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Category: BUSINESS

Posted on 03/11/2020

UAE’s private sector business activity dips a second time in three months during October, says IHS Markit

There was a marked dip in the UAE’s private sector activity during October – the second time it has happened in the last three months. In particular, new business orders declined for the first time …
( read original story …)


Posted on 03/11/2020

Strong third-quarter bolsters Dubai Investments’ nine-month 2020 profits of Dh391.63m

Dubai: Dubai Investments recorded a solid Dh204.88 million in profit for the third quarter, which ensured the nine-month 2020 profit did not slip much behind last year’s total. In the first nine …
( read original story …)


Posted on 03/11/2020

Despite The Negative Repercussions Of The Covid-19 Crisis, Entrepreneurs In The UAE’s F&B Sector Are Stepping Up To Challenge The Status Quo

Industry experts share their insights on what has changed through the COVID-19 crisis, and why being attuned to customer needs has never been more important.
( read original story …)


Posted on 03/11/2020

UAE businesses don’t know what one-third of their data is: Veritas study

UAE businesses are failing to manage their dark (unclassified) and Redundant, Obsolete or Trivial (ROT) data, a new report by Veritas says. The survey by the data management software company reveals …
( read original story …)


Posted on 03/11/2020

UAE’s first kosher restaurant reflects growing Israeli-Arab ties

Just days after Israel and the United Arab Emirates normalized relations, a kosher restaurant has opened up in Dubai.
( read original story …)


Posted on 03/11/2020

UAE mall etiquette – dos and don’ts for your next shopping trip

Perhaps a quick trip to the mall is just what you are craving. While retail therapy can truly help shoo away the pandemic stress for a while, there are some steps that shoppers should bear in mind to …
( read original story …)


Posted on 02/11/2020

FAB announces plans to expand payments business

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, is to carve out its existing payments business into a fully owned subsidiary with …
( read original story …)


Posted on 02/11/2020

Dubai’s ecommerce hub EZDubai does away with physical gate passes

Dubai: Dubai’s ecommerce hub in the making … align with our aspirations to evolve into one of the world’s innovative, operation- driven business hubs.” EZDubai’s offers a hybrid-bonded warehouse …
( read original story …)


Posted on 02/11/2020

Israeli CEOs travel to UAE to forge friendships, with eye on business deals

But after a surprise US-backed normalization agreement between the UAE and Israel, the soft-spoken, grey-haired entrepreneur found himself doing just that in a Dubai hotel last week. Ben Hamozeg is …
( read original story …)


Posted on 02/11/2020

Watch out, five new radars on this Sharjah road from today

Motorists, watch out! Sharjah Police have installed five new smart radars on Khor Fakkan Road to check speeding and tailgating. The radars are ebeing activated from today. The smart radars are very …
( read original story …)


Posted on 02/11/2020

Sharjah gets drive-through car testing centre; ‘results in 2 minutes’

Sharjah downtown, with families hanging out along the Khalid Lake corniche’s gardens in the afternoon, with the Central Souq and downton’s skyscrapers in the background. UAE – Tasjeel Auto Village in …
( read original story …)


Posted on 02/11/2020

Eagle Hills Sharjah launches 74-unit Nada Residences

Eagle Hills Sharjah, a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, has announced the launch of Nada Residences on Maryam Island, the first-of-its-kind …
( read original story …)


Posted on 02/11/2020

From hummus to hi-tech: Israel CEOs seek ‘friends’, deals in UAE

Israeli businessmen head to UAE following normalization, looking to open up new markets, create business ties.
( read original story …)


Posted on 02/11/2020

Israeli businessmen welcomed with kosher food, Hebrew signs as they land in Dubai

But after a surprise US-backed normalisation agreement between the UAE and Israel, the soft-spoken, grey-haired entrepreneur found himself doing just that in a Dubai hotel last week. Ben Hamozeg is …
( read original story …)


Posted on 02/11/2020

Dubai’s Orient Insurance sees minimum impact from COVID-19 related claims

Low hospitalisation rates and deferral of other medical procedures help on claim payments Dubai: There will be minimal impact from COVID-19 related claims going forward, according to Orient Insurance, …
( read original story …)


Posted on 02/11/2020

UAE car owners in control as motor insurance premiums drop further – but can it last?

Motor insurance premiums are dropping for all models, bringing relief for car owners in the UAE but will likely dent prospects of insurers. In actual terms, the decline in premiums represents savings …
( read original story …)


Posted on 02/11/2020

UAE spearheads global renewable energy efforts

The UAE has taken early steps to bid farewell to the last barrel of oil, and achieve a balance between economic development and maintaining a clean, healthy, and safe environment …
( read original story …)


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