Dubai’s government is turning to blockchain technology to pave the way for foreign investments and businesses to come into the city-state Emirate. In an announcement on Tuesday, the city’s Department of Economic Development (DED) has unveiled a joint …
( read original story …)
Dubai gold retailers welcome VAT exemption amid declining trade
“One of the major tourist attractions of the UAE is the jewellery sector that generates billions of dollars in revenue every year, and by exempting tax, the benefits to the business and the overall economy are immense. “I hope that the UAE government …
( read original story …)
UAE’s private sector records growth gains in April
Dubai: The UAE’s non-oil private sector turned in an improved set of numbers for April, including gains on output and in generating new business leads. The backlog of works — another key indicator — is rising at the fastest rate in 32 months …
( read original story …)
UAE sees non-oil sector conditions improve in April
The UAE non-oil private sector saw an upturn in April as output, new business and employment improved, according to Emirates NBD. The bank’s purchasing managers’ index, produced by IHS Markit, rose to 55.1 from 54.8 the previous month as business …
( read original story …)
Dubai’s DED launches blockchain-based commercial business registry
Dubai’s Department of Economic Development [DED] and the Dubai Silicon Oasis Authority [DSOA] have launched the “Dubai Blockchain Business Registry Project” to store and update company registration information issued by DED and local free-zone …
( read original story …)
Business confidence rises in Dubai in Q1, survey shows
Business confidence in Dubai has risen over the first quarter of 2018 and Q4 2017 as local businesses anticipate better revenues, sales volumes, orders and profits, according to a survey conducted by the Department of Economic Development (DED). According …
( read original story …)
69% of adult population in UAE have ‘good’ jobs
emphasizing the need for local business leaders to focus on workplace engagement.” According to Vijay Gandhi, regional director EMEA – products group at Korn Ferry Hay Group, the employment landscape in UAE is indeed showing signs of improvement and …
( read original story …)
Abu Dhabi’s cleaners receive gifts and certificates
It is the first time I am getting an honour like this,” Ziaur Rahman, 31, a Bangladeshi supervisor at a cleaning facility, told Gulf News. He was among more than 100 cleaners who were honoured by the Centre of Waste Management – Abu Dhabi (Tadweer …
( read original story …)
UAE, Japan sign investment protection treaty to bolster ties
UAE Business Forum in Abu Dhabi. According to the Ministry of Finance’s website, the UAE has signed 58 agreements for the protection and promotion of investments with 25 per cent of the countries in the world, including most of the UAE’s trading …
( read original story …)
Sharjah Police arrest gang selling fake antique gold coins
Sharjah: Sharjah Police have arrested a two-member gang for cheating several people by selling counterfeit gold coins. Police said the two Asian men were arrested after receiving several complaints from their victims. Sharjah Police carried out a sting …
( read original story …)
Revealed: 25 best workplaces in UAE
Dubai: The best companies to work for don’t get their staff deliver results by putting them under pressure, they keep them happy and inspired. And they do it not by giving free drinks, bus rides, cakes and donuts. Instead, they create a culture in which …
( read original story …)
Port Operator DP World Now Firmly in Hyperloop Business
DUBAI, United Arab Emirates (AP … Virgin Hyperloop One in total has raised some $276 million in funding rounds, according to the business information website crunchbase.com. Follow Jon Gambrell on Twitter at www.twitter.com/jongambrellap
( read original story …)
Dubai Startup Hub promotes entrepreneurship among youth
recently hosted a series of workshops during the Tawteen 360 Student Forum in Dubai, which aimed to promote entrepreneurship among business-minded youth and showcase the opportunities it provides to its members and the entrepreneurial community in Dubai.
( read original story …)
Business Confidence in Dubai Continues to Rise, Survey Shows
The latest business confidence survey conducted by the Department of Economic Development (DED) shows that economic conditions during the first quarter of 2018 (January-March) have improved over the same quarter of last year, and also over Q4 2017.
( read original story …)
Richard Branson unveils new Dubai hyperloop venture to move freight at 760mph
Sir Richard Branson is teaming up with Dubai port operator DP world to enter the hyperloop business and move cargo at a top speed of 760mph. The cargo system, which is being designed alongside a possible passenger service by Virgin Hyperloop One …
( read original story …)
Dubai Economic Outlook
Economic conditions in Dubai during Q1 2018 have improved over Q1 and Q4, 2017, according to a business confidence survey conducted by the Department of Economic Development (DED), Dubai. The survey indicates that the Composite Business Confidence Index …
( read original story …)
Dubai Among World’s Top 3 Model Smart Cities
preparing the market ecosystem and the business community to the future smart economy, creating a holistic regulatory framework towards sustainable acceleration, etc.” Today, Dubai is not the smartest city in the world, but with the work conducted by all …
( read original story …)