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Tag: business

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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Posted on 02/11/2018

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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Posted on 02/11/2018

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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Posted on 01/11/2018

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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Posted on 01/11/2018

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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Posted on 01/11/2018

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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Posted on 01/11/2018

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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Posted on 31/10/2018

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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Posted on 31/10/2018

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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Posted on 31/10/2018

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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Posted on 30/10/2018

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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Posted on 30/10/2018

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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Posted on 30/10/2018

Dubai turns Islamic economy hub

… being organised by the Dubai Chamber of Commerce and Industry and the Dubai Islamic Economy Development Centre (DIEDC) . Over 3,000 key decision makers, policymakers, business leaders and industry …
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Posted on 30/10/2018

Dubai agents expect property prices, rents to decrease up to 5% in Q4

Chestertons said it expected new supply in the next six months to be focussed in Business Bay, Jumeirah Village Circle, Dubai Sports City, Dubai Silicon Oasis and Town Square. The company …
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Posted on 30/10/2018

Dubai’s Emirates introduces Airbus A380 on Hamburg, Osaka routes

Dubai carrier Emirates expanded capacity on … The EK316/317 service to Osaka has 489 seats, with 399 in economy, 76 in business and 14 in first class. The EK061/062 Hamburg service has 517 …
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Posted on 30/10/2018

Dubai Duty Free sales expected to reach $2bn in 2018

Retail sales at Dubai Duty Free (DDF) are expected to reach $2 billion this year, according to executive vice chairman and CEO Colm McLoughlin. In a statement to Arabian Business, McLoughlin said the …
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Posted on 30/10/2018

Revealed: UAE jobs, skills in demand in 2019

Robert Half has recently polled chief financial officers (CFOs) in the UAE, and the majority (89 per cent) said they feel positive about where there business is heading. The rise in business …
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