Tag: business

The agreement will allow Dubai SME’s members to open a Business Current Account with RAKbank with no minimal balance requirement and no maintenance fee. “Small and medium enterprises are the lifeblood of the UAE economy, comprising some 85 per cent of …
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The fourth-richest billionaire expat in the UAE is Ravi Pillai, with a net worth of $3.5 billion. This Indian national was born into a household of farmers. He had earlier set up a sub-contracting business in Kerala that went bust before he moved to the Gulf.
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Abdul Majeed Al Khoori, Acting CEO of Abu Dhabi Airports commented: “This project has been key in meeting the growing challenge of balancing the increased volume of passengers and operational efficiency. With the implementation of this smart technology …
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DUBAI, United Arab Emirates–(BUSINESS WIRE)–HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated the 200 megawatt (MW) first stage of the 800MW third phase of the Mohammed bin Rashid …
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Ibrahim Ahli, Director of Investment Promotion in Dubai FDI, presented the advantages of Dubai in enabling successful business startup and sustainable growth across a series of seminars and B2B meetings. “There hasn’t been a better time for bilateral …
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Dubai: Digital giants such as Facebook and Google have built up an impregnable business model on the idea of sharing, attracting millions of users every day who flock to the social media site to reveal a glimpse of their life, voice an opinion around the …
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while they are also a reflection of the innovative and entrepreneurial spirit of Dubai’s business community.” Dubai Chamber said it received more than 300 ideas during this cycle of competition, falling into three categories: blockchain, AI and digital …
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Dubai’s government is turning to blockchain technology to pave the way for foreign investments and businesses to come into the city-state Emirate. In an announcement on Tuesday, the city’s Department of Economic Development (DED) has unveiled a joint …
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“One of the major tourist attractions of the UAE is the jewellery sector that generates billions of dollars in revenue every year, and by exempting tax, the benefits to the business and the overall economy are immense. “I hope that the UAE government …
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Dubai: The UAE’s non-oil private sector turned in an improved set of numbers for April, including gains on output and in generating new business leads. The backlog of works — another key indicator — is rising at the fastest rate in 32 months …
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The UAE non-oil private sector saw an upturn in April as output, new business and employment improved, according to Emirates NBD. The bank’s purchasing managers’ index, produced by IHS Markit, rose to 55.1 from 54.8 the previous month as business …
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Dubai’s Department of Economic Development [DED] and the Dubai Silicon Oasis Authority [DSOA] have launched the “Dubai Blockchain Business Registry Project” to store and update company registration information issued by DED and local free-zone …
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Business confidence in Dubai has risen over the first quarter of 2018 and Q4 2017 as local businesses anticipate better revenues, sales volumes, orders and profits, according to a survey conducted by the Department of Economic Development (DED). According …
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emphasizing the need for local business leaders to focus on workplace engagement.” According to Vijay Gandhi, regional director EMEA – products group at Korn Ferry Hay Group, the employment landscape in UAE is indeed showing signs of improvement and …
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It is the first time I am getting an honour like this,” Ziaur Rahman, 31, a Bangladeshi supervisor at a cleaning facility, told Gulf News. He was among more than 100 cleaners who were honoured by the Centre of Waste Management – Abu Dhabi (Tadweer …
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UAE Business Forum in Abu Dhabi. According to the Ministry of Finance’s website, the UAE has signed 58 agreements for the protection and promotion of investments with 25 per cent of the countries in the world, including most of the UAE’s trading …
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Sharjah: Sharjah Police have arrested a two-member gang for cheating several people by selling counterfeit gold coins. Police said the two Asian men were arrested after receiving several complaints from their victims. Sharjah Police carried out a sting …
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