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DLD launches its real estate promotion plan (5 February 2019)
Dubai Land Department (DLD) launched its real estate promotion plan for the Real Estate Investment Promotion Investment Management Sector during a press conference held today in the presence of HE Sultan Butti bin Mejren, Director General of DLD.

Federal Tax Authority: Donations, Grants and Sponsorships Exempt from VAT Only When Donor, Grantor or Sponsor Has Not Received Benefits in Return (5 February 2019)
The Federal Tax Authority (FTA) has outlined the principles that must be applied to ascertain the taxability of donations, grants, and sponsorships, noting that if the donor, grantor, or sponsor has received any benefit in return for such payments

DP World Handles 71 Million TEU and Reports 2.9% Volume Growth in 2018 (5 February 2019)
DP World handled 71.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2018, with gross container volumes growing by 1.9% year-on-year on a reported basis and 2.9% on a like-for-like basis

flydubai’s Inaugural Flight Lands In Kozhikode (4 February 2019)
On the launch of operations, Ghaith Al Ghaith, Chief Executive Officer at flydubai, said: "as the first Dubai-based carrier to operate direct flights from Dubai to Kozhikode.

The Ukraine Pavilion Gets Smart (4 February 2019)
Smart life. Smart thinking. Smart feeling. These are the three zones that comprise the Ukraine Pavilion, as the Eastern European nation investigates solutions to humanity’s problems through collaboration, creativity and common sense.

"Hi Emirates TV Series’ Share The Truthful Spirit Of The Union And Tolerance Of The U.A.E. And Show The Real Value Of Women In The Arab World’ (4 February 2019)
"Hi Emirates" series is dedicated to the memory of Late Sheikh Zayed bin Sultan Al Nahyan, the Founding Father of the UAE and to the leadership, with its wise vision, with the endorsement of the Ministry of Culture and Knowledge Development, the General Authority of Sports and Zayed University.

Cooperation With Dubai Police To Enhance Traffic Safety And Transport Security (4 February 2019)
HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) has held a coordinative meeting with HE Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police.

FTSE Russell And Nasdaq Dubai Announce Saudi Equity Indices For Derivatives Trading (4 February 2019)
The futures, together with other derivatives to be launched in coming months under the license, will be designed to attract global and regional market participants including the many funds that use FTSE Russell’s indices as benchmarks for investing in Saudi equities.

Nasdaq Dubai, FTSE Russell announce Saudi equity indices for derivatives trading (4 February 2019)
Nasdaq Dubai and FTSE Russell have signed a license agreement for the exchange to launch derivatives on FTSE Russell’s Saudi Arabia equity indices.

Experts shed light on legal aspects of franchising in the UAE (4 February 2019)
Business owners and professionals in the UAE should be fully aware of local laws that apply to franchising activities and related risks before entering into franchise agreements.


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