Business

GCC states to enforce VAT in 2018, says official

11 Nov 2015

Enforcement of the tax will start next year; unified implementation across region will take another 3 years

11 November

Member states of the Gulf Cooperation Council (GCC) are expected to enforce a value-added tax (VAT) by 2018, according to a GCC source. An agreement on this tax will be forwarded to the next summit of GCC leaders for final endorsement, the source told Al Eqtisadiah.

Enforcement of the tax will start next year, while unified implementation across the... Read More

UAE Space Agency to set up meteor monitoring network in Abu Dhabi

11 Nov 2015

The project is expected to provide substantial astronomical data about meteor and satellite movements

11 November 2015

The United Arab Emirates’ Space Agency announced that it has signed an agreement with the International Astronomy Centre to set up a meteor monitoring and filming network in Abu Dhabi.

The project is expected to provide substantial astronomical data about meteor and satellite movements, including their coordinates. Such information will help support... Read More

Dubai Parks and Resorts on track to open by October 2016

11 Nov 2015

The company said most of the theme park’s procurement had been completed and 73 per cent of project structure work was complete

11 November 2015

Located in Jebel Ali, the Dhs 10bn project was first launched in 2012 by Sheikh Mohammed bin Rashid Al Maktoum. It will consist of three major theme parks: Hollywood-themed Motiongate Dubai, Legoland Dubai and Bollywood Parks Dubai along with Riverland, a grand entrance plaza and Lapita, a family themed hotel.

Dubai Parks and... Read More

Emirates SkyCargo opens new terminal in Dubai South

11 Nov 2015

Named Emirates SkyCentral, the cargo facility will house SkyCargo's fleet of 15 freighter aircraft

11 November 2015

Emirates SkyCargo's new terminal at the new Logistics District in Dubai South (earlier Dubai World Central) was officially inaugurated on Tuesday during the Dubai Air Show.

Named Emirates SkyCentral, the cargo facility will house SkyCargo's fleet of 15 freighter aircraft.

The terminal features centralised screening, an integrated police facility,... Read More

Emirates celebrates 30-year milestone

11 Nov 2015

Emirates today is the envy of the world because of the determination of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the passion and hard work of thousands of dedicated men and women working for the airline, said Shaikh Ahmed bin Saeed Al Maktoum, President of the Dubai Department of Civil Aviation and Chairman and Chief Executive of Emirates Airline and Group.

From its small beginning in 1985, Emirates has... Read More

UAE nationals can travel to Azerbaijan with visa on arrival

10 Nov 2015

The government of the Republic of Azerbaijan has lifted advance visa requirement for UAE passport holders effective 10th November 2015.

His Excellency Mr. Elkhan Gahramanov, Azerbaijan Ambassador to UAE, said that,”We are pleased that after many years of deliberation, the government of Azerbaijan is pleased to announce the Presidential approval by His Excellency Mr. Ilham Aliyev, President of Azerbaijan, to grant UAE passport holders entry tourist visa upon arrival at any of its... Read More

Enoc unveils $250 million pipeline project

10 Nov 2015

The pipeline will help meet traffic demand at Dubai International Airport and Al Maktoum International Airport  10 November 2015

Emirates national oil company, or Enoc, on Monday announced a new pipeline project worth $250 million, or Dh940 million, to fuel aviation growth at Dubai airports.

The pipeline will help meet traffic demand at Dubai International Airport and Al Maktoum International Airport, which is forecast to reach a total of 125 million passengers and more than five... Read More

Jumeirah archaeological museum to open

10 Nov 2015

Jumeirah archaeological site revamped

10 November 2015

Dubai: The Jumeirah Archaeological Site is currently under development as authorities expect to revamp the area by April 2016 to attract young visitors to the site, a senior municipality official announced on Sunday.

The site, which dates back to AD900, will feature a 608 square metre administrative building that will showcase artefacts that were excavated by archaeologists, in addition to a new cafe.

“The... Read More

HH Sheikh Hamed Bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, Inaugurates ADIPEC 2015

09 Nov 2015

18th Edition of World’s Leading Oil & Gas Event Breaks

Industry Records

First Day of Event Concludes with Prestigious

ADIPEC 2015 Awards

Abu Dhabi, UAE – 10 November 2015 – His Highness Sheikh Hamed Bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and member of the Abu Dhabi Executive Council, formally inaugurated the largest ever Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), marking the start of four days of industry-... Read More

Palazzo Versace Dubai opens its doors

09 Nov 2015

November 9th 2015 - Versace announces that the Palazzo Versace Dubai Hotel open its doors.

Palazzo Versace Dubai, developed in joint venture with Enshaa Group -one of the region’s premier developers -will be the most luxurious hotel the Middle East has ever seen. Artistic director Donatella Versace has exclusively designed the interiors and furniture for each of the 215 rooms, bringing the universe of Versace truly to life.

Every detail is exquisite, from the ceilings hand-... Read More

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