This initiative will foster a competitive climate for business establishment, enhance the flexibility of economic and commercial activities, and support the consolidation of the UAE’s position as a …
New move to attract Dh650b of foreign direct investments to Dubai by 2033
New Dubai Economic Model to measure Dubai’s development against its economic targets Abu Dhabi: A new Foreign Direct Investment Development Programme was approved to attract Dh650 billion of …
Sharjah: Residents evacuated after fire breaks out in residential building
A fire broke out in a residential tower on Jamal Abdul Nasir Street in Sharjah on Sunday afternoon. The entire building was quickly evacuated as several civil defence, ambulance, and police teams …
Tenants flee Sharjah apartment block fire
Residents abandoned their Sharjah apartment block on Sunday after a fire swept through the 12-storey building. The blaze is understood to have broke out at about 1pm on the fifth floor of the building …
Dubai real estate to see steady growth as more serious buyers invest in local markets
Follow KT on WhatsApp Channels. Experts in the industry say that property market has moved beyond the boom-bust cycles as it has now become a more mature and regulated sector. “Dubai’s real estate …
Dubai real estate to see steady growth as more serious buyers invest in local markets
Follow KT on WhatsApp Channels. Experts in the industry say that property market has moved beyond the boom-bust cycles as it has now become a more mature and regulated sector. “Dubai’s real estate …
Gold prices in Dubai Today Sunday, June 30, 2024
ALBAWABA – Gold prices in Dubai, the United Arab Emirates (UAE … noting that gold in the UAE is subject to a 5% value-added tax (VAT).
Dubai: Drugs worth millions seized, smuggling attempt foiled using latest technology
To keep the country free from the scourge of illicit drugs, Dubai Customs announced 1,273 seizures at land, sea and air borders, using drones and other latest technologies that shorten inspection time …
DIFC Square breaks ground on near 1mln sq.ft. development to meet growing demand for high-quality office spaces
Dubai, UAE: Dubai International Financial Centre (DIFC), the … Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture …
Abu Dhabi’s social media influencer licence deadline explained
Starting from July 1, the Abu Dhabi Department of Economic Development (ADDED) has mandated that all businesses and social media influencers must obtain appropriate licences to participate in …
Dubai Customs seize 1,274 drug shipments in past year, including heroin, marijuana, Captagon and $310m Meth shipment
Dubai Customs has announced 1,273 drug seizures at land, sea and air border ports across the emirate. As part of the International Day Against Drug Abuse and Illicit Trafficking, Dubai Customs …
UAE announces fuel prices for July 2024: Petrol prices decrease, diesel slightly up
which is chaired by the UAE’s Ministry of Energy. This committee includes representatives from the energy and finance ministries and the CEOs of Adnoc Distribution and Emirates National Oil Company.
TrueLayer: Fintech unicorn boss says ‘scale is everything’ as he takes on Visa and Mastercard
The chief executive of fintech unicorn TrueLayer has suggested bottom-line profitability … “The funding environment is way tighter than what it used to be, so clearly the ability of companies to …
Special Dubai food festival for mango lovers
On the other hand, Kovalam restaurant will feature tangy mango scallion soup, zesty mango mustard salad, golden mango delight, tropical mango rice, mango manchati curries and mango delight kheer. If …
Dubai: Rolex watch for Dh320? Facebook post lures buyers with huge discount in an online scam
The post claims that the Rolex store at Dubai Mall is temporarily closed due to overwhelming crowds … Rolex’s official website and can be delivered free of charge across the Emirates through a link.
UAE petrol price changes for July 2024 – and it’s great news for motorists
For the second consecutive month, UAE petrol prices have dropped which will be welcome news for motorists in the country. Prices for petrol have decreased but the cost of UAE diesel per litre has …
Revealed: The cutting-edge technologies helping Dubai Customs foil sophisticated drug smuggling bids
AI, drones aided inspectors make 1,273 seizures at borders and sea and air ports in 2023 Over 230kg of hashish found hidden deep inside a ship thanks to endoscopic technology used by customs …