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Dubai SME and aswaaq launch new retail franchise to support entrepreneurs

Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, and...

Designated Zones in UAE for VAT Exemption Revealed

The Ministry of Finance has clarified the details of Cabinet Decision No. (59) of 2017 on Designated Zones for the purposes of the Federal...

Jafza registers 8% growth in companies on annual basis

Jebel Ali Free Zone (Jafza), the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle East region,...

ASEAN Market Now More Accessible than European Union, United States

Increased integration into the global economy of the economies that comprise the Association of Southeast Asian Nations (ASEAN) has made the region a more...

Excise Tax to Go into Effect on October 1, 2017

The planned Excise Tax is set to go into effect at the beginning of October 2017, announced the Federal Tax Authority (FTA) at a...

Diamond and Gold Trade Exempted from VAT as Demand Halves

The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...

Jafza Named Best Free Zone For Large Companies Worldwide

Jafza has been named the world’s best free zone for 2017 in key categories of the FDi magazine's annual awards for global free zones. Jafza...

Leading Trade Fairs in Autumn Announced

The Hong Kong Trade Development Council (HKTDC) announced today that ten international trade fairs in autumn covering watches and clocks, fashion, electronics products, building...

Fifth HKTDC Lifestyle Expo in Dubai Opens Monday

The fifth Lifestyle Expo in Dubai will take place from 25-26 September at the Hyatt Regency Dubai, connecting Hong Kong and Chinese mainland suppliers...

UAE Business Activity Reaches All-Time High

UAE business activity in non-oil private sector has increased, hitting an all-time high this October, shows the latest HSBC UAE Purchasing Managers’ Index. The...

Dubai’s non-oil foreign trade hits Dhs1.283 trillion in 2015

Dubai’s and the UAE’s economic diversification strategies are achieving their objectives, which reflect the country’s economic resilience and its ability to adapt to fluctuations...

DMCC and World Gold Council release second edition of ‘Visions of...

Gold coin series reinforces Dubai’s position as the City of Gold, and an important hub in the region Visions...

Historic Diamond unveiled in Dubai

First public unveiling of 478 carat diamond jointly hosted by DMCC and Letšeng Diamonds Dubai Multi Commodities Centre (DMCC) and Letšeng Diamonds today hosted...

Dubai Export Development Corporation and Jebel Ali Free Zone Authority sign...

Dubai Export Development Corporation (EDC) and the Jebel Ali Free Zone Authority (Jafza) member of Economic Zones World, have signed a Memorandum of...

Dubai Wholesale City to become the largest trade hub worldwide

The largest global wholesale hub launched today in the UAE, Dubai Wholesale City, is set to span over 550 million sq. feet, with an...

Dubai to host global headquarters of international trade confederation for pulses...

1. International Pulses Trade and Industry Confederation CICILS/IPTIC to operate in DMCC 2. CICILS/IPTIC represents more than 500 leading companies from 32 countries 3. Pulses represent US$...

New electronic system for tenders launched

DoF starts publishing its tenders electronically The Department of Finance  recently completed a project to operate electronic tendering systems and electronic registration of suppliers and...

New Traders Market To Open in Jebel Ali Free Zone Area

Global trade enabler DP World and the Zhejiang China Commodities City Group have signed an agreement to build a new ‘Traders Market’ at DP...