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DUBAI NEWS

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Mashreq Net Profit In The First Half Of 2018
Mashreq, one of the leading financial institutions in the UAE, today has reported its financial results for the first half ending 30th June 2018.

Ministry Of Health & Prevention Hosts ’Art For Health’ Awards
The Ministry of Health and Prevention (MOHAP) held the closing ceremony of the ’Art for Health 2018’ competition. The winners were awarded in the presence of H.E. Dr. Hussein Abdul Rahman Rand, Assistant Undersecretary for Health Centers and Clinics; and Dr. Fadila Sharif.

Federal Tax Authority Calls On Persons Dealing With Commercial Real Estate To Settle VAT On Sale Before Transfer Of Ownership
FTA Director General His Excellency Khalid Ali Al Bustani explained that the tour sought direct communication with Persons working in or concerned with the real estate sector to raise their awareness of tax procedures, respond to their queries.

DED Conducts Compliance Awareness Workshops For DHCC Companies
The Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED), Dubai, conducted awareness workshops for 44 companies operating in the Dubai Healthcare City (DHCC) following a co-operation agreement signed between the two entities.

Asteco Reports Further Decrease In Rental Rates, Sales Prices Across Dubai
Asteco, a leading property services company in the UAE, has recorded a continued decline in villa and apartment rental rates and sales prices in its Dubai Real Estate Report Q2 2018. The quarterly report also highlights the current and anticipated handovers of key projects across the emirate.

Dubai Wins Bid For The World’s Biggest B2B Event For Destination Weddings Industry
Dubai has been announced as the winner of the bid to host the 2019 edition of the biggest annual international gathering of destination wedding industry, the Destination Wedding Planners (DWP) Congress, which is set to take place at the iconic Atlantis, The Palm hotel.

Dubai Records 119% Growth In Chinese Visitors Since 2014
Ahead of President Xi Jinping of China’s arrival in the UAE later this week, Dubai Tourism reports continued growth in visitors from China.

Dragon Mart Celebrates UAE-China Week With Exciting Line-Up Of Traditional Chinese Cultural Activities
Dragon Mart - the world’s largest Chinese retail and trading hub outside China, and the central hub of Chinese activity in Dubai - will proudly celebrate UAE-China Week with a range of traditional festivities and celebrations this weekend.

Unique Home-Grown Concepts Selected To Join The Highly Anticipated Gate Avenue At DIFC
Dubai International Financial Centre (DIFC), the leading international financial hub and destination for lifestyle, arts and culture, announced today the winners of its hugely successful competition to harness local talent.

Mashreq Posts A 5.2% Y-O-Y Growth In Net Profit In The First Half Of 2018
Mashreq’s CEO, H.E. AbdulAziz Al Ghurair, said: "Mashreq’s innovation-led transformation strategy implemented in the past year has resulted in a solid set of financial results for the first half of 2018.

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