The Principality of Monaco will showcase its innovation and new technologies when it participates at Expo 2020 Dubai. A delegation from Monaco visited Dubai to meet the Expo 2020 organisers and seal the country’s participation at the first World Expo in …
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VAT’s up Babu? Your UAE VAT questions answered
The UAE will introduce Value Added Tax (VAT), a broad-based indirect … Thus, VAT will ultimately be borne by the final consumers rather than being a tax on business activity. VAT is one of the most common types of consumption tax around the world.
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5th Sharjah World Music Festival from January 12 to 19
Sharjah: The fifth edition of the most anticipated annual music event in Sharjah is back to entertain UAE residents beginning January 12 to 19. The Sharjah World Music Festival (SWMF), presented by Sharjah Investment and Development Authority (Shurooq) in …
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Pakistani Christians in UAE hold Christmas gathering
… allowing us to practise our faith in the UAE and giving us land to build our church. We Christians feel very safe here because of the full security [accorded to all faiths here],” Rev Qadir told Gulf News. Rev Qadir reminded all Pakistani Christians …
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Dubai Pulse web portal enriches daily lives
… near future as we work to transform Dubai into a fully smart city with smart government services that make people’s lives and business dealings easier,” Bint Butti said. At the launch, she told Gulf News that the Dubai Pulse online platform will …
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Prime Dubai offices cost less than a third of Hong Kong
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UAE pay rises ‘in region of 3%’ next year – expert
Average basic salary rises in the UAE are set to be in the region of 3 percent next year, according to global remuneration expert Robert Mosley. He predicted the pay increases despite an uncertain economic climate in the UAE with the imminent launch of …
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Gulf’s top IPO issuer in 2017
DUBAI — The economic activity associated with initial public … The UAE figure does not include $851 million IPO done by Adnoc Distribution in mid-December. The overall IPO activity from the Middle East saw a 225 percent increase in terms of volume …
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Eyeing overseas Indian wealth, Bank of Singapore to expand Dubai office
The private-banking arm of Oversea-Chinese Banking Corporation is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire …
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Bank of Singapore hires bankers to manage Middle East, Indian money
SINGAPORE (BLOOMBERG) – The private-banking arm of Oversea-Chinese Banking Corp is adding more staff in Dubai, as the Singapore lender seeks a greater role managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore …
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Dubai’s Bulgari Resort named best new luxury hotel of 2017 by LTI
(CNN) — Bulgari Resort Dubai has only been open for a matter of weeks, but it’s already been crowned the best new luxury hotel of 2017. The lavish property, located on man-made island Jumeira Bay, came out on top in members-only travel ratings company …
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Sultan announces salary hike for Sharjah government employees
Sharjah: His Highness Dr Shaikh Sultan Bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has announced an increase in salaries for the Sharjah government employees. The government has allocated Dh600 million in the budget for this …
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Sharjah announces big pay hike for government staff
HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has announced an extraordinary New Year gift for all the government employees across the northern UAE emirate in the form of a massive pay hike by allocating Dh600 …
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Kuwait wins Sharjah Aqua-biking Grand Prix
Kuwait, Dec. 21 (BNA): A Kuwaiti aqua-biking athlete has won the Sharjah Grand Prix of the UIM-ABP Aqua-biking … the third year running and for the ninth time, according to Kuwait News Agency (KUNA). “This is an unprecedented record in this kind of …
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Dubai economy forecast to grow by 3.5% in 2018
Dubai has established a strong economic foundation and proved its ability to meet the requirements of both the local and international business community. “Our initiatives in the area of legislation have helped create a supportive environment that has …
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UAE tops the IPO issuers Gulf list in 2017
The United Arab Emirates (UAE) topped the list of countries in terms of raising capital through initial public offering in 2017. Four companies in the UAE raised a total $1.287 billion in 2017, followed by Saudi Arabia, which raised $663 million, according …
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UAE’s Amanat inks deal to up stake in education provider
Amanat Holdings on Thursday announced that it has increased its stake in Taaleem Holdings, one of the UAE’s largest providers of K-12 primary and secondary education, to 21.7 percent. The GCC’s largest investment company solely focused on healthcare …
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