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Tag: business

Posted on 06/11/2018

Revealed: the importance of China to UAE businesses

HSBC’s first Navigator: Made for China survey said that nearly half of UAE businesses already doing business with China plan to grow sales there in the next three to five years. A further 10 percent o…
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Posted on 06/11/2018

Cvent Continues Global Expansion with Opening of First Office in Dubai

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Cvent, a market leader in meetings, events and hospitality technology, today announced the opening of its first office in the Middle East. Located in the …
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Posted on 06/11/2018

Dubai moves yield positive results

… the Dubai economy and have responded positively to the economic initiatives launched by the Dubai government this year to reduce the cost of doing business and facilitate inward investment in the …
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Posted on 05/11/2018

Abu Dhabi National Oil Company Announces $132 Billion CAPEX Program, Integrated Gas Strategy and an Increase in Oil Production

ABU DHABI, United Arab Emirates — The Abu Dhabi National Oil Company’s (ADNOC) announced, today, its plans to launch a new integrated gas strategy and increase its oil production capacity to 4 …
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Posted on 05/11/2018

Andaz Capital Gate Abu Dhabi Opens Doors in the Middle East

View the full release here: https://www.businesswire.com/news/home/20181104005006/en/ “As we weave in the sights, sounds and tastes of the local Abu Dhabi culture, the opening of Andaz Capital …
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Posted on 05/11/2018

UAE non-oil private sector growth eases in October but new business up

The UAE’s non-oil private sector economy continued to expand in October, though at a slower rate than the previous month due to a drop in output growth, according to the latest survey from Emirates NB…
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Posted on 05/11/2018

UAE law allowing 100% foreign ownership now in force

Read: UAE law allowing 100% foreign ownership to … in respect of the type of legal entity which may carry on business in the relevant sector Apply minimum capital requirements Impose …
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Posted on 05/11/2018

Record business optimism levels lift UAE economy

Business optimism in the UAE rose to a record high in October prompted by a surge in oil prices as well as announcements of increased government spending and Expo 2020 investment, a survey by Dubai’s …
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Posted on 05/11/2018

UAE Secures 11th Spot on World Bank’s Doing Business Rankings

The UAE moved up 10 spots to 11th overall this year in the World Bank’s global Ease of Doing Business rankings, creating a world-class business-friendly environment and enabling the country to vie wit…
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Posted on 05/11/2018

UAE employees can expect a 4.8 per cent pay rise next year

The reforms, along with a wider digital technology adoption, has left UAE business leaders feeling more confident about their companies’ prospects for next year, as growth in the economy drives demand …
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Posted on 05/11/2018

UAE to pump Dh486B into Adnoc

The UAE will pump Dh486 billion to ramp up its oil production … It also announced new discoveries of one billion barrels of oil in place and approved Adnoc’s new five-year business plan and capital …
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Posted on 04/11/2018

Dubai Customs Organizes Workshop on Blockchain Technology in Customs Business

Business Innovation Department in Dubai Customs organized a workshop for the employees on the blockchain technology in customs field. Renowned American blockchain expert Chris Benet, an influencer in …
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Posted on 03/11/2018

UAE’s business regulations get global recognition in latest report

The UAE’s ranking in the Doing Business 2019 report, an objective measure of business regulations and their enforcement put out annually by the World Bank, speaks volumes about the efforts of …
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Posted on 03/11/2018

Dubai issues nearly 14,000 new business licences so far in 2018

The Business Registration and Licensing sector of the Department of Economic Development, Dubai issued 13,825 new licences in the first nine months of 2018. The Business Registration and Licensing sec…
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Posted on 02/11/2018

UAE jumps 10 places in World Bank’s ease of doing business list

The UAE climbed 10 spots to 11th place in the World Bank’s annual ease of doing business ranking, following a package of reforms in the past year that boosted the country’s economic competitiveness. “ …
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Posted on 02/11/2018

Dubai ruler hails UAE’s emergence as global business hub

Sheikh Mohammed said significant efforts had been made by the UAE Federal Government, and other local departments, to create a “world-class business-friendly environment”. Sheikh Mohammed bin Rashid A…
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Posted on 02/11/2018

How the UAE, Saudi Arabia are planning a 5G revolution

Expo 2020 Dubai has already signed up to be Etisalat’s first major … the conceptualisation of new use cases and business models, and the integration or migration of IoT technologies. Next year “will …
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