Abu Dhabi/Dubai: The achievements and milestones reached by Emirati women are integral to the success story of the UAE and its enviable place on the global platform. Fired by their passion for nation-building and pursuing ambitions and goals that open new horizons for women empowerment,...

Dubai: The Federal Tax Authority (FTA) on Saturday launched a website aimed at keeping businesses and consumers informed of the latest developments relating to the upcoming introduction of excise tax and value-added tax (VAT) in the UAE. The FTA website, www.tax.gov.ae, includes information...

Here’s how brokers should deal with market volatility If you’re in the world of brokerage you will be very familiar with the term ‘volatility’. Market fluctuations come with the territory, and so far 2017 has been no different. Back in January, Bloomberg expected high...

The UAE Central Bank is introducing a new initiative in line with global movement on digital payments There is an ever-growing move in the global markets towards digital, and exploring the non-traditional areas for payments within banking industries and government entities alike. The...

Emirates Glass, a subsidiary of Dubai Investments and one of the largest processors of flat architectural glass in the region, has announced winning mega projects worth Dh100 million ($27.2million) across the UAE, Kuwait and Saudi Arabia. Emirates Glass announced that it is executing more than...

Dubai’s has Roads and Transport Authority (RTA) has endorsed a contract for procuring 554 environment-friendly hybrid vehicles. These vehicles, which are fitted with a combination of fuel engine and electric motors, currently constitute about 11 per cent of the fleet of the Dubai Taxi...

Abu Dhabi: A research study is looking at the potential use of geothermal energy — the heat produced inside the earth — as a new source of clean and renewable energy for the UAE. The project, which is being undertaken by researchers at UAE University (UAEU), has studied geological sites in...

ABU DHABI: The Excise Tax Law shall come into play effective October 1st, 2017, in the UAE, Ministry of Finance has told Emirates News Agency, WAM. “The Tax shall impact all excise goods consumed inside the country, including all the country’s free zones and ports,” said Younis Haji Al Khouri,...

The mobile banking app aims to provide financial inclusion to low-income migrant workers UAE-based FinTech start-up Now Money has received funding worth $700,000 from two US based venture capital investors, it announced on Tuesday. The investors included Accion Venture Lab, a...

Creekside 18 residences is a two-tower apartment complex in the Dubai Creek Harbour project Dubai developer Emaar has awarded the main construction contract for its waterfront residential project Creekside 18 to Al Naboodah Construction Group (ANCG) – part of the Al Naboodah Group...