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Tag: business

Posted on 12/04/2017

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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Posted on 11/04/2017

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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Posted on 10/04/2017

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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Posted on 10/04/2017

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 …
( read original story …)


Posted on 10/04/2017

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 …
( read original story …)


Posted on 09/04/2017

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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Posted on 09/04/2017

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.
( read original story …)


Posted on 09/04/2017

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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Posted on 09/04/2017

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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Posted on 07/04/2017

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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Posted on 07/04/2017

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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Posted on 07/04/2017

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.
( read original story …)


Posted on 07/04/2017

Business Growth in UAE’s Private Sector Taps 25-month Highs

The UAE’s non-Oil private sector registered strong growth in March, in line with the trend so far this year, according to Emirates NBD’s monthly survey. Growth in the sector was led by expansion in business activity, which touched a 25-month high, the …
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Posted on 07/04/2017

Hyperloop One begins hiring as it prepares to open Dubai office in September

“We are set to open our first international office here in Dubai in September,” he told Gulf Business. “The focus [in the local office] will on be on project development, engineering, prototyping – basically everything we do in Los Angeles.
( read original story …)


Posted on 07/04/2017

Apparel, footwear largest retail segment in Dubai

Dubai’s apparel and footwear market, valued at $11.5 billion in 2016, accounted for the largest share of the emirate’s retail sector, according to new analysis released by the Dubai Chamber of Commerce and Industry during the 11th World Retail Congress …
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Posted on 07/04/2017

Exova, McDermott sign deal for testing services

Exova, a global testing company, has been awarded a contract with McDermott to deliver a range of testing services for offshore fabrication projects in the UAE’s oil and gas sector. McDermott is a leading provider of integrated engineering, procurement …
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Posted on 07/04/2017

UAE's flydubai continues partnership with Germany's Recaro Aircraft Seating

Dubai-based carrier flydubai and the German aircraft seat manufacturer Recaro Aircraft Seating will continue their long-standing partnership, the two companies announced today at the Aircraft Interiors Expo in Hamburg. The carrier will equip its new Boeing …
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