Category: BUSINESS

The UAE and wider GCC’s pension landscape is, ultimately, a nascent one. Its youthfulness gives it room for improvement, but it shows a great deal of promise. In a period of low oil prices and slower fiscal growth in the region, the subject of pension …
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Along with its Gulf peers – Dubai’s Emirates Airlines and Abu Dhabi’s Etihad — Qatar’s national carrier has captured a sizable portion of transit travel, capitalising on the Gulf’s central geographic location. But political differences between Qatar and …
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Dubai-based taxi hailing app Careem has announced its expansion into Palestine. The company said the launch was designed to support Palestine’s tech ecosystem and alleviate local transport issues. Operations will begin in Ramallah from June 15 with plans …
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We will continue to strengthen our business events offering, and strive towards transforming Dubai into a global knowledge hub.” The total number of meetings assessed include those that are organised by international organisations, as well as ones …
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Dubai’s hospitality industry has remained fairly resilient … “I think it’s always important in the hotel business to look long term because short term volatility will always be there. This is where it is advantageous to be present in various …
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Private sector business conditions in Dubai recorded robust improvement in May with output and new orders expanding, but the growth momentum eased to a seven-month low. Emirates NBD’s Economy Tracker Index, which tracks business confidence across the non …
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Business conditions in Dubai’s private non-oil sector slowed down, with growth easing to a seven-month low, according to the monthly index from Emirates NBD. Although output and new orders expanded, the seasonally adjusted Emirates NBD Dubai Economy …
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More than 23,000 Emirati entrepreneurs have received business consultancy services from Dubai SME since its inception and the agency has also supported the launch of over 4,000 projects. Sami Al Qamzi Dubai SME has also been successful in securing nearly …
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Emirates is offering Ghanaian travellers the opportunity to visit Dubai with a special Economy and Business Class return airfare that includes a free Visa, a free third piece of luggage of up to 23 kg and a “My Emirates Pass”. Under the special offer …
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DUBAI/DOHA Banks and firms across Gulf Arab nations sought to keep business links to Qatar open and avoid a costly firesale of assets on Wednesday as a political freeze descended on the region. Many banks in Saudi Arabia, the United Arab Emirates and …
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Dubai developer Emaar has announced plans to list 30 per cent of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily distributed as dividends to Emaar’s shareholders …
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The level of business confidence in the UAE climbed in May to its highest level since September 2016, with market pundits forecasting growth in output. Emirates NBD Future Output Index rose to its highest level since September 2016. “Many panellists are …
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while an estimated 231,000 Qatari visitors arrive in the UAE every year for business and holidays. The number of Emirati visitors to Qatar is more than 117,000. In the field of air transport, the number of flights operated by four UAE carriers and Qatar …
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Dubai: Emirates, Etihad Airways, flydubai and Air Arabia said on Monday they will suspend all flights to and from Doha starting June 6 until further notice after the UAE announced it was severing diplomatic ties with Qatar. The four main UAE-based carriers …
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Some commercial banks in Saudi Arabia and the United Arab Emirates have suspended business with Qatari banks as a result of a major diplomatic spat in the region, Reuters reported on Tuesday, citing banking sources. The sources said that lenders were …
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DUBAI — Dubai’s Department of Tourism and Commerce Marketing aims to welcome 20 million tourists per year as part of its 2020 Vision. With the ultimate vision of positioning Dubai as the world’s most visited city, Dubai’s Department of Tourism and …
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Dubai airline Emirates will now be using BMW cars for its chauffeur service for business class passengers in the UAE, it revealed on Tuesday. The new fleet, featuring BMW 520i Touring cars, is being rolled out from now until the end of the year, as the …
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