To enhance the attractiveness of Dubai as an investment destination to potential investors and to reduce the cost of doing business, Sheikh Hamdan bin Mohammed, the Crown Prince of Dubai, has ordered the municipality fees for restaurants from 10 percent …
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UAE Cabinet approves new labour insurance system to replace bank guarantees for workers
Sheikh Mohammed said the new legislation will support the UAE’s goal of remaining in the the highest global rankings in the ease of doing business, through an attractive economy based on flexibility, openness and in line with changing trends. #UAE cabinet …
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Abu Dhabi to more than double expat rent tax for some tenants
The increase comes at a bad time for landlords with Abu Dhabi rents and property prices already under pressure over the last year and a half due to the depressed job market and new supply. A first quarter report by real estate firm Asteco showed apartment …
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Sharjah woos tourists with its iconic mosques
The mosques of Sharjah are distinctive for their eye-catching aesthetic architecture and the tourism authorities are wooing the visitors with a new focus on these beautiful monuments. Tourists and believers alike visit Sharjah for the tranquil and …
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The business of Ramadan: Religion and capital converge in the UAE
However, it’s when the fasting is broken after sundown with the iftar meal that the big business moves are being made. Between obligatory prayers, meals and meetings in household Majilis offer prime networking opportunities for Dubai’s business elite.
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Dubai property ‘a money-laundering haven’
The report by the Washington-based Centre for Advanced Defence Studies, relying on leaked property data from the city-state, offers evidence to support the long-whispered rumours about Dubai’s real-estate boom. It identifies some $US100 million ($A131 …
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Dubai to cut municipality fees at hotels, restaurants
“This decree will expand the series of measures announced days earlier and aimed at supporting companies operating in Dubai, reducing the cost of doing business and attracting new investments,” he added. Today, Dubai is one of the world’s most …
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Report describes Dubai real estate as money-laundering haven
DUBAI, United Arab Emirates — War profiteers … Afghanistan in 2010 saw regulators demand that a banker turn over 18 Palm Jumeirah villas and two business properties. The brother of former Afghan President Hamad Karzai also profited from the sale …
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Dubai real estate labelled as money-laundering haven in new report
Dubai’s easily flipped luxury properties offered an opportunity for those wanting to park money they otherwise couldn’t spend. The Federation of American Scientists warned based on news reports in 2002 that “money-laundering activity in the UAE may total $ …
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Indians probed by govt agencies are linked to high-end real estate in Dubai
INDIAN NATIONALS investigated by various agencies in India, including CBI, for alleged financial crimes and links to opaque offshore entities figure on a global database of those connected to properties in over 20 prime real estate projects in Dubai.
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Hyatt Capital Gate Abu Dhabi Rebranding As An Andaz
I wouldn’t want to stay here if my goal was to sightsee in Abu Dhabi, but for a quick overnight it’s an unbeatable option. The hotel is also a Category 4 World of Hyatt property, so it has been a great option if wanting to redeem an anniversary free …
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Dubai to waiver late property registration fee
RELATED ARTICLES: Sheikh Hamdan approves DLD restructure | DLD to use Artificial Intelligence to verify Ejari contracts | DLD reviews rental law with retail operators Dubai’s Executive Council has told the Dubai Land Department (DLD) to scrap a fine on …
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Dubai business conditions rebound in May
Business conditions in Dubai recorded a sharp improvement in May – at the fastest pace in 13 months – on the back of increased output and new orders. Key drivers to this upward momentum in the non-oil private business included travel and tourism and …
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Qatar takes UAE to UN’s highest court over blockade
… government of Qatar is taking the United Arab Emirates (UAE) to the UN International Court of Justice over what it described as human rights violations, according to the official Qatar News Agency (QNA). The move on Monday comes a year after the UAE …
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Qatar takes UAE to UN human rights court over blockade
… The government of Qatar is taking the United Arab Emirates (UAE) to the UN International Court of Justice over what it described as human rights violations, according to Reuters news agency. The move on Monday comes a year after the UAE, Saudi …
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Qatar takes UAE to U.N. human rights court over boycott
LONDON (Reuters) – The government of Qatar said it Monday it was taking the United Arab Emirates to the United Nations’ International Court of Justice over what it described as human right violations. The UAE, Saudi Arabia, Bahrain and Egypt imposed a …
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Dubai’s private sector sees strong growth, but hiring remains dull
“New project wins, Expo 2020 and forecasts of robust demand underpinned business confidence,” it said. Dubai’s economic growth slowed last year, with gross domestic product growing 2.6 per cent to Dhs389bn in 2017 compared to a growth rate of 2.9 per …
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