12,000 crores worth projects underway in DubaiBusiness

12,000 crores worth projects underway in Dubai

12,000 crore worth projects are making headway with the countdown of Dubai 2020 Expo. Several important projects like the extension…

His Excellency Suhail Mohammed Faraj Al Mazroui the new OPEC presidentBusiness

His Excellency Suhail Mohammed Faraj Al Mazroui the new OPEC president

His Excellency Suhail Mohammed Faraj Al Mazroui, the minister of energy, UAE has been chosen the new president of OPEC, the…

Dubai Global Village continues to attract visitorsBusiness

Dubai Global Village continues to attract visitors

Global Village is Dubai’s leading family entertainment and cultural attraction with a unique shopping experience at 30 pavilions each representing…

Shop at up to 80% discount at CEF 2017Business

Shop at up to 80% discount at CEF 2017

The third Consumer Electronics Fashion (CEF) will draw to a close on December 3rd, Sunday. Various products had up to…

Saudi Jewelry shops to be Nationalised from December 3Business

Saudi Jewelry shops to be Nationalised from December 3

Jewelry shops in Saudi Arabia will be nationalized from December 3 onwards, and the Ministry of Labor and Social Development…

Register for VAT by December 4 to avoid penaltyBusiness

Register for VAT by December 4 to avoid penalty

The federal tax authority has declared that the last date for VAT registration without penalizing will be December 4. As…

Flying in UAE this weekend: Here’s how to survive the rush hoursBusiness

Flying in UAE this weekend: Here’s how to survive the rush hours

UAE is all set to celebrate its 46th National Day and the airports in the country will be witnessing some…

UAE fuel rates to increase in DecemberBusiness

UAE fuel rates to increase in December

The fuel prices in the UAE will be raised next month and will be the highest since July 2015. The…

VAT Executive Regulation signedBusiness

VAT Executive Regulation signed

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, signed…

“Artificial intelligence and digitalisation save up to 30-50 percent in operating costs for the banking and financial system,” says Al Ghurair.Business

“Artificial intelligence and digitalisation save up to 30-50 percent in operating costs for the banking and financial system,” says Al Ghurair.

According to AbdulAziz Al Ghurair, Chairman of the UAE Banks Federation, the UAE banking system has been a long way…