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Category: BUSINESS

Posted on 31/12/2018

Why airlines must transform business models

Dubai International Airport leads globally in terms of international … geopolitical challenges may require them to revisit their strategies and transform their business models in order to continue t…
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Posted on 31/12/2018

UAE- Midea Celebrates 50 Years in Business

The world’s largest air-conditioning and home appliances manufacturer, Midea, has experienced exponential growth in recent years Midea urges industry regulators and customers to be aware of …
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Posted on 31/12/2018

ADX wins IBMC UAE-INDIA Business Excellency Award 2018

Abu Dhabi Securities Exchange, ADX, has received the ‘IBMC UAE-INDIA Business Excellency Award 2018’. The award is a top international recognition that honours business excellence in India and the UAE …
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Posted on 31/12/2018

UAE online travel sales seen topping $4.7bn in 2018

Leisure vs. business travel Leisure tourism accounted for 52 per cent of the intermediaries’ online travel sales in the UAE, with the value of transactions in this category are expected to reach Dh4.3 …
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Posted on 31/12/2018

Six Reasons Why UAE Attracts Global Startups

A stronger economy will help entrepreneurs to grow their business fast and attract talent. The UAE cabinet has approved a zero-deficit federal budget of AED180 billion for 2019 to 2021. Meanwhile, nex…
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Posted on 31/12/2018

Stimulus to support UAE markets in 2019, analysts say

At the same time, the UAE government announced higher spending into the economy in 2019 which will support the business environment and gain more investor trust.” Sheikh Mohammed bin Zayed, the Crown …
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Posted on 30/12/2018

Sharjah to hold 10-minute fireworks show for New Year

Al Majaz Waterfront, one of Sharjah’s family leisure destinations will be ushering in the new year with a spectacular 10-minute long fireworks display launched from 16 aligned massive barges on Monday …
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Posted on 30/12/2018

UAE business outlook for 2019: What to expect in real estate, jobs, IT, banking, stocks and jewellery sectors

Real estate prices are not likely to decline, neither are rents There will be some job hiring especially in the IT and education sectors Cloud adoption will be the way forward from a technology …
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Posted on 29/12/2018

Six reasons why the UAE will be the best place globally for start-ups in 2019

With more women investors and a more inclusive, diverse and consequently booming ecosystem, there has never been a better time for a woman to open a business in the UAE. 6. Influx of young talent …
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Posted on 26/12/2018

Police clarify rumours on 50% traffic discounts in Sharjah

Sharjah Police have urged the public and social media users not to pay attention to false reports and to follow the news of Sharjah Police through its official accounts on social networking sites.
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Posted on 26/12/2018

Neighbourhood Watch: why business is booming in growing Dubai district

A drive to Business Bay in Dubai just a decade ago meant bumping down a sandy track with only a scattering of traffic cones to mark the route. Today, however, those days appear long gone, with a host …
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Posted on 24/12/2018

New executive chef at Millennium Atria Business Bay

The soon-to-open Millennium Atria Business Bay in Dubai has appointed Supul Maneesha as its new executive chef. Maneesha will be responsible for overseeing the operations of the hotel’s dining outlets …
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Posted on 24/12/2018

Video, pictures: UAE leaders, Bahrain’s king visit Dubai’s heart-shaped lake

Bahrain’s King Hamad bin Isa Al Khalifa arrived in the UAE this week, where he held talks with senior UAE leaders. During the meeting, they discussed the bilateral relations between the UAE and …
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Posted on 24/12/2018

Liberty House eyes steel and aluminium assets in the UAE

“The UAE is an area where we can see sustainable growth for the … “There may be opportunities for IPOing some individual parts of the business but not as an overall business,” he said. “We are looki…
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Posted on 24/12/2018

Dubai RTA, Careem launch e-hail taxi JV

Many global e-hail companies were immensely interested in teaming with the RTA as Dubai offers excellent business prospects and has a global reputation as an attractive business haven,” he noted. “Fiv…
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Posted on 24/12/2018

UAE, GCC equities plunge; bearish trend to persist

The UAE and other Gulf equity markets plunged on Sunday following Wall Street’s poor performance on Friday due to concerns about a US government shutdown and global economic slowdown concerns. This be…
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Posted on 23/12/2018

Why UAE needs to stimulate scale-ups

driven primarily by Dubai’s position as a regional business hub and recent increased focus on SMEs and entrepreneurship,” he said, adding that the country attracts many entrepreneurs from outside, inc…
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