He said the recent introduction of economic substance rules in the UAE should not be taken as any sort of indication that it intended to introduce corporation tax. “Economic substance was introduced …
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DIFC, Dubai FDI to jointly stimulate investment
… of Dubai whose mission is to stimulate and sustain foreign investment in Dubai. Its mission is consistent with DIFC’s focus to drive the future of finance by attracting leading companies and …
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Dubai Summer Surprises: Sales, shows and other exciting activities this weekend
City Centre Deira); Al Futtaim Group (Dubai Festival City Mall); Nakheel Malls (Ibn Battuta Mall, The Pointe, Nakheel Mall, Dragon Mart 2); Al Zarooni Group (Mercato Shopping Mall); Meraas (City Walk, …
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Dubai-Headquartered Fixerman’s First-Of-Its-Kind Solar-Powered Mobile Repairing Services Witness Surge In Demand During The Coronavirus Pandemic
Despite the uncertainties that came with the pandemic, Fixerman’s demand nearly doubled during the lockdown period. The founders attribute this to an increased use of technological gadgets due to the …
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Sharjah Crown Prince approves conversion of some villas into nurseries
Dr Tariq Sultan bin Khadem, Chairman of the Sharjah Human Resources Directorate, SHRD, and Chairman of the Higher Committee for Human Resources, referred to the numbers of meetings held by the …
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Sharjah Civil Defence teams put out fire in Al Taawun twin towers
The Sharjah civil defence teams successfully managed to put out a fire in Al Bandary Twin Towers in Sharjah. Police operation team had received a call about the fire on 11th of July, and accordingly …
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UAE telcos report lower second-quarter revenues due to decreased mobile usage
Telecom operators in the UAE – Etisalat and du – reported lower second-quarter revenues as voice and data traffic shifted from businesses to residential lines and from outdoor to indoor usage due to …
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MIDEAST STOCKS-Emirates NBD Bank leads Dubai higher; Egypt extends gains
Dubai’s stock market ended higher on Tuesday, led by gains for Emirates NBD Bank ENBD.DU after the emirate’s biggest lender received regulatory approval to increase its foreign ownership limit. The …
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Dusty weather in Dubai, Sharjah reduces visibility
Dusty weather drastically reduced visibility in parts of Dubai and Sharjah on Tuesday afternoon. The dust storm, which was seen in Sharjah’s Al Nahda area, and Dubai’s Mirdif and Al Quoz among other …
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Sharjah Police recover body of drowned teenager in Kalba
The body of a young boy who went missing at sea has been found by Sharjah Police after a 10 hour search operation. The Emirati, 17, disappeared on Sunday evening while swimming at the beach in Kalba, …
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Poor visibility affects motorists, residents as dust storm engulfs Sharjah
Sharjah residents experienced a dust storm with partly cloudy skies on Tuesday afternoon. Traffic crawled on many roads of the city, as people stayed indoors due to the unstable weather. Residents …
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UAE weather: Harsh winds, dusty skies and chance of rainfall in Dubai, Sharjah, Al Ain
Jebel Ali and Sharjah residents are also experiencing unstable conditions. Such conditions are expected to last till sunset, returning on Wednesday at around 12pm till the evening. Due to the …
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Dubai-Headquartered Emaar Eliminates Job Titles For All Personnel, Including Founder Mohamed Alabbar
In an email sent to staff, this move toward holacracy within the organization, while precipitated by the ongoing COVID-19 crisis, is being done to reiterate the company’s “focus on talent, not titles.
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MIDEAST STOCKS-Dubai shares rise on Emirates NBD boost; other markets mixed
The Dubai stock market rose sharply on Tuesday, buoyed by gains in its top bank Emirates NBD’s ENBD.DU shares after receiving regulatory nod to increase foreig …
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Sharjah Shopping Promotions 2020 launches tomorrow
Shoppers are in for a treat as tomorrow will mark the launch of the “Sharjah Shopping Promotions 2020”, the largest of its kind shopping campaign across the emirate. The month-long event is organized …
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Here’s why you need to visit the Depachika food hall at Nakheel Mall
What’s inside Depachika, Dubai’s luxury food hall? Food courts used to be synonymous with the greasy, cheap fast-food chains you’d binge on while shopping at your local mall. But today, food halls are …
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APICORP provides $50mln credit facility to SirajPower for solar energy projects in ME
DAMMAM — The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, Monday announced a $50 million credit facility for SirajPower, the UAE’s leading …
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