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Posted on 01/08/2017

Shifting houses within Dubai? No need to pay fresh Dewa deposit

Customers can transfer their deposit and data, when moving from one property to another, within Dubai, by submitting an Ejari contract, without the need to submit any additional documents, or visit Dewa offices. The new service enables customers to …
( read original story …)


Posted on 01/08/2017

Dubai’s DEWA allows movers to activate utilities without visiting its offices

Under the ‘move to’ service, all residential, commercial and industrial customers can transfer their current DEWA account, deposit and data from one property to another within Dubai by just submitting an Ejari contract. No other documents are required …
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Posted on 01/08/2017

At Dubai’s new market, this fish cutter is a role model

Dubai: In 2008, Abdul Raheem quit his fish cutting job at the … so much so that he had to sell his property units back home to get his business back on track. “Initially, I did well, but like all businesses you have your share of highs and lows.
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Posted on 01/08/2017

Gemini Group, SPF Realty join hands to promote projects and attract foreign investment into Dubai

Gemini Property Developers, a boutique real estate developer, has signed long term agreement with SPF Realty, Dubai’s leading real estate brokerage firm, to market and sell Gemini projects in and outside the UAE. Over the years, SPF Realty, with a proven …
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Posted on 01/08/2017

Deyaar launches blood donation campaign

DUBAI: Deyaar Development, a leading property developer, has launched a blood donation drive in collaboration with Dubai Blood Donation Centre. The first blood drive has already been held at the company’s headquarters in Al Barsha, and the second follows …
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Posted on 01/08/2017

SPF Realty to market Gemini projects

Gemini Property Developers, a boutique real estate developer in the UAE, has signed a long-term agreement with SPF Realty, a leading real estate brokerage firm in Dubai, to market and sell Gemini projects in and outside the UAE. The arrangement covers the …
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Posted on 01/08/2017

Dubai’s DFSA launches crowdfunding framework

The Dubai Financial Services Authority (DFSA) has today launched its regulatory framework for loan and investment-based crowdfunding platforms, the first such framework in the GCC countries. The regime forms part of the DFSA’s regulatory roadmap to …
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Posted on 01/08/2017

Sharjah partially closes road intersection

Dubai: If you’re driving around the city of Sharjah, watch out for partial road closures near the airport. The Roads and Transport Authority (RTA) in Sharjah have started carrying out maintenance works on the Sharjah – Al Dhaid Road, near Sharjah …
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Posted on 01/08/2017

UAE issues new tax procedures law ahead of VAT

UAE Minister of Finance and FTA chairman. It is an “all-encompassing legislative framework that lays the groundwork for the UAE’s plan to implement taxes as a means to ensure sustainability and diversify the government’s revenue streams,” he said.
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Posted on 01/08/2017

UAE President issues new Tax Procedures Law

UAE Minister of Finance and FTA Chairman. “The Law, issued by Shaikh Khalifa is an all-encompassing legislative framework that lays the groundwork for the UAE’s plan to implement taxes as a means to ensure sustainability and diversify the government …
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Posted on 01/08/2017

UAE- Al Adil enters e-commerce fray

The UAE’s leading brand for Indian foodstuff launched its online … Period. My interests are Economics, Finance and Information Technology. Prior to joining Khaleej Times, I have worked with some leading publications in India, including the Economic …
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Posted on 01/08/2017

ASIC signs agreement with UAE regulator to support fintech expansion opportunities

The Australian Securities and Investments Commission (ASIC) has signed an agreement with the United Arab Emirates’ Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA), which outlines how both nations will collaborate to support …
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Posted on 01/08/2017

Shuaa Capital buys stake in Amwal International

Dubai: Shuaa Capital said on Monday it has acquired an 8 per cent stake in Kuwait-based Amwal International Investment for an undisclosed sum. Shuaa now owns 14.49 million shares in Amwal International. Furthermore Gulf Finance Corporation, a Shuaa Capital …
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Posted on 01/08/2017

Chinese companies move to Abu Dhabi industrial zone

Dubai International Financial Centre (DIFC), the leading financial hub for the $7.4 trillion Middle East, Africa and South Asia (Measa) region, has announced that in the first half of 2017 it has gro Abu Dhabi Ports inks agreement with Chinese to develop …
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Posted on 01/08/2017

Abu Dhabi Ports signs $300 million investment cooperation agreement with China for manufacturing in Khalifa Port Free Trade Zone

Under the terms of the agreement, China-UAE Industrial Capacity Cooperation Construction … creating over 1,400 jobs, broadening the financial and physical scope of the zone while bolstering its ties to the “Belt and Road” initiative.
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Posted on 01/08/2017

Three UAE start-ups among first to scoop Expo Live grants

Abu Muadh, Founder of Smart Labour, said, “There are 2.2 million blue collar workers in the UAE and about 16.5 million workers in the Middle East, most of them are not connected to the smart world and are only using technology for entertainment purposes …
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Posted on 01/08/2017

solar powered smart palm trees provide dubai with WIFI & charging points

the ‘smart palm’ project follows six main functions; WIFI hotspot – when visitors are within the vicinity of the installation, internet is freely available; security and emergency features – each unit is equipped with a 360 degrees infrared CCTV …
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