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It contributes 12 percent to the GDP of Dubai and has an estimated a growth rate of 27 percent (as per 2015). [2] The authorities speculate that the region will triple in size by 2024. [3] Others include the Dubai Airport Freezone (DAFZA; the Dubai internet City; and the Dubai Media city. [4]
X23 Dubai Gold Souk Bus: Dubai International City ↔ Ras Al Khor ↔ Oud Metha ↔ Dubai Gold Souk. Operates on a 10 to 15-minute frequency. 365 Rashidiya Metro Station Bus: Dubai International City ↔ Silicon Oasis ↔ Dubai Academic City ↔ Rashidiya Metro Station. Operates on a 25 to 30-minute frequency.
The FTA’s efforts are essential in supporting the UAE’s economic goals by ensuring an effective and efficient tax system that aligns with international standards. [5] The Federal Tax Authority (FTA) is the government agency responsible for the administration and regulation of tax laws in the United Arab Emirates (UAE).
One of the key elements of the center is a privately held financial exchange that opened in September 2005 as Dubai International Financial Exchange (DIFX) but was rebranded as NASDAQ Dubai in 2008. The trading hours of NASDAQ Dubai are from 10:00 a.m. to 2:00 p.m. (6:00 a.m. to 10:00 a.m. GMT), from Sunday to Thursday. [10]
Business Bay, Dubai. The entire development covers an area of 46,900,000 sq ft (4,360,000 m 2), and the gross leasable area is 78,500,000 sq ft (7,290,000 m 2).The projected population of the entire development is more than 191,000, and the estimated population of employers and others is 110,000, making the total population more than 300,000. [1]
The Dubai Gold & Commodities Exchange (DGCX) is a financial and commodity derivatives exchange located in Dubai, the United Arab Emirates. DGCX commenced trading in November 2005 as the first derivatives exchange in the Middle East and North Africa (MENA) region. The Exchange is owned by the Dubai Multi Commodities Centre (DMCC).
RERA is a part of Dubai Land Resources Department. The agency has its own financial and administrative independence with full legal authority to regulate the real estate sector in Dubai. RERA provides transparence and effectiveness of legal framework , when everyone involved in the property market can conduct a business.
Dubai Festival City (Arabic: دبي فستيفال سيتي), also known as Al Kheeran (Arabic: الخيران), is a large residential, business, sports and entertainment development in the city of Dubai, United Arab Emirates, owned by Al-Futtaim Group. Administratively, it is part of Sector 4 and is located in the north-central area of Dubai.