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UAE jumps 10 places in World Bank’s ease of doing business list

UAE jumps 10 places in World Bank's ease of doing business list

The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a package of reforms in the past year that boosted the country’s economic competitiveness. “A continuous and focused reform agenda keeps an economy competitive and vigilant,” the World Bank said as it published the 2019 report…

Meraas completes Dubai Arena facade

Meraas dubai arena

Dubai: Meraas has completed the Dubai Arena façade, according to the developer, with the panelled structure now fully installed. Work on external infrastructure and landscaping, including paving and parking spaces, are also under way at the City Walk structure, while the company says that the finishing touches are being made to the first of 46…

No more cheque, pay rent by direct debit

Bank cheque

A new digital payment service has been launched that will allow tenants to pay their rent through direct debit. It is likely to eliminate the need for post-dated rent cheques. Asteco has partnered with the National Bank of Fujairah and Direct Debit System to use direct debit as a digital solution for all parties in…