Abu Dhabi / Emirates Business Al Farwaniya Property Developments, the developer behind Reem Mall – Abu Dhabi’s latest retail, leisure and entertainment destination, on Sunday announced that construction of the $1.2bn project has commenced. The news comes after a $457 million senior credit facility was signed to complete the financing on the project and Itinera Ghantoot, a UAE-Italy joint venture, ...

Abu Dhabi / WAM Emirates Diplomatic Academy (EDA), the UAE’s leading international relations and diplomatic institution, on Sunday hosted a one-day workshop for young leaders aged between 18 and 35 years, titled ‘MENA Diplomacy Dialogue: The Role of Gender in Foreign and Security Policy’. The interactive workshop was held at the Academy in conjunction with the UAE Ministry of Foreign ...

DUBAI / Emirates Business QPQ International, an innovative online networking platform that embraces three of the biggest trends of the future including sharing economy, artificial intelligence and blockchain principles would be launching in the UAE this week. The state-of-the-art platform will cater to established business owners, entrepreneurs, SME’s, influencers and high-net worth individuals, to help them network and collaborate on ...

Milan / Emirates Business Azimut Yachts selected the prestigious context of Triennale Design Week, to showcase a real 21-meter yacht, the S7, which took pride of place at the Palazzo dell’Arte. The yacht was featured in a light design performance that showed off its outline and style details, adding poetry to the installation, created by FeelRouge Worldwide Show. Azimut Yachts ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), revealed that approximately 90,000 businesses registered for Value Added Tax (VAT), are required to submit their tax returns and pay their taxes no later than April 29. Over 85,000 of these companies had their first quarterly tax period end in March, while the remaining businesses saw their monthly periods end on ...

Abu Dhabi / Emirates Business The Department of Economic Development (DED), in Dubai signed a memorandum of understanding (MoU), with the Dubai Free Zones (DFZ), Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared commitment of the two entities to reinforce Dubai as the number one global hub for attracting businesses, facilitating ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, FDF, who is also the Honorary President of the Emirates Red Crescent, ERC, has provided additional support of $1 million to the Fund for Refugee Women. The ...

Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), on Sunday organised the Mena Diplomacy Dialogue, discussing ‘The Role of Gender in Foreign and Security Policy,’ to review the role of gender in addressing the role of women in achieving security and maintaining peace. Dr Nawal Al-Hosany, Deputy Director-General of EDA, said that despite relentless international calls for women to ...

Dubai / WAM The Sustainable Communities and Climate Change Summit (SCCCS), was held on Sunday, under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, to provide a dedicated platform to discuss major regional and international issues in relation to climate change and other sustainability challenges facing ...

Bloomberg Bond traders agonizing over the flattening US yield curve got a bit of a break last week. But with a flood of Treasury supply about to hit the market, they’ll have little time to catch their breath. The US will issue a combined $96 billion of two-, five- and seven-year notes this week, the largest slate of fixed-rate coupon ...