Sharjah unveils AED24bn mega real estate project

SHARJAH / WAM A massive 24 million square metre-project said to be generating AED24 billion in real estate value was launched in Sharjah in the presence of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The Aljada, owned by Arada, is said to be the largest privately-owned mixed-use real estate project in the ...

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Souq to acquire Wing.ae to facilitate faster shipping

DUBAI / Emirates Business Souq.com announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the UAE, providing innovative mobile and web-based user-friendly delivery solutions for businesses and individual consumers. Souq.com previously invested in Wing.ae and will be acquiring 100% of the company. Wing.ae now has the full backing of Souq.com, a ...

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ADM continues to achieve ‘Green Abu Dhabi’ goals

ABU DHABI / WAM The Department of Municipal Affairs and Transport at the Abu Dhabi City Municipality (ADM) in cooperation with the Abu Dhabi Police and Tadweer, continues to achieve the goals of the ‘Green Abu Dhabi’ campaign, which aims to preserve various species of trees, including palm trees, green spaces, landscaping, and median plantations. The campaign seeks to support ...

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Building human resources and creating leaders our top priority

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Wednesday launched the new vision for the Mohammed bin Rashid Centre for Leadership Development, during a graduation ceremony of a new batch of young executive and government leaders. The ceremony was attended by HH Sheikh Ahmed bin Mohammed ...

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Chile to participate in Expo 2020 Dubai

Dubai / WAM Latin American nation Chile has announced it will join the UAE’s own celebration of ingenuity, Expo 2020 Dubai. The country has officially confirmed its participation in the first World Expo to be held in the Middle East, Africa and South Asia (MEASA) region. Through its overall theme, ‘Connecting Minds, Creating the Future’, Expo 2020 Dubai will offer ...

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China-Arab States Expo kicks off

NINGXIA / WAM The China-Arab States Expo kicked off on Wednesday in Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region, demonstrating the growing economic relations between the world’s 2nd largest economy and the Arab world. Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, who is leading the UAE high-level delegation, has underscored ...

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FTA approves VAT, selective tax systems

Abu Dhabi / WAM The board of the Federal Tax Authority (FTA), approved planned future changes to the UAE tax system, including new procedures to adopt a selective tax system next month and value added tax (VAT), at the start of next year. The board approved these changes during its second meeting, which was chaired by HH Sheikh Hamdan bin ...

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Using fake economic licence in Abu Dhabi to cost AED50,000

Abu Dhabi / WAM Abu Dhabi Department of Economic Development has toughened penalties against entities using bogus economic licenses to AED50,000, in addition to blacklisting violators. “Using fake licenses is a significant threat to economic activities and anti-counterfeiting measures have to be harshened to put an end to such practices,” said Khalifa Bin Salim Al Mansouri, Acting Undersecretary of DED, ...

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UAE’s first-ever ‘water homes’ arrives at Marasi Business Bay

Dubai / Emirates Business Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay. Over the coming days, the city will see more homes float into Marasi as Dubai ...

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UAE marks ‘National Day’ at EXPO 2017 Astana

Abu Dhabi / WAM The National Media Council (NMC) organised a celebration of ‘UAE National Day’ at the national pavilion at EXPO 2017 Astana, which will conclude on 10th September, as a symbolic national day allocated to each participating country, to present their heritage, culture and traditions. The celebration was attended by Timur Tokayev, Deputy Minister for Investment and Development ...

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