Egorov said discussions were in the initial stages, but there was a lot of interest from the Russian side to invest in the UAE and expand Moscow’s business relationship with the country, as well as with the wider Middle East and North Africa (Mena …
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UAE opposed to protectionism, top official says
Dubai: An undersecretary at the Ministry of Economy on Monday said the country opposes protectionism policies as he reiterated the UAE’s commitment to liberalisation policies and attracting foreign investments. Abdullah Al Saleh, Undersecretary for …
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No such thing as quick money in UAE’s F&B business
Dubai: For anyone thinking of putting up money in the restaurant business in Dubai and expecting to see returns in three years, Phil Broad has a short reply — forget it. “These people are living in Utopia if they believe in three-year returns,” said …
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19-year-old Emirati dies in horrific car, truck collision in Sharjah
A young Emirati man has died in a horrific car-truck collision in Sharjah on Saturday. The accident took place in Sharjah’s Dhaid city on Mahafez street, Emarat Al Youm reported. The 19-year-old died on the spot while his friend, who was in the passenger …
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Dubai’s Success Accelerates Global Cleantech Adoption
… Agency (Dubai FDI), an agency of the Department of Economic Development (DED), and Dubai Science Park (DSP), the holistic science-focused business community, joined hands to promote current and emerging investment opportunities in Dubai at the GLOBE …
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Dubai Chamber launches retail group to raise standards
The Dubai Chamber of Commerce and Industry has announced the formation of the Retail Business Group, a new organisation that aims to promote the cooperation among retailers in the city. The organisation is the 29th sector-specific business group …
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Drone light show to dazzle Abu Dhabi Corniche night sky
Abu Dhabi: Abu Dhabi Corniche will light up on Saturday night in a spectacular fashion with a drone light show to mark the closing weekend ceremony of Mother of the Nation Festival and also to recognise Year of Zayed. Closing this edition’s festival with …
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Dubai contracting giant Drake appoints new CEO
Dubai-based contracting giant Drake & Scull International (DSI) on Thursday announced the appointment of Dr Fadi Feghali as the Group CEO. Fenghali currently manages DSI’s international business units since joining the company in October and he will be …
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Could Dubai Be The Best Place To Start Your Business?
Henri Truman, Negosentro | The last three decades has seen Dubai change from a fairly small city in the desert to a thriving metropolis full of incredible seven star hotels, sprawling, modern business parks, man-made islands full of luxury and fun …
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UAE money exchange houses ordered to raise standards by regulator
The UAE’s huge expatriate workforce and growing business and tourism sectors have made it a global centre for exchanging foreign currencies and transferring money to and from the Middle East, Asia, Africa and parts of Europe. But some of the roughly 125 …
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Dubai Silicon Oasis Authority revenues up 11.2% to Dhs590m
Furthermore, he said that Dubai Silicon Oasis has become one of the most important free zones in the region, allowing international and Gulf tech companies to both establish their business in the region and augment their expansion. Such growth, he added …
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Dubai Startup Hub launches revamped website
Buamim added that the website will also allow Dubai Chamber to “to engage directly with start-ups, take the pulse of this diverse community and provide them with access to valuable support, relevant content and access to business and networking …
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Dubai Internet City sees start-up applications boom
“We want start-ups to focus on what they do best — their business. We’ll help them with everything else,” Al Malek told Gulf News in an interview at the STEP Conference in Dubai. At the end of 2017, the programme expanded to include in5 …
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Tom Cruise completes ‘Mission’ in Abu Dhabi
The mission has been completed as Hollywood star Tom Cruise bid goodbye to Abu Dhabi after wrapping up the shoot of his film, Mission Impossible Fallout. The actor confirmed the news on his official Twitter account stating: “Thank you to the amazing cast …
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Crane collapses in Abu Dhabi, crushing five cars
A crane has collapsed at a construction site in Abu Dhabi on Monday morning after it was being transported … No casualties were reported, however, one man suffered from minor injuries, reported Gulf News. The incident, which is the second of its kind …
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STEP Conference in Dubai: key for tech, start-ups, SMEs, and everything digital
Why is Dubai Internet City partnering with STEP Conference? How is DIC supporting STEP in its capacity as a corporate business ecosystem? STEP is one of the foremost events for everything futuristic and transformational; bringing together an interesting …
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Dubai Duty Free makes strong start to 2018
“We have estimated it is going to cost us about AED100m ($27.2m) in arrivals sales, but expect to gain in departures which is 90% of our business.” With duty free goods sold to departing passengers from Dubai International and Al Maktoum exempt from …
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