Business conditions in Dubai recorded a sharp improvement in May – at the fastest pace in 13 months – on the back of increased output and new orders. Key drivers to this upward momentum in the non-oil private business included travel and tourism and …
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Dubai’s private sector sees strong growth, but hiring remains dull
“New project wins, Expo 2020 and forecasts of robust demand underpinned business confidence,” it said. Dubai’s economic growth slowed last year, with gross domestic product growing 2.6 per cent to Dhs389bn in 2017 compared to a growth rate of 2.9 per …
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UAE: FDI’s most wanted
Monica Malik, chief economist, Abu Dhabi Commercial Bank, noted that many of the recent moves by the government to improve the business environment and reduce fees are supportive of FDI. “The move to lower aviation fees in Dubai last week highlights that …
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Over 12,800 jaywalkers fined in Sharjah
Lieutenant Saud Al Shaiba, spokesperson for the Traffic and Patrol Department, told Gulf News that Sharjah Police issued fines to 12,871 people who were caught jaywalking in the emirate till May this year. However, only five people have been fined since …
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DWTC events drive Dh12.7bn in economic value for Dubai
“DWTC’s priorities are firmly aligned with UAE Vision 2021, the nation’s economic diversification strategy and the 2017 Economic Impact Assessment is testament to DWTC’s success as a MICE entity that enhances the value of business tourism to Dubai …
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UAE universities on the rise in new global ranking
As the UAE’s flagship university, UAEU offers a full range of accredited graduate and undergraduate programs through nine colleges – Business and Economics; Education; Engineering; Food and Agriculture; Humanities and Social Sciences; IT; Law …
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UAE starts negotiations for more Emirates flights to Canada
At the time, it was alleged that the request was rejected due to lobbying by flag carrier Air Canada over fears that Emirates Airlines, in particular, would engage in predatory business behaviour that funnels travellers to connect through Dubai on their …
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Dubai hot destination for FDIs
THANKS to its enviable business climate, Dubai is fast becoming hot destination for foreign direct investments (FDIs), especially in tech industries and new technologies. Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman …
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Dubai approves stimulus plan, slashing aviation fees
Dubai slashed aviation and municipality fees as part of initiatives aimed at lowering corporate and government charges to boost economic growth, creating jobs and making it easier to do business in the emirate. Under the new measures approved on Wednesday …
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Dubai stimulus to ease cost of living
The latest series of stimulus initiatives, including the reduction and cancellation of some government fees, which Dubai unveiled on Wednesday has been well-timed and will go a long way in fuelling economic growth and improving the business environment …
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UAE law changes provides a new dawn for foreign investors
“Longevity of residence is going to be a game-changer as the population’s historically transient nature gives way to semi-permanency,” he tells Arabian Business. On intellectual ownership: “The UAE is ahead of the curve in the region with regards …
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Mums mean business
There may be many mum support groups in Dubai, but whenever there’s a cry for help over a nagging business question – or even something as generic as not quite feeling settled in the emirate – mums know where to find the answer. One of the most …
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Dubai’s Emirates announces third daily flight to Moscow
Dubai carrier Emirates has announced plans for a third daily service to Moscow’s Domodedovo airport from October. The addition on October 31 will be operated by a 777-300ER with 310 economy class seats, 42 business class seats and eight first class seats.
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How Dubai commands key travel and trade routes
Dubai is an example of how such an approach … consistently proves to be an open and willing partner to do business. The businesses in the region are also very receptive to our approach to remove all possible barriers to trade, and enable global trade …
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Dewa invites residents to join Shams Dubai initiative
Dubai Electricity and Water Authority (DEWA) has called upon Dubai’s citizens and residents to benefit from the Shams Dubai smart initiative, following the outstanding success and the great adoption rate the initiative has achieved since its launch …
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Pictures: Aloft City Centre Deira, with movie-themed suites, opens in Dubai
Aloft City Centre Deira, the Aloft brand’s third property in Dubai, has been officially opened … five meeting rooms and outdoor event space – the Backyard – for business and social gatherings. Aloft City Centre Deira also offers a fitness center …
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How Dubai is taking the real estate business online – Dubai Video
In a bid to improve efficiency in the market, Dubai’s government last week announced plans for the Real Estate Self Transaction (REST), an online platform that will allow real estate trading transactions to be transactions to be conducted anywhere and …
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