July 2019 — Topical news of the United Arab Emirates

July 30, 2019 no comments 419
Dubai’s Roads and Transport Authority (RTA) has launched a ferry service with 42 daily journeys to commute passengers between Al Ghubaiba Marine Station in Dubai and Aquarium Marine Station in Sharjah. The new line, which marks the first marine transit service operated between Dubai and any...

July 30, 2019 no comments 295
Dubai’s Roads and Transport Authority (RTA) has carried out 74 initiatives including projects in the field of green economy, environmental sustainability, and power efficiency as part of its strategy for the optimal use of resources and energy. The ultimate objective of this drive is to use...

July 30, 2019 no comments 277
Aldar Properties has awarded Dh1 billion ($272 million) worth of contracts for the Alreeman and Reflection projects in Abu Dhabi.  Providing an update on projects under development across its key destinations in Abu Dhabi, Aldar said work on infrastructure in Alreeman, a master-planned...

July 30, 2019 no comments 256
Digital-only lifestyle bank by Emirates NBD reveals it has seen 44,000 new accounts opened since launch of competition to win island Liv, the digital-only lifestyle bank by Emirates NBD, has announced that more than 44,000 new accounts have been opened since it launched a competition...

July 30, 2019 no comments 266
Dubai International Financial Centre chases more Indian FinTech businesses during trip to Maharashtra Dubai International Financial Centre (DIFC) has completed a successful mission to the state of Maharashtra, India as it looks to further develop its financial technology (FinTech)...

July 30, 2019 no comments 254
Parents working at Zomato will be given an endowment of $1,000 per child to help support them welcome their new baby Employees of Zomato, whether male or female, will be entitled to 26 weeks of paid maternity and paternity leave. This represents a huge change for the UAE where...

July 30, 2019 no comments 233
Sources say operator of Burj Al Arab, plus total of 24 hotels worldwide, has slashed hundreds of jobs recently Jumeirah Group has cut hundreds of jobs as a slowdown in the emirate’s tourism industry weighs on the operator of Dubai’s sail-shaped Burj Al Arab hotel, according to people...

July 30, 2019 no comments 238
Kleindienst Group says first-half sales supports estimates that there is demand for up to 60,000 second homes in the UAE Kleindienst Group, the creator of The Heart of Europe project off the coast of Dubai, has announced revenues exceeded AED575 million ($155 million) during the first...

July 30, 2019 no comments 324
A high standard of living, high income per capita and high smartphone and mobile data penetration, has led to the perfect testing ground for fintech startups in the UAE. So what do you expect when you have experience talented pool of people meeting the young, ambitious startup...

July 30, 2019 no comments 254
With increased Expo 2020 spending, VAT revenues would easily be Dh35 billion-plus this year Greater compliance due to new legal aspects such as country-by-country reporting and Base Erosion and Profit Shifting (Beps), increased spending for Expo 2020, and more companies listing for...

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