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Category: BUSINESS

Posted on 27/10/2020

Xpressions Style sets off on expansion strategy

Dubai — Xpressions Style … It recently inaugurated its new outlet at City Centre Deira, adding to its portfolio of more than 39 stores, stand-alone and shop-in-shop concepts across the UAE. The …
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Posted on 26/10/2020

Dubai free economic zone open for international business without initial investment

The Dubai Multi-Commodities Centre (DMCC), a free economic zone, has rolled out an offer to international companies to set up a representative office in the emirate in five working days for a free …
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Posted on 26/10/2020

What business owners must know when disclosing ‘Ultimate Beneficial Owner’ details in the UAE?

Dubai: In the past few years the number of reports … With an industry-wide clampdown for banks and corporations to know who they do business with, this is why firms or lenders now go through …
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Posted on 26/10/2020

First Abu Dhabi Bank’s nine-month 2020 net profit dips 22% to Dh7.3b

Dubai: The UAE’s biggest bank, FAB, recorded a 22 per cent drop in net profit for first nine months to Dh7.3 billion, brought on by “softer” revenue and higher impairments. For the third …
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Posted on 26/10/2020

Expat woman falls to death while trying to escape arrest in Sharjah

A woman reportedly jumped from the balcony of a sixth-storey apartment in the early hours of Sunday, October 25, trying to escape police arrest, an official at Sharjah Police said. The incident …
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Posted on 26/10/2020

Sharjah Publishers Conference to begin on November 1

More than 317 publishing professionals and 33 speakers will take part in the 10th Publishers Conference from November 1 to 3, the Sharjah Book Authority (SBA) has announced.The three-day event will …
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Posted on 26/10/2020

Dubai announces $136 mln economic stimulus package

Dubai has announced a new economic stimulus package worth $136 mln (AED 500 million) to support various business sectors. The newly announced package now brings the total value of stimulus packages …
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Posted on 26/10/2020

Dubai Customs Organizes Discussion Session: (Dubai and Global Trade: Challenges and Opportunities)

… government departments taking part in enhancing sustainable development and promoting Dubai’s image worldwide, turning it into a principal capital, business and tourism destination, as it …
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Posted on 26/10/2020

DMCC enhances ease of doing business in Dubai

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has rolled out a company setup offer for businesses worldwide. The offer provides …
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Posted on 26/10/2020

DMCC offers incentive to international businesses to set shop in Dubai

The Dubai Multi Commodities Centre (DMCC … providing smart solutions that allow companies to access DMCC’s range of business services from any device, anytime and anywhere.
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Posted on 26/10/2020

Dubai free zone launches offer: Set up an office for free

With no upfront fees, businesses can explore the Dubai market ecosystem without making any initial … providing smart solutions that allow companies to access the DMCC’s wide range of business …
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Posted on 26/10/2020

21 new Dubai restaurants to get excited about

Saya Caffe is an Instagram favourite in Dubai. Now, the purveyors of pretty are set to open a third branch in Al Wasl later this month, which follows the opening of a concession cafe at Palm …
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Posted on 26/10/2020

Relive your youth: KidZania Dubai Mall to host an over 18s night

Well, you’re in luck as this Halloween, for one night only, KidZania Dubai Mall is offering you the chance to do just that. Normally reserved for the little ones, KidZania is a place where you can let …
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Posted on 26/10/2020

Apex Holdings, Virtuzone, slicks business arrangements with UAE

We are excited to help the thousands of Israeli companies who are looking to create business operations in the UAE,” said Apex Holdings Executive Director and Co-Founder James Brenig.
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Posted on 25/10/2020

Four-year-old boy survives fall from first floor of Sharjah apartment

Sharjah: A four-year-old Arab boy survived a fall from the first floor of his family apartment in Sharjah. The boy had fallen from the balcony of the apartment, Sharjah Police said on Sunday.
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Posted on 25/10/2020

Sharjah, RAK to grow 2-2.5%, outlook stable

P Global Ratings on Sunday downgraded Sharjah and Ras Al Khaimah’s ratings due to a rise in government debt burden and a contraction in economy, but projected a slower recovery between two and 2.5 per …
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Posted on 25/10/2020

H.E. Marwan bin Jassim Al Sarkal: Tech companies at the heart of Sharjah’s economic diversification process

His Excellency Marwan bin Jassim Al Sarkal, Executive Chairman of Sharjah Investment and Development Authority (Shurooq), affirmed that Sharjah continues its efforts to further diversify its economy …
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