The Federal Tax Authority (FTA) has clarified regulations pertaining to Value Added Tax (VAT) when it comes to the real estate sector, stating that the supply of commercial real estate (selling or leasing) will be subject to the basic 5% tax rate, while residential units will remain generally exempt, except for the first supply of
Dubai’s standing as the undisputed jewellery capital of the Middle East has been cemented after of trade and consumer buyers flocked to the opening two days of VOD Dubai International Jewellery Show, which runs at Dubai World Trade Centre (DWTC) until Saturday, 18th November. Amid strong sales across the 500-plus local and international brands at the show, there are still hundreds of signature items left for sale. Among
The Roads and Transport Authority (RTA), in collaboration with the management of the Global Village, has endorsed a plan for operating electricity-powered abras to serve visitors of that popular leisure destination. The deployment of these abras on the Water Canal of the Global Village has been quite popular over the past eight years. “RTA is
GMC isprovidingentertainment for all the family this weekend at the Dubai International Motor Show (14 – 18 November 2017) by offering visitors a number of exciting, interactive activities, including the chance to compete in a new ‘Sierra Challenge’ and to view a showpiece from GMC’s rich Middle Eastern history in the form of a 1979
The United Nations Children’s Fund (UNICEF), an organization that provides humanitarian and developmental assistance to children and mothers around the world, has brought the ‘There is Hope’ exhibition to the Middle East for the first time. The exhibition is situated at Dubai International Financial Centre (DIFC) and will run until World Children’s Day on November
His Excellency Liborio Stellino, Ambassador of Italy to the UAE, officially opened the 300 m² Italian pavilion at this year’s VOD Dubai International Jewellery Show (VOD DIJS). He was joined by Valentina Setta, Italian Consul General, and Gianpaolo Bruno, Trade Commissioner to the UAE, Oman and Pakistan at the Italian Trade Agency (ITA). 29 leading
With an eye on empowering and engaging young employees, Saudi Aramco’s EXPEC Advanced Research Center (ARC) has launched several development programs over recent years targeting niche groups such as young researchers and women employees with the goal of expanding their skill sets. The latest initiative, incorporated into the department’s umbrella talent program, is tailored for