Those who take advantage of the UAE's amnesty programme can come forward by October 31 without fines or criminal charges A Philippines national has reportedly had AED 1.08 million ($294,000) in visa overstay fines waived by the General Directorate of Residency and Foreigners Affairs...

Dubai government is saving Dh5.6 for every one dirham spent by Smart Dubai Dubai's march towards becoming the world's first smartest city continues unabated as the emirate has been ranked the 'Most Innovative City' in the region. It is also No.1 for deployment of smart city...

The bank declined to comment on whether it was renegotiating the terms of its acquisition of Turkey's Denizbank DUBAI: Emirates NBD, Dubai's largest bank, said on Sunday it was closely monitoring the situation in Turkey. The bank declined to comment on whether it was renegotiating...

In February, a survey conducted by Standard and Poor’s showed that rents declined 10%-15% in Dubai and will not recover before 2020. The real estate sector in the UAE is facing a stagnation, as property prices drop while investors tend to sell their units in a bid to avoid any risk...

The bourse is consulting with Dubai International Finance Center to launch a "product which provides a minimal investment limit and a Shariah-compliant interest rate: CEO DUBAI - The Nasdaq Dubai exchange plans to allow individuals to invest in sukuk (Islamic bonds) by 2019, the chief...

The Swedish national was deported after verbally abusing and unlawfully photographing an immigration officer The Dubai Public Prosecution has dropped criminal charges of a Swedish woman who attempted to enter the UAE on an expired passport and verbally abused an immigration officer,...

Move comes weeks after MENA's largest low-cost carrier disclosed exposure of $336 million to funds managed by the Dubai-based firm facing restructuring due to allegations of investor funds' misuse The founder of troubled private equity giant Abraaj Group has stepped down from the board...

Emirates airline launches discounted air fares to over 70 global destinations Emirates airline has launched one of its biggest sales yet, with reduced fares to over 70 destinations worldwide. The Dubai carrier said the sale, which lasts until August 20, applies to bookings for...

Dubai hotels witnessed significant growth in demand (room nights sold) in July, but performance levels remained low due to pressure from increased supply, a report said. The absolute average daily rate (ADR) level would be the lowest for any month in the market since August 2004, said STR’s...

DIFC Courts has partnered with Smart Dubai for this venture The Dubai International Financial Centre (DIFC) Courts has partnered with Smart Dubai to create the world's first Court of Blockchain, according to the Dubai Media Office. The partnership is the first step in creating a...