The Federal Tax Authority (FTA) has announced that it will open online registration for tax purposes for businesses in mid-September 2017,providing an integrated system to serve the business sectors as per the highest international standards. This marks a major step underlining the UAE’s leading position in the application of a world-class tax system. The announcement was…
UAE vs Singapore, the old duel, is rising to the next level as both economic powerhouses face tailwinds and headwinds. The UAE is in danger of pricing itself off the market with rising office rents and the introduction of VAT in 2018, while Singapore feels the heat from China’s slower growth. Also, both countries, with…
The market for drones in the GCC is expected to reach $1.5 billion by 2022, presenting a massive opportunity for regional telecom operators, according to Strategy&, formerly Booz & Company, and part of the PwC network. By leveraging their capabilities and resources, these companies can play a central role in the development of the regional…
UAE stock investors aligned with global investment trends during the first of half of 2017, according to Saxo Bank, the online multi-asset trading and investment specialist, which has published results announcing the most traded stocks on SaxoTraderGO – the trading platform that provides instant access to global financial markets – between January and June of…
Capital comes from $90 million Abu Dhabi government grant earmarked for Guinea Guinea’s National Dispatch Centre cornerstone-laying ceremony draws attendance of Guinean President Centre to support West African Power Pool program Project to serve more than 10 million people Abu Dhabi Fund for Development (ADFD), the leading national entity in development aid, attended…
The platform recorded approximately 17 million visits during Ramadan – a 16 percent increase compared to the previous three months Visitor traffic during Ramadan peaked at 1pm, compared to 11am throughout the rest of the year More than 555,000 messages were exchanged through the Instant chat feature on the dubizzle app – an increase…
The latest report from leading real estate consultancy Asteco indicates Q2 rental price declines for apartments and villas of four percent and one percent respectively. “Approximately 600 apartments were handed over during the second quarter, and more than 2,000 additional units are expected to be delivered over the next six months, placing further pressure on rates….
Automation and connectivity will further shape millennials’ wealth management tastes and how advisers service clients, according to the white paper on millennial wealth, which was launched by the UBS Wealth Management’s Chief Investment Office. As technology diffuses, millennials and their advisers look set to lead a wider movement beyond ‘financial supermarkets’ and towards broader, more…
A delegation from the Roads and Transport Authority (RTA), headed by HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has visited France to check the work progress in the manufacturing of 50 new trains for Dubai Metro. These trains will be supplied by the…
A UAE delegation headed by His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment (MOCCAE), is taking part in the FAO (Food and Agricultural Organisation) Conference 40th Session, attended by His Excellency Saqer Nasser Al Raisi, UAE Ambassador to Italy and the Permanent Representative to the United Nations’ Agencies in…
