UAE is ranked 74th, indicating an increase in complexity since its 2017 inaugural ranking of 92 The United Arab Emirates (UAE) is among the 20 least complex jurisdictions in the world for accounting and tax compliance, according to TMF Group’s Financial Complexity Index 2018. The global...

New survey shows that consumers in region are rapidly shifting purchasing behaviours Gulf shoppers are becoming more cost-conscious, less brand-loyal and rapidly shifting purchasing behaviours, according to a new survey. The 2018 Middle East Sentiment Survey by McKinsey & Company...

Tinder agrees sponsorship deal with City's men's and women's teams, along with sister club New York City FC Abu Dhabi-owned Manchester City announced a long-term partnership with Tinder on Thursday as the dating app launches its first in-depth foray into the sports market. Tinder has...

Ajman's Municipality and Planning Department, du will work jointly on Smart Rumaila District Project Dubai-based telco du has signed an agreement to transform Ajman's Rumaila District into a smart residential area. Ajman's Municipality and Planning Department (MPD) and du will work...

IATA warns that weak conditions on the routes to and from Europe have seen demand trend downwards Middle Eastern carriers saw air cargo volumes increase by more than 7 percent in February, according to latest figures published by the International Air Transport Association (IATA)....

The UAE is Australia's largest trading partner in the Middle East Australia has confirmed its participation in the upcoming Expo 2020 Dubai, officials announced on Thursday. The country’s participation was confirmed by Australian Ambassador Arthur Spyrou and Reem Al Hashimy, the UAE’s...

Leading international consultancy and construction company Mace said its joint venture with technical professional services firm Jacobs has been appointed as the British government’s delivery partner for the UK Pavilion at Expo 2020 Dubai. As per the deal, Mace and Jacobs will act as the...

Tenants prefer to relocate to main island to capitalise on falling rents Residential units on Abu Dhabi's main island are seeing steady take-up. However, new tenants are not resulting in these positive absorption figures. Rather, this is just a displacement of a portion of the tenant pool...

Developer is offering a range of services under one roof to facilitate a seamless move-in process Dubai Properties has announced the on-time completion of Mudon's Arabella townhouses, located in Dubailand. The developer is welcoming new residents with a unique initiative - the Handover...

Industrial and business activities have received the largest funding rounds as compared to other sectors Lending by UAE banks for industrial and business operations amounted to Dh7.4 billion ($2 billion) during the first two months of the year, marking a growth of 1 per cent over the end...