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Posted on 11/12/2017

Dubai Customs’ Consultative Council Discusses Means of Boosting Cooperation in 2018

Director of Dubai Customs (DC), Chairman of Dubai Customs’ Consultative Council, the Council’s third meeting in 2017 convened recently and was attended by heads of business and trade groups, members of the Council. Boosting cooperation and partnership …
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Posted on 11/12/2017

Abu Dhabi Says It Paid ‘Right’ Price for $450 Million Da Vinci

A senior Abu Dhabi official said the Gulf emirate has paid the right price to acquire Leonardo da Vinci’s $450-million painting “Salvator Mundi,” to be displayed at the Louvre Abu Dhabi. “We worked very closely with the broker on this piece and we …
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Posted on 11/12/2017

UAE says OPEC, allies to announce supply cut exit strategy in June

United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Monday that OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts, but that does not mean the pact will end by then. Mazroui said it was …
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Posted on 11/12/2017

Arab Woman UAE 2017 winners announced

Nineteen Arab women were honoured for their contributions to numerous sectors of society, including business, education, medicine and literature, at the ninth annual Arab Woman UAE 2017 awards The awards, which were held under the patronage of the UAE’s …
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Posted on 11/12/2017

Dubai International Blockchain Summit 2018

DUBAI, United Arab Emirates … participate in roundtable discussions, facilitate business meetings and participate in networking sessions to connect with key industry leaders and investors. The summit is open for registration; early bird tickets are …
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Posted on 11/12/2017

Private sector business conditions improve in Dubai

Private sector business conditions shows significant improvement with steep growth in output and inflows of new work, according to the seasonally adjusted Emirates NBD Dubai Economy Tracker Index. The index – which is designed to give an overview of …
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Posted on 11/12/2017

Dubai unveils largest-ever budget at $15.4 billion spend

… of His Highness the Ruler of Dubai to raise infrastructure efficiency in Dubai in order for the emirate to become the preferred destination for living, tourism, and business across all sectors. “Over the coming years, Dubai Government actively seeks …
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Posted on 11/12/2017

Dubai Economy Warns Businesses Not to Hike Prices Ahead of VAT

The initiative is part of protecting consumer rights and enhancing transparency across retailing in line with Dubai’s reputation as a competitive business destination. Retailers have to display the VAT applicable separately on every invoice from 01 …
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Posted on 11/12/2017

Dubai: Mohamed Hefzy’s Film Clinic Boards Abu Bakr Shawky’s ‘Yomeddine’ (EXCLUSIVE)

DUBAI, United Arab Emirates — Prominent Egyptian indie producer Mohamed Hefzy’s Film Clinic has come on board as co-producer of Egyptian-Austrian filmmaker Abu Bakr Shawky’s upcoming feature film “Yomeddine,” a road movie about a middle-aged man …
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Posted on 10/12/2017

UAE media outlets earn trust of 94% of public

Dr Bassam Al Towaisi of the Jordan Media Institute, told a news conference yesterday that the poll of 2,500 respondents, 50 per cent of whom were citizens and 50 per cent expatriates, showed that 94 per cent of the people trust the UAE media outlets.
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Posted on 10/12/2017

British waiter faces two years in Dubai prison after testing positive for cannabis he says he smoked in UK before jetting out to the Gulf

Connor Clements, 24, upped and left Liverpool earlier this year after getting ‘stuck in a rut’ in the UK. With his sister already living in Dubai he was hopeful things would get better and managed to land a job as a waiter. But things took a ‘horrific …
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Posted on 10/12/2017

Strong 2018 Forecast and Diversification Lift Business Sentiments in Dubai

Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the …
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Posted on 10/12/2017

Dubai plate AA10 goes for Dh3.12m

speaking to Gulf News, during the auction at Westin Hotel. RTA generated revenue of Dh12.3 million through the auction of 10 special plates, with three plates breaking the million barrier. A Dubai based businessman Majid Mustafa grabbed the plate number …
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Posted on 10/12/2017

Dubai’s Souq.com says no expansion planned for now due to “untapped” potential

Dubai-based online shopping site Souq.com is not looking to … Souq.com rapidly expand into new Middle East and North Africa markets. However, speaking to Gulf Business, Ronaldo Mouchawar indicated a more conservative approach was instead being adopted.
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Posted on 09/12/2017

UAE disappointed with EU tax list

Dubai: The UAE government has expressed its surprise and disappointment that it has been included by the European Union in a list of non-compliant tax jurisdictions. On Tuesday, the EU announced that the UAE, along with 16 other countries, had been …
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Posted on 08/12/2017

Abu Dhabi authorities revealed as buyers of $450m ‘Leonardo painting’

Media captionThe painting has been cleaned and restored from the image on the left to the one on the right Abu Dhabi’s Department of Culture and Tourism has confirmed that it bought the $450m Salvator Mundi painting for the state’s new Louvre gallery.
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Posted on 08/12/2017

UAE to open three new visa offices in India

The initiatives reflect the growing bilateral relations with high-level engagements including a reported upcoming visit of Indian Prime Minister Narendra Modi to the UAE. As Gulf News exclusively reported on October 2, Modi is likely to visit the UAE early …
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