December 2017 — Topical news of the United Arab Emirates

December 31, 2017 no comments 273
Total of 21,411 tourists and 3,849 crew were on board the ships as Dubai confirms cruise tourism hub status The cruise quay at Dubai's Rashid Port received four cruise ships simultaneously on Friday - Aida Stilla, Main Chef 5, MSC Splendida and Coasta Mediterrania - the first time this has...

December 31, 2017 no comments 253
Dubai Health Authority inks agreement with SRG Holdings for centre in Al Barsha Dubai Health Authority (DHA) has signed an agreement with SRG Holdings to build a specialised dialysis centre in the Al Barsha area of Dubai. SRG Holdings will fund the design and construction of the...

December 31, 2017 no comments 239
Dubai moves up 25 places to the 89th position in the global ranking The economic diversification drive initiated by the GCC governments has started to bear fruit, as Dubai enters the ranks of the top cities in the world, joining Abu Dhabi and Riyadh on the global list. Experts have...

December 30, 2017 no comments 230
Central bank tells financial companies that they will absorb applicable VAT until further instructions UAE - The Central Bank of the UAE has asked local banks not to increase the existing fees for customers due to the upcoming value added tax (VAT). "Banks and finance companies will...

December 30, 2017 no comments 360
Huge preparations continue to make Downtown Dubai spectacle one of world's best A live Twitter feed will capture the Light Up 2018 event to bring in the new year in Dubai, Emaar has announced. As Emaar readies to welcome hundreds of thousands of visitors to Downtown Dubai for the...

December 30, 2017 no comments 287
Statistics Centre - Abu Dhabi says merchandise through ports falls 5.3% in first 10 months of 2017 The value of non-oil foreign trade through Abu Dhabi ports decreased by 5.3 percent to AED133.8 billion ($36.4 billion) during the first 10 months of 2017 from AED141.3 billion in the same...

December 30, 2017 no comments 295
Real estate portal Bayut.com announces biggest winners and losers in 2017 Dubai International City saw the largest drop in rents during 2017 with values down by 16 percent compared to the year-earlier period, according to real estate portal Bayut.com. The average rent for a one-bed...

December 29, 2017 no comments 295
The venue will be open from 11am to 11pm with an entry fee of Dh5, while children below 12 can enter the halls for free. All the year-end retail traffic is set to get diverted to Sharjah as a first-of-its-kind winter clearance fair opens on Thursday at Expo Centre Sharjah. Winter...

December 29, 2017 no comments 255
Sources say private equity firm is keen to acquire stake in Sanovel Ilac Sanayi & Ticaret Abraaj Group, the Dubai-based private-equity firm focused on emerging markets, is in talks to buy a stake in Turkish drugmaker Sanovel Ilac Sanayi & Ticaret, according to two people with knowledge of...

December 29, 2017 no comments 295
Diversion planned to allow construction of flyover, a four-lane tunnel and a one-lane bridge Two-way road diversions stretching from Sheikh Khalifa Street in the direction of the Dubai World Trade Centre roundabout will begin on Saturday and are likely to last for months. The Roads...