Arabian Business Podcast: What next for the Gulf’s tourism industry? The plan follows the signing of a partnership agreement between Dubai-based Meraas and Carnival Corporation that aims to transform Dubai into a major regional maritime tourism hub.
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Dubai a Preferred Choice for Global Retailers
Buamim said Dubai has right fundamentals in place. “We have had challenges therefore we relaunched retail business group to work together to voice their common issues. We are trying to keep Dubai competitive by keeping international businesses here and …
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Honor Launches Honor 10 in the UAE
Honor has launched its flagship smartphone, the Honor 10, in the UAE. The device is built keeping in mind the concept of “Beauty in AI”, to which end it uses AI 2.0 technology with its dual-lens camera for AI-enhanced photos. The device also seeks to push …
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United Arab Emirates and the United States conclude civil aviation discussions
Today’s announcement confirms business as usual by validating all of the rights and … agreement including fifth freedom rights remain fully in place, with the UAE and United States airlines free to continue to add and adjust routes and services”, Yousef …
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Dubai Police to add autonomous vehicles to its fleet
chairman of the board of Acacus Group told local newspaper Gulf News that: “We are proud to contribute in making Dubai the global hub of technological innovation.” Dubai Police are the latest to add the autonomous means of travel to their portfolio that …
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Dubai’s Nakheel says to issue PALM360 construction tender in Q3
Nakheel is calling for piling and enabling works proposals for PALM360, its iconic, two-tower luxury hotel and residential project on Dubai’s Palm Jumeirah. The news comes as Nakheel assesses ground work preparation bids for the PALM360 site, following a …
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Yemen PM: Crisis over UAE deployment to Socotra over
The resolution of the weeks-long dispute came a day after Saudi Arabia deployed troops to the strategic island and signed a deal with the UAE to return the island’s sea and airports to Yemeni forces, according to state-run Saba news agency. The crisis over …
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Dubai honours Arab Hope Makers, winners bring home Dh1 million each
Dubai: Mahmood Waheed, who runs a charity that helps homeless elderly in Egypt, was declared the winner of this year’s Arab Hope Makers, the largest Arab initiative dedicated to celebrating philanthropic efforts. Mahmood Waheed, winner of the Arab Hope …
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Business Heads to Dubai
The Dubai Department of Economic Development, DED, has issued 1,848 new business licenses during April 2018 as the emirate remained a destination of choice for investment in diverse business sectors. The ‘Business Map’ digital platform of DED saw …
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UAE second safest country to live in the world
Dubai: The fact that 96.8 per cent of the people feel it is safe and secure to walk out at night in the UAE, has ranked the country as the world’s second safest place, officials said on Monday. Lt General Dahi Khalfan Tamim, Deputy Chairman of Police and …
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Abu Dhabi commits billions to expand its refining capacity
“Given the projected increase in demand for petrochemicals and higher value refined products, we are repositioning ADNOC to become a leading global downstream player,” Ahmed al-Jaber, the CEO of the Abu Dhabi National Oil Co. and the Emirati minister of …
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Abu Dhabi’s Adnoc Is in Talks With Baker Hughes About Drilling Partnership
Baker Hughes, a GE Co., is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter.
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Revealed: The most dangerous day to drive in UAE
Dubai: Regardless of whether residents fast during Ramadan or not, motorists should always drive with caution and adhere to traffic rules at all times. A new survey released on Monday identified the driving habits of UAE drivers during Ramadan, and …
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Dubai tops Arab world in economic performance, study finds
The Dubai Competiveness 2018 report compared the emirates with 63 economies around the world based on 346 different competitiveness indicators. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai …
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Hundreds stuck in UAE traffic as dusty weather continues; flights back to normal
Dubai: Hundreds of commuters and motorists were stuck in major traffic jams during the morning rush hours on Monday as the UAE’s dusty weather continued, but flights operating in and out of Dubai have returned to normal. Residents experienced some …
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Yemen, UAE reportedly reach deal over island
to withdraw the UAE forces from the strategic Socotra Island, according to Yemen’s official Saba news agency. Tensions have mounted between Yemen and the UAE in recent days, when the latter sent a military force to Socotra without prior coordination with …
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UAE’s Dana Gas agrees with creditors on $700 mln sukuk restructuring
DUBAI: Energy producer Dana Gas reached agreement with creditors … Its shares jumped 4.8 percent in early trade on Sunday in response to news of the deal, which it said could cut its debt by up to $385 million.
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