However, for first time offenders, UAE courts at discretion can sidestep the liable fine and prison term. Instead, levying the accused “under electronic probation and monitoring”, not allowing the use …
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Dubai Government and Developers Unveil World’s Biggest Shopping Mall
a new retail metropolis in Dubai, that will “push the boundaries of modern retail and leisure by drawing on next-generation technology”. Located in Dubai Creek Harbour, the $3.5 billion project will b…
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Dubai unveils £2billion mall the size of 100 football pitches & packed with next-gen tech
Dubai flights: Can you drink alcohol onboard a plane? Dubai Square disrupts the traditional mall and retail experience… it is where technology meets the human touch, and retail meets next-generation …
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World First Blockchain Court to Be Created in Dubai
Read More How Blockchain Can Benefit the Intellectual Property Industry Cryptech: Blockchain Technologies to Transform Dubai Real Estate Industry Amna Al Owais, chief executive and registrar, DIFC Cou…
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UAE announces Eid Al Adha holiday for banks
The Central Bank has announced Eid Al Adha service timings for national banks and major branches in the UAE. Banks will close for the Eid holidays on Monday, August 20, till Thursday, August 23. They …
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Diversification makes UAE’s economy more competitive
The UAE leads the Arab world in competitiveness as increased diversification makes its economy more resilient, according to a study by the World Economic Forum and the World Bank Group. The UAE, ranke…
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Increasing Islamic banking’s global linkage
Are you working to expand Maybank Islamic into Dubai? It’s something that we’re considering. I think for us it makes sense. We have one branch in the Middle East, it’s under our conventional bank, and …
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Dubai eyes Dh110B India trade
“Our representative office in Mumbai, which was opened earlier this month, is focusing on identifying new business opportunities in the Indian market for Chamber members, attracting Indian companies t…
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DGCX and DIEDC Partner to Strengthen Dubai’s Islamic Finance Economy
The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) today signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah …
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Dubai Chamber waives late membership fees
Dubai Chamber of Commerce and Industry (DCCI) has announced it will waive late membership fees in an effort to reduce the cost of doing business in the emirate. The measure is the latest taken by a go…
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DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO
DUBAI (Reuters) – Dubai’s DAMAC Properties DAMAC.DU, owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst qua…
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Damac CFO says company ‘holding its nerve’ amid Dubai real estate slump
Dubai’s Damac Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sa…
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‘Doing Business in the UAE Guide’ launched in London
The second edition of ‘Doing Business in the UAE Guide,’ a handbook covering basic information about the country and how to start your business in the area, was recently launched in London, UK. The bo…
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How Businesses operates in UAE
Process for Operating Business in UAE Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures, but before you start your legal formalities, you …
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UAE court adjourns bounced cheque case against Abraaj founder
This comes as Dubai-based Abraaj’s provisional liquidators seek to sell its investment management business. The criminal case in the emirate of Sharjah relates to a cheque for Dhs798m ($217.3m), signe…
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How do I start an E-commerce company in Dubai?
While to start an E-Commerce business in UAE and especially in Dubai, you are required to own an e-commerce portal license or a specific trading license from a free zone or from the mainland, whatever …
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Kazakhstan trade mission in Dubai
The event will take place tomorrow (August 14), at JW Marriott Marquis Dubai, Business Bay. From Kazakhstan’s side, large commodity producers of processed products will arrive to Dubai from following …
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