UAE Cabinet brings in VAT Reversed Charge mechanism for investors in gold, diamond and precious metals The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. Under the mechanism, there will only be documented...

21:00 Tue 01 May 2018 After an incredible milestone of 5 years of FUJI chapters. Here comes Chapter 6. Many Surprises and 100% guaranteed FUN. Book your dates and make sure you dont miss one minute of the unforgettable experience. 1st - 6th May 2018 We're back! With the next episode - a...

Aly Shariff previously spent over a decade developing Premier Inn brand in India and South East Asia Citymax Hotels, a part of the hospitality division of Dubai-based Landmark Group, has appointed Aly Shariff as chief operating officer. Shariff, who previously spent 17 years at...

Retail giant Majid Al Futtaim says expansion plans already in pipeline to create fully automated facility manned by robots Retail giant Majid Al Futtaim has unveiled its new Carrefour Regional Distribution Centre at National Industries Park (NIP) in JAFZA, Dubai. The facility is four...

Posh London district to host international launch of The 118, prices start from $6.2m UK-based upmarket estate agents Wetherell is holding a Mayfair exhibition on behalf of developer Signature Developers for the international launch of The 118, a Dubai luxury residential skyscraper....

Abu Dhabi Global Market's regulator publishes consultation paper setting out proposed framework The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) on Monday published a consultation paper setting out its proposed framework to regulate spot crypto asset...

Tony Douglas says no intention to become a 'boutique' operator Etihad Airways intends to remain a major global carrier as it works on re-sizing its global business following record losses, according to new CEO Tony Douglas. The Gulf company, which has built up a vast inter-continental...

Dubai shares rose on Monday, helped by strong earnings at Emaar Development. DUBAI- Dubai shares rose on Monday, helped by strong earnings at Emaar Development and outperforming the Gulf region, where most markets weakened amid a slight correction in oil prices and selective profit-taking....

UAEIIC is playing an instrumental role in bridging the gap between public and private sector DUBAI - The UAE International Investors Council, UAEIIC, today said that the UAE investors invested US$16 billion in foreign countries in 2016. The semi-government institution, which works under...

Announces construction of a new landmark hospital complex on Reem Island, Abu Dhabi ABU DHABI - Investcorp, a global provider and manager of alternative investment products, together with VAMED, a leading global provider of rehabilitation and other services for hospitals and promoter of...