October 2018 — Topical news of the United Arab Emirates

October 24, 2018 no comments 1491
Tourists coming to the United Arab Emirates will be able to claim a refund any value added tax (VAT) they pay while making purchases inside the country from November 18 onwards, the emirates’ tax authority announced on Monday. The Federal Tax Authority (FTA) said in a statement that...

October 24, 2018 no comments 1285
Following the resignation of Virgin Hyperloop One chairman Sir Richard Branson on Monday, Dubai-based global ports operator DP World, the la... Following the resignation of Virgin Hyperloop One chairman Sir Richard Branson on Monday, Dubai-based global ports operator DP World, the...

October 23, 2018 no comments 1412
New research says rising demand from Russian visitors will create an extra 2.9 million room nights in the Gulf over the next five years The number of Russian tourists travelling to the GCC is expected to increase 125 percent from 933,000 in 2018 to 2.1 million in 2023, according to...

October 23, 2018 no comments 1348
US-based Caesars Entertainment Corp is planning to open its two luxury hotels, a conference centre and a beach club on Bluewaters Caesars Entertainment Corporation is planning to open its two luxury hotels, a conference centre and a beach club on Bluewaters, a manmade island off the...

October 23, 2018 no comments 1287
Chicago-based lawsuit against the aircraft manufacturer alleges that a switch used by pilots to perform a 'go around' manoeuvre was defective and failed at a critical moment Passengers of the ill-fated Emirates flight that crashed-landed in Dubai in 2016 have the right to sue Boeing,...

October 23, 2018 no comments 1402
The bank, which was granted a commercial banking licence in Saudi Arabia earlier this year, has been expanding its staff DUBAI - First Abu Dhabi Bank (FAB), the largest lender in the United Arab Emirates by assets, said on Monday it will launch commercial banking operations in Saudi...

October 23, 2018 no comments 1423
Abu Dhabi Judicial Department has started the implementation of the new decision on Rental Dispute Settlement Committees. UAE - The new Abu Dhabi rental regulations that provides for settling of disputes within a short period of time aim at achieving quick and fair justice for all...

October 22, 2018 no comments 1433
UAE master developer Nakheel today (October 22) broke ground on its Dh713 million ($194 million) twin-building project located within the Dragon City mixed-use community in Dubai. The ground-breaking ceremony, led by Nakheel chairman Ali Rashid Lootah, comes a month after the developer had...

October 22, 2018 no comments 1518
Leading UAE construction group ASGC has boosted its expansive portfolio of services with the purchase of the majority shares in the local unit of Australian façade contracting company, JML UAE, based in Dubai. The purchase complements ASGC’s strategy in being the UAE’s most trusted...

October 22, 2018 no comments 1323
The chairman of Emaar Properties has described the 60 million square feet Dubai Creek Harbour project his company is developing as "really the most valuable site in the city". In an opening address to the Council on Tall Buildings and Urban Habitat's (CTBUH) annual conference in Dubai on...

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