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Tag: business

Posted on 15/02/2017

Pictures: UAE aims to create ‘mini city’ in Mars by 2117

The UAE plans to establish a “mini city” and community in Mars within the next 100 years as part of a an ambitious space strategy unveiled by the country’s leaders on Tuesday. The Mars 2117 Project was launched by UAE’s Vice President, Prime …
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Posted on 15/02/2017

Trump Sons Eric, Donald Jr. to Attend 'Closed' Dubai Event

DUBAI, United Arab Emirates (AP) — President Donald Trump’s two sons in charge of his global business empire will attend a closed-door event this coming weekend to mark the opening of the Trump International Golf Club in Dubai, organizers said Wednesday.
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Posted on 14/02/2017

UAE a 'key partner' for US in region

The UAE is a “key US partner” in the Middle East, according to a new report from the US-UAE Business Council. The report – entitled an Enduring Partnership – is being released ahead of the upcoming International Defence Exhibition and Conference (IDEX …
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Posted on 14/02/2017

Doing Business In The UAE: What You Need To Know About Local Partners

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. There is often a lot of confusion around the different types of companies that can be set up by foreign entrepreneurs in the UAE. To the outsider looking in, you …
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Posted on 14/02/2017

Tesla targets Middle East luxury car market with Dubai debut

Tesla Inc has started selling its luxury electric cars in Dubai, marking its first foray into the Middle East. Sales of luxury cars in the Gulf states are among the highest in the world per capita, although some brands have suffered as lower oil prices …
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Posted on 13/02/2017

Dubai tops GCC in global cities ranking

Dubai has been ranked first in the GCC according to the latest ‘Global Cities’ report released by AT Kearney at the World Government Summit. The cities were ranked on five factors including – business activity, human capital, information exchange …
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Posted on 13/02/2017

Up, up and away: Passenger-carrying drone to fly in Dubai

Musk, who took no questions from reporters on Monday, later launched his Tesla car brand in Dubai at an event organizers said was not open to international media. Musk has come under criticism for serving on a business council advising U.S. President …
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Posted on 13/02/2017

UAE, Moldova step up efforts to promote trade

Representatives from the government and private sectors, investors and entrepreneurs who were invited to attend the UAE-Moldova Business Forum were also present to discuss potential collaborative efforts. Al Mansouri said that opportunities abound for the …
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Posted on 13/02/2017

DSP, Belhasa launch new project with interactive business spaces

The project, located in Dubai Science Park, will add almost 50 units to the existing 25. “Dubai Science Park is a dynamic business community that provides a home to life sciences, energy, and environmental companies of all sizes and serves the entire value …
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Posted on 13/02/2017

UAE resident alert: 5% VAT is officially coming…

Policy makers in the six-nation Gulf Cooperation Council are aiming to introduce a 5 percent value-added tax at the start of next year, despite administrative and technical obstacles, a senior United Arab Emirates finance official said on Sunday.
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Posted on 13/02/2017

Outlook for UAE economic growth improves, poll says

Backing up these assertions is the harder PMI data. The UAE’s non-oil business activity rose to a six-month high in January, thanks to a rise in new orders, higher output and improved demand from overseas, according to the latest sentiment survey from …
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Posted on 13/02/2017

How Blockchain Can Kick-Start the UAE’s Startup Economy

Blockchain technology can act as a kick-starter for the UAE’s startup ecosystem, by speeding up transactions and better connecting the business community. That is the view of a new report released by tech consulting firm Booz Allen Hamilton, Tuesday.
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Posted on 13/02/2017

UAE says expects higher compliance with OPEC, non-OPEC deal

“The first month I see the commitment around OPEC has been there from the various independent sources. The level of commitment is high and we are expecting to see more commitments in the months to come,” Suhail bin Mohammed al-Mazroui told reporters. OPEC …
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Posted on 13/02/2017

UAE expects higher OPEC, non-OPEC compliance to oil deal

Compliance with a global supply cut deal by OPEC and non-OPEC oil producers has been high in January and that level of commitment is expected to improve over the next months, the United Arab Emirates Energy Minister said on Sunday. “The first month I see …
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Posted on 13/02/2017

Emirates marks four years of operations to Poland

The new scheduled flight opened up enhanced opportunities for business, trade and tourism, strengthening ties between the UAE and Poland and forging a longstanding and invaluable partnership between the two countries. During the past four years …
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Posted on 11/02/2017

Don't be gloomy, Dubai business is booming

Dubai’s private sector started 2017 on an upbeat note by recording the sharpest rise in output in almost two years, new data suggests. Travel and tourism continued to drive the upswing supported by wholesale, retail and construction sectors in January …
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Posted on 10/02/2017

Dubai business surges most in two years

Dubai’s private sector started 2017 on an upbeat note by recording the sharpest rise in output in almost two years, new data suggests. Travel and tourism continued to drive the upswing supported by wholesale, retail and construction sectors in January …
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