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...

24/7 Drone Deliveries in Less Than 30 Minutes

Fetchr, Eniverse Technologies and Skycart announced today that they have joined forces to develop the very first autonomous drone delivery service in the region. This...

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...

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...

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...

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...

Dubai to implement duty on jewelry from 1st Jan 2017

Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...

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...

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...

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,...

2016 Global trade forecast revised downward

The World Trade Organization on Thursday, April 7, revised its 2016 global trade forecast downward by more than one percentage point, warning that a...

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...