Local News

DLD’s smart cards to reduce brokers’ visit to deptt

  Dubai / Emirates Business Dubai Land Department (DLD) launched the latest edition of its ‘Trakheesi System’. The edition reflects the continuous efforts made by Dubai Land Department to improve its services, with the introduction of reliable and rapid procedures that will support customers, and promote the use of smart services provided to real estate companies, individuals and investors. The ...

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Heart of Sharjah extends ‘Al Basta’ to March 31

  Sharjah / Emirates Business Heart of Sharjah – one of the largest heritage-focussed project in the region – has announced that it has extended its ‘Al Basta’ market at Souq AI Shanasiyah to March 31. Initially scheduled to end on January 7, the new extension reflects on the growing turnout from the public and tourists, enjoying an authentic experience ...

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Dubai Culture inks MoU to provide reading opportunities at Dubai Airports

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, signed a Memorandum of Understanding (MoU) with Dubai Airports to provide reading opportunities for passengers in airport arrival and departure lounges. The project is due for completion by March 2017, to coincide with the UAE’s National Month of Reading. ...

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Abu Dhabi, Dubai among top realty markets in GCC

  Emirates Business Over the past decade, the GCC region has witnessed rapid economic development and demographic changes, including the influx of expatriates, which in turn has increased the region’s overall population. This coupled with rise in per capita income has fuelled the demand for residential units in the GCC region, said Al Masah Capital, region’s leading investment firm, in ...

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Majid Al Futtaim announces AED300mn Masdar City mall

  ABU DHABI / Emirates Business The Middle East and North Africa’s leading shopping mall, retail and leisure pioneer, Majid Al Futtaim, continues its expansion and announced a new AED 300 million project in Abu Dhabi – “My City Centre Masdar”. The new mall will be located in the heart of Masdar City, one of the world’s most sustainable urban ...

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Dubai leading destination for business events

  DUBAI / WAM Dubai Business Events (DBE) recorded its most successful year to date, winning 129 bids and proposals for upcoming conferences, meetings and incentive trips in partnership with local stakeholders. The number of future business events secured by Dubai Business Events increased by 79% in 2016, compared to 2015, consolidating Dubai’s position as a leading destination for business ...

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DIFC launches region’s first fintech accelerator in Dubai

  Dubai / WAM Dubai International Financial Centre (DIFC) the financial hub of the Middle East, Africa and South Asia (MEASA) region, announced on Tuesday the launch of the region’s first fintech accelerator in Dubai. Set to be operational in the first quarter of 2017, the FinTech Hive at DIFC will introduce cutting-edge financial services technologies to the MEASA markets while ...

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Jafza eases rules for foreign companies to operate in free zone

  Dubai / WAM Jebel Ali Free Zone (Jafza), a DP World Company, issued a new set of guidelines for the Jebel Ali Free Zone Companies Implementing Regulations 2016 that enable foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a new company. For the first time, Jafza has brought ...

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FAO praises UAE Food Bank initiative

  Abu Dhabi / WAM The Food and Agriculture Organisation (FAO) of the United Nations lauded the decision of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to institutionalise the efforts to fight hunger and food waste by launching the UAE Food Bank initiative. Nabil Gangi, FAO Representative to the UAE and ...

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