The second edition of ‘Doing Business in the UAE Guide,’ a handbook covering basic information about the country and how to start your business in the area, was recently launched in London, UK. The bo…
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How Businesses operates in UAE
Process for Operating Business in UAE Starting a business in the UAE should not take you more than a week once you’ve sorted all your legal procedures, but before you start your legal formalities, you …
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UAE court adjourns bounced cheque case against Abraaj founder
This comes as Dubai-based Abraaj’s provisional liquidators seek to sell its investment management business. The criminal case in the emirate of Sharjah relates to a cheque for Dhs798m ($217.3m), signe…
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How do I start an E-commerce company in Dubai?
While to start an E-Commerce business in UAE and especially in Dubai, you are required to own an e-commerce portal license or a specific trading license from a free zone or from the mainland, whatever …
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Kazakhstan trade mission in Dubai
The event will take place tomorrow (August 14), at JW Marriott Marquis Dubai, Business Bay. From Kazakhstan’s side, large commodity producers of processed products will arrive to Dubai from following …
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UAE, Kuwait set to return to fiscal surpluses
The UAE and Kuwait are set to return to fiscal surpluses in 2018 … The reforms of the type outlined would further support improvements in the business environment, giving some boost to non-oil growt…
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Abu Dhabi Investment Authority just raised its bets on a few Indian stocks
Among the largecaps, ADIA raised its stake in Axis Bank to 1.19 per cent at the end of June quarter. The Abu Dhabi Investment Authority, or ADIA, was busy shopping on Dalal Street in a choppy market a…
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Dubai’s Drake and Scull replaces CEO, blames ‘rumours’ for share price drop
The Dubai-listed company, which is seeking to restructure about Dhs1bn of debt, has seen a major management reshuffle in recent years. Feghali, who was previously managing the international business u…
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Report: Dubai ‘Most Innovative City’ in Middle East
Dubai’s march towards becoming the world’s first smartest city … government services to create even better experiences in the city, so that all residents, business owners, city leaders and tourists …
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Dubai’s JLT metro stop renamed
Free zone operator Dubai Multi Commodities Centre (DMCC) on Monday announced the renaming of the Jumeirah Lakes Towers (JLT) metro station effective immediately. The decision will mean the Dubai Metro …
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Abu Dhabi to remove 20 kmph buffer on speed limit
The Abu Dhabi Police Department of Transport announced the removal of the 20 kilometer speed limit buffer on the roads to teach drivers the importance of road safety. Before the rule was implemented, …
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Dubai’s Emirates launches one of ‘its biggest ever sales’
Dubai airline Emirates has launched one of its “biggest sales … (Dhs4,835) and Santiago (Dhs5,105). Business class fares to these cities range from Dhs2,795 (Mumbai) and Dhs5,245 (Beirut) to Dhs20,9…
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Dubai Hotel Room Rates Decreases Due to Increase in Supply
The average room rates of Dubai hotels dropped due to an increase in supply, hitting a 14-year low during the month of July. According to STR data, the average daily rate fell 9.7 per cent to Dh423.63 …
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Dubai drops charges, deports Swedish woman who ‘insulted’ airport officials
A Swedish national who attempted to enter Dubai on an expired passport and later “insulted” airport officials was deported with all the charges dropped against her. The Dubai Public Prosecution has co…
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Dubai airline Emirates expects to increase US capacity in 2018
“Now we are really back on track,” he said. “Demand is extremely strong again.” Read: Dubai’s Emirates restores capacity on some US routes The carrier is also adding capacity in Canada, expanding its …
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Dubai hotel room rates hit 14-year low
The average room rates of Dubai hotels dropped due to an increase in supply, hitting a 14-year low during the month of July. According to STR data, the average daily rate fell 9.7 per cent to Dh423.63 …
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How 10-year visas will affect UAE business owners
The UAE government has created a buzz of expectation with its plans to introduce a 10-year residency visa to attract investors and new talent. The new visa rules, to be in place by the end of 2018, ha…
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