You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. When it comes to starting a business in the UAE, local ownership restrictions are perhaps the number one issue that leaves foreign entrepreneurs scratching their heads.
( read original story …)
UAEJJF Begins Season 4 of Abu Dhabi Grand Slam on July 29
UK Organizer Further details on ABU DHABI GRAND SLAM® JIU-JITSU WORLD TOUR will be announced in coming weeks. Keep up to date with all the latest news by following @ADWJJT on Instagram, Facebook and Twitter.
( read original story …)
UAE regulator asks listed companies to declare exposure to Abraaj
Abraaj agreed to sell its Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business to US investment management firm Colony Capital Inc, the companies said on Thursday. Read: Dubai’s Abraaj sells part of its fund business to US …
( read original story …)
Dubai’s Abraaj sells part of its fund business to US firm Colony Capital
Dubai-based Abraaj Group agreed to sell its Latin America, Sub Saharan Africa, North Africa and Turkey Funds management business to US investment management firm Colony Capital Inc, the companies said on Thursday. The agreement comes after months of …
( read original story …)
Sharjah Ruler solves ‘noisy restaurant’ problem
Dubai: A woman’s complaint on a radio show was addressed by none other than the Ruler of Sharjah. The female caller, Hanan, took to the airwaves to vent about a restaurant that installed loud speakers in its outdoor seating area. The restaurant …
( read original story …)
UAE signs deal to send first Emirati into space
The UAE his signed a historic deal to send its first astronaut into space in the coming months, according to the country’s vice president. Sheikh Mohammed bin Rashid Al Maktoum, who is also Prime Minister and Ruler of Dubai, said on Twitter the agreement …
( read original story …)
$125m Fujairah Business Centre construction ‘ahead of schedule’
Dubai Investments has announced that the AED460 million ($125 million) Fujairah Business Centre project, being developed by its joint venture entity Al Taif Investment, is progressing ahead of schedule. Al Taif Investment, DIC’s joint venture with …
( read original story …)
Handwritten parking tickets spook many in Business Bay
Dubai: If you live in Business Bay and have received a ‘handwritten’ parking ticket (above), you’re not alone. In recent days, several residents here have got ‘handwritten tickets’ from an ‘officer’ who claims to go by the name of Jasim Ali.
( read original story …)
Dubai’s Gems Education to freeze teacher salaries
Dubai-based Gems Education has reacted to a government decision to freeze school fees for the next academic year by postponing pay rises for teachers, according to reports. Dubai Executive council approved the recommendation for the 2018-2019 school year …
( read original story …)
Dubai court sentences British twins to six months in jail for assaulting police officer
Two British sisters have been convicted of assaulting a female police officer outside a Dubai nightclub. Alena and Sasha Parker, who are British passport holders but originally from Belarus, were sentenced to six months in prison followed by deportation …
( read original story …)
Dubai’s Emirates to operate one-off A380 to Muscat
Dubai carrier Emirates will operate a one-off Airbus A380 service … Read: Video: Muscat’s new airport readies for first flights It will have 429 economy class, 76 business class and 14 first class seats. “It is a very important destination for …
( read original story …)
In the zone – Doing business in Dubai
On behalf of New Business, Kitty Vine of Markettiers, interviews Guatam Sashittal, the chief exec of Dubai Multi Commodities Centre, for New Business The DMCC Free Zone is home to over 14,000 businesses, ranging from multinational corporations to start-ups …
( read original story …)
Dubai-based Abraaj has restructuring approved by Cayman Islands court
Dubai: The Grand Court of the Cayman Islands has appointed … to appoint David Soden and Stuart Sybersma of Deloitte as joint provisional liquidators of the fund management business, Abraaj said in a statement. “This order validates the position …
( read original story …)
Renovation of Dubai ruling family’s former neighbourhood welcomed by traders
… and create the world’s largest open air museum have been welcomed by traders working in one of Dubai’s oldest neighbourhoods. Members of the local business community say the rejuvenation of Shindagha Heritage District in Dubai Creek, part of a wider …
( read original story …)
Dubai Marina’s Zen Tower fire started on balcony, report shows
The fire that erupted in Dubai Marina’s Zen Tower on May 13 began on the balcony of a first floor, where furniture kept outdoors caught fire due to an electric short circuit or from smoking waste, according to a report by Al Barsha police station released …
( read original story …)
Eid holiday accidents kill 3 in Sharjah, RAK
Sharjah: Three people were killed in three separate traffic accidents in Sharjah and Ras Al Khaimah during the Eid Al Fitr holidays. The fatal accidents included a crash, a car hitting a pedestrian and a car flipping over. Two people were killed and two …
( read original story …)
UAE climbs digital competitiveness ranking
The UAE has lcimbed one place to 17th in this year’s World Digital Competitiveness Report by Swiss business school International Institute for Management Development (IMD). The institution said the emirates climbed the ranking of 63 economies …
( read original story …)