Airports Council International (ACI) has awarded Abu Dhabi International Airport its ‘Best Airport in the Middle East’ and ‘Best Improved Airport: the Middle East’ awards at its annual ASQ awards. As reported before, these awards are designed to …
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Abu Dhabi Fund allocates $50m for Maldives Airport upgrade
ADFD has financed development projects to the tune of AED77 billion in more than 80 countries around the world through concessionary loans and Abu Dhabi government grants. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and …
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Microsoft Expands Partnership with Mashreq Bank on Digital Transformation
Microsofttoday announced it will expand its partnership with Dubai based Mashreq Bank to drive a bold digital transformation programme within the bank’s branches and digital services. Through the programme, which builds on Mashreq’s market-leading …
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Plague outbreak: UAE issues travel warning against African country
told the state news agency Wam. She also confirmed that there are no pneumonic plague cases in the UAE. The ministry urges residents who want to continue their trip to Madagascar to report to the travel clinics affiliated with the ministry, to receive …
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Khalifa University ranked top in engineering and technology in the UAE
Tags: Khalifa University of Science, Technology and Research (www.ku.ac.ae), United Arab Emirates Khalifa University of Science and Technology focuses on a number of key sectors through its research activities, including clean energy, oil & gas, IT, among …
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School community mourns loss of Sharjah boy
Police advisory Following Monday’s tragedy, Major Abdul Rahman Khatr, director of the traffic awareness branch at Sharjah Police, told Gulf News that parents should keep a watch over their children and not allow them to play in grassy or open areas …
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British tourist facing three years jail for touching man in Dubai bar records emotional video message
A BRITISH man facing three years jail for touching another man in a Dubai bar has recorded an emotional video message. Jamie Harron, 27, was sentenced separately to 30 days for being drunk and remains trapped in Dubai while on bail for a public indecency …
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Emirates Islamic inks wasl home finance deal
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, said it has tied up with wasl Asset Management Group to offer attractive home finance facilities for its park-side freehold master development in the heart of Dubai.
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Is income tax coming to the UAE? And what will happen if it does?
According to Undersecretary of MoF Younis Haji Al Khoori, the UAE Ministry of Finance announced on Tuesday that it was still in the process of preparing the executive regulation of VAT, in coordination with the concerned authorities. The Emirates News …
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UAE yet to determine VAT rates on goods
The UAE government is still in the process of preparing the executive regulation for value-added tax (VAT) and the rates on supply of goods and/or services and exports are yet to be determined, said a top Ministry of Finance official. The UAE MoF is …
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Taxation is Coming to the Tax Free United Arab Emirates: Dubai
Products covered by the new regulations include cigarettes and alcohol. Moreover, the UAE Ministry of Finance had also announced that a Value Added Tax on non-essential goods will take effect in January 2018. The implementation rate will be at 5 percent …
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No VAT on sale and purchase of shares in UAE
On Tuesday, Dubai Financial Market saw 451.2 million shares changing hands worth Dh525.2 million. Abu Dhabi Securities Exchange witnessed 62.8 million shares trading worth Dh100.6 million. As part of the wider Gulf Cooperation Council agreement …
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The Debt Panel: ‘I left the UAE without paying Dh170,000 in loans but the banks won’t help me return’
On this panel this week: Kunal Malani, head of customer value management, UAE and Mena at HSBC Middle East; Keren Bobker, an independent financial adviser with Holborn Assets and Michael Routledge, the founder of the debt advice site savememoney.ae.
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Dubai Financial Market : Deyaar’s stock hits highest level in 3M early Tuesday
Dubai – Mubasher: Deyaar Development’s stock on Tuesday registered its highest level in three months, or since 20 July’s trading session by 11:00 am UAE time. The stock rose 1.12% to AED 0.541 after 23.68 million shares were exchanged, through 188 …
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Dubai Financial Market : Mashreq Bank’s stock inches up 0.14% on DFM early Tuesday
Dubai – Mubasher: Mashreq Bank’s stock increased 0.14% to reach AED 74, after 22,560 shares were exchanged, through two transactions, with a turnover of AED 1.66 million on the Dubai Financial Market (DFM) on Tuesday by 11:15 am UAE time. The stock of …
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Victorian Trystan Sammut competes in WorldSkills in Abu Dhabi
The 20-year-old Victorian has to be millimetre perfect, with any discrepancy costing him points at this week’s “tradie Olympics” in Abu Dhabi. The gruelling competition challenged brickies to build a model house exterior, fireplace with hearth and a …
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Dubai Introduces The World’s Largest Solar Park
Government of Dubai approved a 700-MW extension to the Mohammed bin Rashid Al Maktoum Solar Park. It will give additional capacity of 5,000 MW by 2030, with a 260-m solar tower to take center stage. The solar park sits around 50 km south of Dubai and its …
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