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DUBAI NEWS

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Mohammed Bin Rashid Al Maktoum City - District One, Dubai’s Most Prestigious Residential Community, Now With A Brand New Look
Mohammed Bin Rashid Al Maktoum City, District One, a part of the master development Meydan, unveils today the new design of its logo. The luxury community came up with a new look, feel, and identity to represent the property.

Mohammed Bin Rashid Increases Dubai World Cup Prizemoney To $35 Million
His Highness also issued directives to increase the total prizemoney given away at other races held at the Meydan Racecourse to USD1.83 million (AED6.7 million), effective from the 2018-2019 racing season.

Adventure And Style Take Centre Stage In Centrepoint’s Back-To-School Collection
Centrepoint, the one-stop fashion destination for an aspiring generation of shoppers across the Middle East, has launched its back-to-school collection, making stylish school essentials easily accessible to all.

Leisure Mobility Service Launched For Electric Abra Users On Dubai Creek
Dubai’s Roads and Transport Authority (RTA) has launched leisure mobility service for Electric Abra users on Dubai Creek, between Al Seef, Baniyas and Festival City Stations.

Techstars Dubai Accelerator In Partnership With GINCO Opens Applications For 2nd Class Hosted At Dubai’s Area 2071
Building on the success of the inaugural class of Techstars Dubai in Partnership with GINCO, Techstars, GINCO Investments.

Dubai Chamber Opens A Representative Office In The Republic Of Panama
Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced the opening of a representative office in the Republic of Panama. The new office has been established to strengthen Dubai Chamber’s presence in Latin America.

Federal Tax Authority Classifies ’Eligible Goods’ For Calculating VAT As Per ’Profit Margin Scheme’ Into 3 Categories
The Authority asserted that only those goods, which had been subject to VAT before the supply in question, may be subject to the profit margin scheme. The profit margin is defined as the difference between the buying and selling price of an item, and is inclusive of taxes.

Mohammed Bin Rashid Increases Dubai World Cup Prize Money To $35 Million
His Highness also issued directives to increase the total prize money given away at other races held at the Meydan Racecourse to USD1.83 million (AED6.7 million), effective from the 2018-2019 racing season.

Supporting Egyptian Families And 400 Students In Celebration Of The Year Of Zayed
A delegation from Dubai Roads and Transport Authority (RTA) has visited remote villages in Egypt where it distributed Motorcycle Rickshaws to several families with limited income or experiencing tough health and living conditions.

Emirates Islamic Announces Winner Of AED 1 Million Cash Prize For Award-Winning Kunooz Savings Account
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the lucky winner of its monthly Kunooz Savings Account draw for May 2018. Khalid Ahmed Al Marzooqi, a UAE national.

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