Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar’s Emaar Malls. The value and terms of the agreement, which deal adviser Goldman Sachs called “the biggest-ever …
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Dubai Media City chief aims for a connection upgrade
Dubai: Dubai Media City intends to get right in the middle of connecting the media enterprises within the free zone to start talking to each other. “They are so good at communicating on behalf of their clients… but there’s not much of that happening …
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Emaar completes foundation of new tallest tower in Dubai
Dubai developer Emaar has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour, it announced on Monday. Launched in April last year, the $1bn mixed-use building will …
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Dubai Chamber event discusses bankruptcy law
At the event, Hamad Bu Amim, president and chief executive officer of the Dubai Chamber, said the law will also improve ease of doing business in the UAE, and is likely to boost business confidence. The UAE’s government late last year issued the …
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EMIRATES PRESIDENT: We don't know if the US laptop ban will hurt business — but here's how things went this weekend
Emirates has been expanding its business into the US for several years and now flies direct from Dubai to 11 cities in the country. “The US operation is becoming progressively more important. It’s about 11% to 12% of what we do at the moment — growing …
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Dubai Ruler’s Court settles 17-year-old business dispute
Dubai: The Dubai Ruler’s Court has given its final ruling in a 17-year-old case, ordering a business owner to pay his nephew Dh6.8 million for having denied the latter his claim to 25 per cent of profits as a partner in his business. The Expertise and …
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UAE SMEs optimistic on business growth in 2017
Business owners of small- and medium-sized enterprises in the UAE remain optimistic about their growth prospects this year, according to a survey conducted by Meed, a business intelligence service provider in the Middle East. Of the 138 SMEs that …
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Pakistan Business Council: Connecting trade barons in Dubai
The council has more than 3,000 business ventures and is an appropriate forum to showcase Pakistan’s trade talent in the UAE The potential for business and investment between Pakistan and the UAE is enormous. Both governments, as well as trade bodies, have …
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Dubai Duty Free expects $2-million sales hit from electronics ban
Dubai International Airport’s duty free operator estimates that it will lose about $2-million in sales this year from the ban on carrying most electronic devices on United States-bound flights, a senior executive said on Thursday. Under new security …
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Dubai-India business ties just got better
The Dubai Chamber of Commerce and Industry recently concluded a successful trade mission to India, which was organised to facilitate economic cooperation and explore trade and investment opportunities in the country. The trade mission, part of the Dubai …
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Dubai launches rule for conducting business on social media
The initiative will not only ensure transparency when conducting business on social media platforms, it will also protect consumers from fraud. In an attempt to regulate business activities on social media, Dubai has introduced an e-Trader initiative …
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Dubai launches ‘e-Trader’ to license business activities across social
Initiative will allow UAE nationals and GCC citizens to leverage social media for business growth Aimed to promote and facilitate doing business in Dubai, says Omar Bushahab 3,000 e-Trader licenses expected to be issued in 2017 The Business Registration …
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DED launches ‘e-Trader’ to license business activities across social networking accounts
The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, has launched ‘e-Trader,’ a first-of-its-kind initiative in the region, which will allow Emiratis and GCC citizens in Dubai to conduct business …
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The Top Five Challenges Of Doing Business In Dubai
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. When you’ve lived and worked in Dubai for as long as I have, you would be forgiven for becoming almost desensitized to the rapid acceleration of the city.
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UAE wants closer trade ties with Asia and Africa, says government official
The UAE wants to see free trade agreements between the Gulf Cooperation … “What we need to do is connect our business community with business communities in these countries.”
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Business Bay springs to life with Truckers DXB
Dubai Properties Group (DPG) latest waterfront destination, Marasi Business Bay, transformed itself into an eclectic foodie delight from March 9 – 11, in collaboration with the Dubai Food Festival. The destination hosted 20 food trucks curated by Truckers …
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Dubai’s private sector growth on track for strong first quarter
DUBAI: The Emirates NBD Dubai Economy Tracker Index (DET) February data signalled a further improvement in overall business conditions across Dubai’s private sector economy, supported by sharp rises in output and incoming new work. The latest index …
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