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Category: BUSINESS

Posted on 25/06/2018

UAE, Saudi firms willing to loosen purse strings to expand

Dubai: Middle East businesses are confident in the economic growth prospects for the year ahead and executives are willing to invest further in their businesses, according to the 2018 Global Business & Spending Outlook, a survey released today by American …
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Posted on 25/06/2018

UAE malls go all out in winning back shoppers

Dubai: UAE malls and their retailer tenants have only one thing … What they don’t want happening over and over again is to see some of their retailers exit because of low business. All such exits cause disruptions. Helped by the promotions, clothing …
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Posted on 25/06/2018

UAE to establish new fatwa council

The UAE cabinet has approved the formation of a new Fatwa Council in the country. The council will serve as the official reference for fatwas in the country and will organise the work of government authorities, institutions and individuals related to …
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Posted on 25/06/2018

Dubai World Trade Centre cuts licensing fees

They follow other government measures designed to reduce the cost of doing business in Dubai across a number of industries and improve the city’s global competitiveness. Read: Dubai to cut municipality fees at hotels, restaurants “DWTC’s commercial …
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Posted on 25/06/2018

Dubai private schools earn over $2bn in tuition revenue

Dubai’s private schools earned AED 7.5 billion ($2.04 billion … Of the students, the vast majority – 59.3 percent – are enrolled in business programs, which also accounted for 53 percent of the year’s 7,227 graduates from free zone universities.
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Posted on 24/06/2018

UAE, Kuwait most vulnerable for cyberattacks in the Gulf

Dubai: The UAE and Kuwait are among the most vulnerable for cyberattacks among the Gulf Cooperation Council Council countries in the first quarter, according to a report by cybersecurity firm Trend Micro. Both these countries are rated first and second in …
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Posted on 24/06/2018

UAE plans to invest $75 billion in India, says nation’s foreign minister

It shows the UAE’s desire for its relationship with India to be multifaceted: not only political but also one steeped in strong economic, cultural, and technological ties. I hope to engage the business community in Chennai, Hyderabad, and Mumbai …
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Posted on 24/06/2018

UAE Cabinet issues new rules to regulate dairy, beverage products

The UAE has issued two new resolutions to regulate dairy and beverage products in the country. The new rules were issued by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum. The first resolution, which will monitor milk and dairy …
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Posted on 24/06/2018

UAE to establish embassy in Maldives

UAE President Sheikh Khalifa bin Zayed Al Nahyan has issued a decree to establish an embassy in the Maldives. The embassy will be headquartered in Male, the capital of the island country, official news agency WAM reported. The UAE shares strong ties with …
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Posted on 24/06/2018

A Framework For The Future: Why The UAE’s Free Zones Are Due For A Reinvention

… UAE Cabinet announcement around 100% foreign ownership for UAE companies though, an existential risk is posed for this key contributor of the national economy: can they continue with business as usual via a real estate-driven and regulatory …
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Posted on 24/06/2018

UAE, Russia sign bilateral agreements on civil industries

Lastly, the UAE ratified an agreement on mutual administrative cooperation on customers matters with Tajikistan. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to …
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Posted on 24/06/2018

UAE says ready to back efforts for peaceful Yemen rebel pullout

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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Posted on 24/06/2018

Surgeons perform double-lung transplant in UAE

Multidisciplinary teams of surgeons at Cleveland Clinic Abu Dhabi, part of Mubadala’s network of healthcare providers, have performed three transplant surgeries from a deceased donor on the same day, including the UAE’s first double-lung transplant.
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Posted on 24/06/2018

75% off everything at this Dubai store

Dubai: Here’s a budget-saving deal that may be hard to beat – a Dubai-based retailer of luxury American brand is putting everything on sale. From 10am on Monday, June 25, Halston Heritage at Mall of the Emirates will offer a massive 75 per cent …
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Posted on 24/06/2018

Dubai project to ease Sheikh Zayed Road traffic from September

Dubai’s Roads and Transport Authority (RTA … In addition, the works are expected to boost business and movement of goods from and to Jebel Ali Port. “The project will step up the capacity of Al Yalayes Road to almost 10,000 vehicles per hour per …
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Posted on 24/06/2018

Dubai to fine drivers for using JLT bus lane from next week

Dubai is preparing to activate a new dedicated bus and taxi lane in the south of the city from next month. The third phase of the Masar project will cover 1.8km on the approach to Jumeirah Lakes Towers metro station. Regular cars that enter the lane will …
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Posted on 24/06/2018

Migrant workers make Dubai-Mumbai busiest international air route

The data showed that United Arab Emirates — with Dubai as one of the key cities — constituted almost half of the total international seats from India during the 2017-18 fiscal, “primarily led by migrant workers and business market in the Middle East”.
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