… role of Dubai, and the UAE in general, in facilitating global trade and channeling investment into potential markets were highlighted at a meeting at The House of Commons in London recently, which was organized by the Diplomat Business Club with the …
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Dubai one of world’s most visited cities: Euromonitor
Dubai: Dubai attracted more than 14 million visitors in one year, making the city one of the most visited destinations in the world, according to the latest data released by Euromonitor International. The market research firm, which ranks cities according …
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Five Issues UAE Businesses Need To Be Prepared For In 2017
As we enter 2017, there are a number of issues that owners of UAE businesses of all sizes and across all sectors will face. In this article, I will highlight the areas we, as a business ourselves, feel will be hot topic items in 2017, and the biggest …
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Dubai FDI promotes investment opportunities at the House of Commons
The role of Dubai, and the UAE in general, in facilitating global trade and channeling investment into potential markets were highlighted at a meeting at The House of Commons in London recently, which was organised by the Diplomat Business Club with the …
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DED allies with International Live Events Association to strengthen business community engagement
The MOU is part of the efforts to involve the business community groups to support the growth of strategic economic sectors, in line with the mandate of DED. The main objective of the BCE initiative is to add value to Dubai’s economy by activating more …
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Economy class passengers can now buy their way into Emirates' luxurious first class and business lounges for as little as $130
The airline are now giving members of its loyalty programme and their guests access to its luxury lounges at Dubai International Airport. The business lounge features a health hub, an exclusive first-of-its-kind Moët & Chandon champagne lounge as …
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Revealed: Top recipient of UAE remittances
repeat business and a very strong network of agent partners across all our core markets.” The company predicted that remittances will continue to grow this year. According to the World Bank data, the UAE is the third-largest outward remittance market in …
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What will Virgin Mobile’s entry mean for the UAE telecom market?
Speaking to reporters, Sultan asserted that the launch of Virgin Mobile is “fully compliant with the current regulatory framework” in the UAE. “Nothing prevents us from launching another brand within our business,” he said. According to IDC …
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PMI shows UAE non-oil business growth at six-month high in January
The UAE’s non-oil business activity rose to a six-month high last month, thanks to a rise in new orders, higher output and improved demand from overseas, according to the latest data from Emirates NBD. The Emirates NBD/IHS Markit purchasing managers …
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Dubai Chamber launches second smartpreneur competition
He said that the competition is open to all entrepreneurs based in the UAE whose entries will be critiqued by a high-level judging panel. Participants are required to submit their business ideas in line with the Smart Dubai dimensions that include smart …
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UAE approves new visa scheme to attract ‘talented’ professionals
The UAE cabinet has approved a new entry visa scheme to attract qualified and talented professionals to the country, it was revealed on Sunday. UAE Vice President, Prime Minister and Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum called for …
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UAE to gain momentum in H2
“The stable political and security climate of the UAE helps it stands out in the region. The country’s business climate, already the most favourable in this region, is improving further,” said Falcioni. The much anticipated passing of the new UAE …
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UAE shoppers go easy on gold jewellery
Dubai: The warning signs are flaring red for UAE’s jewellery retailers, 2016 saw overall volumes at 43 tonnes, down 16 per cent on 2015’s tally of 51.4 tonnes. This is also the first time that annual jewellery sales dropped below 50 tonnes since 2010, the …
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Video: Snow in UAE, heavy winds topple crane in Dubai
The Dubai Roads and Transport Authority (RTA) also briefly suspended Dubai Metro service between Jafiliyah and Business Bay Stations “as a safety precaution” due to the falling debris on the metro tracks from the crane accident. Authorities urged …
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Dubai to produce report on real estate prospects
Dubai Land Department (DLD) has signed a Memorandum of Understanding (MoU) with Dubai Economic Council (DEC), to collaboratively prepare a detailed annual report on the prospects for the real estate sector in Dubai. The MoU for the report entitled “The …
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Dubai Aims to Become a FinTech Hub
Source: AFP, Yonhap News] By AsiaToday reporter Jina Koh – Dubai has joined the global battle to become a FinTech hub. With decades of growth, the city has developed its infrastructure to become a key business center and is now placing its focus on FinTech …
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Future-oriented strategy boosts business confidence in Dubai
Survey indicates 2017 budget, Expo 2020 and Dubai Plan 2021 fuelling expectations Business Confidence Index at 120 points in Q4, 2016; compared to 116.1 in Q4, 2015 Survey results from the latest quarterly Business Confidence Index (BCI) of the Department …
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