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Category: BUSINESS

Posted on 14/03/2018

UAE-Greek business forum explores trade and…

The UAE is keen to intensify its cooperation with Greece in many areas and explore trade and investment opportunities at the UAE-Greek Business Forum in Dubai. Addressing the forum, the UAE Minister of Economy Sultan bin Saeed Al Mansouri said that non-oil …
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Posted on 13/03/2018

UAE-Greek business forum explores trade and investment opportunities

The UAE is keen to intensify its cooperation with Greece in many areas and explore trade and investment opportunities at the UAE-Greek Business Forum in Dubai. Addressing the forum, the UAE Minister of Economy Sultan bin Saeed Al Mansouri said that non-oil …
( read original story …)


Posted on 13/03/2018

UAE, Qatar Warily Extend Joint Oilfield Concession

Perhaps the answer lies in the explanation one source from the UAE gave Arabian Business: “This concession was recently extended by each respective government to the Japanese consortium with no direct communication or engagement between the two states.”
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Posted on 13/03/2018

UAE’s BinSina Pharmacy plans to open 15 new stores this year

UAE pharmacy BinSina has announced plans to open 15 new outlets across the country in line with the country’s expanding healthcare market. The pharmacy is set to launch its new outlets across Dubai, Abu Dhabi, Ras Al Khaimah, and Sharjah with the rollout …
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Posted on 13/03/2018

UAE roads becoming safer, say motorists

The study, which was carried out by YouGov in February, is based on the views of a representative sample of 1,004 UAE residents. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
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Posted on 13/03/2018

Dubai presents itself as diamond re-export hub to Botswana

“Dubai is an ideal platform for Botswana to use as a re-export hub, with strong links across the Middle East, Asia and Europe,” Mr Al Hashemi said. “The Emirate offers plenty of advantages such as a world-class infrastructure, business-friendly …
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Posted on 13/03/2018

Dubai WoodShow takes off with more than 300 exhibitors

“A true green and sustainable industry, Steel Wood Industries business is in line with the vision of Sheikh Mohammad Bin Rashid Al Maktoum, vice president of UAE and ruler of Dubai – who remains our true inspiration.” The UAE’s Dh4 billion wood and …
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Posted on 13/03/2018

Dubai Chamber: How the Region’s Leaders Are Reacting to Disruption & Innovation

H.E. Buamim added: “Dubai Chamber is honoured to extend its support The Retail Leaders Circle MENA as an Event Partner, as this premier event will provide a powerful platform for business leaders to discuss pressing challenges, explore new growth …
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Posted on 13/03/2018

Abu Dhabi’s Rotana opens new Dubai Creek hotel

Features of the two include an executive lounge, a business centre, meeting and conference facilities … The combined 280 keys will add to Rotana’s existing 3,142 across nine other hotels in Dubai. The company also has 2,888 rooms under various stages …
( read original story …)


Posted on 13/03/2018

Update: Arabian Business StartUp Academy – How will VAT affect the UAE’s SMEs?

The Arabian Business StartUp Academy will take place on Monday, March 26 at the Dubai Technology Entrepreneur Centre (DTEC) in Dubai Silicon Oasis. The theme for the quarterly event will revolve around the newly-introduced Value Added Tax (VAT) in the UAE …
( read original story …)


Posted on 12/03/2018

UAE banks set for double-digit profit growth

“May be it is good in another way as lower real estate prices will make the UAE more competitive as the cost of doing business will decline.” He said the implementation of value added tax is helping banks with better lending opportunities as SME will be …
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Posted on 12/03/2018

UAE, Botswana officials in talks to boost trade ties

During the UAE-Botswana Business Forum taking place in Dubai on Monday, officials from the UAE said there is “huge potential” to extend the scope of bilateral trade as the Emirates aims to capitalise on high-growth economies. “[Most of] the trade now …
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Posted on 12/03/2018

Sharjah Government issues $1bn sukuk, its largest ever

director-general of Sharjah Finance Department. It is the region’s first sovereign sukuk issued in 2018, state news agency WAM reported on Monday, and the revenue from the sukuk will be used to fund infrastructure in the emirate. Al Sayegh said …
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Posted on 12/03/2018

The Abu Dhabi National Oil Company and Italy’s Eni Sign Historic Offshore Concession Agreements

Award marks first time an integrated Italian oil and gas company has been given a stake in Abu Dhabi’s concession areas Eni awarded 10% stake in ADNOC’s Umm Shaif and Nasr offshore concession and 5% stake in Lower Zakum concession, contributing AED 3.2 …
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Posted on 12/03/2018

Abu Dhabi in the clouds: Otherworldly images of the city’s landmarks

While Dubai’s buildings receive a large amount of exposure when they are photographed within the mist, Abu Dhabi’s wonders are not photographed as frequently, Khalid, 26, said. (Caters News) Photography by Khalid Alhammadi/Caters News See more news …
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Posted on 12/03/2018

Abu Dhabi Grand Slam London: black belt champions crowned in thrilling ending of a outstanding season

The final day of the Abu Dhabi Grand Slam Jiu-Jitsu World Tour in London, UK, this Sunday, March 11, at the Copper Box Arena, provided Jiu-Jitsu fans with the final note a glorious 2017/2018 season deserved. The adult and masters 1 black belt divisions …
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Posted on 12/03/2018

Dubai Chamber announces formation of Retail Business Group

DUBAI, 11th March, 2018 (WAM) — The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group, a new organisation that aims to promote cooperation among retailers in Dubai, serve common interests, and improve …
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