News archive

19 Aug 2019

The cost of an illuminated advertisement on the world’s tallest building revealed

Ever thought of the best way for your business to come into the spotlight? The billboard lights at Piccadilly Circus in London and on Times Square in New York have been literally put in the shade by Burj Khalifa, the highest building in the world...

21 Jul 2019

Dual licensing scheme launched by DMCC & DED

Dubai Multi-Commodity Centre (DMCC) and the Department of Economic Development of Dubai (DED) have signed a partnership agreement on the licensing of Dubai-based and DMCC-based companies allowing them to operate both within the free zone and onshore...

14 May 2019

DMCC announced special discounts for company setups

Dubai Multi-Commodity Centre, the most prestigious and efficient free zone in the UAE, has announced a special promotion for new company registrations during Ramadan. Up to AED 11,000 (USD 2,995) can be saved on a DMCC company setup...

11 Apr 2019

Almost 10,000 new jobs created thanks to newly issued licenses

Dubai: According to the Department of Economic Development (DED), a total of 2,459 new business licenses have been issued in March 2019 – an increase of 35.4% compared to the same month last year or increase of 13.4% from February 2019...

25 Feb 2019

Dubai eyes the status of the most visited city in the world by 2022

Dubai has marked a new high in tourist arrivals last year on the back of its traditional markets, led by India, Saudi Arabia and the UK...

28 Jan 2019

Want to get a free, 3-year DMCC trade licence and resident visa? Buy a flat!

The largest real estate developer in the UAE, Emaar Properties (Burj Khalifa being the company’s most famous project), in partnership with the Dubai Multi Commodities Centre (DMCC), has launched a new development project in Dubai Hills Estate...

9 Sep 2018

14,000 new homes on Dubai's property market so far in 2018

Dubai Land Department (DLD) revealed that 47 realty projects were completed in the first eight months of this year, creating thousands of new homes in the emirate of Dubai...

3 Jun 2018

Dubai sees strong gains in foreign investments

Dubai is fast emerging as a top global destination for foreign direct investments (FDIs), especially in high-tech and new technologies sectors. According to the latest Dubai FDI Monitor annual report published on Sunday, the emirate attracted US$7.4 bn of inward FDI last year, a 7.1% increase from the previous year boosted by 367 investment projects from the UK, France, Austria, Saudi Arabia and the USA...

24 Apr 2017

World’s most expensive cities

Do you still think that Swiss cities are the most expensive ones to live in? Have a look at the latest survey by the Economist Intelligence Unit…

1 Feb 2017

UAE to grant visas on arrival to Russian citizens

The UAE will grant visas on arrival to Russian visitors following the approval of a cabinet decree by the Prime Minister, Vice President and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum...