At the time, it was alleged that the request was rejected due to lobbying by flag carrier Air Canada over fears that Emirates Airlines, in particular, would engage in predatory business behaviour that funnels travellers to connect through Dubai on their …
( read original story …)
Dubai hot destination for FDIs
THANKS to its enviable business climate, Dubai is fast becoming hot destination for foreign direct investments (FDIs), especially in tech industries and new technologies. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman …
( read original story …)
High demand for data scientisits requires preparing UAE youth with new skills
The UAE is at the forefront of global data management efforts … This revolution is happening in the private sector as well throughout payments, banking, information technology, government, media, telecom, hospitality, retail, travel, healthcare and …
( read original story …)
UAE to boost troop presence in Afghanistan for training: officials
KABUL (Reuters) – Afghanistan has accepted an offer from the United Arab Emirates to boost its presence in training Afghan forces fighting Islamist insurgents, senior government officials said, as Kabul seeks to improve ties with majority-Muslim nations.
( read original story …)
Dubai school fee freeze a considerate decision, parents say
Ashraf Biddah, who also has three children in Dubai, said the news filled him with joy. “I am currently the director manager of eForce Engineering Consultancies and am responsible for two of my children who go to university and a daughter in secondary …
( read original story …)
Dubai foundation reaches out to 69m people in 68 countries
Dubai: Global and domestic aid spending by the Mohammad Bin Rashid Al Maktoum Global Initiatives (MBRGI) increased from Dh1.5 billion in 2016 to Dh1.8 billion in 2017, a new report has revealed. أطلقنا اليوم تقرير الأعمال …
( read original story …)
Dubai approves stimulus plan, slashing aviation fees
Dubai slashed aviation and municipality fees as part of initiatives aimed at lowering corporate and government charges to boost economic growth, creating jobs and making it easier to do business in the emirate. Under the new measures approved on Wednesday …
( read original story …)
UAE banking sector remains resilient, says central bank chief
The UAE banking sector remains resilient, with robust capital ratios, liquidity buffers, profitability, and stable sources of funding, according to Central Bank governor Mubarak Rashed Al Mansoori. The bank’s Financial Stability Report for 2017 showed that …
( read original story …)
Immensa says first UAE firm to submit 3D printing patent
Immensa Technology Labs has said it has submitted the first 3D printing related patent from a UAE-based company. The patent – an Immensa proprietary method for the production of moulds for concrete and other aggregates using 3D printing – is an exclusive …
( read original story …)
Dubai stimulus to ease cost of living
The latest series of stimulus initiatives, including the reduction and cancellation of some government fees, which Dubai unveiled on Wednesday has been well-timed and will go a long way in fuelling economic growth and improving the business environment …
( read original story …)
NMC reveals new three-category system for influencer law in UAE
On Sunday, many Dubai influencers were sent emails – which Gulf News has had access to – from influencer management agencies, urging them to join the agency and avoid the worry of licensing fees. These agencies, once officially registered with the NMC …
( read original story …)
UAE-Saudi council to help counter regional threats
a UAE economic expert and specialist in economic and social development in the UAE and the GCC countries, told Gulf News. The UAE and Saudi Arabia have announced a joint vision for economic, developmental and military integration through 44 joint strategic …
( read original story …)
UAE’S economic reboot faces an immovable deadline in 2020
Frank Kane is an award-winning business journalist based in Dubai. Twitter: @frankkanedubai. Disclaimer: Views expressed by writers in this section are their own and do not necessarily reflect Arab News’ point-of-view
( read original story …)
UAE, Saudi hold first meeting of the two-nation council
Saudi Arabia and the United Arab Emirates have held the first meeting of their new military and trade alliance that is separate from the Gulf Cooperation Council (GCC). Saudi Crown Prince Mohammed bin Salman met with Abu Dhabi Crown Prince Mohammed bin …
( read original story …)
Saudi Arabia, UAE hold first meeting of 2-nation council
RIYADH, Saudi Arabia – Saudi Arabia and the United Arab Emirates have held the first-ever meeting of their Saudi-Emirati Coordination Council, created amid a diplomatic dispute now affecting a wider regional bloc of Gulf Arab nations. Saudi Crown Prince …
( read original story …)
New film highlights ‘Made in the UAE’ manufacturing drive
The 22-minute film showcases how businesses such as Unilever are contributing to Dubai’s Industrial Strategy which is expected to lead to an increase of GDP by 25 percent by 2025, state news agency WAM reported. The film takes viewers behind the scenes …
( read original story …)
Saudi, UAE put economy at heart of alliance with joint investment plans
Saudi Arabia and the United Arab Emirates put jobs and investment at the center of their diplomatic alliance, saying on Thursday they would cooperate in areas ranging from energy and agriculture to tourism and financial services. The countries are already …
( read original story …)