Traditionally banks in the UAE have opted to write off a business that fails to meet its obligations, as there was little recourse in the first place for distressed businesses to restructure. For these financial institutions, the legislation should boost …
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Enabling Innovation: TECOM Business Parks CEO Malek Sultan Al Malek
And what a trip it has been: TECOM Business Parks has grown to encompass today the region’s most prominent business hubs like Dubai Internet City, Dubai Media City, Dubai Knowledge Park and Dubai Science Park, and its pace of progress is showing no sign …
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UAE’s big-ticket infrastructure spend paying off
Constantly topping up a city’s infrastructure is smart business — China and the US lead the way in generating the most out their built-assets, while Saudi Arabia and the UAE are placed 22nd and 24th respectively. This is based on the latest findings by …
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Emirates Islamic Business Village Branch
Emirates Islamic in Dubai UAE – Emirates Islamic Business Village Branch Contact Details, Telephone Numbers, Website, Address, Location Map, Direction, Photos, Videos, Opening Hours, Email Address, Sale Promotions, Offers & Deals. Emirates Islamic …
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UAE remittances spike on strong dollar
Dubai: Money outflows from the UAE to some Asian countries have increased over the last few days on the back of a strong US dollar. Transactions are also expected to rise further as expatriates have increasing number of reasons to repatriate funds, with …
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Revealed: Top 10 companies in the UAE in 2016
Dubai’s image as the financial hub and business friendly environment in the region and possible consolidation in the banking sector have all bolstered investor confidence. Market capitalisation: $5.61bn
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UN chief praises UAE for launching World Green Economy Organisation
Dubai: Ban Ki-moon, Secretary-General of the United Nations, praised the UAE for being the first member to join the World Green Economy Organisation (WGEO). He also commended the insightful vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice …
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Audit & Assurance Dubai by Excellence Auditing & Business Consultant
Audit & Assurance Dubai by Excellence Auditing & Business Consultant – Auditing is a systematic and independent examination of books, accounts, documents and vouchers of an organization to ascertain how far the financial statements present a true and …
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UAE seeks stronger trade, economic ties with Mexico: minister
However, Mexico’s increasing food and agricultural exports represent another area with the potential to help open good opportunities for business and investment between the UAE and Latin America, according to Al Mansouri, who noted that in the UAE …
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Why UAE firms hiring expats need to be careful
The UAE, and Dubai in particular, has proved through its thriving business environment the value of hiring talented individuals from abroad, but with many local organisations moderating their recruitment drive in the midst of an economic downturn …
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Dubai Dialogue discusses practical strategies to drive sustainable change
The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business organised the Dubai Dialogue – Realigning Business Models & Strategies to Achieve Sustainable Development, at the Westin, Al Habtoor City on Tuesday. It was attended by a …
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UAE shoppers want bucks for their information
Duba: More UAE shoppers no longer believe in giving away their details for free – these days they are quite likely to insist on getting something in return from retailers in return. The “value” of such data exchanges could be worth anywhere from Dh50 …
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UAE hotel occupancy rates continue to slide
Dubai: By any measure, there aren’t enough tourists to fill all the hotel rooms in the UAE. The latest data released by research firm STR showed that due to a slow influx of holidaymakers, coupled with a huge supply of new hotels, occupancy numbers, as …
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Dubai firm says not part of Amaya deal; files SEC complaint
Dubai-based investment firm KBC Aldini Capital Ltd. has “no involvement” whatsoever in the proposed multibillion dollar privatization deal for Canadian online gambling company Amaya Inc. and has filed a complaint with U.S. regulators, says its top …
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Trump overseas business interests subject to new scrutiny
Those business interests have ranged from beverage sales in Israel to golf course developments in the UAE. Although the location of some of Trump’s foreign business deals could overlap with future foreign policy decisions, many of Trump’s foreign business …
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Dubai real estate prices to 'keep falling'
Dubai: Real estate prices in Dubai will continue declining in 2017, with a recovery only starting late next year, says property consultancy Cluttons. Home values in the emirate dropped 7.4% on an annual basis at the end of the third quarter and will …
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Dubai climbs innovation index rankings
… on Monday by the Dubai Chamber of Commerce and Industry and PricewaterhouseCoopers shows Dubai improving its ranking from 16 to 15 while outperforming business hubs such as Madrid, Milan, Shanghai and Moscow. New York secured the top position in the …
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