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Category: BUSINESS

Posted on 01/11/2016

12,229 vessels sailed into and out of the Dubai Creek in 2015: Dubai Customs

DUBAI: Nearly 12,229 vessels, including traditional wooden boats, modern vessels and cruise ships, sailed in and out of the Dubai Creek during 2015, the Dubai Customs reported on Monday. Dubai Customs are keen on holding regular meetings with stakeholders …
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Posted on 01/11/2016

Understanding nuances of the UAE’s Competition Law

As a result, the UAE Competition Law is now fully operational … established that an abuse of a dominant position may only occur if the market share of the business allegedly abusing its position exceeds 40 per cent. Anchoring the materiality threshold …
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Posted on 01/11/2016

16,000 jobs open in UAE in one year: LinkedIn

In terms of college degrees, civil engineering, business management and computer science are popular among undergraduates in the UAE. Among postgraduate students, the most popular ones are industrial engineering, business management and computer science.
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Posted on 31/10/2016

Dubai Investments wins ‘Best Enterprise’ award from Europe Business Assembly

Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has won the international ‘Best Enterprise’ award from Europe Business Assembly [EBA], an independent UK-based corporation promoting …
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Posted on 30/10/2016

Dubai adds partnerships to bring in more Chinese visitors

Dubai has stepped up its game to grab more Chinese visitors by partnering with major tourism and financial services companies while adding more Chinese employees to the roster at Dubai Duty Free. The emirate had more than 14.2 million overnight visitors …
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Posted on 29/10/2016

Dubai eyes China to boost relations

Shanghai: Dubai is organising a three-day event in Shanghai aimed at further strengthening relations in different business and cultural fields through deepening knowledge of the emirate’s mushrooming business environment and booming opportunities.
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Posted on 27/10/2016

Dubai: Where Business Meets Opulence

Thanks to its plush business districts, world class amenities and global accessibility, Dubai has emerged as one of the top financial centres of the world. With easy access and connectivity to the rest of the world, it has everything on offer to make for a …
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Posted on 26/10/2016

UAE Exchange to acquire remittances business Remit2India

Dubai: UAE Exchange, a remittance, foreign exchange and payment solutions company, has reached a deal to acquire the online remittance business Remit2India from TimesofMoney, India. The value of the transaction has not been disclosed. Founded in 2000 …
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Posted on 26/10/2016

UAE joins the club of top 10 improvers globally in ease of doing business

Dubai: The UAE ranked top among Arab countries in the World Bank’s ease of doing business report ‘Doing Business 2017: Equal Opportunity for All’. It also figures in the list of the world’s top 10 improvers, based on reforms undertaken. Others in …
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Posted on 26/10/2016

PICS: $11m makeover for Emirates' Dubai Business Class lounge

“One day when I’m big…”, “I hate you so much right now…” or “Amazing, a business class upgrade is my dream…” are but some of the comments you’ll most likely receive when you brag, yes brag about making a long-haul journey all deftly snuggled up in …
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Posted on 25/10/2016

Business confidence in UAE, rest of GCC hold up despite uncertainty

Dubai: Confidence of business owners in the UAE and the rest of the Gulf Cooperation Council (GCC) region is holding up despite the current challenging economic climate. A survey conducted among 196 business leaders in the GCC over the past six months …
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Posted on 25/10/2016

Dubai Tourism approves 1,805 holiday homes

Of those, 39 have been approved, enabling them to enter the market and join the 78 approved holiday home operators already doing business in Dubai. In order to obtain a license, homeowners must ensure their property meets the required quality, and health …
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Posted on 24/10/2016

Dubai’s Deyaar reports 22.5% increase in Q3 profit

Dubai property developer Deyaar has announced a 22.5 per cent increase in net profit in Q3 following a significant rise in revenues. Net profit for the three-month period totaled Dhs56.4m ($15.4m) and Dhs168m for the first nine months of the year. This …
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Posted on 24/10/2016

Emirates, Moet & Chandon open business class 'champagne lounge'

Emirates’ upgraded business class lounge at Dubai International Airport’s Concourse B now looks like an even better place to spend a few hours between flights. The airline colossus has partnered with Moët & Chandon to open a champagne lounge serving four …
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Posted on 24/10/2016

Emirates renovates business class lounge for $11 million

Emirates has completed a makeover of its business class lounge at concourse B of Dubai International Airport. The $11 million refurbishment project took two years to complete. Emirates has introduced three concept areas within the Emirates business class …
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Posted on 23/10/2016

Shurooq encourages Indian business to invest in Sharjah

Sharjah represented a deep-rooted success story that the UAE-India business relations sustained until today, this effectively positioned the UAE as India’s third largest trading partner in 2015 after China and US. Free zones in Sharjah is currently made …
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Posted on 23/10/2016

Revealed: UAE workers who will get wage hike

Gareth el Mettouri, associate director at Robert Half UAE, told Gulf News that while some companies … “Many organisations are still seeking specialist professionals for business critical roles,” el Mettouri said. In fact, among the chief financial …
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