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GymNation Officially Opens First Facility (11 June 2018)
GymNation, Dubai’s most affordable fitness concept, officially opened for business over the weekend welcoming its 5,000 Founder Members.

Federal Tax Authority Urges Tax Registrants To Ensure Confidentiality Of Their Data (10 June 2018)
The Federal Tax Authority (FTA) asserted that it has not authorised any third-party entity to request personal or corporate financial or accounting data from businesses registered with the Authority for tax purposes.

Smart Dubai Launches Phase One Of Dubai Paperless Strategy With Six Key Government Entities (10 June 2018)
Smart Dubai has broken ground on the first phase of implementing the Dubai Paperless Strategy, which seeks to digitise internal and external transactions at government entities and save time and effort for employees and customers alike.

Dubai Cares Receives AED1 Million Donation From Lulu Group International (10 June 2018)
As part of its AED10 million commitment towards Dubai Cares which was announced in 2017, Lulu Group International has handed over a donation cheque of AED1 million in support of Dubai Cares’ global education programmes.

Nakheel Awards AED66 Million Contract For Dancing Fountain At The Pointe At Palm Jumeirah (10 June 2018)
Master developer Nakheel has signed a contract worth AED66 million for a spectacular, choreographed fountain at The Pointe, its new, AED800 million waterfront dining and entertainment destination on Dubai’s world-famous PalmJumeirah.

DAMAC Awards Infrastructure Works Contract At AKOYA Oxygen To CSCEC As Construction Spend Tops AED 5.6 Billion (10 June 2018)
DAMAC Properties has awarded China State Construction Engineering Corporation (CSCEC) with an AED 72 million construction contract for major road and infrastructure work at AKOYA Oxygen.

DED ’Issues 1,689 New Licenses And renews 26,184 During May 2018 (10 June 2018)
Dubai continued to be the destination of choice for businessmen and investors as the Department of Economic Department (DED) issued 1,689 new licenses and completed 26,184 transactions relating to business registration and licensing in the emirate during the month of May 2018.

Muhammed BinGhatti: New Economic Stimulus Package Will Boost Real Estate Investment In Dubai (10 June 2018)
This new economic incentives’ package includes the non-increase of government fees over the next three years in addition to the reduction of the ’market fee’ from 5% to 2.5%.

DED Offers Temporary License Freeze And Installment Facility On Fees And Fines (9 June 2018)
The Department of Economic Development (DED) in Dubai has launched a package to make it further easier for businesses to clear fines and renew their licenses. The package will allow businesses to pay their fees and fines in easy installments.

DAFZA Announces Development Of Dubai Blink, The World’s First B2B Smart Commerce Platform for Free Zones (9 June 2018)
Dubai Airport Freezone Authority (DAFZA) has announced the development of Dubai Blink, the world’s first B2B smart commerce platform. It will utilize artificial intelligence (AI), blockchain technology and virtual business licenses.


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