Ranked 24th worldwide and the best performer in the region, the UAE offers an impressive trade infrastructure coupled with a supportive business environment. Bahrain was ranked second in the GCC and 38th globally, according to Euler Hermes’ report titled …
( read original story …)
UAE-Canada air talks are a boost as Emirates eyes transatlantic routes
Emirates, the world’s largest long-haul carrier, aims to grow its services to Canada on the back of proposals to increase the number of direct flights between the UAE and Canada and strengthen business ties. “We have made no secret that we would like …
( read original story …)
Will new residency and company ownership rules raise UAE house prices?
Luckily for UAE investors, as I have opined in this column before, local house prices are at an attractive entry point in the price cycle now. As one of the world’s largest oil producers, the fortunes of business and house prices here closely track …
( read original story …)
New UAE visa regulations bring shift in how expats live and work
This will provide even more reason to opt for the long-term security of owning property in the UAE as opposed to renting. We could also see the focus shifting towards business owners buying offices in the UAE, as well as other commercial premises …
( read original story …)
Business Aviation at home in Dubai
Business aviation in the UAE is booming, and this growth is illustrated by the increase in business aviation presence at the biennial Dubai Airshow. The 2017 edition saw a huge representation of the industry flock to DWC, Dubai Airshow Site last November …
( read original story …)
Cleveland Clinic Abu Dhabi staff help Rohingya refugees
Abu Dhabi: A number of caregivers from Cleveland Clinic Abu Dhabi have recently returned from working as volunteer clinical staff in Rohingya refugee camps in Bangladesh The seven caregivers, who specialise in emergency medicine and infection prevention …
( read original story …)
Dubai Business Club offers new value-added service package
The Department of Economic Development (DED) in Dubai has unveiled a value-added service package for investors using the services of its Dubai Business Club. The new package includes economic, administrative and legal consultancy, market research …
( read original story …)
These UAE billionaires donate half of wealth to charity
He is the son-in-law of UAE-based retail tycoon M.A. Yusuff Ali, owner of LuLu hypermarkets. In his letter to Gates, Vayalil highlighted his desire to do good things “for the greater good.” Vayalil started his healthcare business only about a decade …
( read original story …)
Dubai improvement works to cut congestion on Sheikh Zayed Road
Dubai’s Roads and Transport authority will open the second phase of road improvement works designed to reduce traffic congestion in and around the Business Bay area later this week. Phase two of the Parallel Roads Improvement Project includes upgrade …
( read original story …)
Dubai cheaper for millennials goods than London or New York
Dubai: Dubai is among the cheaper cities compared to London … in terms of their consumption of delivery mechanisms are concerned. Millennials transact business with their principal bank 52 times a year via internet banking, compared to 42 times a year …
( read original story …)
Dubai wins bid to host 12th World Chambers Congress in 2021
Hamad Buamim, President and CEO of Dubai Chamber, expressed his deepest gratitude to Shaikh Mohammad for his continued support to the Chamber and the business community in Dubai. He said that the government’s forward-looking vision and strategy focused on …
( read original story …)
UAE, Canada discuss increasing direct flights between two countries
He noted that increasing the number of direct flights will shorten geographical distances and achieve better communication between the business community and investors, and increase the volume of trade and tourism. The UAE minister also highlighted that …
( read original story …)
UAE and Canada explore increasing direct flights at ministerial meeting
The UAE and Canada are exploring the possibility of increasing the number of direct flights between the two countries in a bid to further strengthen the existing business ties between them. Economy Minister Sultan Al Mansouri has met with the Canadian …
( read original story …)
Business Bay parallel road opens on June 8
Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) in Dubai, announced the opening of Phase II of the Parallel Roads Improvement Project at the Business Bay on Friday, June 8.
( read original story …)
Lifting of corporate fines is boon for UAE business, analysts say
A decision by Dubai and Abu Dhabi governments to exempt businesses from corporate fines is a further boost for UAE companies grappling with high operating costs and the sticky residues of a challenging economic period, analysts told The National.
( read original story …)
Sharjah to launch summer festival
Sharjah: A summer festival will be launched for the first time in Sharjah on July 10, and will last for two months. Khalid Jasem Al Midfa, chairman of the Sharjah Commerce and Tourism Development Authority (SCTDA), announced that the first edition of the …
( read original story …)
Dubai cancels corporate fines in bid to boost business
Dubai is exempting companies from administrative fines in a fresh effort to stimulate business, which has been dampened by new taxes and slumping asset markets. A decree by Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum cancels fines imposed by the …
( read original story …)