The AED 721 million Phase 2 contract for Dubai World Trade Centre has been awarded. Al Futtaim Carillion will deliver the main construction work on the Dubai Trade Centre District project. The development comprises 535,000 square metres of gross floor area located between the current Dubai International Convention and Exhibition Centre and Jumeirah Emirates Towers. The project will also comprise of two Grade A office properties of eight and 12 storeys.
UAE nationals to get AED25,000 in VAT savings on new homes
The expense eligibility on VAT refunds on the costs of constructing new homes for UAE nationals has been expanded under a new initiative by the Federal Tax Authority (FTA), with AED 25,000 set for each claim.
DFM recognised by Switzerland's financial authority as foreign trading venue
Shares from Swiss-incorporated companies can now be traded on Dubai Financial Market (DFM) after it has been recognised by Switzerland's Financial Market Supervisory Authority (FINMA) as a foreign trading venue.
Apple bets on overdue Siri fix to close AI gap
Apple has rolled out a long-delayed overhaul of Siri on Monday, betting the upgraded assistant can help close the gap with Big Tech rivals and new-age startups in the crucial AI race.
Over 3,200 residents purchase first homes under Dubai scheme
Dubai's First-Time Home Buyer Programme has helped more than 3,200 residents purchase their first homes in the emirate since its launch in July last year.
Sunny
High: 40°C | Low: 30°C
Sunny
High: 39°C | Low: 30°C
Sunny
High: 40°C | Low: 29°C
