August 2017 — Topical news of the United Arab Emirates

August 8, 2017 no comments 1159
Dubai Land Department (DLD) has announced that the total value of real estate transactions in the emirate exceeded Dh390 billion ($106.18 billion) covering 95,000 deals in the 18 months from January 2016 to July, 2017. Sultan Butti bin Mejren, director general of DLD, was quoted by Wam news...

August 8, 2017 no comments 963
A small fire broke out in a Dubai hotel on Monday, forcing guests and staff to leave, in the third such blaze in the United Arab Emirates tourism and trade hub in less than a week. Several fire engines and an ambulance were deployed at the Movenpick hotel near the Marina district as scores...

August 8, 2017 no comments 908
Keen observers following the development of Federal tax laws in the UAE will have noticed the recent publication of the Federal Tax Procedures (FTP) Law which was announced in the press on 1 August. We await its publication in the Official Gazette, and it will come into force 30 days after that....

August 8, 2017 no comments 957
Arabtec Holding has announced that its construction arm has won a 363 million UAE dirham ($98.8 milion) contract to build a new mall at Dubai South. The mall will be built at the Emaar South project, which is a joint venture between Emaar Properties and the Dubai World Trade Centre. The...

August 7, 2017 no comments 912
Dubai: Some Dubai Metro commuters have been advised to allot additional time for travel on weekends as the partial closure on the red line has kicked off. The partial shutdown of Dubai Metro’s red line between Jumeirah Lakes Towers station and Ibn Battuta station has just started, to pave...

August 7, 2017 no comments 928
Abdulla Abdul Qader Al Maeeni, Director-General of the Emirates Authority for Standardisation and Metrology, ESMA, has confirmed that from next month the UAE will begin to implement the list of technical requirements for registration of drones used for recreational or commercial purposes....

August 7, 2017 no comments 1054
Dubai: In a country where shopping is a favourite pastime for residents with high disposable incomes, there is no shortage of malls, shopping centres and boutiques. Every so often, a new development is being announced, be it a mega shopping complex on a man-made island or a series of retail...

August 7, 2017 no comments 1009
Ras Al Khaimah Police have shut down 22 websites and social networking sites in 2017 for promoting narcotics to teens Police in Ras Al Khaimah have shut down as many as 22 websites that were promoting and selling narcotics to teenagers and the youth. Colonel Adnan Ali Al Zaabi,...

August 7, 2017 no comments 1068
First Abu Dhabi Bank, FAB, the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank will start to install new FAB signage...

August 7, 2017 no comments 1131
The United Arab Emirates is likely to see a 5 per cent uptick in new construction contract awards by the end of this year, according to Faithful + Gould. The latest Construction Intelligence Report produced by the firm for the first half of 2017 shows that $22 billion worth of awards were...

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