Dubai’s hospitality industry has remained fairly resilient … “I think it’s always important in the hotel business to look long term because short term volatility will always be there. This is where it is advantageous to be present in various …
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Dubai business conditions improve in May
Private sector business conditions in Dubai recorded robust improvement in May with output and new orders expanding, but the growth momentum eased to a seven-month low. Emirates NBD’s Economy Tracker Index, which tracks business confidence across the non …
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Dubai’s private sector growth eases to seven-month low
Business conditions in Dubai’s private non-oil sector slowed down, with growth easing to a seven-month low, according to the monthly index from Emirates NBD. Although output and new orders expanded, the seasonally adjusted Emirates NBD Dubai Economy …
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Dubai SME backs more than 23,000 entrepreneurs
More than 23,000 Emirati entrepreneurs have received business consultancy services from Dubai SME since its inception and the agency has also supported the launch of over 4,000 projects. Sami Al Qamzi Dubai SME has also been successful in securing nearly …
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Emirates offers special fare and free visa to Dubai
Emirates is offering Ghanaian travellers the opportunity to visit Dubai with a special Economy and Business Class return airfare that includes a free Visa, a free third piece of luggage of up to 23 kg and a “My Emirates Pass”. Under the special offer …
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Gulf firms struggle to keep Qatar business ties despite crisis
DUBAI/DOHA Banks and firms across Gulf Arab nations sought to keep business links to Qatar open and avoid a costly firesale of assets on Wednesday as a political freeze descended on the region. Many banks in Saudi Arabia, the United Arab Emirates and …
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Emaar to list UAE real estate development business in Dubai
Dubai developer Emaar has announced plans to list 30 per cent of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily distributed as dividends to Emaar’s shareholders …
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Rising output, new orders lift UAE business morale to 8-month high
The level of business confidence in the UAE climbed in May to its highest level since September 2016, with market pundits forecasting growth in output. Emirates NBD Future Output Index rose to its highest level since September 2016. “Many panellists are …
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Qatar row: The business gulf
while an estimated 231,000 Qatari visitors arrive in the UAE every year for business and holidays. The number of Emirati visitors to Qatar is more than 117,000. In the field of air transport, the number of flights operated by four UAE carriers and Qatar …
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4 UAE carriers suspend flights to, from Doha
Dubai: Emirates, Etihad Airways, flydubai and Air Arabia said on Monday they will suspend all flights to and from Doha starting June 6 until further notice after the UAE announced it was severing diplomatic ties with Qatar. The four main UAE-based carriers …
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Saudi and UAE banks suspend business with Qatari banks amid diplomatic crisis
Some commercial banks in Saudi Arabia and the United Arab Emirates have suspended business with Qatari banks as a result of a major diplomatic spat in the region, Reuters reported on Tuesday, citing banking sources. The sources said that lenders were …
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Dubai’s rich history expects 20 million tourists by 2020
DUBAI — Dubai’s Department of Tourism and Commerce Marketing aims to welcome 20 million tourists per year as part of its 2020 Vision. With the ultimate vision of positioning Dubai as the world’s most visited city, Dubai’s Department of Tourism and …
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Dubai’s Emirates to use BMW cars for business class chauffeur service
Dubai airline Emirates will now be using BMW cars for its chauffeur service for business class passengers in the UAE, it revealed on Tuesday. The new fleet, featuring BMW 520i Touring cars, is being rolled out from now until the end of the year, as the …
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UAE May non-oil business growth falls as output expansion slows
DUBAI – Business growth in the United Arab Emirates’ non-oil private sector fell to a six-month low in May as output growth slowed, a survey of companies showed on Monday. The seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index, which covers …
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UAE to hold first annual meeting for 2071 plan in September
The UAE Cabinet has announced it will hold an annual meeting every … coming period in order to prepare for the meeting in September, and to adopt a focussed business agenda that reflects the directives of His Highness Sheikh Mohammed bin Rashid …
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Dubai to undertake new beautification projects across the city
New beautification projects are set to be undertaken throughout Dubai as part of a new initiative by Brand Dubai – the creative arm of the Dubai Media Office – and developer Nakheel. The projects are part of Brand Dubai’s #DubaiSpeakstoYou …
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Brand Dubai, Nakheel partner for city beautification
Brand Dubai, the creative arm of the Government of Dubai Media Office, and master developer Nakheel have signed a Memorandum of Understanding (MoU) to collaborate on city beautification projects. The MoU will support Brand Dubai’s #DubaiSpeakstoYou …
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