Interesting News & Facts

  • Sheikh Mohammed announces up to Dh50,000 salary bonus in Dubai

       May 6, 2018     
    In conjunction with The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan's decision, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has also announced a salary bonus for all government employees in Dubai. Beneficiaries will receive up to a maximum amount of Dh50,000 and a minimum of Dh5,000 to be
  • Dubai Students' Smart Parking app wins Company of the Year Award

       May 5, 2018     
    Ten student company teams from Emirati schools were shortlisted to take part in an entrepreneurial competition organised by Injaz UAE, one of the world's largest non-profit business education
  • Dubai-Kuwait ranked among 'World's 20 busiest routes'

       May 5, 2018     
    The Dubai-Kuwait route has been ranked 9th among the 'World's 20 Busiest Routes', according to a study by air travel intelligence firm OAG Aviation. The results were based on frequency in the 12 months between March 2017 and February 2018 with 15,332 flights and more than 2.7 million passengers carried. It is the busiest route in the entire Middle East and Africa region. Emirate
  • Dubai powering UAE's growth

       May 3, 2018     
    The UAE non-oil economy is set for a strong rebound with a projected growth of 2.8 per cent in 2018 and 3.3 per cent in 2019 after a slowdown to 1.9 per cent last year, the International Monetary Fund said on Wednesday. Jihad Azour, director of the IMF's Middle East and Central Asia Department, said Dubai would be a key driver of the resilience with its no
  • Get children to develop reading habit early, says UAE counsellor

       May 3, 2018     
    Parents should instil in their children good values and positive habits, like reading, at an early age to develop their personalities and to contribute to the community, said a UAE counsellor. At a discussion entitled 'Read and Rise' on Abu Dhabi International Book Fair's final day, Khalifa Al Mehrazi, a social counsellor, said that effective reading skill
  • UAE works with countries to ensure labour rights: Minister

       May 2, 2018     
    The UAE continues to work closely with countries of labourers' origin to improve protection to workers who are at the risk of abuse beyond borders, a UAE minister said after launching a report that highlighted the UAE's improvement in labour welfare and domestic law. Nasser Thani Al Hamli, Minister of Human Resources and Emiratisation, said the ministry is
  • Japanese PM visits Founder's Memorial in UAE

       April 30, 2018     
    Japan's Prime Minister Shinzo Abe, accompanied by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State; UAE Ambassador to Japan, Khaled Amran Al Ameri, and Ambassador of Japan to the UAE, Kanji Fujiki, visited on Sunday the Founder's Memorial in Abu Dhabi as part of his visit to the country. Dr Yousef Al Obaidli, Director General of The Founder's Memoria
  • DP World, Virgin Hyperloop One to build hyperloop system for UAE cargo

       April 30, 2018     
    Dubai: DP World, the Dubai-based ports operator, said on Sunday that it would formally partner with Virgin Hyperloop One to build ultra high-speed cargo delivery systems around the world. DP World is already the largest investor in Virgin Hyperloop One, occupying two board seats and participating in the US-based company’s latest $50 million funding r
  • New Dubai 'millionaire' struggles with loans

       April 28, 2018     
    Dubai: S.R. Shenoy has just been declared winner of $1 million cash prize at a raffle draw in Dubai, and his luck could not have come at a better time. The Indian expatriate, 37, has mounting debts to pay. In the nine years that he’s been away from his home country, he has racked up approximately Dh230,000 to Dh240,000 in loans and credit car
  • VAT refund scheme for UAE tourists gets the nod

       April 26, 2018     
    The Federal Tax Authority (FTA) on Wednesday approved a refund scheme for tourists under which outlets and points of sales across the UAE will be connected to the refund system. During its fifth meeting, the FTA said the number of businesses registered for VAT had surged to 281,000 while 637 have registered for excise tax. Tax experts said the refu
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