Steen Jakobsen, director, Dubai Business Events, said: “Dubai’s business events industry has undoubtedly grown over the past decade, and we are very proud that the city is being regarded as one of the top 10 international meetings destinations by UIA …
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UAE Central Bank announces raise of interest rates applied to Certificates of Deposits issuance
The Central Bank of the UAE has announced that as of Thursday, June 15, 2017, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on the US Dollar, following the Federal Reserve …
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Dubai’s Emirates fined and barred from route expansion in China
China has fined Dubai carrier Emirates $4,270 and barred it from expanding its operations in the country for six months for violating air safety rules. The move is related to two incidents on April 17 and May 18 and comes amid a crackdown by the Civil …
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Dubai’s Emirates considers equipping staff with AR goggles to improve service
Dubai carrier Emirates is reportedly considering new initiatives including equipping staff with augmented reality goggles or glasses to provide more personalised service. Bloomberg cited Emirates chief digital officer Christoph Mueller as confirming that …
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Dh31 million Emirates Hills villa in Dubai comes with an aquarium
The weaker property market that Dubai has experienced over the past couple of years may not have worked in everyone’s favour. But for those in the market for the most exclusive homes, it does mean there are some very good deals to take advantage of.
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Retiring in the UAE: A guide on how to live and work here past the retirement age
These include: Business investment visas A foreign national is eligible for an investor visa in the UAE if they incorporate their own business or invest in one; this allows retirees to either relax in their golden years or continue working during retirement.
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Philippine Airlines reintroduces business class on flights to Dubai
Philippine Airlines (PAL) has relaunched its business class service on flights to Dubai after a 50 per cent jump in passenger traffic to the UAE in the three months to the end of June. PAL took over the Manila to Dubai route from its low-cost cousin, PAL …
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UAE says ‘no military component’ to actions against Qatar
The United Arab Emirates’ ambassador to the United States said on Tuesday there was no military aspect to steps taken by Arab powers against Qatar, which they accuse of supporting terrorism, but that further economic pressure could be applied.
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UAE Business Leaders, Almost Half Of All Your Employees Expect Pay Hikes In 2017
Close to 50% workers said they did not get a salary hike during 2016, according to 2017 Bayt.com Middle East and North Africa Salary Survey. More than half of workers in the UAE expect an increase in their pay packet this year, according to a survey.
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Dubai Properties breaks ground on Dubai’s newest marina
Launched by Dubai Holding and Dubai Properties Group in May 2016, the Dh1 billion mixed-use Marasi Business Bay is well on track to becoming the city’s most sought-after waterfront destination. Dubai Properties, a leading Dubai-based real estate master …
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UAE will reportedly not deport Qataris married to Emirati nationals
DUBAI (Reuters) – The United Arab Emirates will not deport Qataris who are married to Emirati nationals, Abu Dhabi-based newspaper The National reported on Monday, a week after severing ties with Doha and giving Qataris 14 days to leave. In the worst Gulf …
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UAE President orders early payment of salaries for Eid
Muslims offer Eid al-Fitr prayers outside Al Noor Mosque on July 17, 2015 in Sharjah. UAE Vice President, Prime Minister and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum has ordered the early payment of government salaries under the directives …
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UAE among top 12 countries for FDI
The UAE boasts a stable investment-conducive and business-friendly environment supported by resilient infrastructure and robust legislation that woo investors from all over the world, the minister stressed. With regards to UAE investments aboard …
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FCA to provide inspection gear to Dubai Customs
The UAE Federal Customs Authority (FCA) and Dubai Customs have signed an agreement for delivery of inspection devices to Dubai Customs in its quest to implement the latest and best inspection and control standards. The memorandum of understanding (MoU …
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Market analysis: UAE pension landscape shows promise
The UAE and wider GCC’s pension landscape is, ultimately, a nascent one. Its youthfulness gives it room for improvement, but it shows a great deal of promise. In a period of low oil prices and slower fiscal growth in the region, the subject of pension …
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Gulf crisis threatens Qatar Airways transit business: experts
Along with its Gulf peers – Dubai’s Emirates Airlines and Abu Dhabi’s Etihad — Qatar’s national carrier has captured a sizable portion of transit travel, capitalising on the Gulf’s central geographic location. But political differences between Qatar and …
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Dubai taxi hailing app Careem expands into Palestine
Dubai-based taxi hailing app Careem has announced its expansion into Palestine. The company said the launch was designed to support Palestine’s tech ecosystem and alleviate local transport issues. Operations will begin in Ramallah from June 15 with plans …
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