Etihad Energy Services Company (Etihad Esco) recently partnered with Daikin, a global leader in HVAC, for the replacement of existing chillers with advanced, energy efficient chillers as part of Jafza Package 3 energy retrofit project. The agreement was signed by Ali Al Jassim, CEO, Etihad...

UAE-based National Marine Dredging Company (NMDC) has been awarded a major contract by Abu Dhabi National Oil Company (Adnoc) to provide dredging, land reclamation and marine construction services contract for the first phase of development of the Ghasha Concession in the UAE capital. Under...

Offers perks on new homes within the thriving DAMAC Hills community DAMAC has launched its latest ready-built concept, Golf Town, located within DAMAC Hills, a popular gated-community in Dubai. Golf Town offers spacious, modern apartments and world-class views of the community’s...

Dual Sudanese-British citizen charged with wasting police time and making false statements The UAE Embassy in the UK has strongly denied reports that a British citizen was arrested last month for wearing a Qatar football shirt during the Asian Cup tournament. UK newspaper The...

Pope Francis hailed the signing of a document on 'human fraternity for world peace' with Sheikh Ahmed al-Tayeb, the imam of Cairo's Al-Azhar, Sunni Islam's prestigious seat of learning Pope Francis on Tuesday hailed a "step forward" in dialogue with Islam after his historic visit to...

Five times weekly service between Dubai and Tashkent will start on March 11 and will become a daily operation from May 31 Dubai-based flydubai has announced the start of flights to Tashkent, the capital of Uzbekistan. The five times weekly service between Dubai and Tashkent will...

Sheikh Saeed bin Ahmed Al Maktoum to support Invao as it seeks investors in the UAE Dubai royal Sheikh Saeed bin Ahmed Al Maktoum is backing cryptocurrency fund manager Invao as the Liechtenstein-based firm seeks to attract more investors from the UAE. His private office will help...

Any benefit in return for such payments will be subject to VAT. The Federal Tax Authority, FTA, has clarified that donations, grants and sponsorships are outside the scope of Value Added Tax, VAT, only when no benefit is received in return. Any benefit in return for such payments...

Developers now prefer to sell inventories closer to the actual date of delivery to gain higher traction from both investors and end-users. By now, it is common knowledge that off-plan transaction volumes witnessed a sizeable reduction from 2017 to 2018. There were fewer off-plan...

Swiss private bank says UAE is the first country outside its home market to have more than one branch Lombard Odier has announced plans to open a new branch office in Abu Dhabi that will allow it to offer advisory services to clients. The 223 year-old bank, which has had a...