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Posted on 14/08/2018

Damac CFO says company ‘holding its nerve’ amid Dubai real estate slump

Dubai’s Damac Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sa…
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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

Solar retrofit sweeps across Dubai, Hatta

RELATED ARTICLES: Saudi and UAE boost solar energy investments | Deloitte: ‘Lessons in Europe for Saudi’s $200bn solar park’ | Saudi’s Zahid Group acquires stake in German solar PV firm Greencells | C…
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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 14/08/2018

What kind of financial firms are in Dubai (hedge funds, private equity, investment banking)?

5 ways to build wealth outside the stock market. If you want to become less dependent on stock-based investments, consider the following strategies. There are private equity funds such as Abraaj Capit…
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Posted on 14/08/2018

4,096 new speed limit signs go up in Abu Dhabi

The Abu Dhabi City Municipality has completed replacing 4,096 speed control panels in Abu Dhabi roads in a record time. ADM has carried out the project with the support of Abu Dhabi Police. The projec…
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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

Sharjah in Brazil: 12,000 km closer through culture

An overwhelming number of visitors to the fair turned up at the Sharjah Pavilion to have their Portuguese copies of Emirati titles signed by their authors; over 40 contemporary Emirati authors and int…
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Posted on 13/08/2018

UAE responds to AP report on deals with al-Qaida in Yemen

DUBAI, United Arab Emirates – The United Arab Emirates on … Responding to an AP question, the general denied the news agency’s report without offering any specifics. “They are not willing to negotia…
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Posted on 13/08/2018

Emirates passenger detained in Dubai for allegedly drinking wine finally reunited with family in UK

After news of Holman’s situation was reported, Dubai officials also disputed the reason Holman was taken into custody. “We dispute Dr. Holman’s account of her treatment,” an official told The Sun. “Sh…
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Posted on 13/08/2018

Abu Dhabi University To Offer Six New Undergraduate Programs At Dubai Campus

Efforts Aligned with UAE Vision to Support Innovation and Development In line with the UAE government’s vision to support innovation, information technology and development, Abu Dhabi University is se…
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