Dubai sees over 126% rise in new businesses launched during Q1

New businesses launched in Q1 reached 308, compared to 136 in Q1 2016. Dubai Economy also saw a 12 per cent year-on-year rise in business licences issued during the first three months of 2017, it said. Total number of licences issued in Q1 2017 was 5,387 ... ( read original story ...)

Dubai Economy sees 12% increase in licenses issued in Q1 2017

Dubai Economy saw a 12% increase in business licenses issued during the first three months of 2017 compared to the same period in 2016, indicating remarkable optimism among investors and stability across industry sectors. Total number of licenses issued in ... ( read original story ...)

Dubai FDI, Dubai Exports on mission to Canada

The City of Toronto Economic Development and the leading Canadian law firm Borden Ladner Gervais will host a networking breakfast for the delegation, which will be followed by the 'Advantage Dubai' seminar and business outreach meetings in Toronto. ( read original story ...)

Report highlights UAE business opportunities

The opportunities and attractions currently being offered in the UAE to businesses have been highlighted in a recent report released by the UAE Ministry of Economy's commercial attaché office in Washington, US. The report, which was developed with the ... ( read original story ...)

Here are the top Indian business leaders in the Arab world

Vipul, the Consul-General of India in Dubai, was present at the event. For the first time, the awards event also recognised the next-generation business leaders who are carrying on the legacy of their family businesses. Unlike the 2016 ranking, Forbes ... ( read original story ...)

Agricultural Bank of China starts RMB settlement in UAE

ABC said in a media statement at the opening ceremony that the new branch is to improve ABC's global settlement business, contribute to internationalization of yuan, and support the Belt and Road Initiative. Its Dubai Branch will provide diversified ... ( read original story ...)

Expo 2020 spending boosts Dubai economy

A key gauge tracking business conditions in Dubai in April registered its fastest one-month growth in more than two years, with the construction sector receiving a boost in the run-up to Expo 2020. Emirates NBD’s latest Dubai Economy Tracker Index rose ... ( read original story ...)

Dubai economy gains momentum at the start of second quarter

New business continued to rise for the fourteenth consecutive month in April. Average cost burdens increased at a modest pace across Dubai’s private sector in April, with the rate of inflation broadly in line with the trend recorded over the current 14 ... ( read original story ...)