The 3.2km waterway stretches through key areas including Business Bay, Safa Park, Al Wasl Road, Jumeirah 2, Jumeirah Road The Dsh2.7bn Dubai Water Canal will be officially inaugurated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President …
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UAE to have new framework for public-private partnerships
The documentation will be used instead of drafting a new PPP law The United Arab Emirates will prepare documentation to govern public-private partnerships (PPPs) by the end of 2016 as it encourages more private sector participation in infrastructure …
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31 incredible photos of Dubai from above
Dubai spares no expense when making its cityscape the most jaw-dropping in the world. In the 2000s, the emirate dropped nearly $600 billion into constructing the world’s tallest tower, biggest man-made island, and most luxurious hotel, among other …
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Dubai business conditions improve, but growth slow
Business conditions improved in Dubai in October, but growth momentum eased to a six-month low during the month, according to the Emirates NBD Dubai Economy Tracker Index. The October data signalled a further improvement in business conditions across Dubai …
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Dubai gears up for $735m water canal opening
Dubai Water Canal, a 3.2 km-long tourist landmark development offering a new lifestyle pattern in the heart of the city, on Wednesday (November 9). The Canal passes across the Business Bay to Safa Park, Al Wasl Road, Jumeirah 2, Jumeirah Road and continues …
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UAE business climate is perfect for start-ups
With the UAE having just celebrated Flag Day, which coincides with the anniversary of the UAE President, His Highness Shaikh Khalifa bin Zayed Al Nahyan’s assumption to office as leader of the country, I thought it would be worth spending this week’s …
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Some UAE expats turn away from dollar on US poll jitters
Dubai: The looming presidential elections in the United States (US) is causing anxiety within the investment community, with many fearing that a victory for Donald Trump could spell trouble for the financial markets. One of the things people worry about is …
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UAE markets hold steady
Dubai: The Dubai Financial Market General Index (DFMGI) weakened by 19.96 or 0.60 per cent last week to close at 3,298.43. Market breadth was mixed with 15 advancing issues against 19 declining, while volume slightly exceeded the prior week’s high …
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Dubai eyes stronger business ties with Argentina
Argentina’s vice president, Gabriela Michetti, on Thursday urged UAE investors to enhance economic and investment cooperation between the two countries and to benefit from the various attractive investment opportunities offered by Argentina to overseas …
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Dubai testing drone detectors after several airport incursions
Operations at Dubai’s main airport were halted for an hour on October 29 Dubai is testing out ways to detect and track drones after a series of high-profile incursions upset flights at one of the world’s busiest airports, the airport operator’s top …
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UAE’s private sector growth momentum slips in October
Dubai: Momentum seems to have slipped further in the UAE’s non-oil private sector during October – so much so that business conditions showed the least improvement in six months. Staffing levels remain “near stagnation”, according to an economy …
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UAE’s tax regime: The need of the hour
Within the span of month the UAE took two bold steps with the aim to develop a proper legislative and legal structure for the post-oil period. The first was to launch the Bankruptcy Law and the other was founding a Federal Tax Authority (FTA). The …
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Abu Dhabi's Crown Prince India visit to set mega business event
NEW DELHI: The tone for Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan’s visit to India as the Chief Guest for 2017 Republic Day celebrations will be set with a mega business event in Dubai on Nov 12. The seventh annual edition of the Asian …
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UAE’s tax regime is the need of the hour
Within the span of month the UAE took two bold steps with the aim to develop a proper legislative and legal structure for the post-oil period. The first was to launch the Bankruptcy Law and the other was founding a Federal Tax Authority (FTA). The …
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Costa Rica offers to help UAE build Latin American trade
… prominent event like Dubai’s Expo 2020 could serve as a good opportunity to show to Latin American investors the UAE’s competitive advantages for doing business and perhaps even the possibilities of offering a gateway into the broader Arab region.”
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Talent shortage: UAE firms have trouble hiring skilled professionals
Dubai: Companies in the UAE are still having a hard time filling … Those in demand are ERP application and functional experts, project managers, business partners, sales directors and managers and IT security managers. Candidates seeking for these …
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12,229 vessels sailed into and out of the Dubai Creek in 2015: Dubai Customs
DUBAI: Nearly 12,229 vessels, including traditional wooden boats, modern vessels and cruise ships, sailed in and out of the Dubai Creek during 2015, the Dubai Customs reported on Monday. Dubai Customs are keen on holding regular meetings with stakeholders …
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