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UAE

Dubai says 163 free zone firms given permission to operate onshore

Abu Dhabi also said on Sunday it would allow free zone companies to operate onshore for the first time

Abu Dhabi crown prince outlines Dhs50bn stimulus plan

The plan includes Dhs20bn of spending for next year

UAE President increases 2018 budget by $536m

The UAE Cabinet said in November that it projected spending at Dhs51.4bn ($14bn)

Dubai opens new interchange on Sheikh Zayed Road

The two projects will enhance the link between Sheikh Zayed Road and both Sheikh Mohammed bin Zayed Road and Emirates Road

The UAE’s next public holiday to fall in November

The UAE has three more public holidays coming up this year

driving licence new

UAE citizens, residents can now apply for international driving licence through an app

The licence, available in 10 languages, will be valid for one year

Abu Dhabi introduces dual licensing for onshore, free zone firms

The Department of Economic development said dual licensing would allow businesses to work and partner with other government entities

Tabarak Investment increases its stake in Dubai contractor Drake & Scull

The company will hold a general assembly on September 27 to vote on whether it should continue operating

Abu Dhabi Financial Group offers revised bid for Abraaj’s Middle East funds

More than a dozen bidders are seeking to buy the bulk of Abraaj’s private equity funds

Five minutes…Craig Hartenstine, executive producer, Dubai show La Perle by Dragone

The show has welcomed “several hundred thousand guests” in its first year of operations

Dubai financial regulator appoints new CEO

Stirewalt replaces Ian Johnston, who announced his intention to retire in late 2017

Dubai’s DSI says it will seek to keep operating as shares slide

The company posted a second-quarter net loss of $49.3m, with shares down 82 per cent since the end of last year

Direct flights to be launched from Luxembourg to Ras Al Khaimah

The weekly flights will be operated by European tour operator LuxairTours

UAE firms warned against job ads specifying race, gender, nationality

The statement came after a job posting by a UAE nursery specifying a candidate of “European origin and white skin”

Dubai contractor Drake & Scull says shareholders to decide whether to dissolve firm

Drake & Scull’s stock price has plunged 80 per cent this year and hit a record low last week

UAE’s Aldar Properties creates new subsidiary with Dhs20bn assets

The subsidiary, Aldar Investment Properties, will take ownership of some of the company’s highest revenue-generating assets

Dubai’s Emaar refutes reports that it will provide 10-year investor visas

A media report claimed that the company was handing out the visas to buyers in six projects

Abu Dhabi, Dubai announce free parking for Islamic New Year

The government has declared a public and private sector holiday on Thursday

Dubai’s Emaar to offer 10-year investor visas to some buyers – report

Projects covered in the plan include six under development in Dubai Creek Harbour and Downtown Dubai

UAE transport authority pushes for maritime VAT exemption – report

The proposed policy change would put the UAE’s tax regime inline with other countries

UAE’s ADNOC to build 3,000 homes in Al Ruwais

The residential project will support a $3.1bn expansion to the town’s refinery

Fitness platform ClassPass to launch in Dubai in October

The platform is targeting regional growth with $85m fund

Dubai editor case: Forensic expert says Francis Matthew was ‘temporarily insane’ when he killed his wife

Matthew, 62, is currently appealing against a 10-year sentence that was handed down by a Dubai Court earlier this year

Dubai’s Emirates to briefly operate A380 to St. Petersburg in October

The jumbo jet will be deployed to the Russian city from October 25-29

Indian rupee touches fresh new low against the dollar, UAE dirham

It hit a new record low of 72.58 against the US dollar on Monday

US firm State Street opens Abu Dhabi office

The company has operated in Dubai for 26 years

Dubai’s non-oil economy growing at a ‘similar rate to 2017, or a touch slower’

The travel and tourism and construction sectors saw softer growth in August

Abu Dhabi football club Al Jazira appoints Manchester City official as new CEO

Nick Garcia previously worked in Abu Dhabi for five years as part of sports marketing agency CSM

UAE businessman Habtoor calls on telcos to lift Skype ban

The outspoken billionaire said the ban on VoIP services went against the country’s aim of being number one

UAE president appoints new minister

Ahmed bin Al Sayegh is the chairman of Abu Dhabi Global Market