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Tag: business

Posted on 09/02/2019

Exclusive interview: UAE business leader Raja Al Gurg

Raja Easa Al Gurg is one of those Dubai business figures that needs no introduction. Having started her career as a schoolteacher, she now leads family business Easa Saleh Al Gurg Group as …
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Posted on 08/02/2019

UAE economy to lead GCC in 2019

In addition, a slowdown in the global economy is likely to weigh on activity in the UAE’s key manufacturing, tourism and logistics sectors. Associate Business Editor of Khaleej Times, is a well-connec…
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Posted on 08/02/2019

Abu Dhabi establishes investment office to increase FDI under $13.6bn plan

Abu Dhabi Investment Office is part of Abu Dhabi government’s … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straig…
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Posted on 08/02/2019

Abu Dhabi acquires stake in New York’s Park Lane Hotel

A representative for the buyer, Abu Dhabi’s Mubadala Investment Co … according to a document seen by Bloomberg News that shows the group is seeking a $600 million floating-rate loan. Mubadala and Wi…
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Posted on 08/02/2019

Dubai Chamber explores bilateral business opportunities during visits to Shanghai and Shenzhen

Dubai, UAE: A high-level delegation from Dubai Chamber of Commerce and Industry recently visited Shanghai and Shenzhen and where they met with public and private sector stakeholders and discussed pros…
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Posted on 08/02/2019

The Latest: Pope warns against ‘fake news’ during Gulf visit

ABU DHABI, United Arab Emirates (AP) — The Latest on Pope Francis’s visit to the United Arab Emirates (all times local): 7:35 p.m. Pope Francis has called out the dangers of so-called “fake news” amid …
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Posted on 07/02/2019

Over 1,100 new restaurants and cafes opened in Dubai in 2018

While 641 new restaurants were opened last year, Dubai saw 468 new cafes, according to a report issued by the Business Registration and Licensing (BRL) sector in Dubai’s Department of Economic …
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Posted on 07/02/2019

Why nearly 100 new restaurants, cafes open in Dubai every month

Dubai: Some companies may not be making as much brisk business as they used to, but you’d probably won’t see it in the local food and beverage industry. Every month, approximately close to 100 …
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Posted on 07/02/2019

Dubai ruler’s expansion plan for luxury Highlands estate approved

The billionaire ruler of Dubai has been given permission to expand his 63,000 acre luxury estate in the Scottish Highlands, adding a nine-bed house and a lodge for his staff. Sheikh Mohammed bin Rashi…
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Posted on 06/02/2019

UAE firms see uptick in output and new orders

Businesses in the UAE saw sharp increases in output and new orders, according to data from the Emirates NBD Purchasing Manager’s Index (PMI). According to the data, the improvement in business activit…
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Posted on 06/02/2019

Zomato said to be in talks to sell UAE business

Indian restaurant search and food delivery platform Zomato is in advanced talks with Germany-based online food delivery service Delivery Hero to sell its UAE business, according to a report. Zomato, w…
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Posted on 06/02/2019

Dubai World Trade Centre wins bids to host 10 new events from 2019-2022

The events will help boost Dubai’s position as a destination for the MICE (Meetings, Incentives, Conferences and Exhibitions) and business events industry, the statement added. Mahir Julfar …
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Posted on 06/02/2019

Dubai’s Empower plans district cooling projects after $408m loan

Shafar praised the lenders for supporting Empower’s strategy of developing “a strong infrastructure” in Dubai, which would put the business among the largest district cooling providers in the world. E…
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Posted on 06/02/2019

2019: Good start for UAE businesses

The improvement in business activity was partly due to promotions and price discounting by firms. The output price index remained below the neutral 50-level in January, signalling another month of low…
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Posted on 06/02/2019

UAE stocks start 2019 with gains on rising confidence

Stock markets in the UAE recorded gains in January after a prolonged lull in 2018, signalling the return of optimism and rise in business confidence. In Dubai, while the gains were largely broad-based …
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Posted on 06/02/2019

UAE private sector returns to stronger growth trajectory

Dubai: The Emirates NBD Purchasing Managers … and the new orders index rose as well. The improvement in business activity was partly due to promotions and price discounting by firms …
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Posted on 06/02/2019

Pope Francis Delivers Historic Mass for 180,000 Catholics in the United Arab Emirates

ABU DHABI, United Arab Emirates — His Holiness Pope Francis, the Head of the Catholic Church and Sovereign of the Vatican City, has delivered an historic Papal Mass to 180,000 Catholics in the …
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