MaisonPrive, a ‘virtual hotel’ operator that offers luxury apartments and villas to business and leisure visitors to Dubai, today Wednesday, announced private strategic investment of USD$4 million as part of a major plan for growth. The investment is the …
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Dubai Tourism Wins ATM Stand Award
Dubai Tourism claimed the Best Stand for Doing Business at this year’s Arabian Travel Market (ATM) Best Stand Awards. Recognised for creating a busy B2B atmosphere, Dubai Tourism boasted a well-planned and easily navigable layout with a good presentation …
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40 UAE firms bag business excellence award
As many as 40 companies across the UAE have been awarded Dubai Quality Award (DQA), Dubai Human Development Award (DHDA) and Dubai Service Excellence Scheme (DSES) for their outstanding pursuit of excellence during 2017. Held under the patronage of His …
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Dubai South in push to attract investors
The initiatives are in line with the plan announced by the Dubai government earlier this month to stimulate economic growth and reduce the cost of doing business in the emirate. Dubai South said in a statement its initiatives will be implemented immediately.
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Dubai South launches initiatives to spur private sector investment
The initiatives follows directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to stimulate economic growth and reduce the cost of doing business, state news agency WAM reported on Tuesday. Dubai South …
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Dubai Airports and Dubai Parks form new partnership
Dubai Airports and DXB Entertainments PJSC, owner of Dubai Parks and Resorts have announced a strategic partnership. The aim is to create an ‘unparalleled airport experience’ while showcasing Dubai’s position as a tourist and family entertainment …
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‘Use Brexit to strengthen UK-UAE ties,’ UAE ambassador says
There is certainly no reason why Brexit should hold us back.” Mr Al Mazroui was writing after a meeting of the UAE-UK Business Council in London on Monday. A former academic and businessman, he was previously based in Brussels as head of the UAE Mission …
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With Expo 2020 in Sight, Off Plan Properties in Dubai continues to attracts overseas buyers and Investors to the Real Estate Sector
UAE – In the past decade, Dubai has been globally recognized as the leading tourist destination and global commercial hub. Apart from this notable achievement, the country’s real estate market has remained the key sector that continuously attracts …
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Meraas Dubai Launches ‘Hala China’
“Leveraging the phenomenal success of Dubai’s first-ever Chinese New Year celebrations … possibilities we are creating for a whole new generation of entrepreneurs, business travellers, holidaymakers and communities.” In February 2018, Meraas …
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Dubai forms new committee to develop cruise tourism sector
The committee has approved business development strategies to secure long term contracts with existing clients and attract new cruise lines to use the emirate as their winter home port in the region. It also agreed to work to extend Dubai’s cruise season …
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Dubai Free Zones Council Launches New Initiative to Stimulate and Accelerate E-Commerce Growth
These indicators make Dubai an intuitive destination due to its geographical location and its advanced infrastructure, as well as the exceptional experience it offers to foreign investors and companies to enter markets and manage their business and …
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No decline in visitor numbers expected after Expo, says Dubai Tourism CEO
… visitors number in the immediate aftermath of Expo 2020 Dubai, according to Issam Kazem, the CEO of the Department of Tourism and Commerce Marketing (DCTM). In an interview with Arabian Business on the sidelines of the Arabian Travel Market, Kazem …
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Direct flights between Dubai and India’s diamond hub set to boost trade
Earlier, the rough diamond cutting and polishing business had moved from Antwerp to Surat, also India’s third cleanest city, and a few other places, due to cost considerations. Now, in the last three years, Dubai has become the second biggest market for …
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Dubai’s Careem reports data breach affecting millions of customers
Dubai-based ride hailing company Careem has suffered a major data breach that could have seen the personal data of millions of customers stolen, the company confirmed on Monday. In an email sent to customers, Careem said that “online criminals” gained …
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ADNOC sets up oil trading business
The new business will be part of ADNOC’s Marketing … Iraq’s state oil marketer SOMO has teamed up with Russia’s Lukoil in a venture in Dubai to trade crude. The venture might expand later into refined products and petrochemical trading.
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Abu Dhabi Hires Ex-HSBC Banker to Head New Oil Trading Unit
Abu Dhabi National Oil Co. hired Philippe Khoury, formerly an energy banker at HSBC Holdings Plc, to head up its new unit for trading crude oil and refined products. State-owned Adnoc is bolstering its capacity to buy and sell crude and fuels as it expands …
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UAE Exchange, Travelex owner prepares for London IPO
The holding company Finablr will be incorporated in Britain, subject to regulatory approval, and will become the umbrella for United Arab Emirates-based business tycoon Bavaguthu Raghuram Shetty’s financial service brands. Shetty, UAE Exchange’s …
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