2018 — Topical news of the United Arab Emirates

January 2, 2018 no comments 1108
UAE residents take the 5% consumption levy in their stride Most of the groceries, cafes, shops and supermarkets report normal business activity It was business as usual on Monday on the first day of implementation of value-added tax (VAT) in the UAE as the residents took the five per...

January 2, 2018 no comments 1232
The sale, which completed on 30th December, sees Al-Futtaim become the new sole franchisee for M&S in Hong Kong and Macau. DUBAI- Marks & Spencer (M&S) today confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim....

January 1, 2018 no comments 1039
The United Arab Emirates and Saudi Arabia have stepped into a new era with the introduction of 5 per cent value-added tax (VAT) on the majority of goods and services beginning today (January 1). The tax is imposed by Saudi Arabia and the UAE within the framework of a unified agreement...

January 1, 2018 no comments 1077
Dubai remains the most vibrant, futuristic, networked, cosmopolitan city in the Arab world The rise in Brent crude to $60 a barrel and the trade volume ballast generated by the world's first post-Lehman synchronised economic recovery is hugely positive for UAE economic growth in 2018....

January 1, 2018 no comments 1215
A packed crowd broke into shouts and whistles as spectacular fireworks lit up the sky at the iconic Burj Al Arab. Dubai welcomed 2018, the 'Year of Zayed', with a Guinness World Record title as hundreds of thousands of spectators were left spellbound by 'Light Up 2018', a laser light show...

January 1, 2018 no comments 1624
Enhancement projects expected to cut travel time from Sheikh Mohammed bin Zayed Road by 25 minutes Dubai’s Roads and Transport Authority (RTA) will open the first of a number of new bridges on Friday next that’s hoped to ease traffic congestion in the area. Rashidiya Bridge, at the...

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