In 2017, the number of visitors to Dubai reached almost 16 million, growing by 6 percent compared to 2016. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Number 3 car plate fetches Dh9m in Sharjah auction
Sharjah: Distinguished car number plates generated millions of dirhams during an auction where plate Number 3 fetched Dh9 million in a fierce bidding on Saturday evening. Organisers had a tough time controlling the proceedings in the charged up atmosphere …
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Business in the desert
Business management has been my passion since childhood and in order to pursue this interest I was looking for the right course which is also internationally well-recognised. After one of my seniors from school suggested Middlesex University Dubai (MDX …
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Dubai’s Gross Domestic Product reaches Dh389b in 2017
Dubai: Dubai Statistics Center (DSC) has revealed that Dubai’s real gross domestic product (GDP) reached Dh389 billion in 2017 compared to Dh379 billion in 2016, an increase of 2.6 per cent. According to DSC, the growth was fuelled by the performance of …
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Upskilling the UAE’s healthcare industry
The CEO of King’s College Hospital London in the UAE, Neil Buckley, spoke with Gulf Business about what the partnership hopes to achieve, and why upskilling is so important for the region’s healthcare professionals. How did the partnership between King …
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Defying image problems, start-up offers three-hour hotel stays in the UAE
Dubai: A new app has launched in the UAE that offers users a ‘microstay’ of three, six, or 12 hours in a hotel room, hoping to capture business travellers in transit, and families tired after long days of shopping. Spaniards Christian Rodriguez and …
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Dubai Tourism launches blockchain-enabled marketplace
and will further the department’s mission to establish Dubai as the leading destination for global travel, business and events by 2020. According to a statement from DTCM, Tourism 2.0 will “bring Dubai another step closer to achieving the Vision 2020 …
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UAE vendors hope for tax relief on gold following drop in sales
Vendors are hoping for the removal of the tax on business to business transactions, and a ‘designated free zone’ for VAT. Jewelry demand in the UAE fell to a 20-year low according to the World Gold Council, while sales jumped significantly in December …
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3 industries with highest turnover rates in UAE, rest of Mena region
Dubai: There are more employees quitting their jobs in tech … According to LinkedIn, employers in the technology sector, particularly those in the software business, saw the most number of professionals leaving their companies in 2017.
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Dubai launches Tourism 2.0 blockchain marketplace
and will further the department’s mission to establish Dubai as the leading destination for global travel, business and events by 2020, the authority said in a statement. As a business to business marketplace, it will allow hotels and tour operators to …
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Ghanaian delegation on trade mission to UAE, holds 175 bilateral meetings
A delegation of government officials and business leaders from Ghana held a175 bilateral meetings during a recent high-level trade mission to the UAE, which promoted investment opportunities in the African country. The high-level trade mission was …
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Dubai Chamber Examines Business Opportunities in Chendgu During Recent Trade Mission
The Dubai Chamber of Commerce and Industry recently organised a trade mission to Chengdu where delegates explored prospects for boosting economic cooperation between Dubai and China’s Sichuan Province. The Chamber-led delegation, represented by top UAE …
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VAT relief for gold on the cards in UAE
The UAE’s gold jewellery trade hopes for a surprise in the form … “This means, there will be no actual payment of VAT on business to business transactions. Under the Reverse Charge Mechanism, there will only be documented entries of five per cent VAT …
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Dubai Investments Unveils New Corporate Logo, Brand Identity
The new logo also echoes Dubai Investments’ strategic roadmap on sustained investments that transcends sectors and geographies in an evolving business landscape.
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Abu Dhabi, Dubai growth forecast to remain steady at 3%
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UAE- DBWC witnesses 15.7% growth in total membership during Q1 2018
DUBAI, 17th April, 2018 (WAM) — The Dubai Business Women Council, DBWC, has disclosed that its total membership has increased by 15.7 percent during the Q1 of 2018. The increase in membership brings the total number of DBWC members up to 684, which …
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Famed Queen Elizabeth 2 ship now a floating hotel in Dubai
DUBAI, United Arab Emirates—Britain’s famed Queen Elizabeth 2 cruise ship will finally open as a floating luxury hotel moored off Dubai, nearly a decade after completing its last ocean voyage. It’s been another long trip for the ship known as the QE2 …
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