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DUBAI NEWS

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du Announces Details With Regards To Application Of VAT On Its Products And Services
In compliance with the Federal Decree-Law No 8 of 2017 issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, on the introduction of Value Added Tax (VAT) in the UAE, du announced that it will collect tax on behalf of the government, with a standard VAT rate of 5%.

Largest Listed Saudi Real Estate Developer Launches International Business From Dubai
Dar Al Arkan, the largest listed real estate developer in the Kingdom of Saudi Arabia, announced today its plans to expand to global markets, selecting Dubai as the launchpad for its international business, with an AED 800 million development on the Dubai Water Canal in the Business Bay area.

Lulu Eyes Bigger Market Share For Its Own Labels
Lulu, the top retailer in the Middle East today launched their newly rebranded Private Label products during the ongoing SIAL ME 2017.

Dubai Safari Set To Be A Fun-Filled Living Classroom For Young Minds
Dubai Safari, home to the most diverse array of animals in the UAE, is set to become a fun-filled living classroom for young minds, as they discover wildlife diversity through an array of immersive and engaging activities that bring them closer to more than 2,500 animals.

Stock Markets Gain AED9.6 Billion In Two Successive Sessions
The UAE stocks Monday continued their winning streak for the second day running, gaining a total of AED7.6 billion, bringing to AED9.6 billion the total profits in two successive sessions.

Pure Gold Jewellers Joins Forces With Disney To Launch Exclusive New Diamond Collection Inspired By Iconic Characters
There’s nothing quite as iconic as Disney, or as recognisable as Mickey Mouse, and now, with the launch of Pure Gold Jewellers’ exclusive new Diamond Collection in association with Disney, you can enchant with your own piece of Disney magic.

PayPal Launches Seller Protection Programme In The UAE to Support e-Commerce In The Region
PayPal has announced the launch of the PayPal Seller Protection Program in the United Arab Emirates, in an effort to empower local businesses to trade online, both locally and globally with confidence and peace of mind.

Strong Feature Phone Growth In The GCC Helps Offset Slump In Smartphone Demand
The Gulf Cooperation Council (GCC) mobile phone market remained flat in Q3 2017, according to the latest figures announced today by International Data Corporation (IDC).

Students Thriving At Official LEGO School In Dubai
There are many different ways that children can learn, and the educators at Rising School in Dubai are constantly exploring ways to engage with students in a hands-on and meaningful way.

New Year Holiday For Government Sector Announced
The official New Year holiday for the UAE’s Federal Ministries and their related entities has been announced as 1st January and 31st December, 2018, with official duty to resume on Tuesday, 2nd January.

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