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Tag: business

Posted on 19/06/2018

UAE climbs digital competitiveness ranking

The UAE has lcimbed one place to 17th in this year’s World Digital Competitiveness Report by Swiss business school International Institute for Management Development (IMD). The institution said the emirates climbed the ranking of 63 economies …
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Posted on 19/06/2018

UAE most digitally advanced in Arab world

The country ranks first globally in business agility, third globally in regulatory framework and fourth globally in terms of talent. “The UAE improves its overall digital ranking in 2018, to reach 17th place. Although this is a slight increase …
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Posted on 19/06/2018

UAE ‘perfect’ for Australian businesses, says official

“Continuous engagement with our global partners is part of our relentless effort to promote Dubai as the ideal location for businesses to expand their global reach, given our connectivity to key market…our business friendly legislations and unmatched …
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Posted on 19/06/2018

Reforms will ease cost of doing business in UAE

Members of the UAE business community have welcomed the new UAE legislation that replaces bank guarantees for private sector labour recruitment with a low-cost insurance policy that will reduce costs for employers. It does away with the Dh3,000 bank …
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Posted on 19/06/2018

Dubai’s DEWA commissions 15 substations at a cost of Dhs1.73bn

Dubai Electricity and Water Authority (DEWA … Palm Jumeirah, Al Markad, Nad Al Hammar, Business Bay and Zabeel 2, a statement said. DEWA had 236 132/11kV substations at the end of 2017, of which 15 had been commissioned in 2017 at total cost of Dhs1.68bn.
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Posted on 18/06/2018

Dubai lures transit passengers with airport experience

Dubai Tourism has introduced a new virtual experience at the emirate’s main airport, the world’s busiest for international passenger traffic, designed to encourage more connecting passengers to visit. The MyDubai Experience allows travellers to learn …
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Posted on 18/06/2018

Dubai’s Jumeirah appoints new ‘chief culinary officer’

Dubai-based hospitality group Jumeirah has created a new role of chief culinary officer, appointing former Michelin Guide global director Michael Ellis to the post. Ellis, who served as the global director for Europe, Asia and the Americas at Michelin …
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Posted on 17/06/2018

How Dubai’s Godolphin became a world leader in horse racing

His Highness’ contribution has been discreet and there’s a respect for the way he has done it” One racing insider that Arabian Business speaks to compares the development of Goldolphin to the growth of Dubai itself. When replying to the question …
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Posted on 17/06/2018

Dubai’s Emirates launches new Auckland service via Bali

It will offer eight seats in first, 42 seats in business and 304 seats in economy class, as well as 20 tonnes of belly-hold cargo capacity. The southbound flight, EK 450, will depart Dubai at 7.05am, arriving at Denpasar (Bali) at 8.20pm local time …
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Posted on 17/06/2018

Dubai’s RTA awards contract for 900 new taxis

Dubai’s Roads and Transport Authority (RTA) has awarded a contract for procuring 900 new vehicles for the Dubai Taxi fleet, it announced on Sunday. The new lot includes 370 hybrid vehicles fitted with dual fuel-electric power motors. The new vehicles …
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Posted on 16/06/2018

UK business college inaugurates first campus in Dubai

UK College of Business & Computing (UKCBC), a London-based higher and vocational education institution, has inaugurated its Dubai campus ready for the first batch of students. Located in the heart of Dubai International Academic City and with a campus …
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Posted on 15/06/2018

Dubai’s Nakheel mulls 11 bids to build Dragon Towers project

A second hotel is currently under construction. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 15/06/2018

New UAE employee fees and visa scheme set to aid private sector

The UAE introduced a string of business reform measures late on Wednesday, including the reworking of business fees to hire private sector workers and more flexible visa regulations. Sheikh Mohammed Bin Rashid Al Maktoum: “The UAE is among the 10 most …
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Posted on 14/06/2018

UAE announces new visa rules for residents, jobseekers and tourists

The UAE is among the ten most competitive countries in the world and our goal is to remain a top destination for ease of doing business, through an agile economy based on flexibility and openness. A strong economy drives us as a nation to be among the …
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Posted on 14/06/2018

The UAE’s new arbitration law: How will it impact investors?

Moreover, the UAE will send a clear message to the business world that it has the legal and regulatory framework to support the positive investment environment. However, as in any legal system, uncertainties always remain when a new law is introduced.
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Posted on 14/06/2018

Dubai offers tourism pass discount

Dubai is offering a 15 per cent discount on a new pass allowing tourists to visit key attractions for a fixed price in partnership with ride firm Uber. The discount is available from June 14 until July 12 and will apply to both the pass itself and six Uber …
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Posted on 14/06/2018

RAK Bank to offer Sage VAT accounting software to business customers

Through this partnership, RAK Bank’s business customers can benefit from Sage accounting software at preferential rates. This will enable the bank’s customers to manage their valued-added tax (VAT) compliance requirements. RAK Bank is one of the UAE …
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