UAE jewellers absorb VAT on diamond jewellery

Dubai: Putting off your diamond jewellery purchase because of value-added tax (VAT)? Don’t, as more of UAE’s jewellers are willing to absorb the VAT component on diamonds. Jewellery retailers are doing everything in their power to ensure that the ... ( read original story ...)

UAE, Saudi Arabia’s non-oil economies end 2017 on a high note

The non-oil private sectors of Saudi Arabia and the UAE, the Arab world's largest economies, ended 2017 on a high note with business conditions improving at the sharpest pace in 34 months in the UAE, according to the latest Purchasing Managers’ Index ... ( read original story ...)

Dubai Airport saw 5.6% growth in passenger traffic in Nov

Dubai International (DXB) attracted close to seven million passengers in November 2017 compared to 6.6 million a year ago, registering an increase of 5.6 per cent. According to the monthly traffic report issued by operator Dubai Airports, passenger numbers ... ( read original story ...)

Dubai Police launch new identity

Dubai: Security, communication and innovation are the three defining facets of Dubai Police’s new identity which was unveiled on Thursday as part the force’s strategic plan and the Dubai government’s Vision 2021. Major-General Abdullah Khalifa Al ... ( read original story ...)

UAE bans import of live birds from Netherlands

Dubai: The UAE has banned the import of live birds from the Netherlands following an outbreak of the highly contagious H5N8 bird flu strain, the Ministry of Climate Change and Environment said on Thursday. The World Organisation for Animal Health (OIE ... ( read original story ...)

Dubai to build new record-breaking skyscraper

Dubai is already home to the world's tallest tower - the Burj Khalifa - yet now it's building one which is even taller. Around it, the developers are planning a skyscraper city big enough to house 400,000 people. But with Dubai property prices falling will ... ( read original story ...)

UAE salaries: VAT set to eat into pay rises, new report says

"Employers in Saudi and UAE are bracing for a challenging time as they battle with managing business costs and meeting the expectations of disgruntled employees," the HR consultancy said. Businesses and employees are preparing for additional complexities ... ( read original story ...)

UAE private sector turns in a solid December performance

Dubai: There was quite a bit of end-of-the-year cheer for UAE’s economy, with business conditions for the "private sector improving at its best pace" in 34 months during December. New orders and output gains were helped by higher export orders ... ( read original story ...)