0
PHASE ONE LAUNCH AT AIRPORTS
Tourists can reclaim VAT from November 18, says UAE
UAE’s Federal Tax Authority (FTA) has announced that Tax Refund for Tourists Scheme goes into effect on November 18, allowing eligible tourists to request refunds of the value-added tax (VAT) incurred on their purchases.
1
STRONG FUNDAMENTALS
FAB posts 16pc surge in Q3 net profit to $816m
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has reported third quarter earnings at Dh3 billion ($816 million), up 16 per cent year-on-year, a media report said.
2
KEY UNWTO MEETING
Bahrain to host major world tourism talks next week
Key priorities for the development of the world tourism sector over the next two years will be the focus of a major event hosted by Bahrain next week.
3
ANALYSIS
Mena enterprise IT spend ‘will grow 9.8pc in 2019’
Mena spending on enterprise information security technology and services is on pace to reach $1.9 billion in 2019, an increase of 9.8 per cent over 2018, according to the latest forecast from research and advisory company Gartner.
4
ANALYSIS
Firms must re-think to survive digital era: ICAEW
Accountancy firms need to thoroughly re-think their organisational structure, culture, people and practices to be fit and ready to compete in a digital world, said leading accountancy and finance body ICAEW in a new report.
Top Trade News
 | Industry Sectors |
Nakheel breaks ground on Dragon City twin tower project
UAE master developer Nakheel has broken ground on its first residential component at Dragon City - a Dh713-million ($194 million) twin-tower project comprising two 37-storey buildings, each with 571 one- and two-bedroom apartments.
More…
Huawei unveils Honor 8X in new shade of red
Honor, a leading smartphone e-brand under the Huawei Group, has unveiled a brand-new colourway for its latest smartphone, Honor 8X.
More…
Dewa awards contract for supply of 11kV power cables
Dubai Electricity and Water Authority (Dewa) has awarded contracts worth Dh382 million ($89.2 million) for the supply of 1,548 km of 11 kilovolt power cables. The manufacture and delivery of the cables will be completed by next September.
More…
Gulf International Bank names new board
Gulf International Bank (GIB) today announced the appointment of a new board of directors, headed by Dr Abdullah bin Hassan Alabdulgader, who continues as the chairman.
More…
Flexible working ‘could add $10trn to global economy’
A predicted boom in flexible working could contribute $10.04 trillion to the global economy by 2030, according to a socio-economic study of changing workplace practices commissioned by Regus and conducted by independent economists.
More…
Aramex launches WhatsApp business solution for customers
Aramex, a leading global provider of logistics and transportation solutions, has launched a more personalised customer interaction channel through its partnership with WhatsApp for Business.
More…
Airport Show 2019 powered by 375 exhibitors from 60 countries
The world’s largest annual airport exhibition in Dubai is going to be power-packed when it returns for its 19th year run in April 2019 with a record 375 exhibitors expected from 60 countries.
More…
UAE TRA hosts over 15,000 visitors at Gitex
UAE’s Telecommunications Regulatory Authority (TRA) concluded its participation in the 38th edition of Gitex Technology Week registering well over 15,000 visitors to its pavilion.
More…
Maserati offers 7-year service package
Maserati has announced an extended customer care service for its customers in the Middle East offering a seven-year maintenance and warranty package.
More…
E K Kanoo opens GCC's largest LLumar facility in Bahrain
Ebrahim K Kanoo, a diversified business conglomerate, has inaugurated the first dedicated LLumar showroom and facility in Bahrain offering the latest window film solutions for automotive and architectural applications. It’s also the GCC’s largest.
More…
Manzil Healthcare, Spectator launch new services
Manzil Healthcare Services, a leading homecare medical service provider in the UAE, in collaboration with Spectator Video Technology, has introduced technologically-advanced healthcare services.
More…
Dubai Culture hosts wood, gypsum workshop
Dubai Culture, the emirate’s dedicated entity for culture, arts, heritage, and literature, recently hosted a ‘Carving on Wood and Gypsum’ workshop in the Coin Museum at the Al Fahidi Historical Neighbourhood in the emirate.
More…
Khalifa Fund trains 15 entrepreneurs at Boot Camp
Khalifa Fund for Enterprise Development (KFED) recently organized the ‘Boot Camp’ phase of Pitch@Palace GCC 1.0, where 15 qualified entrepreneurs attended an intensive practical and analytical training.
More…
UAE approves National Policy for Senior Emiratis
The UAE Cabinet has approved the National Policy for Senior Emiratis to ensure senior citizens' wellbeing as part of the UAE Vision 2021 and the UAE Centennial Strategy 2071.
More…
