These indicators make Dubai an intuitive destination due to its geographical location and its advanced infrastructure, as well as the exceptional experience it offers to foreign investors and companies to enter markets and manage their business and …
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No decline in visitor numbers expected after Expo, says Dubai Tourism CEO
… visitors number in the immediate aftermath of Expo 2020 Dubai, according to Issam Kazem, the CEO of the Department of Tourism and Commerce Marketing (DCTM). In an interview with Arabian Business on the sidelines of the Arabian Travel Market, Kazem …
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Direct flights between Dubai and India’s diamond hub set to boost trade
Earlier, the rough diamond cutting and polishing business had moved from Antwerp to Surat, also India’s third cleanest city, and a few other places, due to cost considerations. Now, in the last three years, Dubai has become the second biggest market for …
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Dubai’s Careem reports data breach affecting millions of customers
Dubai-based ride hailing company Careem has suffered a major data breach that could have seen the personal data of millions of customers stolen, the company confirmed on Monday. In an email sent to customers, Careem said that “online criminals” gained …
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ADNOC sets up oil trading business
The new business will be part of ADNOC’s Marketing … Iraq’s state oil marketer SOMO has teamed up with Russia’s Lukoil in a venture in Dubai to trade crude. The venture might expand later into refined products and petrochemical trading.
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Abu Dhabi Hires Ex-HSBC Banker to Head New Oil Trading Unit
Abu Dhabi National Oil Co. hired Philippe Khoury, formerly an energy banker at HSBC Holdings Plc, to head up its new unit for trading crude oil and refined products. State-owned Adnoc is bolstering its capacity to buy and sell crude and fuels as it expands …
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UAE Exchange, Travelex owner prepares for London IPO
The holding company Finablr will be incorporated in Britain, subject to regulatory approval, and will become the umbrella for United Arab Emirates-based business tycoon Bavaguthu Raghuram Shetty’s financial service brands. Shetty, UAE Exchange’s …
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UAE’s Rotana eyes expansion in Saudi Arabia, Africa
UAE-based Rotana considers Africa one of its main priority target markets outside the emirates, alongside Saudi Arabia, according to Rotana CEO Omar Kaddouri. Speaking to Arabian Business at the Arabian Travel Market in Dubai, Kaddouri noted that the …
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France’s Accor to open two MGallery hotels in Dubai
MGallery Business Bay, adjacent to the upcoming Marasi development, will have 144 rooms and occupy the same building as a Mama Shelter hotel previously announced by Accor last April. Read: Accor brings Mama Shelter hotel brand to Dubai It will have four …
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DED Dubai and Free Zones council in pact to facilitate business for free zone entities
Dubai: The Department of Economic Development (DED) in Dubai has signed a memorandum of understanding (MoU) with the Dubai Free Zones (DFZ) Council to facilitate business operations for free zone based companies. The collaboration is driven by the shared …
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Boy, 7, drowns off Abu Dhabi beach
Abu Dhabi: A seven-year-old boy from the Gulf died after drowning in Abu Dhabi beach on Saturday evening, said police. The victim’s eight-year-old brother, who was also swimming at the beach, sustained moderate injuries and was treated at Al Rahba Hospital.
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Dubai Airports and Dubai Parks and Resorts Sign Exclusive Agreement to Feature the Theme Park Destination in DXB
DUBAI , United Arab Emirates–(BUSINESS WIRE)–Dubai Airports, operator of the world’s busiest international airport Dubai International, and DXB Entertainments PJSC (DFM:DXBE) owner of Dubai Parks and Resorts the Middle East’s largest integrated theme …
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Dubai SME to Support Women’s Summit Aimed at Steminism, Feminisation and Entrepreneurism
Dubai SME has been an official partner of the Summit since the inaugural edition along with the Dubai Business Women Council (DBWC), CEO Clubs Network, American Chamber of Commerce Abu Dhabi (AMCHAM Abu Dhabi) and Young Arab Leaders (YAL). Boeing keeps its …
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Dubai economy slows in 2017
This year Dubai’s government departments have been asked to propose a series of reforms designed to boost business confidence and economic growth. These include the rationalisation of government fees and a new mortgage law.
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Demand for business loans picked up as retail credit lagged in the first quarter
Dubai: Appetite for business loans has moderately increased across the board, with the exception of the Emirate of Abu Dhabi, according to the Credit Sentiment Survey of the Central Bank of UAE for the first quarter of 2018. The survey is a quarterly …
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Business Relationship Management – Functions (Managerial Role) – Corporate – Dubai Jobs
This person is responsible for building strategic business relationships, surfacing and shaping demands to realize value in alignment with the business strategies and within agreed timelines. The purpose of Business Relationship Manager is to evaluate …
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Aviation drives rise in Dubai’s real GDP to $105bn
In 2017, the number of visitors to Dubai reached almost 16 million, growing by 6 percent compared to 2016. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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