Dubai Airport Free Zone Authority reveals initiatives which aim to place Dubai 10 years ahead of other leading cities Dubai Airport Free Zone Authority (Dafza) has revealed its two initiatives which aim to place Dubai 10 years ahead of other leading cities in the world. Dubai Blink will...

Agreement first of its kind between two GCC nations The UAE and Saudi Arabia have signed a landmark double income tax treaty, the first such agreement between two members of the GCC, a tweet by the UAE Ministry of Finance confirmed on Thursday. Obaid Humaid Al Tayer, UAE Minister of...

Over half of UAE shoppers already have purchases in mind that they want to make in Ramadan Ramadan is set to provide a boost for UAE retailers, with two in five (40%) consumers believing that Ramadan has the best offers and is the best period for them to make all their purchases, new...

Sources say private-equity firm is in talks with Amanat Holdings to sell stake in Middlesex University's campus in Dubai Abraaj Group, the private-equity firm battling allegations it has misused funds, is in talks to sell its stake in Middlesex University’s campus in Dubai to Amanat...

Retail conglomerate Apparel Group announces the opening of Jamie Oliver's Pizzeria in Jumeirah Lake Towers Apparel Group, one of GCC’s largest retail conglomerates, has announced the opening of Jamie Oliver’s Pizzeria in Jumeirah Lake Towers, Dubai. It is the first Jamie Oliver’s...

Milestone follows the introduction of the Incubators and Business Accelerators regulations in the emirate Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has announced the licensing of the...

Technology firms to fly to Dubai for accelerator programme aimed at developing wearable devices and AI guides Dubai's Museum of the Future, which is set to open by the end of 2019, has launched a new accelerator programme designed to attract technology companies that can provide new...

New World Wealth says seven new billionaires will be created in the country compared to 2017 The number of billionaires living in the UAE is forecast to increase significantly by 2027, according to a new report. New World Wealth's AfrAsia Bank Global Wealth Migration Review, which named...

The Fund's cumulative development expenditure and investments amount to AED 83 billion Abu Dhabi Fund for Development (ADFD) announced that it financed 11 development projects worth AED1.4 billion in 2017, benefiting nine developing countries. Totalling more than AED 646 million, four...

Participants believe move could inject impetus into a thus-far moribund regional derivatives market The announcement by Nasdaq Dubai on Monday that it will begin offering futures contracts on some of Saudi Arabia's biggest stocks has been welcomed by market participants, who have told...