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A man has been arrested in Dubai for allegedly trying to smuggle 5.75 million drug pills stuffed inside sheep intestines. The pills, weighing almost 1,000kg, were found in plastic bags, hidden inside sheep intestines.  The suspect, who is a PRO of a sheep trading company, was caught when he was trying to clear custom procedures at […]

Residents in the UAE can watch tonight’s solar eclipse online after midnight from 12:46 AM onwards. The spectacle will be visible only in North America and South America as well as parts of Africa and Europe. Hasan Al Hariri, head of the Dubai Astronomy Group, explains how stargazers here in the UAE can get a […]

It’s still unclear how VAT will apply to the purchase of jewellery like gold in the UAE. That’s according to industry experts, who say they’re not sure whether jewellery itself will be taxed or the production cost of it. Since ornaments do not come under the ‘basic goods’ category, the Ministry of Finance has said […]

People should no longer be held criminally liable for bounced cheques in the UAE. That’s the message from the CEO of Emirates NBD, who told Dubai Eye’s Business Breakfast that the country needs to take more steps to break its heavy ‘cheque habit.’ Shayne Nelson also said that landlords and consumers in the region should be […]

A new law on excise tax has been issued by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan. It will be imposed on select products determined by the UAE’s Council of Ministers and suggested by the Minister of Finance. Rates that do not exceed 200% of the price will be imposed on a select […]


 
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