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Category: BUSINESS

Posted on 28/02/2018

Dubai Business Events wins 212 bids in 2017

Dubai Business Events (DBE) won 212 bids in the year 2017 which is significantly higher when compared with 2016. With this, Dubai is all set to welcome an additional 95,000 delegates, delivering an economic impact of approximately AED 715 million.
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Posted on 28/02/2018

Revealed: Top 5 most powerful Arabs in the UAE

UAE nationals are the largest group in our 2018 Arab Power … of Mubadala Development Company and International Petroleum Investment Company. He now has a business with $127bn of assets under management, a presence in 13 sectors and more than 30 countries …
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Posted on 27/02/2018

Panama seeks to use Dubai to open up region

Varela, speaking to Gulf News on the sidelines of the Global Business Forum — Latin America at Atlantis The Palm, Dubai on Tuesday, said, “Now, with technology — with the new planes and the connectivity that exists in the world — it seems to be a …
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Posted on 27/02/2018

UAE entrepreneurs flourish as infrastructure boosts opportunities

In Dubai, SMEs represent 95 per cent of all establishments. As a place to set up a new business, the UAE scores highly. The country came in at number 21 out of 190 of the economies for ease of starting a business, according to the World Bank Doing Business …
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Posted on 27/02/2018

UAE gold rates inch up on softer dollar

Dubai: Gold jewellery prices in the UAE have inched up slightly on the back of a softer US dollar and as the market awaits the testimony of the newly appointed chair of the US Federal Reserve. The price of 24-karat gold stood at Dh161 per gram as of 3.50pm …
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Posted on 26/02/2018

Founder’s Memorial inaugurated in Abu Dhabi

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces …
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Posted on 26/02/2018

Dubai Exports, FBMG Launch ‘Open Food Platform’ at Gulfood 2018

Dubai Exports, the export promotion agency of the Department of Economic Development (DED), together with the Food and Beverage Manufacturing Business Group (FBMG) and Gulfood, announced the launch of an ‘Open Food Platform’ at Gulfood 2018.
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Posted on 26/02/2018

Dubai Airports to close runway for upgrades in 2019

Dubai: Dubai Airports confirmed on Monday plans to close the southern runway at Dubai International Airport for 45 days in 2019 for refurbishment. The refurbishment is scheduled to take place from April 16 to May 30, 2019, when passenger traffic tends to …
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Posted on 26/02/2018

Dubai Business Club Rated 6-Stars as Dubai Economy Pursues Improved Customer Happiness

The ‘Dubai Business Club’ of the Department of Economic Development (DED) maintained its top position among customer service centres in Dubai with a six-star rating for the year 2017 too. The Happiness Lounge of Dubai Economy has also won a four-star …
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Posted on 26/02/2018

Dubai airport to close southern runway for 45 days next year

Dubai International Airport will close one of its two runways for 45 days next year for upgrade work, temporarily reducing capacity at the world’s busiest airport for international travelers, its operator said on Monday. The southern runway will be closed …
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Posted on 26/02/2018

Emaar launches new townhouse community at Dubai South

It is aimed to cater to demand within the 145 sq km Dubai South development including those working at the Al Maktoum airport, Aviation District, Business Park, Exhibition District and Humanitarian District and Logistics District. Read: Emaar unveils …
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Posted on 26/02/2018

Miguel Angel Lopez soars again at Abu Dhabi Tour

Lopez, like so many on his Astana team, has begun the new campaign in sparkling form, underscored by his podium finishes in Oman and Abu Dhabi this month … said that he was not concerned by the news. “I think there are little problems to be sorted …
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Posted on 26/02/2018

Dubai Airports to upgrade southern runway at DXB

Dubai Airports on Monday confirmed plans to close Dubai International’s (DXB) southern runway for a 45-day period in 2019 to conduct a comprehensive upgrade designed to boost safety, service and capacity levels. DXB operates 24/7, 365 days per year with …
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Posted on 25/02/2018

Dubai climbs to 14th on city innovation index

A survey of Dubai’s business community conducted as part of the report showed 92 per cent of respondents believed that developing a business strategy that supports and encourages innovative thinking would improve their innovation capabilities.
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Posted on 25/02/2018

UAE-Argentina Business Platform opens Jafza office

AS part of efforts to strengthen trade ties between the UAE and Argentina, the Emirates-Argentina Business Platform is to open its office in Jebel Ali Free Zone (Jafza). The agreement follows a meeting between Sultan Ahmed Bin Sulayem, Group Chairman and …
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Posted on 24/02/2018

Man scams Sharjah store using ‘money change’ trick

Sharjah: The Sharjah Police arrested an Arab man for stealing money from several stores in Sharjah’s Eastern Region. In the most recent case, police received a call from employees at the store reporting a theft, said Lieutenant Colonel Ali Al Dhanhani …
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Posted on 24/02/2018

UAE closes in on Top 20 spot in ease of doing business

The UAE is on the cusp of breaking into the Top 20 countries when it comes to “ease of doing business”, in the latest rankings issued by the real estate consultancy Knight Frank. It managed to move up five spots to be placed 21st, while among the other …
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