“While some sceptics may look at 2018 as a slow year in terms of UAE retail card spending, actual data collated by Mashreq bank’s merchant acquiring business shows otherwise,” he said. The Mashreq dat…
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Deyaar, Millennium open new hotel in Business Bay
Millennium Hotels and Resorts (Middle East and Africa) has joined hands with UAE-based Deyaar Development for the opening of its 40th property, the Millennium Atria Business Bay, which will serve a gr…
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Small Business
Do you want to start a business in Dubai? And searching for promising business ideas with low investment? Dubai is considered as the commercial capital… MBRF and Beehive join hands to provide digita…
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UAE’s Adnoc plans further global expansion after $570m profit
We have delivered on our business plan commitments for 2018 and remain focused on volume growth initiatives with accelerated UAE and international expansion plans. We are well on our way to make Adnoc …
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Entrepreneurs must keep tweaking their business models
Financing, one of the most important elements for a successful business, is due to change course in the months to come. Non-bank or alternative lending options in the UAE should see an exponential …
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UAE Insurance Authority pushes ahead with stringent life insurance regulations
The government body issued a third draft of the decision taken by IA’s board of directors on its website detailing its proposed overhaul of the life insurance and family takaful business in the UAE. “ …
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Latest gold, forex rates in UAE
Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling …
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Is this UAE’s first eco-conscious bespoke luxury menswear brand?
That’s the gaping fashion hole that Matthew and his business partner James Siggers decided to plug by starting up Benjamin Siggers in late 2017, headquartered out of Dubai. They met each other …
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Dubai International airport unveils new brand as it seeks to become a culture hub
Dubai Airports has unveiled its new brand for Dubai International Airport (DXB) as it aims to position the world’s busiest international airport as a hub for culture, hospitality, and …
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Sharjah officially inaugurates IWAS World Games 2019
Sharjah: More than 500 athletes from 50 countries have gathered in Sharjah for the International Wheelchair and Amputee Sports (IWAS) World Games, which was officially inaugurated on Tuesday. Shaikh A…
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Dubai now has 1,985 branches of foreign firms: DED
A branch of a foreign company is 100 per cent owned by the parent company, operates under the same name and conduct the same business as the managing firm, when they open a branch in Dubai. A branch o…
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Hiring still on in UAE? Nearly 50,000 new jobs open in Dubai in 9 months, says new report
Dubai: There has been a slight uptick in employment … busy setting up their own pavilions at the venue, thereby creating business and employment opportunities within the construction industry.
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UAE: An active start-up hub
Startup and operational costs for a tech business in UAE is very high compared to elsewhere in the world, according to a new entrepreneurial survey. The “Tech Entrepreneurship Ecosystem in the UAE Stu…
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WGS 2019: Urban Areas Can Become World’s Food Basket, Dubai’s Crown Prince Sheikh Hamdan Says
DUBAI, United Arab Emirates — Urban areas can become the world’s food basket. So said the Crown Prince of Dubai, His Highness Sheikh Hamdan bin Mohammed Al Maktoum, in a holographic address at …
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World Bank says to set up office in Abu Dhabi’s ADGM
The World Bank has announced it will be establishing its regional office in Abu Dhabi Global Market (ADGM), Abu Dhabi’s financial hub. Serving as the World Bank’s platform in the UAE, the new bureau w…
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WGS 2019: World Government Summit in Dubai Ushers in New Era
DUBAI, United Arab Emirates — A raft of announcements and statements of intent from some of the world’s leading policymakers and figureheads ushered in a new era of modern tolerance on the …
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Abu Dhabi includes Hindi as third official court language
Dubai: In a landmark decision, Abu Dhabi has included Hindi as the third official language used in its courts, alongside Arabic and English, as part of a move designed to improve access to justice. Th…
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