The group generated revenues of $72.81 billion and net profit of $9.83 billion as all business segments contribute to the growth
Government of Dubai
African + Eastern
Dubai restaurant announces price drop following new alcohol rules
The restaurant revealed that the price drop for most drinks will reflect today
African + Eastern
Dubai pubs cut prices after alcohol tax change
The move follows the recent removal of the 30 percent municipality tax on alcohol
African + Eastern
Dubai scraps alcohol tax: Cheaper drinks, higher hotel profits and everything you need to know
Everything you need to know about Dubai’s new alcohol regulations
African + Eastern
Dubai alcohol prices to fall as UAE scraps 30% tax: Experts
Restaurateurs indicated a decrease in prices of alcoholic beverages could be likely
African + Eastern
Dubai scraps alcohol fees: Everything you need to know
All you need to know about the new alcohol rules in Dubai
Digital Dubai Authority
Dubai ranks among top 5 in global digital governments: UN report
Dubai ranked number one in three categories – institutional framework, content provision and service provision
attract investors
Dubai reveals priorities as it positions itself as a global business hub
How Dubai aims to double the economy over the next few years, establish itself as a global business hub and rank number one in quality of life
cooling service provider
New regulations for district cooling systems in Dubai to be unveiled soon
The new regulations will bring increased transparency and establish stakeholder accountability to make the district cooling sector more efficient and customer centric, says Dubai government official
Aramco IPO
Dubai Ruler turns road toll operator Salik into a public joint stock company in ‘step towards IPO’
The Dubai-headquartered firm will have the legal, financial, and administrative autonomy to carry out its activities, with the right to open branches in Dubai and outside the emirate
DIFC
Savings scheme for expat employees in government roles will aid ‘retirement planning’ in Dubai: experts
The savings scheme will come into effect from 1 July, 2022, and aims to enhance the attractiveness and flexibility of the labour market in Dubai
business opportunities in dubai
Dubai’s newest free zone reveals headquarters aboard Queen Elizabeth 2 floating hotel
DUQE Free Zone aims to provide assistance even beyond the stage of launching a company, to include help with bank account opening, accounting, Emirates IDs, medical fitness checks, health insurance, VAT, and more
Dubai
Dubai ranked among safest, but most overworked cities in the world
Dubai ranked first globally for mitigating the impact of Covid and sixth for remote work, a new study indicates
Crown Prince of Dubai
Sheikh Hamdan reviews plans to boost Dubai real estate, create private sector deals worth $2.72bn per year
The comprehensive restructuring plans for the Dubai Land Department and Dubai Municipality aim to improve operational efficiencies, promote public-private partnerships, ensure sustainable development, and maximise the emirate’s economic, tourism, and commercial potential
attract investors
Dubai’s focus to take FDI ‘to new heights’ will spur profits, productivity, and create new jobs: experts
For each dollar of FDI, the local economy generates another one and exports two more. This means that every added flow of FDI investment has a ripple effect in augmenting value for the local economy, experts told Arabian Business
Debt Management Office
Dubai to boost financial sustainability, transparency, investor confidence with new Debt Management Office
The Debt Management Office established by the Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum will be tasked with meeting the government’s financing requirements and managing the sovereign debt portfolio
cloud services
Dubai Crown Prince issues ICT resolution to develop policies on digital services for the government
The ICT resolution seeks to ensure the optimal use of existing infrastructure, data, and services, while mitigating the risks associated with digitalisation initiatives
