Saudi Housing: 96% of the Madinah projects are booked Media In / Agencies / Riyadh May 30, 2018 The Ministry of Housing confirmed the continuation of the detention operations in the latest six projects announced by the beginning of May neighbor, where these projects provide more than 14 thousand housing …
Read More »Ras Al Khaimah Economic Zone allows the licensing of “business centers”
Media In – Ras Al Khaimah May 30, Ras Al Khaimah Economic City (RAKIA) has announced that it has been authorized to license business centers in the emirate as part of several recent initiatives to improve the business environment by providing outstanding services to the business community. Mohammed Al Mahmoud, …
Read More »Abu Dhabi Economic Zone “: exempting the completed enterprises licenses since 24 months of late fees
Media In – Abu Dhabi 30 May 2018 / WAM / The Department of Economic Development – Abu Dhabi (ADED) has issued a decree exempting the economic establishments that have expired for more than 24 months and applying for renewal of their economic license, liquidation or cancellation of all outstanding …
Read More »Jordanian remittances abroad increased to $ 1.2 billion
Media In / Agencies / Amman 29 May 2018 The total remittances of Jordanian workers abroad increased by 2.1 percent to the end of April this year to 1.2 billion dollars (1.388 million dinars), compared with 1.18 billion for the corresponding period of 2017. On a monthly basis, preliminary data …
Read More »Saudi Arabia: “Zakat and Income” regulates the sale of foodstuffs for violations of the value added tax systems
Media In / Agencies / Riyadh May 29, 2018 The Saudi General Organization for Zakat and Income Tax has recently set a number of violations related to the application of value added tax during its field campaigns targeting wholesale and retail food stores in Riyadh and Al-Kharj. The Commission explained …
Read More »Foreign transfers of foreign workers in the first quarter were AED 43.5 billion
Media In – Abu Dhabi 29 May 2018 / WAM / The value of foreign remittances in the UAE rose to AED 43.5 billion in the first quarter of this year, an increase of AED 6.5 billion and a 17.3% increase compared to AED 37.1 billion in the first quarter …
Read More »AED 1.5 billion in hotel revenues in Abu Dhabi within 3 months
Media In – Abu Dhabi 29 May 2018 / WAM / In the first quarter of this year, hotel revenues in Abu Dhabi reached 1.5 billion dirhams, with the number of rooms provided by the sector rising to 31,483 rooms and increasing the occupancy rate to 78% and 2.7% growth …
Read More »Emirates operates the A380 to Hamburg
Media In Dubai, May 28, 2018 (WAM) Emirates, the largest international carrier in the world, today announced the launch of its Airbus A380 to serve one of its two daily flights between Dubai and Hamburg. The airline will celebrate its maiden flight using the A380 to the German station where …
Read More »Egypt: An electronic system to establish companies and a hotline to receive complaints
Media In – Cairo May 28, Dr. Sahar Nasr, Egyptian Minister of Investment, reviewed the latest developments in the services of the investors, which include an electronic system for establishing companies to allow the completion of all procedures in a short period of time, as well as representation of all …
Read More »$ 315 million acquisition of Dubai Ports by Cosmos Agencia Maritima
Media In / Agencies / Dubai, May 28, 2018 Dubai Ports World (DP World) today closed the acquisition of Cosmos Agencia Maritima SAAC, a US $ 315.7 million integrated logistics provider. DP World and Amdino Investment Holding announced on March 18 that DP World would acquire 100 per cent of …
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