Dubai Financial Market (DFM … funds and further promote their participation especially that it complies with their way of doing business.” The exchange said it had set comprehensive regulation governing the new mechanism including timeframes of …
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Dubai Islamic Bank net profit up 11% on core business growth
Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday recorded 11 per cent growth in net profit in 2017, driven by core business growth and effective cost management. DIB said its net profit crossed Dh4.5 billion while total income exceeded …
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An opportunity not to be mist! Stunning footage shows Dubai’s skyscrapers poking out from above a blanket of fog
Rustam Azmi, an Indian business owner who has lived in Dubai for 28 years, took the pictures from the 88th floor of a tower in the marina and from the Index and Executive towers in the downtown area. The 31-year-old said: ‘I have seen the golden age of …
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VAT In The UAE: How Is Your Business Affected?
As we have entered January, the first month of the new VAT regulations in the UAE, business owners across the Emirates are bracing themselves for a big change. Historically, the UAE has operated one of the simplest taxation systems in the world. But in …
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UAE set to be removed from EU blacklist of tax havens
The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month. Following “new commitment letters signed at high political level,” the EU’s Code of Conduct working group on business taxation …
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UAE will complain to UN over Qatar war planes
The United Arab Emirates will lodge a complaint against Qatar at the United Nations’ aviation agency on Tuesday after Qatari war planes allegedly intercepted UAE civilian aircraft, a UAE official said. The UAE said on Monday that Qatari air force jets …
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Gemini Property Developers Appoints National Piling for 29-Storeyed Symphony – Business Bay
Gemini Property Developers, a Dubai-based boutique real estate developer, has announced the appointment of National Piling as piling and shoring contractor for the upcoming 29-storeyed Symphony – Business Bay, being developed at Business Bay area – the …
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Seven Dubai flights diverted due to heavy fog
“Low visibility caused by foggy weather conditions have disrupted normal operations at Dubai International (DXB) this morning with seven in-bound flight diverted to a neighbouring airport,” the spokesperson told Arabian Business. “Dubai Airports is working …
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Revealed: Dubai’s most expensive communities
Downtown Dubai and the nearby Old Town community are the most expensive areas to rent and buy apartments, according to new research from Propertyfinder Group. According to the research, the most expensive area to buy an apartment is downtown Dubai …
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We Need Part-Timers and Students to Cut Costs: Restaurant Owners in Dubai
Dubai’s F&B business owners are getting that sour taste — and it’s not just the steep rents they fork out that’s causing it. So they are looking for some sweeteners that could help make things better for them. “The fact that we are only able to …
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Dubai’s Emirates to resume flights to Istanbul Sabiha Gokcen Airport
42 business class and 310 economy class seats. This will increase Emirates’ weekly flights to Istanbul to 16 with 6,500 seats. EK119 will leave Dubai at 10am and arrive in Istanbul at 1:45pm. Return flight EK120 will leave Istanbul at 3:45pm and arrive i …
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12 business lunch deals in Dubai for under Dhs100
Are you incredibly busy and important? Well, of course you are. But no matter how full your schedule, you should always find time for a lunch break. Fortunately, that doesn’t have to mean bringing stale sandwiches from home – or ordering Deliveroo to …
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Business Development Manager – FMCG – Dubai Jobs
A leading FMCG Group in UAE is looking for a Business Development Manager to plan, direct and implement sales strategies and programs to achieve sales objectives, increase market share and profitability of its premium brands and international range of …
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Dubai issues nearly 20,000 new licences in 2017
The Business Registration and Licencing (BRL) sector in Dubai Economy witnessed 288,878 transactions, including 19,877 new licences, during 2017, showing the activity recorded on the “Business Map” digital platform. The “Business Map” tracks BRL activity …
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Smart Dubai close to rolling out 20 blockchain-based services
leading to new opportunities for multi-party collaboration and eventually exciting new business models.” The Dubai Land Department, Dubai Municipality, Dewa and the Department of Naturalisation and Residency Dubai are among those running blockchain pilot …
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VAT could hit UAE property market in 2018
There are 17,000 apartments scheduled to enter the market in 2018 through completions at projects including New Dubai Gate in JLT, The Pad in Business Bay, Eagle Heights in Sports City and Serenia Residences on Palm Jumeirah. However, actual completions …
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UAE law firm Baker McKenzie Habib Al Mulla launches tax practice
He joins from leading tax advisory firm Cragus Group. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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