image
Unlimited VAT refunds for tourists visiting UAE15/Nov/2018

Tourists visiting the UAE have a reason for joy as the government has set no minimum limit for tourists' VAT refund, which will come into effec

View
image
Tourists to receive VAT refunds from November 1823/Oct/2018

Dubai: Tourists will be able to claim back Value Added Tax (VAT) on any purchases they make in the UAE from November 18, it was announced yesterday

View
image
FTA simplifies VAT refund for UAE nationals17/Oct/2018

Abu Dhabi: The Federal Tax Authority (FTA) has announced that procedures to reclaim value-added tax (VAT) for UAE nationals who are building new re

View
image
FTA holds awareness drive on UAE's tax refund scheme02/Oct/2018

Dubai: The Federal Tax Authority (FTA) has held an awareness session in Ajman to introduce to retailers the simplified online procedures for regist

View
image
Types of mortgage loans available in the UAE27/Sep/2018

Finding the right bank for a mortgage loan is the first step prior to a property hunt. Financial institutions provide different types of mortgages,

View
image
New system for collecting tobacco tax starts in 201917/Sep/2018

The new system for the collection of excise taxes of tobacco and related products will go into effect in the beginning of 2019, according to the Fe

View
image
UAE gold prices fall further, now Dh17 cheaper per gram13/Sep/2018

Dubai: Gold fans in UAE are likely to save money on jewellery purchases if they hit the shops today, as the precious metal continues to lose its sh

View
image
Are Indian rupee, Philippine peso weakest currencies right now?12/Sep/2018

Dubai: UAE expatriates from a number of Asian countries may have a reason to rejoice these days, with the value of the US dollar rising significant

View
image
Dubai issues 1,221 new licences in August12/Sep/2018

Dubai: The Business Registration & Licensing (BRL) section in the Department of Economic Development (DED) in Dubai completed 17,710 transactio

View
image
Dubai’s private sector activity picks up speed after the summer lull11/Sep/2018

Dubai: Non-oil private sector in Dubai reported modest growth in output in August with the headline Dubai Economy Tracker Index (DET) gaining margi

View
image
Dubai FDI in second investment promotion mission to US10/Sep/2018

Dubai: Dubai FDI, the investment development agency of Dubai Economy, is going on a second investment promotion mission to the US this month in a b

View
image
India is Dubai Investment Week 2018’s guest nation06/Sep/2018

Dubai: FDI, the investment development agency of Dubai Economy (DED), announced that India will be the guest nation of the upcoming fourth edition

View
image
UAE PMI data shows employment declined in August05/Sep/2018

Dubai: The Emirates NBD UAE Purchasing Managers’ Index, a composite indicator of operating conditions in the non-oil private sector of econom

View
image
UAE Central Bank board holds a review meeting04/Sep/2018

Dubai: The Board of Directors of the Central Bank of the UAE (CBUAE) has reviewed a memo regarding the ‘Macro Prudential Policy’ stance

View
image
Dubai’s developers throw weight behind ready homes03/Sep/2018

Dubai: It is now developers with ready properties who are going all out on their compelling sales offers — and payment incentives to boot in

View
image
UAE gold prices fall further on strong dollar31/Aug/2018

Dubai: Gold prices in the UAE headed farther south on Thursday as the bullion continued to take a beating from a strong US dollar, thus providing m

View
image
Central Bank warns customers to protect credit information30/Aug/2018

Dubai: The Central Bank of the UAE (CBUAE) is reminding consumers of their responsibility to protect their credit information and credit/debit card

View
image
Dubai airport to hit 1b passengers this year: Dubai Media Office27/Aug/2018

Dubai: The total number of passengers through Dubai International is set to hit one billion at some point this year, according to the Dubai Media O

View
image
VAT refund system for tourists in final stages — Federal Tax Authority10/Aug/2018

Abu Dhabi: The UAE’s Federal Tax Authority (FTA) on Saturday said a system to return Value-Added Tax (VAT) to tourists is nearing its final s

View
image
UAE’s non-oil private sector growth spikes04/Jul/2018

Dubai: The UAE’s non-oil private sector output and new orders in June rose at their fastest pace this year, indicating a strong improvement i

View
image
Saudi, Kuwait and UAE to support Bahrain's economy28/Jun/2018

Saudi Arabia, Kuwait and the United Arab Emirates will soon announce an integrated program to support Bahrain's economic reforms and its fiscal

View
image
Dubai is becoming a less expensive city to live27/Jun/2018

Dubai: The rental declines over the last 12 months are starting to pay off for Dubai’s residents.

A global survey by the consultanc

View
image
UAE, Kuwait most vulnerable for cyberattacks in the Gulf25/Jun/2018

Dubai: The UAE and Kuwait are among the most vulnerable for cyberattacks among the Gulf Cooperation Council Council countries in the first quarter,

View
image
FTA urges businesses to pay up VAT dues urgently23/Jun/2018

Dubai: Federal Tax Authority (FTA) on Wednesday urged all UAE businesses registered for Value Added Tax (VAT) who missed the deadline for filing th

View
image
UAE ranks 17th in global digital competitiveness20/Jun/2018

The UAE is the only country in the Arab world again to be ranked among the top 20 in the digital competitiveness index, according to a report relea

View
image
UAE on a positive growth trajectory as real GDP grew 0.8% in 201713/Jun/2018

Dubai: The UAE’s real gross domestic product (GDP) grew 0.8 per cent in 2017, according to preliminary estimates by the Federal Competitivene

View
image
Expo 2020 Dubai to boost logistics industry07/Jun/2018

Dubai: The World Expo 2020 Dubai will boost the logistics industry as billions of dollars are being invested in infrastructure and logistics servic

View
image
Dubai leads regional, global rankings in IMD Competitiveness Report06/Jun/2018

Dubai has been ranked first in the Arab world in terms of government budget as a percentage of gross domestic product (GDP), according to the Compe

View
image
Al Bustani says taking VAT off gold and jewellery will allow industry to thrive06/Jun/2018

Abu Dhabi: Khalid Ali Al Bustani, the Director-General of the UAE’s Federal Tax Authority, on Wednesday said cabinet’s decision to decr

View
image
Firm oil prices, new ownership rules boosting confidence in UAE’s non-oil economy06/Jun/2018

Dubai: New ownership rules and firm oil prices are boosting the confidence level in non-oil economy of the United Arab Emirates, despite short-term

View
image
Dubai FDI Monitor points strong gains in foreign investments in 201704/Jun/2018

Dubai: Dubai is fast emerging as a hot destination for foreign direct investments (FDIs), especially in high tech industries and new technologies,

View
image
Dubai’s property brokers will get a reality check in 202001/Jun/2018

DUBAI: Do away with real estate brokers altogether? Where every transaction can be done directly between a buyer and seller — or a landlord a

View
image
Price matters in UAE real estate31/May/2018

Price continues to weigh heavily on real estate purchasing decisions across the UAE, as majority of homebuyers and investors look for value-for-mon

View
image
UAE, Canadian ministers discuss trade, cooperation.29/Mar/2018

Ottawa: Shaikh Abdullah Bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, met with Francois-Philippe Champagne, M

View
image
UAE, Saudi Arabia sign deal to avoid double taxation28/Mar/2018

The UAE’s Ministry of Finance signed an agreement with Saudi Arabia for the avoidance of double taxation and prevention of tax evasion with r

View
image
Dubai among world's most powerful cities for talent, business23/May/2018

Dubia: Dubai has been ranked for the first time among the world’s most powerful cities for attracting expatriates and businesses.

I

View
image
UAE passport now 23rd most powerful in world23/May/2018

Dubai: The UAE has consolidated its position as one of the world’s most powerful passports, now ranked 23rd globally and offering more ease o

View
image
VAT charges removed on gold at wholesale level22/May/2018

Dubai: The UAE has rolled back the 5 per cent Value Added Tax (VAT) on gold and diamond sectors at the wholesale level. Retailers will continue to

View
image
Of Mice and Men: Event organisers ‘celebrate’ decision to refund VAT18/May/2018

Dubai: Event organisers in the UAE are celebrating the government’s decision to provide refunds on the value added tax (VAT) paid by companie

View
image
UAE tops commodity trade index16/May/2018

Dubai: Dubai tops the world commodity index unveiled in London on Tuesday as part of Dubai Multi-Commodities Centre’s (DMCC) Future of Trade

View
image
UAE Cabinet approves VAT refund for organisers of exhibitions, conferences14/May/2018

Abu Dhabi: The UAE Cabinet on Sunday has approved a decision pertaining to the refund of VAT on organisations involved in organising exhibitions an

View
image
Highest and lowest paying jobs in UAE this year02/May/2018

Dubai:  When looking for jobs, people normally tend to gravitate towards those that can have a positive impact in their lives, especially the

View
image
Dubai’s rental declines cool off in first quarter23/Apr/2018

Dubai: Residents expecting a further — and immediate — drop in rents need to be patient.

The rate of decline in rents seem to

View
image
DMCC looks to boost ties, trade with India19/Apr/2018

Dubai: Dubai Multi Commodities Centre (DMCC) has signed a Memoranding of Understanding with the Institute of Directors, India, to strengthen ties w

View
image
Global economy to grow at 3.8% in 201818/Apr/2018

Dubai: Global growth is projected to strengthen to 3.9 per cent in 2018 and 2019, up from 3.8 per cent in 2017, driven by a projected pick-up in em

View
image
Abu Dhabi developers get all cautious on off-plan launches17/Apr/2018

Dubai: Abu Dhabi’s developers are not rushing out with new launches … and that’s a good thing these days.

“Devel

View
image
Dubai economic package to boost investments, job growth16/Apr/2018

Dubai: Government of Dubai has called on government departments to work on a comprehensive reform package to boost business confidence and economic

View
image
Mena investment banking fees declined 6% in first quarter 201814/Apr/2018

Dubai: Middle Eastern & North African (Mena) investment banking fees declined six per cent year on year in the first quarter of 2018 to $243.1

View
image
UAE authority issues stern warning to tax dodgers12/Apr/2018

Dubai: To mark the 100th day of value added tax (VAT) in the UAE, the Federal Tax Authority launched a scathing attack on businesses that had faile

View
image
UAE achieves '98.8 per cent VAT compliance': Federal Tax Authority11/Apr/2018

Dubai: Nearly 100 per cent of companies in the UAE that were obliged to pay value added tax (VAT) have since registered to do so, according to Khal

View
image
Dubai’s private sector business conditions improved in March10/Apr/2018

Dubai: Dubai Economy Tracker (DET) data for March signalled an improvement in business conditions across Dubai’s non-oil private sector with

View
image
UAE to participate in joint meeting of Arab financial institutions09/Apr/2018

Dubai: The Ministry of Finance (MoF) is participating in the joint meeting of Arab Financial Institutions, which will take place in Jordan this mon

View
image
UAE consumers become more cost-conscious07/Apr/2018

Dubai: Consumers in the UAE are becoming more cost-conscious and less brand-loyal, according to a recently released survey.

Shoppers in S

View
image
Australia confirms participation in Expo 2020 Dubai06/Apr/2018

Dubai: On Thursday Australia confirmed its participation in Expo 2020 Dubai, the first World Expo to be held in the Middle East, Africa and South A

View
image
Oman central bank eases capital, lending curbs in bid to spur growth04/Apr/2018

DUBAI: Oman’s central bank said on Tuesday it is relaxing capital and credit exposure rules for commercial banks and taking other steps to bo

View
image
More UAE consumers now pay with credit, debit cards instead of cash02/Apr/2018

Dubai: For many people in the UAE, cash is dying.  According to the latest data supplied by a market research firm, UAE consumers are increasi

View
image
Dubai’s developers aim big with ‘co-living’ spaces31/Mar/2018

Dubai: A younger buyer profile is starting to figure more prominently in Dubai developers’ plans. And “co-living” spaces are what

View
image
UAE, UK, Australia sign aviation security deal29/Mar/2018

DUBAI: The governments of the UAE, the UK and Australia on Wednesday signed an agreement to increase cooperation and collaboration regarding airlin

View
image
Smart Dubai signs agreement with Business Sweden28/Mar/2018

Smart Dubai signed an agreement with Swedish trade and investment board — Business Sweden — to cooperate and exchange expertise on adva

View
image
Fit-out projects in Gulf seen at $9b this year27/Mar/2018

Dubai: The fit-out projects in the Gulf are expected to be worth about $9 billion (Dh33.06 billion) this year as building construction activity gai

View
image
UAE, South Korea sign a number of trade agreements26/Mar/2018

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

View
image
Another strong year in sight for the Gulf IPO market24/Mar/2018

Dubai: Another strong year is in sight for the Initial Public Offering (IPO) market.

Companies in the Gulf raised $3.3 billion (Dh12 bill

View
image
Construction sector to remain positive in Dubai, executives say24/Mar/2018

Dubai: MAPEI, the privately owned Italian construction chemicals, yesterday inaugurated its expanded facilities in Dubai.

The company is

View
image
UAE economy to benefit from trade growth in 201823/Mar/2018

Dubai: The UAE’s trade will benefit this year from rising oil prices, improved macroeconomic outlook for country’s key trading partners

View
image
Expo 2020 Dubai launches new career portal22/Mar/2018

DUBAI:  Expo 2020 Dubai has launched a new career portal to allow talented and ambitious individuals to join the ranks of its expandin

View
image
Dubai best globally for infrastructure: Knight Frank21/Mar/2018

Dubai: In a benchmark of Dubai against other key global cities such as London and New York, the city lagged against rivals on issues such a

View
image
Mashreq Bank in payment partnership with Alipay21/Mar/2018

DUBAI: Mashreq Bank on Tuesday announced its partnership with Alipay, the world’s largest online and mobile payment platform operated

View
image
EGA, Abu Dhabi Ports in deal for efficient shipping07/Mar/2018

Abu Dhabi: Abu Dhabi Ports will partner with Emirates Global Aluminium to upgrade ports and logistics infrastructure at international ports which E

View
image
Saudi faces rise in inflation on VAT and fiscal reforms03/Mar/2018

DUBAI: Saudi Arabia has reported a sharp rise in inflation on value-added tax (VAT) and subsidy reforms with inflation accelerating to 3 per cent i

View
image
VAT Clock ticks again03/Mar/2018

VAT in UAE: New deadline for registration extended till April 30

All UAE businesses that missed the December deadline for VAT registratio

View
image
Gulf food: A growing pie18/Feb/2018

UAE's food and beverage market forecast to remain healthy

Spending by residents on the food and

View
image
Al Tayer: UAE has no intention to raise tax rates12/Feb/2018

Minister says no plans to increase VAT, excise rates in next 5 years.

Dubai: The UAE’s government has no intention of raising the c

View
image
UAE bourses plunge in line with global markets06/Feb/2018

The DFM was down nearly 2% at late morning trade, with DFMGI hovering around 3,311.5 points.<

View

image
Dubai International retains top spot06/Feb/2018

DXB remains world's number one airport for international passengers for the fourth consecutive year with

View

image
FTA Urges businesses to submit tax returns before February 2804/Feb/2018

A Tax Return must be received by the Authority no later than the 28th day following the end of the tax period

View
image
Turkish exports to UAE amount to $3.21b in 201704/Feb/2018

Top exports include jewellery, electronics, furniture

 

Dubai: The va

View
image
Gold prices slide in UAE04/Feb/2018

The US Fed said on Wednesday that inflation is likely to quicken this year. View

image
UAE has the lowest VAT regionally and globally04/Feb/2018

VAT not to have any negative effects on Expo 2020 Dubai plans and projects

View