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Category: BUSINESS

Posted on 10/12/2017

Dubai’s Souq.com says no expansion planned for now due to “untapped” potential

Dubai-based online shopping site Souq.com is not looking to … Souq.com rapidly expand into new Middle East and North Africa markets. However, speaking to Gulf Business, Ronaldo Mouchawar indicated a more conservative approach was instead being adopted.
( read original story …)


Posted on 09/12/2017

UAE disappointed with EU tax list

Dubai: The UAE government has expressed its surprise and disappointment that it has been included by the European Union in a list of non-compliant tax jurisdictions. On Tuesday, the EU announced that the UAE, along with 16 other countries, had been …
( read original story …)


Posted on 07/12/2017

UAE ‘disappointed’ over inclusion in EU tax blacklist

The United Arab Emirates on Thursday said it was “surprised and disappointed” over its inclusion on a European Union tax haven blacklist. “We remain fully committed to maintaining the highest international standards of financial oversight and tax …
( read original story …)


Posted on 07/12/2017

UAE ‘surprised and disappointed’ to be included on EU list of non-compliant tax jurisdictions

Abu Dhabi: The UAE Government has issued a statement expressing its surprise and disappointment that it has been included by the European Union in a list of non-compliant tax jurisdictions. In the statement, the UAE highlighted its full commitment to …
( read original story …)


Posted on 07/12/2017

UAE start-up makes life child’s play for parents

My experience from the corporate world has been invaluable building the business, as has my journey as a mother. What gap in the market were you initially trying to fill? Hire4Baby.com considers itself an ancillary service to UAE tourism, and the intention …
( read original story …)


Posted on 07/12/2017

$450m ‘Da Vinci painting’ heads to Louvre Abu Dhabi

Media captionThe painting has been cleaned and restored from the image on the left to the one on the right A 500-year-old painting of Christ believed to be the work of Leonardo da Vinci is heading to the Louvre Abu Dhabi, the museum has said. The newly …
( read original story …)


Posted on 06/12/2017

UAE PMI makes highest gain since August on new businesses

The UAE’s non-oil economy had the biggest three-month gain in November, boosted by steep growth in output and new business, according to a key gauge of the sector. Purchasing activity rose at the highest pace since the survey began in 2009, suggesting …
( read original story …)


Posted on 06/12/2017

Dubai SME and WOMENA launch new entrepreneur programme

Dubai, specifically targeting young women considering finance or entrepreneurship careers. The course programme ran for one month, with two separate themes: ‘Future Founders,’ which focused on enabling students to create a viable business; and …
( read original story …)


Posted on 06/12/2017

Dubai Business Events Showcases 2018 Offerings at Ibtm World In Barcelona

Dubai Business Events, the city’s official convention bureau, has once again participated at IBTM World, showcasing the city’s latest offerings and forthcoming events throughout 2018. Held annually in Barcelona, the 2017 edition of IBTM World was …
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Posted on 06/12/2017

Dh5,000/night at ‘super premium’ Bulgari hotel in Dubai

Dubai: The lights have gone on at the seahorse-shaped Jumeirah Bay, Dubai’s next big destination for luxury living. The first component of that experience — a Bulgari hotel and right on the waterfront — opened its doors wide on Wednesday (December 6 …
( read original story …)


Posted on 06/12/2017

Dubai ranked in list of ‘top 30’ cities for global commercial real estate

Average office rents in Dubai increased marginally by 1.6 per cent year-on-year in the third quarter of this year, while vacancies in the central business district shrunk to 8 per cent from 11 per cent in the corresponding quarter in 2016, according to JLL …
( read original story …)


Posted on 06/12/2017

Dubai Investments Celebrates 36 Percent Increase in Sub-Leasing Contracts

coupled with the growing reputation of DIP as the preferred business destination. There has been a strong demand for warehouses in DIP, as a result of its proximity to the Expo 2020 site and Dubai South. DIP has consistently developed its road network …
( read original story …)


Posted on 06/12/2017

Dubai Parks and Resorts partners with Zayed University to encourage young Emiratis to excel in entertainment industry

“This class project with Dubai Parks and Resorts provided an opportunity for some of our best students to fulfil their potential and gave them vital hands-on experience in this critical business sector. We are confident it benefitted our CCMS students at …
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Posted on 05/12/2017

Dubai to get its second Raffles hotel

Raffles has ben operating a property at the Wafi complex in Dubai for some years now. The Palm360 — which will be the tallest structure on the Palm — will thus be Raffles’ first beachside resort in the city. Raffles will also manage the residential …
( read original story …)


Posted on 05/12/2017

Dubai Economy launches two endowments

Dubai Economy has launched two endowment initiatives, one for awareness and the other for economic knowledge, as part of the Year of Giving. The awareness endowment will support firms demonstrating their social responsibility through sustainable community …
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Posted on 05/12/2017

UAE’s private businesses make a rush to place orders

“The PMI (purchasing managers index) reading for November confirms our view that the UAE’s non-oil sector will likely see strong growth in the fourth quarter of this year, as both households and business will likely boost purchases before VAT comes …
( read original story …)


Posted on 04/12/2017

Dubai’s community malls keep playing catch-up

Dubai: In Dubai, community malls will always be playing catch-up to the hyper-malls. Even with Dubai’s resident base growing at 5 per cent annually, “we expect to see a shortage of neighbourhood centres and community malls,” states a new report from …
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