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DUBAI NEWS

Local Time - 4:11:22 PM :
Page 342 of 565

Dubai’s Real Estate Market Is Stable And Ready For Investment, Says Global Financial Services Firm
After a turbulent few years during which the price of property has dipped and rents have experienced a readjustment, now is the ideal time to invest in Dubai’s real estate sector, according to a leading independent financial advisory firm.

Dubai Residential Rents Stabilise For The First Time In Over Two Years
Residential rents across Dubai registered no change during the first quarter of 2018, helping improve the annual rate of change to -3.1%, from -7.7% at the end of last year, according to leading international real estate consultancy, Cluttons.

Pure Gold Welfare Club Announces Scholarships For Needy Emirati Girl Students
Firoz Merchant, founder of the Pure Gold Welfare Club signed an agreement with the University of Fujairah to provide scholarships to five needy Emirati female undergraduate students scoring 85 percent and above in each semester.

Department Of Economic Development and Dubai Free Zones Council Sign MoU To Facilitate Business For Free Zone Entities
The Department of Economic Development (DED)in Dubai has signed a memorandum of understanding (MoU) with the Dubai Free Zones(DFZ) Council to facilitatebusiness operations for free zone based companies.

du Introduces The All-New Control Plan
Benefit from the data and minutes offered on a contract plan with the flexibility of prepaid with the all-new Control Plan from du.

Dubai Increasing Nexus For Growth As Rise Of Asia Trade Continues, Say World Government And Industry Leaders At DMCC’s First Conference With Asia House
In partnership with Asia House, DMCC, the world’s leading Free Zone for commodities trade and enterprise, hosted the ’The New Global Trade Order’ conference at Almas Tower today.

Dubai Parks And Resorts And Dubai Airports Sign Exclusive Agreement To Feature The Theme Park Destination In DXB
The unique agreement will see Dubai Parks and Resorts promoted at all DXBconcourses with access to over 65 airlines flying to and from over 240 destinations in 170 countries around the globe.

Emirates Receives Official Royal Visit At Arabian Travel Market
Emirates, the Official Airline of the 2018 Arabian Travel Market welcomed His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, to its stand during the opening of the regions largest travel and tourism trade event.

Citibank Launches Citi Cashback Credit Card In The UAE
A study conducted by Citi and Publicis Media has revealed 67 percent of residents in the UAE consider cashback to be one of the most important features of a credit card. In response to the survey’s findings, Citi UAE recently launched the Citi Cashback Credit Card.

Federal Tax Authority: Approximately 90,000 Registered Businesses Required To Submit Tax Returns And Pay Due Taxes No Later Than April 29
The Federal Tax Authority (FTA) revealed that approximately 90,000 businesses registered for Value Added Tax (VAT) are required to submit their tax returns and pay their taxes no later than April 29, 2018.

UITP MENA Transport Congress Kicks Off
The event, which is organised by the Roads and Transport Authority (RTA) and the UITP under the theme: Pioneering for Customers Happiness, attracts wide participation of more than 70 speakers from 21 countries.

Dubai Land Department Supports The Emirate’s Economic Diversification Strategy
Dubai Land Department (DLD) has announced a number of new initiatives that aim to support the emirate’s economic diversification strategy by establishing Dubai’s real estate sector as the world’s leading property destination.

Opening Three New Bridges On Airport St Friday 27 April 2018
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) in Dubai, announced the opening of three new bridges as part of the Airport Street Improvement Project this Friday (27 April 2018).

Nakheel Awards Construction Contract For AED825 Million Nad Al Sheba Mall
Master developer Nakheel today awarded a contract worth AED595 million for the construction of Nad Al Sheba Mall, its new, 1.4 million square foot shopping, dining and entertainment destination that has a total development value of AED825 million.

Dubais GDP reaches AED 389 billion in 2017
Dubai Statistics Center has revealed that Dubais real gross domestic product reached AED 389 billion in 2017 compared to AED 379 billion in 2016.

Godolphin Gets Dubai Duty Free Racing Season Off To A Flying Start
Dubai Duty Free’s season of international horseracing events got under way in style on Friday, 20 April when Newbury Racecourse played host to the opening day of the Dubai Duty Free Spring Trials Weekend.

Over 1,800 Employees From 34 Companies Take Centre Stage In 12th DIP Corporate Sports Championships
Dubai Investments Park [DIP], the unique integrated commercial, industrial and residential community in the Middle East and wholly-owned subsidiary of Dubai Investments.

Jafza’s trade with India reaches over USD 3.4 billion in 2017
Latest figures from Jafza show that over 788 Indian companies are trading from the freezone serving key markets in the region and building on historical ties that date back to 1985 when it first opened.

TRA Oversees The Launch Of The ’National Economic Register’ And Coordinates The Signing Of MoUs Between Ministry Of Economy And The Local Economic Departments Of The National Economic Register
The MoUs were signed during a meeting held at the Government Accelerators in the Emirates Towers in Dubai.

DEWA is Smart Water Company of the Year in 2018 Global Water Awards
Dubai Electricity and Water Authority (DEWA) won the Smart Water Company Award of the Year at the Globl Water Awards, during a ceremony held at the Global Water Summit 2018.

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