Just in:
Behomes Launches Behomes Hub – Cashback & Networking App for Real Estate Professionals // OPEC+ Eyes Pause in Production Rises After September Surge // Record Global Interest Drives CDB’s Dual‑Currency Bond Triumph // Musk Alleges Grok Was Misled and Predicts Tech Breakthroughs // Stonepeak Secures Strategic Co-Control of IFCO Stake // Tokyo Real Estate Set for $75 Million Blockchain Shake‑Up // Ten Tips for a Healthy Summer Garden // Dong Yuhui’s Fujian Journey: The Sea’s Lesson – 30% Destiny, 70% Determination // Galaxy AI Elevates On‑Device Intelligence with Privacy at Core // ICONSIAM Showcases Thai Creativity to the World with “Lost in DOMLAND” — Reinforcing Its Role as a Must-Visit Global Art Destination // Nvidia is the dream stock of our lifetime! // UAE Hits Milestone with EU Delisting From High‑Risk Financial Watchlist // Nigeria’s Coastal Highway Passes $747 m Funding Milestone // BoE charts new wholesale terrain for stablecoins and tokenised assets // Anhui Unveils Teaser for 2025 World Manufacturing Convention, Extending a Global Invitation to Innovate Together // Can India Emerge As The Trusted Leader Of Global South Like Earlier Years? // CGTN: Beauty in diversity: How wisdom at Nishan Forum inspires global modernization // ADNOC Gas Signs $400 Million LNG Deal with SEFE // “Eternal City” Pompeii Exhibition Opens in Hunan, Marking New Sino-Italian Cultural Exchange // Abu Dhabi’s Masdar and Iberdrola Back £5 Billion UK Offshore Wind Venture //

Distressed firms get rent relief from Dubai business centre

The first of its kind Ramadan offer allows ready businesses, start-ups and distressed companies to commence operations immediately and pay rents and related costs in 2019, when their financial position is better-off. The business incubator-like initiative benefit new investors to kick-start, grow, diversify and expand across the business. The initiative comes at a time when Dubai is making concerted efforts to bring in new businesses and investments in the Emirate, while, Dubai Economic Department issues 1,848 new business licenses in April 2018. It reflects Dubai as a business hub in the Middle East.

The ‘Business Map’ digital platform of the Dubai Economic Department saw 26,498 business registration and licensing transactions being completed April 2018 as economic diversification and competitiveness continued to strengthen the emirate’s ability to sustain business growth. During the holy month of Ramadan, the two Star Business Centres are offering their available 20 per cent of serviced office spaces out of their 400 office spaces. Rest of 80 per cent is fully occupied by multiple commercial tenants. Each office space spans 200 square-feet with the total rent of Dh5750 a month.

The Star Business Centre offers state-of-the art workspaces in Dubai’s sought-after business districts, Business Bay and Jumeirah Lake Towers. The centre frees-up investors of the hassles that come with leasing conventional office spaces or building their own offices.

ADVERTISEMENT

“We have received overwhelming response for our offer of deferred rents and costs from business people who lack funds to start with. The welcome response has encouraged us to extend the offer for a longer period and plans to establish a new business centre in 2019 at the commercial hub of Dubai,” revealed Imran Farooq, Chief Executive Officer of the Star Business Centre, which is an entity of Dubai-based Samana Group of Companies.


Also published on Medium.


Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT
Just in:
Can India Emerge As The Trusted Leader Of Global South Like Earlier Years? // “Eternal City” Pompeii Exhibition Opens in Hunan, Marking New Sino-Italian Cultural Exchange // Air Arabia Reinitiates Sharjah–Damascus Flights // Record Global Interest Drives CDB’s Dual‑Currency Bond Triumph // Celebratory 911 Club Coupe Marks Half-Century Porsche Partnership // Nvidia is the dream stock of our lifetime! // OPEC+ Eyes Pause in Production Rises After September Surge // UAE Hits Milestone with EU Delisting From High‑Risk Financial Watchlist // Ten Tips for a Healthy Summer Garden // Results of the ixCrypto Index Series Quarterly Review (2025 Q2) & IX Digital Asset Industry Index Series Half Yearly Review (2025 1H) // Musk Alleges Grok Was Misled and Predicts Tech Breakthroughs // BoE charts new wholesale terrain for stablecoins and tokenised assets // Galaxy AI Elevates On‑Device Intelligence with Privacy at Core // Behomes Launches Behomes Hub – Cashback & Networking App for Real Estate Professionals // Stonepeak Secures Strategic Co-Control of IFCO Stake // TÜV SÜD Appoints Interim Leadership Following CEO Transition // ICONSIAM Showcases Thai Creativity to the World with “Lost in DOMLAND” — Reinforcing Its Role as a Must-Visit Global Art Destination // Sharjah Elevates Real‑Estate Platform with New Digital Portal // IIT Delhi and TeamLease EdTech Kick‑start AI for Healthcare Executive Programme // Coffee Chains Join Bitcoin Mania with Bold Treasury Moves //