Category: News

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It has just been announced that Borse Dubai and Nasdaq has lauched a new landmark agreement. This agreement is set to bolster the technological infrastructure of Dubai’s stock exchanges. Dubai Financial Market (DFM) and Nasdaq Dubai further expects to improve

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UAE:Home to millionaires

It has yet been proven that the UAE is a magnet for the extremely wealthy population. This is gleaned from the latest intelligence data from a millionaire migration tracker. New World Wealth said in a statement on Tuesday that the

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It has just been announced that the Dubai’s luxury real estate is up for a stronger comeback between global investors. It is currently shaping up, along with the stretch of water that starts with the Creek Harbour in Ras Al

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It has just been announced that Etihad Airways Engineering has signed an agreement with Kenya Airways. This is for Kenya Airways to perform mandatory checks on its new Boeing 787-8s. These checks is set to begin late February. This will

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It has been said that UAE’s auto market experienced an unbearable year. This is as a result of consumers holding back on new car purchases as well as not doing anything to add up to their financial obligations. However, the

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10x project Dubai

Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum (Crown Prince of Dubai and Chairman of the Board of Trustees at Dubai Future Foundation), has just met with the heads of Dubai government entities to discuss the next step for the

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It has just announced that there job vacancies for professionals in the UAE who are currently looking for job in private or government intuitions to the implementation of the value-added tax (VAT). It has also been said that VAT managers,

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VAT in UAE

According to the latest advisory, businesses (who will be collecting value-added tax (VAT)) can register online and subsequently file returns on a regular basis with the use of the government’s e-service. It has also been said that the UAE Ministry

People walk past the Arabtec headquarters in Abu Dhabi June 25, 2014. The spectacular rise and fall of Arabtec, Dubai's most heavily traded stock, teaches hard lessons about how risky the region remains for investors even as its rapid economic growth lures billions of dollars in fresh funds from abroad. REUTERS/Stringer (UNITED ARAB EMIRATES - Tags: BUSINESS LOGO) - RTR3VP2Y

The first step to finally turn Arabtec’s financial performance in the long term after nine consecutive quarters of losses is to reduce its capital and launch a Dh1.5 billion rights issue. This breakthrough was given by an analysts. Arabtec is