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Category: BUSINESS

Posted on 18/01/2018

Dubai’s Jumeirah appoints Four Seasons VP as new CEO

Dubai hotel company Jumeirah has announced the appointment of former Four Seasons vice president Jose Silva at its new chief executive officer. He previously served as regional vice president for France, Switzerland, Spain and Portugal at Four Seasons and …
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Posted on 18/01/2018

Dubai Financial Market launches allocation service

Dubai Financial Market (DFM … funds and further promote their participation especially that it complies with their way of doing business.” The exchange said it had set comprehensive regulation governing the new mechanism including timeframes of …
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Posted on 18/01/2018

Dubai Islamic Bank net profit up 11% on core business growth

Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday recorded 11 per cent growth in net profit in 2017, driven by core business growth and effective cost management. DIB said its net profit crossed Dh4.5 billion while total income exceeded …
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Posted on 17/01/2018

An opportunity not to be mist! Stunning footage shows Dubai’s skyscrapers poking out from above a blanket of fog

Rustam Azmi, an Indian business owner who has lived in Dubai for 28 years, took the pictures from the 88th floor of a tower in the marina and from the Index and Executive towers in the downtown area. The 31-year-old said: ‘I have seen the golden age of …
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Posted on 17/01/2018

VAT In The UAE: How Is Your Business Affected?

As we have entered January, the first month of the new VAT regulations in the UAE, business owners across the Emirates are bracing themselves for a big change. Historically, the UAE has operated one of the simplest taxation systems in the world. But in …
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Posted on 16/01/2018

UAE set to be removed from EU blacklist of tax havens

The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month. Following “new commitment letters signed at high political level,” the EU’s Code of Conduct working group on business taxation …
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Posted on 16/01/2018

UAE will complain to UN over Qatar war planes

The United Arab Emirates will lodge a complaint against Qatar at the United Nations’ aviation agency on Tuesday after Qatari war planes allegedly intercepted UAE civilian aircraft, a UAE official said. The UAE said on Monday that Qatari air force jets …
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Posted on 16/01/2018

Gemini Property Developers Appoints National Piling for 29-Storeyed Symphony – Business Bay

Gemini Property Developers, a Dubai-based boutique real estate developer, has announced the appointment of National Piling as piling and shoring contractor for the upcoming 29-storeyed Symphony – Business Bay, being developed at Business Bay area – the …
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Posted on 16/01/2018

Seven Dubai flights diverted due to heavy fog

“Low visibility caused by foggy weather conditions have disrupted normal operations at Dubai International (DXB) this morning with seven in-bound flight diverted to a neighbouring airport,” the spokesperson told Arabian Business. “Dubai Airports is working …
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Posted on 16/01/2018

Revealed: Dubai’s most expensive communities

Downtown Dubai and the nearby Old Town community are the most expensive areas to rent and buy apartments, according to new research from Propertyfinder Group. According to the research, the most expensive area to buy an apartment is downtown Dubai …
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Posted on 16/01/2018

We Need Part-Timers and Students to Cut Costs: Restaurant Owners in Dubai

Dubai’s F&B business owners are getting that sour taste — and it’s not just the steep rents they fork out that’s causing it. So they are looking for some sweeteners that could help make things better for them. “The fact that we are only able to …
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Posted on 16/01/2018

Dubai’s Emirates to resume flights to Istanbul Sabiha Gokcen Airport

42 business class and 310 economy class seats. This will increase Emirates’ weekly flights to Istanbul to 16 with 6,500 seats. EK119 will leave Dubai at 10am and arrive in Istanbul at 1:45pm. Return flight EK120 will leave Istanbul at 3:45pm and arrive i …
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Posted on 16/01/2018

12 business lunch deals in Dubai for under Dhs100

Are you incredibly busy and important? Well, of course you are. But no matter how full your schedule, you should always find time for a lunch break. Fortunately, that doesn’t have to mean bringing stale sandwiches from home – or ordering Deliveroo to …
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Posted on 16/01/2018

Business Development Manager – FMCG – Dubai Jobs

A leading FMCG Group in UAE is looking for a Business Development Manager to plan, direct and implement sales strategies and programs to achieve sales objectives, increase market share and profitability of its premium brands and international range of …
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Posted on 16/01/2018

Dubai issues nearly 20,000 new licences in 2017

The Business Registration and Licencing (BRL) sector in Dubai Economy witnessed 288,878 transactions, including 19,877 new licences, during 2017, showing the activity recorded on the “Business Map” digital platform. The “Business Map” tracks BRL activity …
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Posted on 16/01/2018

Smart Dubai close to rolling out 20 blockchain-based services

leading to new opportunities for multi-party collaboration and eventually exciting new business models.” The Dubai Land Department, Dubai Municipality, Dewa and the Department of Naturalisation and Residency Dubai are among those running blockchain pilot …
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Posted on 15/01/2018

VAT could hit UAE property market in 2018

There are 17,000 apartments scheduled to enter the market in 2018 through completions at projects including New Dubai Gate in JLT, The Pad in Business Bay, Eagle Heights in Sports City and Serenia Residences on Palm Jumeirah. However, actual completions …
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