DUBAI / WAM Dubai Investments has announced a 36 percent increase in sub-leasing contracts in its wholly-owned subsidiary Dubai Investments Park (DIP) in the first nine months of 2017 compared to last year. “Out of these, nearly 68 percent contracts pertained to existing subtenants, reflecting DIP’s growing demand as a premier business destination in the region. The new subtenants during …

ABU DHABI / WAM The Federal Tax Authority (FTA) has announced the sectors that will be subject to Value Added Tax (VAT) as of January 1, 2018, revealing selected sectors will be assigned zero-rated tax, such as education, healthcare, oil and gas, transportation and real estate. According to a statement released by the FTA, selected supplies in sectors such as …

Dubai / Emirates Business With Dubai targeting to become the Middle East’s smartest city by 2021, a growing number of local and international FinTech companies are looking to make the emirate their regional base, according to Links Group, an Equiom company and a leading provider of commercial facilitation and advisory services in the Middle East. The financial solutions ecosystem received …