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Increased Foreign Demand Could Boost Dubai’s Office Market, Says JLL
This quarter, the Dubai Government has made a number of announcements designed to promote foreign investment and investor confidence,which is likely to boost demand in the office market in the medium term, says JLL’s latest report.

DXB Traffic Rises To 43.7 Million In H1 Following 11.7% Uplift In June
Propelled by a double-digit surge in traffic in June, passenger numbers at Dubai International (DXB) topped 43.7 million in the first half of 2018, according to the traffic report issued today by operator Dubai Airports.

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.

Dubai Set To Draw More Saudi Visitors Following Strategic Alliance With Al Tayyar Travel Group
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and Al Tayyar Travel Group, Saudi Arabia’s leading travel and tourism company, have formed a strategic alliance with the aim of further enhancing Dubai’s position as the preferred destination for Saudi visitors.

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.

Dubai Culture To Launch 12th Edition Of ’Dubai Festival For Youth Theatre’
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts, heritage and literature, has announced its preparations for the 12th edition of the ’Dubai Festival for Youth Theatre’ for 2018.

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.

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.

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.

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.

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