The Indian Business & Professional Council (IBPC) in Dubai recently hosted a meeting in cooperation with Dubai Chamber of Commerce and Industry which commemorated the Year of Zayed and highlighted the Council’s efforts to strengthen UAE-India economic …
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UAE, Lithuania set to boost trade, investment
Speaking to a visiting UAE business delegation led by the Dubai Chamber of Commerce and Industry in Vilnius, he said Lithuania plans to expand infrastructure at its airports and ports. “Lithuania is ripe with investment opportunities, especially within the …
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Dubai’s TECOM hosts 5,600 firms after 2017 growth
TECOM Group, a member of Dubai Holding, said it attracted nearly 500 new companies during 2017 across its 11 business parks in the emirate TECOM Group, which emcompasses Dubai Internet City, Dubai Outsource City, Dubai Media City, Dubai Studio City …
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Lithuanian Prime Minister highlights prospects for expanding cooperation with UAE
As an attractive destination for ease-of-doing business, Lithuania offers customised and flexible solutions for UAE businesses and investors, H.E. Skvernelis pointed out, adding that the country is witnessing stable economic growth. In addition …
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Dubai Chamber plans retail rent index
Dubai Chamber of Commerce and Industry (DCCI) is reportedly developing the city’s first-ever retail rent index to improve transparency. The announcement comes after Dubai was recently ranked the most important global shopping destination in an annual …
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UAE declares Ramadan start date
The UAE’s moon sighting commitee has announced that Thursday, May 17 will be the first day of Ramadan. Abu Dhabi Judicial Department officials met after prayers on Tuesday to sight the holy month’s moon crescent under orders from the minister of justice.
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Feast or famine: Will UAE businesses go slow as Muslims fast this Ramadan?
said that cooperatives and supermarkets outlets in the UAE are expected to reduce the prices between 25-50%. Some products will also be sold at cost price during the holy month. Hadi Khatib is a business editor with more than 15 years’ experience …
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No freeze on ‘fifth freedom’ flights in US-UAE agreement, officials say
The agreement between the US and UAE regarding civil aviation confirms “business as usual” and allows Emirates to continue to operate “Fifth Freedom” routes to the US that do not originate in Dubai, despite claims to the contrary, according to …
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Dubai Tourism announces tie-up with China’s Tencent
Dubai: Dubai’s tourism authority announced on Tuesday a new agreement with Chinese internet giant Tencent, during a trip this week to the country. The agreement seeks to promote Dubai as a preferred destination for Chinese travellers. According to a …
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UAE to refund VAT for conferences, events companies
The UAE Cabinet has decided to refund a 5 per cent value added tax for institutions working in the exhibitions and conferences sector. Facilities involved with organising events have the right to refund the tax levied of providing these services …
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Huawei and Dubai Tourism Sign Global Strategic Partnership
The global strategic partnership agreement will further strengthen Huawei’s commitment to promote Dubai as a business and travel destination across the globe through Huawei Mobile Services Huawei has signed a Global Strategic Partnership agreement with …
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Dubai’s Emirates to begin Ramadan menu
Dubai carrier Emirates is set to begin its special Ramadan … The boxes, which can be taken away by customers, will be available to passengers across economy, business and first class on select flights coinciding with iftar times. Read: Ramadan FAQ …
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Dubai ‘open to allowing 100% foreign ownership’ of retail brands
president and CEO Dubai Chamber of Commerce and Industry. Speaking at the launch of the CBRE’s ‘How Global is the Business of Retail?’ report, Buamim said: “Having a local partner brings great benefits but some brands don’t feel they need a …
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ABN Amro to close Dubai office amid thin business for Dutch lender
The Dutch bank ABN Amro is winding down its operations in Dubai and will transfer some of its existing clients in international commodities business to Amsterdam. “The activities in Dubai will be wound down or transferred to other locations because of …
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Revealed: Dubai’s new plan to become global cruise tourism hub
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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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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