The Expo 2020 winning bid will be announced in November this year.
The tax exemption, covering the 10 per cent municipality fee, will extend to applications over the next three years.
The UAE’s booming private education sector has attracted many UK universities to setup affiliate campuses in Dubai.
GDP rose 0.6 per cent from the first quarter, according to the Ministry of Planning and Statistics.
Ahmad Mehsari from Qatar Islamic Bank will take over as the bank’s acting chief executive.
Egypt has received $3 billion from the UAE and $2 billion each from Saudi Arabia and Kuwait
Over 1.5 million passengers passed through the emirate’s airport in August.
GCC states’ expenditure on rail schemes, expansion of power generation plants and housing projects is expected to boost capital expenditure in 2013.
A campaign calling for women to defy the ban in a protest drive on October 26 has spread rapidly online.
According to the IMF, Dubai’s total debt stands at $142 billion, or around 102 per cent of its GDP.
Vivendi in July entered into exclusive negotiations with Etisalat to sell its majority holding stake in Maroc Telecom for 3.9 billion euros in cash.
Bank Dhofar has appointed Abdul Omar Al-Ojaili as its acting chief executive, replacing Anthony Mahoney.
Oman aims to develop its fledgling Islamic finance industry with a debut issue of sukuk by the government.
The Egyptian army ousted Mursi, a Muslim Brotherhood leader, on July 3 after mass protests against his one-year rule.
A MasterCard study has found the UAE has one of the fastest changing payments systems.
Major food exports from the Australian state include dairy, meat, fresh fruit and vegetables
Emirates REIT, formed in 2010, has income-generating assets worth 770 million dirhams.
Jordan was hit by a financial crisis last year as foreign aid fell and welfare payments soared.
Emirates is the largest operator of Boeing’s twin-engined 777 jetliner and is looking at a more fuel efficient version to introduce around 2020.
MAF had a Carrefour store in Aleppo shut down as a result of the violence in Syria.
Dubai is competing with Izmir in Turkey, Sao Paulo in Brazil and Yekaterinburg in Russia for the right to host the 2020 world’s fair.
The flagship smartphone from Lenovo is unwieldy, but takes great photos.
The plant, when completed, will produce 10 per cent of the Gulf country’s water.
Saudi imposes a particularly light tax burden on entrepreneurs as compared to its European counterparts, says Ernst &Young
Dubai-based Noor Investment Group will act as the financial advisor to Dubai’s Supreme Council of Energy on the project
The Abu Dhabi fund said that profit attributable to equity owners for the first half of the year was Dhs1.1 billion.
The government currently owns more than 60 companies across various sectors in the country.
The LA Lakers’ player has received a tax-free trade license from the Dubai Multi Commodities Centre (DMCC).
The registration fee charged for real estate transactions has been raised to four per cent from two per cent.
The UAE’s airport retail sector has benefitted heavily from increased passenger traffic in the country.