Latest news with #DSS
Filipino Times
13 hours ago
- Business
- Filipino Times
Dubai Summer Surprises to return with 9 weeks of sales and entertainment
There are just a few days left before Dubai kicks off its most-awaited summer shopping event — Dubai Summer Surprises (DSS) 2025 — promising huge sales and special discounts across the city. The 28th edition will run from June 27 to August 31, turning Dubai into a bargain hunter's paradise for 66 days straight. With the DSS Sales Season, shoppers can expect deals from over 800 brands spread across more than 3,000 stores in different malls and shopping destinations. Huge price cuts, citywide promotions, raffle draws, food offers, indoor family fun, and concerts are all lined up to make this summer extra special for shoppers. Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), said this will be the 'most dynamic and value-packed edition to date' with 'thousands of unbeatable offers, compelling retail promotions, and endless experiences.' He added that DSS 2025 is designed to match all preferences and budgets, showing Dubai's commitment to delivering world-class experiences.
Hi Dubai
17 hours ago
- Business
- Hi Dubai
Dubai Summer Surprises 2025 Launches with Citywide Offers and Entertainment
Dubai is set to transform into a vibrant hub of retail, entertainment, and family fun as the 28th edition of Dubai Summer Surprises (DSS) returns from 27 June to 31 August 2025. Spanning 66 days, the citywide festival promises thousands of unbeatable deals, thrilling experiences, and live events across the emirate. Organised by Dubai Festivals and Retail Establishment (DFRE), this year's DSS is billed as the most value-packed yet. The summer-long celebration will feature more than 800 brands and 3,000 retailers offering exclusive promotions, along with raffles, concerts, dining experiences, and family-friendly attractions. The full calendar was unveiled at a press preview held at the iconic Jumeirah Beach Hotel. Attendees were given a first look at new activations and returning favourites designed to cater to every age, budget, and interest. Ahmed Al Khaja, CEO of DFRE, said DSS 2025 strengthens Dubai's position as a leading global destination by uniting the city's key tourism pillars—retail, hospitality, gastronomy, and entertainment—into one immersive season. The DSS Sales Season kicks off on the opening weekend with Summer Holiday Offers, launching citywide discounts and mall activations. With three themed shopping seasons introduced this year, the festival offers something for every shopper and visitor. Now in its 28th year, DSS continues to support Dubai's D33 economic agenda, reinforcing the city's reputation as one of the world's best places to live, work, and visit. News Source: Emirates News Agency
Business Recorder
21 hours ago
- Business
- Business Recorder
Petroleum products: Senate body rejects Rs2.50/litre carbon levy
ISLAMABAD: The Senate Standing Committee on Finance and Revenue with majority vote rejected the carbon levy of Rs2.5 per litre on petroleum products proposed in the Finance Bill 2025-26, from which the government has projected to generate a revenue of Rs45 billion. Under the ongoing International Monetary Fund (IMF) programme for Resilience and Sustainability Financing (RSF), the government has agreed for the imposition of the carbon levy on petrol, diesel and furnace oil of Rs5 per litre, which will be phased in over two years. The Federal Board of Revenue (FBR) chairman said that revenue from carbon levy would be increased to Rs90 billion in 2026-27. The levy is a condition of the IMF's RSF programme of $ 1.4 billion. This levy will be imposed on petrol, diesel and furnace oil. Aurangzeb tells Senate body: Govt eyes $2bn loan to boost reserves The parliamentary panel chaired by Senator Saleem Mandviwalla, observed that carbon levy could not implemented through finance bill. The committee observed that the way carbon levy is going to be impose was not correct and rather it should come as carbon tax. The committee also underlined that Petroleum Division has proposed Rs2.5 carbon levy without providing sustainable 'Emission Reduction' plan for the environment. Senator Sherry Rehman opposing the levy said that there is difference between the carbon levy and carbon tax. 'There is no place in the world where carbon levy been imposed but carbon tax used to be enforced'. Sherry Rehman said that carbon taxes been enforced over specific industries with an aim. 'You are imposing all types of levies and that also directly over the public users,' she added. 'It requires an act of law and not enforced with the finance bill,' she added. Senator Mohsin Aziz said that the Supreme Court has restrained imposition of carbon levy in Zafar Iqbal Jhagra case. 'It will be contempt of the court if carbon levy is imposed', he added. After debate the carbon levy was rejected by the government with majority vote. The FBR chairman said that tax on hybrid vehicles is not being increased. The committee also raised questions on the proposed amendment in regulation of Generation, Transmission and Distribution of Electric Power Act 1997 agreed with IMF. According to the proposed amendment, the Debt Service Surcharge (DSS) is currently set at 10 percent of the NEPRA-determined revenue requirement, adjusted each year at the time of annual rebasing, per current practice. In the event that DSS revenues fall short of the annual payment requirement, the DSS will be increased to make up for the shortfall and calibrated per any anticipated future shortfalls in the succeeding year. To facilitate this, NEPRA has proposed to adopt legislation to remove the 10 percent. Discussing the power sector initiative for payment of circular debt through refinancing, NEPRA officials stated that, as of now, Rs3.23 per unit is being charged to consumers. However, NEPRA proposed removal of 10 percent cap limit, as it would help in obtaining necessary refinancing needed for the payment of power sector's circular debt. However, the committee objected while saying that authorities concerned wanted blanket power to increase DSS, which would result in power tariff increase for consumers. The committee decided to call minister and secretary for power to brief the committee. Chairman committee said that they need a briefing on the circular debt repayment plan. If permission is given, you will increase this rate with proposed blanket power and if there is no need to increase it, then why is permission being sought, he asked. The joint secretary took the stand that this will not happen and consumers will continue to be charged Rs3.23 per unit. Senator Sherry Rehman opposed it and said that this cannot be allowed. The joint secretary said that there is a 10 percent service surcharge limit and IMF has demanded that the limit on debt service surcharge be removed. The government will use the surcharge to pay off a debt of Rs1,275 billion. The surcharge is used to pay interest on the circular debt. Currently, a debt service surcharge of Rs3.23 per unit is being charged from consumers, he added. Senator Shibli Faraz said that if the levy money is being spent on roads, what would happen to combating climate change. The prime minister says that the funds will be spent on the roads of Balochistan. The government should first determine its priorities, he added. The committee took exception to certain clauses of 'Public Finance Management Act' allowing autonomous bodies to retain money and submit surplus profit into Public account. The committee called for rationalisation of these clauses, as it would only result in financial irregularities. The committee was briefed on the exemptions provided to businesses located in Khyber Pakhtunkhwa and newly-merged districts. It was informed that the exemptions for cinema operators have been limited to 2030, granting five years exemptions from the date of operations. However, the FBR has extended the withholding exemption for businesses existing in erstwhile FATA till 2026. Highlighting the significance of newly introduced 'Digital Presence Proceeds Act', the FBR chairman stated that the tax has been imposed on digital platforms providing services within the country without retaining physical footprint. The FBR chairman said that a sunset clauses for SEZs and STZs are included in the finance bill. He said that IMF was stressing to limit this tax exemptions for SEZs and STZs to 2027, however after hectic efforts the deadline was extended to 2035. The committee recommended the proposal. The committee also gave its nod to the budgetary proposals of tax on pension income exceeding Rs10 million for individuals under the age of 70. The committee recommended a proposal of the Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) for continuation of 25 percent tax rebate. FAPUASA representatives strongly asserted that this rebate is an essential incentive to retain top academic talent, attract young scholars to the profession, and prevent brain drain from Pakistan's universities. Removing this rebate, they argued, would undermine academic motivation and weaken the research capacity of the country. Copyright Business Recorder, 2025
Gulf Business
a day ago
- Entertainment
- Gulf Business
Dubai Summer Surprises 2025 to start soon: 11 unmissable experiences
Image: DSS/ DFRE Dubai Summer Surprises (DSS) is back for its 28th edition, running from June 27 to August 31. Organised by Dubai Festivals and Retail Establishment (DFRE), this year's From exclusive retail promotions and world-class concerts to raffles, hotel deals, and pop-up food experiences, here's everything you need to know to make the most of The festival is sponsored by Commercial Bank of Dubai with major partners including Al Futtaim Malls, Majid Al Futtaim, Emirates Airline, ENOC, talabat and many more. 1. Three curated shopping seasons Summer holiday offers (June 27–July 17): Early-season deals, family-friendly offers, and first-round raffles. Great Dubai Summer Sale (July 18 – August 10): The biggest citywide bargains—over 800 brands, 3,000+ retailers. Back to School (August 11–31 ): Essential term-time savings + giveaways and scholarship chances. 2. Dubai Summer Surprises: Opening weekend extravaganza June 27–29: Family-focused activities and free concerts at major venues. Dubai Festival City Mall: Regional acts (Abri & Band, Sabrina, Reina Khoury, Noel Kharman) City Centre Mirdif: Live music by Jadal and Al Shami, plus roaming entertainment Headline shows: Miami Band and Mutref Al Mutref, Tribute to Adele, Adnan Sami, and more. 3. Mall Raffles and big wins Immediate chances to win big: Polestar 4 car, SUVs, electronics, jewellery, and Skyward Miles through retailer loyalty programmes (Mercato, Majid Al Futtaim, Festival Plaza, Dubai Outlet Mall). 4. Dubai Summer Restaurant Week (July 4–13) Enjoy set-menu dining across 50+ family and international restaurants at exclusive value. Reserve via OpenTable. 5. DSS Gahwa Beats Weekend café pop-ups on July 26, and August 2, 9, 16, 23: enjoy live music, coffee culture, and vibrant vibes at city hotspots. Locations TBC soon. 6. 10 Dirham Dish (August 1–31 ) Discover affordable eats across Dubai — restaurants offer a special dish for just Dhs10. 7. Headline concert series and live shows Beat The Heat DXB (July 4–13): Arabic pop, indie, hip-hop acts Individual concerts: Adonis (July 3), TJ Monterde (July 13), Shreya Ghoshal (July 19), Sufi maestro Sagar Bhatia (August 16), Natalie Imbruglia (August 23), Made in Kuwaiti theatre (August 29–30) 8. Shop and save citywide Nine weeks of retail excitement: themed flash sales, 'Cool Off at The Beach, JBR', 'Win Your School Fees', loyalty promos: Amber Millionaire, AURA draw, Win 1 Million Skywards Miles, and more. 9. Staycations and family fun Exclusive deals at 100+ hotels and 15 attractions, plus the DSS Entertainer BOGO offer (Dhs 195) unlocking 7,500+ discounts—covering theme parks, dining, gyms, spas. 10. Fitness events Get moving at mall-based runs: Courtyard run at Dubai Hills Mall (June 28, in partnership with Skechers) RX Run series at City Centre Mirdif (July 6) & Mall of Emirates (August 3) Fun runs at Ibn Battuta Mall (July 13) and Festival City Mall (August 31) Messi Experience at Festival City Mall until August 31— interactive football fun for all ages. 11. Modesh and Dana mascot moments Keep an eye out for Dubai's most-loved mascots making surprise appearances at malls, schools, attractions, and interactive pop-ups. Enjoy themed décor, meet-ups, and new merchandise across the city.
Khaleej Times
a day ago
- Business
- Khaleej Times
Dubai: Dh5 million grand prize, luxury cars on offer at summer surprises this year
Shoppers at this year's Dubai Summer Surprises (DSS) event will have the chance to win a grand prize of Dh5 million, luxury cars, gold coins and electronics among other prizes. The event, which will extend from June 27 to August 31 this year, will also have unique experiences, concerts and dining deals. 'This year, we have one final prize of Dh5 million which will be announced on August 31,' said said Abdalla Al Ameeri, AVP of Raffles and Retail Promotions & Strategic Alliances. 'We are also partnering with Dubai Gold and Jewellery Group to give away 30 gold coins, each coin will weigh 12 grams with the icon of Modhesh on it. So every week, we'll announce three winners.' Last year, DSS gave away a total of Dh10 million worth of gifts. This year, the total worth of prizes have been increased by 50 percent. Bigger and better According to organisers, the festival which will be 'bigger, bolder and better', will also be organized in a unique way this year. For the first time in DSS history, the festival will unfold in three retail units. From June 27 to July 17 will be the Summer Holiday Offers, followed by the Great Dubai Summer Sale. 'The Great Dubai Summer Sale is going to be, like, the main event this season,' said Mohamad Feras, AVP Retail & Strategic Alliances at Dubai Festivals and Retail Establishment (DFRE). 'It's going to be a three-week super-sales season, where retailers will provide 90 percent discount. During this event, we're giving away a Dh1 million cash prize, a luxury car and many more prizes across the full three weeks.' This will be followed by almost three weeks of the Back to School campaign, which will give shoppers the opportunity to win several prizes including school fees and scholarships.
