egypt, India and Singapore, a senior executive told …
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Posted on 30/12/2017

Dubai’s Rashid Port receives four cruise ships on single day

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Posted on 30/12/2017

Arabtec wins $270m deal to build Dubai villas, townhouses

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Posted on 30/12/2017

The UAE digital workspace revolution is employee-driven

Dubai Municipality has adopted a new strategy to enhance running the city and it has to do with how its employees will drive the digital workspace. VMware, a global leader in cloud infrastructure and business mobility, unveiled its annual report into the …
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Posted on 29/12/2017

Novak Djokovic pulls out of Abu Dhabi comeback

ABU DHABI: Former world number one and 12-time Grand Slam champion … Open because of pregnancy and the birth of her first child in September. Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for …
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Posted on 29/12/2017

Can UAE businesses recover VAT on business expenses?

DUBAI: In most countries where value-added tax (VAT) has been implemented, tax paid on most business expenses can be offset (or recovered) as input tax, but some expenditures do not qualify for tax recovery. In the UAE too, some VAT outgo from businesses …
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Posted on 29/12/2017

Is Emirates’ Dubai business class lounge worth $100 to visit?

Receive 100,000 bonus Qantas or Altitude Points when you spend $5,000 on eligible purchases with a new Altitude Black credit card within 90 days of card approval. $250 first year annual fee (save $145 in first year). Offer ends 31 January 2018. T&Cs.
( read original story …)


Posted on 27/12/2017

Two journalists arrested in Abu Dhabi over racial slurs

Abu Dhabi: The Public Prosecution has ordered the arrest of two journalists from one of the media organisations in Abu Dhabi for posting racial messages on a social media site, according to the Abu Dhabi Judicial Department on Wednesday. The duo was …
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Posted on 27/12/2017

Hundreds of thousands to fly through Dubai for NYE

Dubai: As New Year’s Eve preparations kick into high gear … which are 7 kilos for economy class and 14 kilos for business and first class. Staff will be checking the weight of carry-on bags at various touch points before passengers board their flights.
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Posted on 27/12/2017

Araco begins work on Business Bay hotel project

UAE-based firm Abdul Rahim Architectural Consultants (Araco) will begin its supervisory role on a new hospitality project in Dubai’s Business Bay. Construction of the 17-floor, four-star hotel project will begin this month, adding a further 228 rooms …
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