Downtown Dubai, JLT, JVC and Dubai Motor City all declined … “offering good facilities at affordable rents” such as DIFC, Business Bay and Discovery Gardens witnessed a small movement …
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UAE to be fastest growing GCC economy in 2019: IIF
said in an another UAE research that outlook for the UAE’s GDP growth in 2018 and 2019 remains positive on the back of higher oil prices, a range of stimulus packages and easing of business regulation…
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European Parliament President Calls for Strengthening Cooperation with UAE in Humanitarian, Relief Work
BRUSSELS — His Excellency Antonio Tajani, President of the European Parliament, expressed his deep appreciation for the UAE’s global humanitarian and relief efforts, manifested through the …
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UAE energy minister says 1.2 million barrel-per-day cut is enough to balance markets
The UAE energy minister said a global oil pact that is trimming … The minister also dismissed tweets by US President Donald Trump against the alliance saying Opec+ were not in “the business of trust…
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UAE private sector activity dips, but optimism remains strong
In terms of recruitment, efforts to control costs discouraged firms from hiring additional workers at the end of 2018, despite increasing new business. “Employment was broadly unchanged, following a m…
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Abu Dhabi fund, developer seek to sell Chrysler Building
The building’s owners, the Abu Dhabi Investment Council and New York developer Tishman Speyer, have hired commercial real estate firm CBRE Group Inc. to market the office tower, CBRE spokesman Aaron R…
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Abu Dhabi said to mull sale of New York’s Chrysler Building
In 2008, the Abu Dhabi government fund paid $800 million for a 90 percent stake in the property, the report says. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and busi…
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Dubai FDI boosts investment ties with India
recently led a team of more that 80 of Dubai’s leading business entities to India in a move to improve economic and investment ties. The event was organized by key partner Musthafa & Almana. The deleg…
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Dubai’s smart city ambitions set to hit new milestone
Dubai’s first integrated smart city project taking shape at Dubai Silicon Oasis. du said it has partnered with Orange Business Services, the business services arm of the Orange Group, to deliver a com…
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Dubai injects $68m into its tourism ecosystem
Dubai Tourism has released approximately Dh250 million ($68 million) in bank guarantees for tourism-related service providers following the waiver of this prerequisite regulatory requirement to start …
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Dubai tourism firms to get $68m bank guarantees back
This follows the waiver of this prerequisite regulatory requirement to start a travel and tour business in the emirate. The new deregulatory measure allows for instant liquidity to be injected into Du…
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Dubai Tourism to return $68m in bank guarantees to local firms
Dubai’s Department of Tourism and Commerce Marketing has announced it will release Dhs250m ($68m) of bank guarantees, allowing local tourism players to reinvest in their business. Better known …
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Dubai scraps bank guarantees required to set up tourism companies
Dubai will waive bank guarantees required to set up tourism companies as the emirate seeks to lower the cost of doing business and attract investments in line with government initiatives to stimulate …
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Dubai DED in bid to spur ‘instant license’ service
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai, is partnering with Emaar Hospitality Group to promote the Instant License service offered …
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Siemens’ role ‘over 40pc in UAE power output’
… demonstrates that during financial year 2018 and coinciding with the Year of Zayed the company’s business goals aligned with the ambitions of the UAE, its government, its people and the broader so…
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UAE adopts ‘business continuity policy’ for energy sector
The UAE’s Department of Energy (DoE) – Abu Dhabi has adopted the “Business Continuity Policy” for the energy sector with the aim of enhancing performance and ensure a safe and sustainable supply in th…
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Dubai is ‘perfect’ holiday destination, says boxer Amir Khan
Dubai is a “perfect” family destination that caters to all kinds of visitors, according to one of the emirate’s most prolific celebrity visitors, British boxer Amir Khan. Speaking to Arabian Business, …
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