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UAE mulls change in ownership rules to boost foreign investment -18/9/2009
Legislation is likely to be submitted to the UAE cabinet, within two months, permitting change in ownership rules for firms established in the UAE by foreigners.
UAE tops the list among saving-conscious consumers -18/9/2009
Consumers in UAE and Qatar plan to save more during the next few months, than in other countries in the region, amidst the current economic recession, reveals a new survey by MasterCard.
Dubai hotel sector to rebound by 2010 -17/9/2009
Hotel sector in Dubai will witness considerable boost during the fourth quarter of the year, or early 2010, after suffering major decline in average hotel room rates during the first half of the year, the hotel industry executives revealed.
The first Dubai Metro greeted with happy smiles -17/9/2009
Dubai residents took a detour from their daily routes to catch the first train, the 6am Metro, out of the 10 Metro stations that opened on Wednesday.
DIFC is the first free zone to implement new Establishment Card System -17/9/2009
The DIFC (Dubai International Financial Center) has become the first free zone in Dubai to implement the DNRDs (Department of Naturalization and Residency) new Establishment Card System (ECS).
First phase of Trade Center Plaza to be unveiled this month -9/9/2009
The Dubai World Trade Center (DWTC), which operates one of the largest convention facilities in the region, yesterday revealed that the first phase of its new Trade Center Plaza is due for opening this month.
Dubai Metro opens to public on 10th September -9/9/2009
Dubai Metro will be officially launched on 9th September, although it will be open to public only on September 10th between 10am and 6pm, a senior official at the Dubai Roads and Transport Authority has announced.
Ferrari World theme park moving towards timely completion -4/9/2009
Largest theme park in the world and the largest indoor theme park in the world, The Ferrari World is on track for completion next year, revealed its operator.
Abu Dhabi to build 17,000 new villas for nationals -26/8/2009
About 17,000 new villas in 23 locations are to be built for citizens during the next five years, the Director General of the Abu Dhabi Centre for Housing and Service Facilities Development (ADCHSFD), Khamis Sultan al Suwaidi, confirmed on Tuesday.
Dubai rents continue to decline 30 percent in August -25/8/2009
Rents in Dubai have continued to dip in August, by almost 30 percent, although there are signs of stabilization in few areas.
UAE tops GCC nations in construction projects -25/8/2009
UAE is the topmost among the GCC countries in terms of construction activity, contributing to a total of 45 percent of the projects within the region, a new study has revealed.
New codeshare deal offers better accessibility to US destinations -22/8/2009
Following the regulatory approval of a new codeshare agreement between American Airlines and Etihad Airways, air travelers in the UAE can enjoy greater access to the destinations in the US.
UAE nationals cannot use ID cards to travel to KSA -22/8/2009
Saudi Arabia has suspended the use of National ID cards for travel between the Kingdom of Saudi Arabia (KSA) and the UAE by the nationals of the two countries, reported the Director General of Passports, Maj Gen Salim Bin Muhammad Al-Blaihid.
RAK Dream Tours unveiled to public -17/8/2009
RAK Dream Tours, a new tourism project along the Al Qawasim Corniche in Ras Al Khaimah, was unveiled to public on Friday night.
New decree in UAE erases minimum capital requirement for LLCs -12/8/2009
The minimum capital requirement for establishment of a Limited Liability Company (LLC) in the UAE was Dh 150,000 till date.
New PSSF Law to make Dubai a regional hub for payment processes -10/8/2009
A new law aimed at offering legal certainty to payments, creating confidence in transactions involving securities in financial services industry, has been made effective in UAE.
Empost to restrict Indian Passport Service Centers across UAE -8/8/2009
The Empost Authorities have announced their decision to limit the number of Indian Passport and Visa Service Centers across the UAE.
Dubai Duty Free is the biggest airport retail operation -5/8/2009
Dubai Duty Free has been ranked as the single biggest airport retail operation in the world, based on sales analysis, as the airport generated sales of $1.
Parking Spaces to be mandatory for all buildings -5/8/2009
It will soon be mandatory for landlords of multi-storey residential and commercial buildings to ensure a parking space for each apartment owner or lessee, if the plan drafted by the Ministry of Justice gets implemented.
Ferry Dubai to serve The Palm and The World -5/8/2009
As a part of The Marine Agencys plan to serve Nakheel development projects, the Ferry Dubai will serve The Palm and The World.
Dubai families yet to abide by the one-family-one-villa rule -31/7/2009
Several families in Dubai have been found defying the latest Municipality one-family-one-villa rule, reports The National.
Fingerprint Identification System applicable to Residence Visa seekers -24/7/2009
The Residency departments across the country will manage a fingerprint identification system, and database for all residents in the country, a senior official revealed.
Gulf expats maintain their spending levels -22/7/2009
According to an economic report submitted by the global consulting firm, Booz and Company, expatriates living in the GCC countries were able to maintain the same level of spending, despite the ongoing global financial crunch.
GCC nations agree to find alternative to sponsorship system -22/7/2009
The six GCC nations have endorsed the Bahraini proposal of arriving at a consensus among Gulf States about possible alternatives to the controversial sponsorship system and to impose a residence cap.
Garhoud Park will open to public next month -20/7/2009
The Dh.
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