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Category: BUSINESS

Posted on 25/08/2020

Tourists welcome: UAE travel and hospitality stay resilient

Early this month, the UAE government approved a general plan and agile package of 33 initiatives to support the economic sector and stimulate business activity until 2021. The aim of the plan is to …
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Posted on 25/08/2020

Tourism a welcome boost for UAE’s resilience

The UAE’s tourism industry is well-positioned to overcome the current challenges and reinforce its contributions to the country’s economic development, said Abdulla bin Touq Al Mari, UAE Minister of …
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Posted on 25/08/2020

Fighting coronavirus: Safety is first order of business as teachers in UAE return to work

With half of their faces hidden in masks, they sat for safety briefings and discussed how they would go about the different learning models.
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Posted on 24/08/2020

Firms serve up assistance to UAE food security mission

The UAE has implemented a range of policies, measures and strategies to ensure constant food supplies from abroad and scaled up agricultural production at home – and this is evident as businesses come …
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Posted on 24/08/2020

NBF launches SME community platform in UAE

National Bank of Fujairah (NBF) on Monday announced the launch of NBF Connect, a banking platform for small and medium enterprises (SMEs)­ that will serve as a one-stop shop and will include access to …
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Posted on 24/08/2020

TBY launches its Dubai 2020 edition

The Business Year (TBY), a global media group that has been providing investors, businesses, and governments with first-hand insights into the world’s most dynamic markets for over a decade, has …
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Posted on 24/08/2020

Rescue of Jewish Family From Yemen, Sponsored by Crown Prince of Abu Dhabi

While the historic agreement between Israel and the UAE continues to make headlines around the world, meanwhile, far from the spotlight, the UAE has been i …
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Posted on 24/08/2020

Commercial cases filed in Dubai surge 96%: DIFC Courts

Dubai and the UAE, for investors and the international business community,” said Omar Al Muhairi, deputy chief justice at DIFC Courts.
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Posted on 24/08/2020

IPL 2020: Welcome to UAE – a sneak peak into KKR’s team room in Abu Dhabi | WATCH

On Monday morning, KKR gave a sneak peak into their lavish accommodation in Abu Dhabi, which will be their base for the duration of the tournament.
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Posted on 24/08/2020

Most UAE small and medium businesses upbeat on rebound within 6 months

Most small and medium businesses (SMBs) in the UAE are beginning to feel optimistic about the future of their business but estimate it will be about six months before their businesses are back to full …
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Posted on 23/08/2020

Most UAE SMBs upbeat on rebound within 6 months

While 94 per cent of SMBs in the UAE – who took part in a study conducted by Visa – are upbeat of a rebound in business compared to 67 per cent globally, they have also shown “an incredible …
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Posted on 23/08/2020

How BITS Pilani Dubai is building an innovation and entrepreneurship ecosystem

Over a period of time, the university has built an ecosystem conducive to successfully lead early-stage start-ups by its well-rounded team of students coming from various disciplines of engineering.
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Posted on 23/08/2020

V12 number plate fetches $1.9m at Dubai RTA auction

Number plates in Dubai continue to big business despite the economic slowdown caused by Covid-19. The 104th open auction for distinctive number plates, organised by Dubai’s Roads and Transport …
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Posted on 23/08/2020

Israel and UAE Get Down to Business

Last week’s surprise move by the UAE to normalize relations with Israel in a US-backed shift paves the way for establishing direct flights, opening telecommunications links, exp …
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Posted on 23/08/2020

How a Dubai face mask maker turned job loss into opportunity

A few days later, a stranger in a lift complimented the mask she wore and placed an order on the spot. Ms Purewal made 250 masks in the first 40 days, with requests coming by word of mouth and through …
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Posted on 22/08/2020

UAE banks turn cautious on personal loans as skips and defaults rise

In addition to credit bureau reports on individual and companies, we keep tracking market intelligence on assessing credit quality of individuals and companies,” said the retail banking head of a UAE …
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Posted on 22/08/2020

UAE banks turn cautious on personal lending as skips and defaults rise

Many bankers who spoke to the Gulf News said they are forced to tighten lending norms for individual borrowers including business customers. 7 point guide to applying for a credit card in the UAE How …
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