Dubai’s hospitality industry has remained fairly resilient … “I think it’s always important in the hotel business to look long term because short term volatility will always be there. This is where it is advantageous to be present in various …
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Dubai business conditions improve in May
Private sector business conditions in Dubai recorded robust improvement in May with output and new orders expanding, but the growth momentum eased to a seven-month low. Emirates NBD’s Economy Tracker Index, which tracks business confidence across the non …
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Dubai’s private sector growth eases to seven-month low
Business conditions in Dubai’s private non-oil sector slowed down, with growth easing to a seven-month low, according to the monthly index from Emirates NBD. Although output and new orders expanded, the seasonally adjusted Emirates NBD Dubai Economy …
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Dubai SME backs more than 23,000 entrepreneurs
More than 23,000 Emirati entrepreneurs have received business consultancy services from Dubai SME since its inception and the agency has also supported the launch of over 4,000 projects. Sami Al Qamzi Dubai SME has also been successful in securing nearly …
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Why can’t I give my kid a fairytale? Mom reveals she spent $25,000 on her son’s Dubai-themed prom send-off that featured supercars, a camel and three dates, after he helped her …
The mother who splurged $25,000 on exotic cars, three tons of sand and even a camel for her teenage son’s extravagant Dubai-themed prom send off, has spoken out about the touching reason she threw him such a lavish party and why she’s pushing back against …
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This mother spent over AED90,000 on a Dubai-themed pre-prom bash
Saudia Shuler has spent over AED90,000 (US$US25,000) to give her son Johnny Eden Jr. the ultimate Dubai-themed pre-prom bash. The extravagant bash that took place last week included a camel, three tons of sand, three sports cars as well as three custom …
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Expats lacked financial discipline those days
Sheikh Sultan was just 24 years old when we decided to start present Barjeel Geojit Securities LLC, the Indo-UAE joint venture in financial services. I have tremendous satisfaction for being instrumental in the formation of this joint venture, which has …
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Emirates offers special fare and free visa to Dubai
Emirates is offering Ghanaian travellers the opportunity to visit Dubai with a special Economy and Business Class return airfare that includes a free Visa, a free third piece of luggage of up to 23 kg and a “My Emirates Pass”. Under the special offer …
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Dubai roads change colour to red to indicate speed limits
The Dubai Roads and Transport Authority, RTA, has started colouring the asphalt red on parts of streets that are subject to changes in speed limits. Roads such as Oud Metha Street near Bu Kadrah Interchange along the extension of Dubai-Al Ain Street …
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Dubai roads change colour to red to indicate…
The Dubai Roads and Transport Authority, RTA, has started colouring the asphalt red on parts of streets that are subject to changes in speed limits. Roads such as Oud Metha Street near Bu Kadrah Interchange along the extension of Dubai-Al Ain Street …
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UAE blacklist likely to squeeze liquidity of Qatari banks
Qatari banks have around 60 billion riyals ($16 billion) in funding in the form of customer and interbank deposits from other Gulf states, Chiradeep Ghosh, banking analyst at SICO Bahrain, said. But the United Arab Emirates central bank has ordered local …
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UAE central bank bars deals with Qatar-linked people, bodies on terrorism blacklist: state news agency
DUBAI The United Arab Emirates central bank has instructed local banks to stop dealing with 59 individuals and 12 entities with alleged links to Qatar and to freeze all their assets, the state news agency WAM reported on Friday. This came after Saudi …
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UAE to freeze accounts, financial holdings of terrorists, terror organisations
Banks and other financial institutions operating in the UAE have been instructed to search for and freeze any accounts or deposits or investments held by individuals or entities designated as terrorists or terrorist organisations stated on Thursday’s …
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Emaar to list UAE property business
June 9 (IFR) – Emaar Properties plans to offer up to 30% of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange since Emaar Malls 2-1/2 years ago. The IPO is the result of an internal review of …
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Dubai Plans Digital Passports Using Blockchain Tech
The Dubai government has partnered with UK startup ObjectTech … According to the startup, the system combines biometric verification and blockchain technology, and will use a “pre-approved and entirely digitized passport” to authorize passengers …
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What a solid property investment in Dubai looks like
I am about to purchase an investment property and would like to hear your opinion before going ahead. The property I am interested in buying is located in the Jumeirah Village Circle area of Dubai. It is a four-year-old, three-bedroom flat spread over …
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Qatar central bank asks for forex data as capital outflows pressure riyal
DUBAI/DOHA Qatar’s central bank has asked commercial banks to provide it with detailed information on foreign exchange trading, banking sources told Reuters on Thursday as Doha’s diplomatic rift with other Gulf states put its currency under pressure.
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