The UAE’s Ministry of Infrastructure Development is developing three projects worth Dhs171m in Sharjah and Umm Al Quwain, official news agency WAM reported. The projects include two projects for the Ministry of Interior and one for the Ministry of …
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$1bn UAE mall partners with Majid Al Futtaim unit
Abu Dhabi’s upcoming fashion, entertainment and dining destination, the $1-billion Reem Mall, has signed a leasing agreement with Majid Al Futtaim Ventures, the leisure, entertainment, fashion and business arm of UAE-based conglomerate Majid Al Futtaim …
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UAE among world's top 'safest' countries
The report said the UAE, which welcomed 14.4 million international visitors in 2015, four million more than two years earlier, continues to offer an outstanding business environment to invest in T&T activities (5th), with advanced ICT readiness (15th …
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Dubai Government to end paper transactions in 2021, says Crown Prince
The Government of Dubai will stop issuing paper transactions from 2021, as the emirate moves into its next phase in sustainable development with the Smart Dubai 2021 initiative. Launched by His Highness Hamdan bin Mohammed bin Rashid Al Maktoum …
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Dubai business conditions strongest in two years – study
Dubai’s business conditions improved in March thanks to growth in output, new orders and increasing employment opportunities. The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction …
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How Dubai’s coffee entrepreneurs are supporting sustainable farming
Vision talks to the founders of the UAE’s first roastery about their special journey into the heart of Myanmar to export the first batch of specialty coffee available outside the US Burn the MBA handbook, for lack of business experience does not preclude …
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Dubai business conditions at best in two years, study says
A gauge of the Dubai economy says the emirate’s business conditions improved in March amid gains in output, new orders and employment. The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction …
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Dubai’s private sector sees strongest growth in two years
Dubai’s private sector recorded a surge in business activity in March, posting the strongest growth in two years, according to the monthly survey by Emirates NBD. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index rose to 56.6 in March …
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Meet the Irishman who built his fortune in Dubai
Setting up the business so it could begin work proved to be a challenge in itself. “The Dubai authorities didn’t make it easy. There were layers of bureaucracy,” Barry says. “The government was only beginning to develop the city and other infrastructure …
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Irishman who built his fortune in Dubai
Setting up the business so it could begin work proved to be a challenge in itself. “The Dubai authorities didn’t make it easy. There were layers of bureaucracy,” Barry says. “The government was only beginning to develop the city and other infrastructure …
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Dubai Business licenses increase 650 per cent over last 25 years
“The Business Registration & licencing (BRL) sector in Dubai Economy serves more than 150,000 businesses in the emirate, conducting approximately 430,000 transactions every year relating to issuing, renewing or revoking licences as well as amending trade …
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Dubai’s DEWA to build three new substations worth Dhs1bn
The Dubai Electricity and Water Authority (DEWA) plans to build three new substations in the emirate with an allocated budget of Dhs1bn, it announced on Saturday. The 400 kilovolt (kV) substations will be built over the next three years, a statement said.
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Dubai sees rise in off-plan property sales
Dubai registered a 45 per cent increase in the sales of off-plan residential properties in the first quarter of the year, compared to the previous quarter, a new report has found. According to the report by Chestertons, the number of transactions for ready …
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Nasdaq Dubai optimistic about 2017 after robust performance
Dubai: After many achievements last year, Hamed Ali, the chief executive of Nasdaq Dubai still has a full plate and is optimistic about 2017. Just over three months into the year, Nasdaq Dubai is on a firm footing with six listings so far. “We are …
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Most UAE expats to enjoy better money transfer rates this year
Dubai: Many expatriates in the UAE will continue to benefit from favourable exchange rates for the rest of the year as the US dollar is forecast to strengthen further. The American currency has been on a winning streak against a number of currencies from …
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UAE pledges $68m to support Syrian refugees
The UAE has pledged Dhs250m ($68m) to support education for Syrian refugees. State news agency WAM reports that the sum was announced at the Supporting the Future of Syria and the Region conference in Brussels on Wednesday and is intended to help Syrians …
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Indonesia seeks $10b in investments from UAE
ABU DHABI: Indonesia is targeting $10 billion (Dh36.7 billion) investments from the UAE in a wide range of sectors including oil and gas, hospitality and power generation, the country’s ambassador, Husin Bagis, told Gulf News in an interview on Thursday.
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