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Category: BUSINESS

Posted on 19/09/2018

UAE remains a millionaire magnet

Taimur Khan, research manager, Knight Frank, said given the projected economic growth and the UAE’s attractions as a lifestyle and business-oriented destination, the country is very likely to see the …
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Posted on 19/09/2018

UAE’s non-oil economy grows 3.6% year-on-year in the second quarter

DUBAI: The UAE’s non-oil economy grew 3.6 per cent year-on-year in the second quarter, compared to a revised 3.8 per cent in the first quarter, which was the fastest rate since the beginning of …
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Posted on 19/09/2018

The Dubai Business Women Council meets with the UN Assistant Secretary-General to discuss cooperation

The Dubai Business Women Council held discussions with HE Yannick Glemarec, UN Assistant Secretary-General and Deputy Executive Director for Policy and Programme in UN Women, who headed a …
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Posted on 19/09/2018

Dubai Trade Official Talks Indiana Opportunities

In an interview with Inside INdiana Business, Al Gergawi says the message to leaders throughout the state is that Hoosier companies can “utilize Dubai’s positioning to grow their business.” World Trad…
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Posted on 18/09/2018

Dubai Business Women Council, UN Assistant Secretary-General discuss cooperation

DUBAI, 18th September, 2018 (WAM) — The Dubai Business Women Council, DBWC, held discussions with Yannick Glemarec, UN Assistant Secretary-General and Deputy Executive Director for Policy and …
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Posted on 18/09/2018

Berkshire Hathaway Specialty Insurance Company Adds Key Product Line & Service Leaders in Dubai

BOSTON — Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has further expanded its leadership team in Dubai with the appointment of executives to fill key product …
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Posted on 18/09/2018

British woman jailed for three months in Dubai after post-brunch row

A British resident of Dubai has been jailed for three months for her part in the assault of a Swedish computer executive, according to reports. Asa Hutchinson, 22, was in a group of three men and …
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Posted on 18/09/2018

Dubai allows 163 free zone firms to operate in mainland

and strengthen Dubai’s reputation for attracting investments, promoting entrepreneurship and facilitating business development. Nearly 34,780 free zone companies in Dubai are expected to benefit from …
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Posted on 18/09/2018

Dubai retail sector battles oversupply but prime occupancy stays firm

“Consumer and business sentiment is expected to improve visibly over 2018 due to the launch of several large infrastructure projects announced by Dubai Government and various policy initiatives aiming …
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Posted on 18/09/2018

Dubai Competitiveness Office Announces Digital Platform to Showcase Emirate’s Competitiveness Globally

“The launch of the digital platform is part of our strategy to promote business competitiveness and sustainable economic growth in Dubai,” said Hani Al Hamli, Secretary General, Dubai Competitiveness …
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Posted on 18/09/2018

Dubai bank Emirates NBD expands in Saudi

Dubai’s biggest lender Emirates NBD has opened … It offers retail, private, business and wholesale banking in all its branches along with corporate finance advisory, project and syndicated …
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Posted on 17/09/2018

With an eye on expats’ pockets, UAE to offer them residency on retirement

The United Arab Emirates will allow foreigners to obtain extended residency visas after they retire, a major policy shift designed to give expatriates a bigger stake in the economy and foster longer-t…
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Posted on 16/09/2018

Abu Dhabi launches $13.6bn development programme

development plan during a meeting with members of the Abu Dhabi Executive Committee, reported state news agency Wam. Around Dh20 billion would be allocated to the 2019 development package, stated Moha…
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Posted on 16/09/2018

Abu Dhabi crown prince outlines Dhs50bn stimulus plan

Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan has announced more details of a Dhs50bn ($13.61bn) stimulus plan announced in June. The official said on Twitter that the programme, called, T…
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Posted on 16/09/2018

Abu Dhabi wins bid to host 2022 ITU Grand Final in world first

Mohammed Khalfan Al Rumaithi, Chairman of the General Authority for Sports and Deputy Chairman of the Abu Dhabi Sports Council, has hailed the country’s successful bid to host the 2022 ITU Grand Final …
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Posted on 16/09/2018

Abu Dhabi Global Market closing commercial funding gap in MENA

Speaking to the Emirates News Agency, WAM, on the ADGM FinTech Abu Dhabi Bootcamp Day today, Teng ruled out assumptions that FinTech is restricted to financial companies, affirming it is rather for th…
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Posted on 16/09/2018

Abu Dhabi crown prince reveals ‘Tomorrow 2021’ plan to push economic reform

Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed revealed the Ghadan 21 (Tomorrow 2021) plan on Sunday, which will drive the emirate’s economic reform projects and create a vision for its …
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