Within the span of month the UAE took two bold steps with the aim to develop a proper legislative and legal structure for the post-oil period. The first was to launch the Bankruptcy Law and the other was founding a Federal Tax Authority (FTA). The …
( read original story …)
Costa Rica offers to help UAE build Latin American trade
… prominent event like Dubai’s Expo 2020 could serve as a good opportunity to show to Latin American investors the UAE’s competitive advantages for doing business and perhaps even the possibilities of offering a gateway into the broader Arab region.”
( read original story …)
Talent shortage: UAE firms have trouble hiring skilled professionals
Dubai: Companies in the UAE are still having a hard time filling … Those in demand are ERP application and functional experts, project managers, business partners, sales directors and managers and IT security managers. Candidates seeking for these …
( read original story …)
12,229 vessels sailed into and out of the Dubai Creek in 2015: Dubai Customs
DUBAI: Nearly 12,229 vessels, including traditional wooden boats, modern vessels and cruise ships, sailed in and out of the Dubai Creek during 2015, the Dubai Customs reported on Monday. Dubai Customs are keen on holding regular meetings with stakeholders …
( read original story …)
Understanding nuances of the UAE’s Competition Law
As a result, the UAE Competition Law is now fully operational … established that an abuse of a dominant position may only occur if the market share of the business allegedly abusing its position exceeds 40 per cent. Anchoring the materiality threshold …
( read original story …)
16,000 jobs open in UAE in one year: LinkedIn
In terms of college degrees, civil engineering, business management and computer science are popular among undergraduates in the UAE. Among postgraduate students, the most popular ones are industrial engineering, business management and computer science.
( read original story …)
Dubai Investments wins ‘Best Enterprise’ award from Europe Business Assembly
Dubai Investments PJSC [DFM: DIC], the leading, diversified investment company listed on the Dubai Financial Market, has won the international ‘Best Enterprise’ award from Europe Business Assembly [EBA], an independent UK-based corporation promoting …
( read original story …)
Dubai adds partnerships to bring in more Chinese visitors
Dubai has stepped up its game to grab more Chinese visitors by partnering with major tourism and financial services companies while adding more Chinese employees to the roster at Dubai Duty Free. The emirate had more than 14.2 million overnight visitors …
( read original story …)
Dubai eyes China to boost relations
Shanghai: Dubai is organising a three-day event in Shanghai aimed at further strengthening relations in different business and cultural fields through deepening knowledge of the emirate’s mushrooming business environment and booming opportunities.
( read original story …)
Dubai: Where Business Meets Opulence
Thanks to its plush business districts, world class amenities and global accessibility, Dubai has emerged as one of the top financial centres of the world. With easy access and connectivity to the rest of the world, it has everything on offer to make for a …
( read original story …)
UAE Exchange to acquire remittances business Remit2India
Dubai: UAE Exchange, a remittance, foreign exchange and payment solutions company, has reached a deal to acquire the online remittance business Remit2India from TimesofMoney, India. The value of the transaction has not been disclosed. Founded in 2000 …
( read original story …)
UAE joins the club of top 10 improvers globally in ease of doing business
Dubai: The UAE ranked top among Arab countries in the World Bank’s ease of doing business report ‘Doing Business 2017: Equal Opportunity for All’. It also figures in the list of the world’s top 10 improvers, based on reforms undertaken. Others in …
( read original story …)
PICS: $11m makeover for Emirates' Dubai Business Class lounge
“One day when I’m big…”, “I hate you so much right now…” or “Amazing, a business class upgrade is my dream…” are but some of the comments you’ll most likely receive when you brag, yes brag about making a long-haul journey all deftly snuggled up in …
( read original story …)
Business confidence in UAE, rest of GCC hold up despite uncertainty
Dubai: Confidence of business owners in the UAE and the rest of the Gulf Cooperation Council (GCC) region is holding up despite the current challenging economic climate. A survey conducted among 196 business leaders in the GCC over the past six months …
( read original story …)
Dubai Tourism approves 1,805 holiday homes
Of those, 39 have been approved, enabling them to enter the market and join the 78 approved holiday home operators already doing business in Dubai. In order to obtain a license, homeowners must ensure their property meets the required quality, and health …
( read original story …)
Dubai’s Deyaar reports 22.5% increase in Q3 profit
Dubai property developer Deyaar has announced a 22.5 per cent increase in net profit in Q3 following a significant rise in revenues. Net profit for the three-month period totaled Dhs56.4m ($15.4m) and Dhs168m for the first nine months of the year. This …
( read original story …)
Emirates, Moet & Chandon open business class 'champagne lounge'
Emirates’ upgraded business class lounge at Dubai International Airport’s Concourse B now looks like an even better place to spend a few hours between flights. The airline colossus has partnered with Moët & Chandon to open a champagne lounge serving four …
( read original story …)