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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UAE’s Rotana eyes expansion in Saudi Arabia, Africa
UAE-based Rotana considers Africa one of its main priority target markets outside the emirates, alongside Saudi Arabia, according to Rotana CEO Omar Kaddouri. Speaking to Arabian Business at the Arabian Travel Market in Dubai, Kaddouri noted that the …
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France’s Accor to open two MGallery hotels in Dubai
MGallery Business Bay, adjacent to the upcoming Marasi development, will have 144 rooms and occupy the same building as a Mama Shelter hotel previously announced by Accor last April. Read: Accor brings Mama Shelter hotel brand to Dubai It will have four …
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DED Dubai and Free Zones council in pact to facilitate business for free zone entities
Dubai: The Department of Economic Development (DED) in Dubai has signed a memorandum of understanding (MoU) with the Dubai Free Zones (DFZ) Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared …
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Boy, 7, drowns off Abu Dhabi beach
Abu Dhabi: A seven-year-old boy from the Gulf died after drowning in Abu Dhabi beach on Saturday evening, said police. The victim’s eight-year-old brother, who was also swimming at the beach, sustained moderate injuries and was treated at Al Rahba Hospital.
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Dubai Airports and Dubai Parks and Resorts Sign Exclusive Agreement to Feature the Theme Park Destination in DXB
DUBAI , United Arab Emirates–(BUSINESS WIRE)–Dubai Airports, operator of the world’s busiest international airport Dubai International, and DXB Entertainments PJSC (DFM:DXBE) owner of Dubai Parks and Resorts the Middle East’s largest integrated theme …
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Dubai SME to Support Women’s Summit Aimed at Steminism, Feminisation and Entrepreneurism
Dubai SME has been an official partner of the Summit since the inaugural edition along with the Dubai Business Women Council (DBWC), CEO Clubs Network, American Chamber of Commerce Abu Dhabi (AMCHAM Abu Dhabi) and Young Arab Leaders (YAL). Boeing keeps its …
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Dubai economy slows in 2017
This year Dubai’s government departments have been asked to propose a series of reforms designed to boost business confidence and economic growth. These include the rationalisation of government fees and a new mortgage law.
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Demand for business loans picked up as retail credit lagged in the first quarter
Dubai: Appetite for business loans has moderately increased across the board, with the exception of the Emirate of Abu Dhabi, according to the Credit Sentiment Survey of the Central Bank of UAE for the first quarter of 2018. The survey is a quarterly …
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Business Relationship Management – Functions (Managerial Role) – Corporate – Dubai Jobs
This person is responsible for building strategic business relationships, surfacing and shaping demands to realize value in alignment with the business strategies and within agreed timelines. The purpose of Business Relationship Manager is to evaluate …
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Aviation drives rise in Dubai’s real GDP to $105bn
In 2017, the number of visitors to Dubai reached almost 16 million, growing by 6 percent compared to 2016. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Number 3 car plate fetches Dh9m in Sharjah auction
Sharjah: Distinguished car number plates generated millions of dirhams during an auction where plate Number 3 fetched Dh9 million in a fierce bidding on Saturday evening. Organisers had a tough time controlling the proceedings in the charged up atmosphere …
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Business in the desert
Business management has been my passion since childhood and in order to pursue this interest I was looking for the right course which is also internationally well-recognised. After one of my seniors from school suggested Middlesex University Dubai (MDX …
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Dubai’s Gross Domestic Product reaches Dh389b in 2017
Dubai: Dubai Statistics Center (DSC) has revealed that Dubai’s real gross domestic product (GDP) reached Dh389 billion in 2017 compared to Dh379 billion in 2016, an increase of 2.6 per cent. According to DSC, the growth was fuelled by the performance of …
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Upskilling the UAE’s healthcare industry
The CEO of King’s College Hospital London in the UAE, Neil Buckley, spoke with Gulf Business about what the partnership hopes to achieve, and why upskilling is so important for the region’s healthcare professionals. How did the partnership between King …
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Defying image problems, start-up offers three-hour hotel stays in the UAE
Dubai: A new app has launched in the UAE that offers users a ‘microstay’ of three, six, or 12 hours in a hotel room, hoping to capture business travellers in transit, and families tired after long days of shopping. Spaniards Christian Rodriguez and …
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