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Category: BUSINESS

Posted on 16/08/2018

London Cop To Carry ‘Flame Of Hope’ In Abu Dhabi

Sergeant Derek Spence, a 32-year veteran of the London Police Service, will travel to Abu Dhabi in the United Arab Emirates in March to carry the torch in the final leg of the Law Enforcement Torch Ru…
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Posted on 16/08/2018

Dubai’s private sector records slowest growth in three months in July

Business conditions in Dubai’s non-oil private sector improved at a slowest rate in three months in July, according to the monthly survey by Emirates NBD. The seasonally adjusted Dubai Economy Tracker …
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Posted on 15/08/2018

Dubai taps India’s jewellery sector

The Dubai Chamber of Commerce and Industry recently concluded a study mission to India, which explored business opportunities in the country’s gems and jewellery sector. The study mission included vis…
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Posted on 15/08/2018

Dubai Properties energy initiative at Business Bay project to offset 1,450t of carbon dioxide

Master developer ties up with Honeywell and Signify to carry out energy efficiency upgrades at 11 towers in Business Bay Executive Towers development Dubai Properties, a member of Dubai Holding, has a…
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Posted on 15/08/2018

UAE leads Arab world in global competitiveness

The region will need to invest in its people,” the WEF said. The survey accompanying the report revealed the most problematic factors for doing business in the UAE ranked by executives included access …
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Posted on 14/08/2018

Dubai eyes Dh110B India trade

“Our representative office in Mumbai, which was opened earlier this month, is focusing on identifying new business opportunities in the Indian market for Chamber members, attracting Indian companies t…
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Posted on 14/08/2018

Dubai Chamber waives late membership fees

Dubai Chamber of Commerce and Industry (DCCI) has announced it will waive late membership fees in an effort to reduce the cost of doing business in the emirate. The measure is the latest taken by a go…
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Posted on 14/08/2018

‘Doing Business in the UAE Guide’ launched in London

The second edition of ‘Doing Business in the UAE Guide,’ a handbook covering basic information about the country and how to start your business in the area, was recently launched in London, UK. The bo…
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Posted on 14/08/2018

How Businesses operates in UAE

Process for Operating Business in UAE Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures, but before you start your legal formalities, you …
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Posted on 14/08/2018

UAE court adjourns bounced cheque case against Abraaj founder

This comes as Dubai-based Abraaj’s provisional liquidators seek to sell its investment management business. The criminal case in the emirate of Sharjah relates to a cheque for Dhs798m ($217.3m), signe…
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Posted on 14/08/2018

How do I start an E-commerce company in Dubai?

While to start an E-Commerce business in UAE and especially in Dubai, you are required to own an e-commerce portal license or a specific trading license from a free zone or from the mainland, whatever …
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Posted on 14/08/2018

Kazakhstan trade mission in Dubai

The event will take place tomorrow (August 14), at JW Marriott Marquis Dubai, Business Bay. From Kazakhstan’s side, large commodity producers of processed products will arrive to Dubai from following …
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Posted on 14/08/2018

UAE, Kuwait set to return to fiscal surpluses

The UAE and Kuwait are set to return to fiscal surpluses in 2018 … The reforms of the type outlined would further support improvements in the business environment, giving some boost to non-oil growt…
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Posted on 14/08/2018

Abu Dhabi Investment Authority just raised its bets on a few Indian stocks

Among the largecaps, ADIA raised its stake in Axis Bank to 1.19 per cent at the end of June quarter. The Abu Dhabi Investment Authority, or ADIA, was busy shopping on Dalal Street in a choppy market a…
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Posted on 14/08/2018

Dubai’s Drake and Scull replaces CEO, blames ‘rumours’ for share price drop

The Dubai-listed company, which is seeking to restructure about Dhs1bn of debt, has seen a major management reshuffle in recent years. Feghali, who was previously managing the international business u…
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Posted on 13/08/2018

Report: Dubai ‘Most Innovative City’ in Middle East

Dubai’s march towards becoming the world’s first smartest city … government services to create even better experiences in the city, so that all residents, business owners, city leaders and tourists …
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Posted on 13/08/2018

Dubai’s JLT metro stop renamed

Free zone operator Dubai Multi Commodities Centre (DMCC) on Monday announced the renaming of the Jumeirah Lakes Towers (JLT) metro station effective immediately. The decision will mean the Dubai Metro …
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