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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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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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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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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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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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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UAE gold demand set to rebound on VAT refund
issacjohn@khaleejtimes.com Associate Business Editor of Khaleej Times, is a well-connected Indian journalist and an economic and financial commentator. He has been in the UAE’s mainstream journalism f…
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UAE’s credit growth gains on government and corporate demand
Dubai: Gross credit growth strengthened to … banks’ Credit Sentiment Survey there was an increase in demand for business loans across all emirates in the third quarter of 2018, though …
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One-month partial closure of Sharjah Corniche Road
Dubai: Road authorities in Sharjah cautioned motorists over road works taking place along the Buhairah Corniche and nearby areas. The Roads and Transport Authority (RTA) in Sharjah announced that …
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Abu Dhabi Said in Talks to Create Two Banks in Three-Way Merger
(Bloomberg) — Abu Dhabi’s merger of three state-linked banks is set to create two new lenders, according to people with knowledge of the matter. Under plans being discussed, Abu Dhabi Commercial Bank …
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UAE’s business optimism surges on improving economic fundamentals
Dubai: The vast majority of businesses in the UAE are optimistic on their outlook for the next one year thanks to the improving macro-economic environment of the country and the region, according …
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UAE rises 10 places to 11th in World Bank’s 2019 ease of doing business report
Dubai: The UAE jumped 10 places in the World Bank’s Ease of Doing Business ranking to 11th position globally in 2019 from 21st position last year to lead the Arab world for the sixth consecutive …
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How are US sanctions affecting Iran? This Dubai hotel has the answer
“The community has become smaller and trade with Iran has dropped,” said Hossein Asrar Haghighi, a founder of Dubai’s Iranian Business Council. Members left for Turkey, Georgia, Armenia, even Malaysia …
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UK ambassador says UAE is open for ‘enhanced’ post-Brexit relations
But HE Sulaiman Almazroui himself, the UAE ambassador to the UK, is remarkably down-to-earth and straight talking. “Are these just business questions? Oh, that should be easy,” he says, giving the imp…
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Emirates introduces biometric systems at Dubai airport
The airline’s “biometric path” will cover departures, arrivals, transit, chauffeur drive connections, and lounge access in Dubai. Initially focused on First and Business class travellers, Emirates int…
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Most female bosses say confident of UAE company growth
Clare McColl, partner and head of indirect tax at KPMG Lower Gulf, said: “Our first ever UAE Female Leaders Outlook survey offers compelling insights into how women in leadership positions view the co…
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New UAE FDI law comes into force
The game-changing UAE investment law, which is expected to change nation’s business landscape by attracting increased foreign direct investments, has come into effect. The President, His Highness Shei…
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