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Over 9,600 jobs created by new Dubai licences in March
The Business Registration and Licensing sector of the Department of Economic Development said it issued 2,459 new licences in March which created 9,661 jobs in Dubai. Dubai issued nearly 2,500 …
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Dubai reinforces commitment to boosting ties with Latin American and Caribbean markets
(MENAFN – Editorial) Government and business leaders from the UAE and the Latin America and the Caribbean region (LAC) reinforced their commitment to improving bilateral ties and expanding …
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Investors keep patience with hedge funds, but seek better deals on fees
This is despite the fact that 68 percent of investors said their hedge fund portfolio underperformed its target return in 2019. Zachary Cefaratti, CEO of Dubai-based fund platform Dalma Capital, said …
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Abu Dhabi Media to launch UFC digital subscription platform
Under the deal, Abu Dhabi Media will have the exclusive multimedia rights to show all UFC content in the MENA region. This will include all live events, pre and post-event programming and all original …
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Abu Dhabi Chamber discusses cooperation with Puntland Province
ABU DHABI, 11th April, 2019 (WAM) — A delegation from Puntland Province led by Said Deni, President of the Province, has visited the Abu Dhabi Chamber of Commerce and Industry, to explore its …
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UAE’s Property Finder inks deal to acquire rival in expansion push
UAE-based real estate classifieds website Property Finder has signed an agreement to acquire its competitor JRD Group, owner of property portal Justproperty.com and Propspace. This acquisition happens …
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Post-handover plan for overseas property buyers
While generous post-handover payment plans of up to 10 years from real estate developers have provided an important resource for many residents who had been priced out of Dubai’s property market, …
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UAE hotels among the ‘highest profitability levels in the world’
UAE hotels are among the ‘highest profitability levels in the world’, with hotel food and beverage demand underpinning profits, according to managing director of STR Robin Rossmann, who leads …
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CultureSummit Abu Dhabi’s Penultimate Day Examines Pressing Cultural Issues
Over five days, CultureSummit Abu Dhabi 2019 is presenting a dynamic series of panel … exploring how innovation and new ways of thinking are opening up new horizons in the news and in cultural media …
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Dubai’s Network International jumps in early trading after $1.4bn London IPO
Network International shares surged in London trading after the payments processor raised 1.1 billion pounds ($1.4 billion) in an initial public offering that’s the biggest listing in Europe so far …
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Backed by Dubai Tourism the Middle East’s Largest Hospitality Technology Exhibition and Conference ‘HITEC Dubai 2019’ to Return in November
It has been announced that the Corporation for Tourism and Commerce Marketing (DCTCM) will continue to be the destination partner for ‘HITEC Dubai 2019’ taking place on November 12-13. Building on …
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UAE Oil Minister: OPEC Won’t Repeat Last Year’s Mistakes
We are not going to jump the gun, pre-produce the volumes that are not required yet,” the UAE’s The National quoted Al Mazrouei as saying at the Bloomberg Invest Abu Dhabi conference today.
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STF arrests five for IPL betting; cash, Wi-Fi devices recovered
Police recovered Rs 2.75 lakh cash, five laptops, three smart TV sets, Wi-Fi devices, 30 mobile phones and 375 ‘dirham’ (UAE) currency from their possession. A Mercedes car and a Fortuner were …
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Cityscape to highlight leading property investment, development
Exhibitors at Cityscape Abu Dhabi, the UAE capital’s leading property investment and development event, have identified the emirate’s emerging trend for affordable luxury housing to solve a prevailing …
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UAE, Latin America, Caribbean states to expand ties
Government and business leaders from the UAE and the Latin America and the Caribbean region (LAC) have reinforced their commitment to improving bilateral ties and expanding economic cooperation …
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UAE top growth market in GCC for Latin American, Caribbean traders: Report
Commenting on the report findings, Hamad Buamim, President and CEO of Dubai Chamber, said the report highlights the tremendous trade potential that remains largely untapped and noted that it …
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