The recently rebranded Radisson Hotel Group continues to expand in Dubai with the opening of Radisson Blu Hotel Dubai Waterfront today (Monday). The 432-room hotel, located in Business Bay, contains 34sqm Standard Rooms, Business Class rooms and suites and …
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UAE Central Bank leads delegation to Japan
Abu Dhabi: Mubarak Rashed Al Mansouri, UAE Central Bank Governor, led a delegation of top UAE financial institutions to Tokyo, Japan, for the ‘2nd UAE-Japan Financial Cooperation Seminar’ on Monday, followed by bilateral meetings with the Japanese …
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Dubai Perfect Destination for UK Businesses After Brexit: Survey
The Dubai Multi-Commodities Centre (DMCC), one of the world’s leading free zones for commodities trade and enterprise, in its latest report said 27 per cent of British firms have a greater appetite for international business expansion during the post …
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UAE, South Korea sign a number of trade agreements
Abu Dhabi: A host of Memorandums of Understanding (MoUs) were signed between the UAE and South Korea on Sunday following a meeting between the two countries’ leaders. His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy …
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Dubai Police arrests international gang for stealing more than $3m
An international gang of approximately 25 members has been arrested by Dubai Police after stealing about 100 million Thai Baht ($3m) from bank accounts in Thailand and other Asian countries, according to UAE state media agency WAM. HE Major General …
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VAT: What are the regulatory challenges for businesses in UAE, Saudi?
Value added tax (VAT) implementation has been a considerable challenge for most businesses in the UAE and KSA, where compliance with taxes is not common. VAT represents the most comprehensive and transformative regulatory requirement that business has had …
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Crown Prince launches latest edition of Dubai Future Accelerators
The fourth edition of Dubai Future Accelerators has been launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Board of Trustees of Dubai Future Foundation. Dubai Future Accelerators aims to match …
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Dubai saves 323MW in electricity consumption during Earth Hour
The global Earth Hour initiative resulted in record savings of 343 megawatts in electricity consumption for Dubai – an increase of 32 per cent compared to last year’s savings, and equivalent to a reduction in CO2 emissions of 140 tonnes. according to …
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24 Small Business Ideas in UAE 2018 – Business Opportunities in Dubai
Are you looking for small business ideas in UAE / Dubai? Here are twenty four business opportunities in Dubai, UAE you can pursue in 2018. The UAE stands for United Arab Emirates. Like Europe and USA, UAE is composed of several small states and they …
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Jacky’s launches UAE business training programme
In a bid to break into the UAE’s education sector, Jacky’s Group of Companies has announced that its Anisuma Training Institute will provide executive education and training programmes to help enhance the careers of senior executives and mid-career …
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Start-up advice: How to prepare your business for sale
Nathan Banks, managing partner of UAE-based law firm Banks Legal, explains key factors to keep in mind to maximise your return on investment when selling your business: 1. Licensing, permits and approvals: It is important to regularly review your business …
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Sharjah real estate deals rise 20% to $8.1bn in 2017
The emirate’s real estate regulator expressed satisfaction with the performance of the sector, which it said is growing steadily year after year, state news agency WAM reported on Thursday. UAE citizens dominated deals in Sharjah’s property sector with …
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Dubai Holding appoints new CFO in management reshuffle
“Dubai Holding is in a significant phase of its corporate evolution as it addresses legacy liabilities and reshapes its business model to drive further growth,” he said. “Dubai Holding will continue to operate as a stand-alone entity and there are no …
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Mishal Kanoo Joins Top UAE Delegation for UAE-Japan Business Forum
These sessions aim to discuss ways to enhance mutual cooperation between the business sectors. During the presentations of UAE companies, Mr. Mishal Kanoo delivered his keynote speech titled, “Learning from the Japanese Experience.” In his message …
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Dubai Breaks Ground on World’s Biggest CSP Project
DUBAI, United Arab Emirates–(BUSINESS WIRE)–HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, broke ground on the 4 th phase of the Mohammed bin Rashid Al Maktoum Solar Park. This is the biggest …
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Some UAE businesses are paying more VAT than they need to
My advice to any business looking to do anything artificial to avoid UAE VAT, or create a timing advantage, is not to bother. Artificiality sometimes worked when tax and tax avoidance was regarded as fair game (around 1973, if you are wondering), but now …
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UAE seeks exemption from US tariffs on steel, aluminium
Danny Sebright, the president of the Washington DC-based US-UAE Business Council, has been quoted in local media as saying the UAE could have room for negotiation on the tariffs because of the importance of its aluminium to US aircraft manufacturing.
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