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2018 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

July 20, 2018 no comments 40
Retailer says it will open another 15 hypermarkets in Saudi Arabia in the next 18 months, of which five will open by the end of this year UAE hypermarket giant Lulu has announced plans to invest SR1 billion ($270 million) in Saudi Arabia by 2020. The retailer said it will open another...

July 20, 2018 no comments 36
The RTA expects a 25 per cent drop in traffic on Sheikh Zayed Road after the move. The new Salik gate on Sheikh Zayed Road after Ibn Battuta Mall heading towards Abu Dhabi will become operational on October 24, following the opening of the 7th Interchange as well as Al Yalayes and Al...

July 20, 2018 no comments 37
Dubai is a key re-export gateway for China’s trade with different markets around the world Dubai’s foreign trade with China grew by 6 per cent to reach as high as Dh176.4 billion ($47.53 billion) in 2017, compared to Dh166.35 billion in 2016, according to a statistic released by Dubai...

July 20, 2018 no comments 38
The rents are likely to slide further with anticipated handovers of key projects across the emirate, according to Asteco Dubai's real estate market is under pressure due to a continued decline in villa and apartment rental rates and sales prices during the second quarter, according to...

July 19, 2018 no comments 55
Decline in apartment sales was most prominent in Dubai International Financial Centre, Discovery Gardens and Dubai Sports City, says report Average villa and apartment sales prices fell by 4 percent during the second quarter of 2018, with an annual drop of 11 percent, according to Asteco....

July 19, 2018 no comments 66
Dubai's real estate market is under pressure due to a continued decline in villa and apartment rental rates and sales prices during the second quarter, according to Asteco, a leading property services company in the UAE. The rents are likely to slide further with anticipated handovers of key...

July 19, 2018 no comments 63
Dubai-based property developer Emaar said it will develop the Middle East’s largest Chinatown within the retail district of Dubai Creek Harbour, its six-sq-km mega-development, only 10 minutes from the Dubai International Airport and the iconic Burj Khalifa. The announcement coincides with...

July 19, 2018 no comments 70
DP World is currently present at six locations in India Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), has closed the transaction to acquire 90 per cent stake in Continental Warehousing Corporation...

July 19, 2018 no comments 57
The development philosophies and policy objectives of our countries are similar, says Xi. ABU DHABI- Chinese President Xi Jinping has said that the UAE and China are geographically far apart and different in national conditions, but "both are proud to have an enterprising and creative...

July 19, 2018 no comments 50
Real estate-related services are subject to five percent VAT on the value of the service ABU DHABI - The Federal Tax Authority, FTA, has called on persons dealing with commercial real estate to apply the basic Value Added Tax, VAT, rate of five percent on all sales and rent of such...
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