Executive Council Resolution No (8) of 2016 pertaining to the collection of fees from passengers using airport facilities in Dubai has been approved. As per the resolution, every passenger leaving the UAE from any of Dubai’s airports, including transit passengers, will be charged Dh35 as a service fee for using airport facilities. The resolution exempts […]
Dubai Airports Announce New Service Fee of DH 35 per Passenger Read More »
Visas for public bus drivers will no longer be issued to expats in Saudi Arabia, the Arab News reported. The agreement to encourage Saudization was reached between the Labor and Transport Ministries, according to the report. The ministries also held the view that the car rental sector should be categorized as a transport activity and
Expats in Saudi Won’t Get Public Driver Visa Read More »
Department of Economic Development (DED) in Dubai has said that businesses and individuals who use the Dubai brand logo without official authorisation will be penalised. Any business or individuals wishing to use the Dubai brand logo across any activity must first get approval from Dubai Tourism (Department of Tourism and Commerce Marketing). The prior approval
Individuals & Businesses Fines for Illegal Use of Dubai Brand Logo Read More »
The UK government has introduced a new tax on the purchase of additional residential property, raising concerns that Middle Eastern investors could become more cautious about making multiple acquisitions in a market they have traditionally perceived as a safe haven for their cash. In the annual Budget announced, the Treasury confirmed it would introduce an
Gulf Real Estate Investors Hit by New UK Residential Tax Read More »
Executive Council Resolution No.5 of 2016 on Public Parking Services in Dubai details the change that RTA’s director general Mattar Al Tayer said would streamline paid parking management, help solve the problem of high demand for parking spaces and encourage people to use public transport. The amended tariff rates for parking on the side of
Dubai’s RTA to Double Parking Fees Read More »
Oil prices rose above $40 a barrel, driven by anticipation that the world’s largest exporters could agree this month to freeze production and help erode the largest global build in unwanted crude in years. Producers in and outside the Organization of the Petroleum Exporting Countries (OPEC) plan to meet in Moscow on March 20 to
Oil Exporters to Meet in March 2016 to Discuss Output Freeze Read More »
A Sharjah Municipality official has warned residents against signing blank tenancy contracts, which have reportedly been exploited to dupe residents into signing higher rents than what was verbally agreed. According to tenants, some real estate agents’ pressure new tenants to sign blank tenancy contracts, saying they will lose the apartment to other residents waiting in
‘Don’t Sign Blank Rent Contracts’ – Sharjah Official Read More »
Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and chairman of the Dubai Executive Council, on January 27 issued a resolution on fees for ambulance services provided at the sites of traffic accidents. A AED 6,770 fee will be charged by Dubai Police and Dubai Corporation for Ambulance Services, for emergency and evacuation services provided
Resolution Issued for Ambulance Fees Used in Traffic Accident Read More »
Nol and credit card payment system is now available in the majority of taxis in Dubai, the Roads and Transport Authority (RTA) has confirmed. A total of 8,000 taxis have been equipped with the electronic payment system that will allow commuters to pay through credit card and Nol cards. Phase two of the project is
8,000 Dubai Taxis Equipped with NOL and Credit Card Systems Read More »
The UAE will implement value added tax (VAT) at the rate of five per cent from January 1, 2018, said UAE Minister of State for Financial Affairs – Obaid Humaid Al Tayer to reporters after a joint press conference on Wednesday with Christine Lagarde, Managing Director of the International Monetary Fund (IMF), in Dubai. The
UAE to Implement 5% VAT from January 2018 Read More »
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