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Posted on 07/04/2019

Dubai’s share in talent and technology-driven FDI surges

Dubai: The Dubai FDI Results and Rankings Report 2018 has added a new index that monitors the contribution of FDI to job creation that explains the correlation between FDI and job growth.
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Posted on 07/04/2019

UAE private sector activity rebounds in March

Dubai: Private sector economic activity in the UAE gained momentum in March with both business output and new orders increasing at a faster rate than in February, with output rising at the fastest …
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Posted on 07/04/2019

UAE-Saudi double tax avoidance agreement to lift trade, investment

Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism for 35 years, including 23 …
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Posted on 07/04/2019

UAE, Saudi Arabia agreement on avoidance of double taxation comes into effect

The UAE, represented by the Ministry of Finance, MoF, signed the agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion …
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Posted on 07/04/2019

Dubai Islamic Bank Considers Acquiring Noor Bank, Sources Say

Dubai Islamic Bank PJSC, the United Arab Emirates’ biggest Islamic lender, is considering buying its smaller rival Noor Bank PJSC, people with knowledge of the talks said. The bank has held …
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Posted on 07/04/2019

Sharjah Children’s Reading Festival: All you need to know

Sharjah. Image Credit: Ahmed Ramzan/ Gulf News Sharjah: It’s time for the biggest retreat for children in the UAE. The 11th edition of Sharjah Children’s Reading Festival (SCRF) is all set to …
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Posted on 07/04/2019

British mother, 55, faces jail in Dubai after branding her ex-husband an ‘idiot’

Visitors to Dubai are rightfully unaware that they could be jailed for … The laws further forbid anything ‘defamatory’ against the UAE and this can even include the reporting of a news article and …
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Posted on 07/04/2019

UAE- DGCX’s Spot Gold Contract receives Shari’ah certification

and greatly reflect the growing potential of Islamic finance across the UAE and wider GCC region.” Professor Yousef Abdullah Al Shubaily, Shari’ah Advisor, Minhaj Advisory, said, “Our vision is to …
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Posted on 07/04/2019

Double taxation agreement between the UAE and Saudi Arabia comes into effect

The UAE, represented by the Ministry of Finance (MoF), signed an agreement with Saudi Arabia on the avoidance of double taxation on income and capital and the prevention of tax evasion, at the Saudi …
( read original story …)


Posted on 07/04/2019

UAE ranks first in the region representing 36% of the total FDI flow to the Arab countries

FDIs in this sector amounted to nearly 28.4 billion dollars, with total foreign direct investment amounting to 23.8% in the UAE. Financial and insurance activities amounted to 23 billion dollars, with …
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Posted on 07/04/2019

UAE- The Maritime Standard launches 2019 Awards

Dubai-based publisher and events organiser … shipbuilding; ship agency; finance and insurance; maritime law; and transportation & logistics. The newsletter, which celebrated the publication …
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Posted on 07/04/2019

Banking is now just a WhatsApp away for Emirates NBD customers

Dubai: Emirates NBD customers can now chat bank via WhatsApp as the bank introduces customised services via the WhatsApp Business Solution, a first in the region. Enhancing the bank’s award-winning …
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Posted on 07/04/2019

Emirates Islamic becomes world’s first Islamic bank to launch banking via WhatsApp

Dubai: Emirates Islamic has announced the launch of Chat Banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank’s customers will now able to …
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Posted on 07/04/2019

Kevin Hansen Wins Inaugural FIA World Rallycross of Abu Dhabi

ABU DHABI, UAE, April 7, 2019 /CNW/ — Yas Marina Circuit saw Kevin Hansen win the inaugural World Rallycross of Abu Dhabi 2019, wrapping up a spectacular weekend of world-class motorsport and …
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Posted on 07/04/2019

Inside the smart city plans of Dubai’s under-construction Silicon Park

Dubai is striving to build a reputation as one of the smartest … Other smart functions will include smart signage for wayfinding, and charging points and WiFi across the development, to ensure that …
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Posted on 07/04/2019

UAE government offers long-term visas to start-ups from around the world

The UAE government will provide long-term visas to the founders and owners of technology start-ups from around the world as it aims to attract top talent to help it become one of the most innovative …
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Posted on 07/04/2019

Dubai Chamber opens Argentina office amid Latin America push

Dubai Chamber is this week hosting the third edition of the Global Business Forum (GBF) Latin America in Panama City, making it the first time that the high-level forum is held outside of Dubai. The …
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