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Tag: business

Posted on 27/06/2018

Dubai’s ENOC to boost jet fuel supply in Nigeria

Dubai oil company ENOC has signed an aviation technical and marketing services agreement with Raven Energy, to support its jet fuel supply operations in Nigeria. Raven Energy is part of the Raven Resources Group, which has diversified business operations …
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Posted on 26/06/2018

Dubai’s TECOM cuts freelance licence costs by 70%

… is currently available for freelancers in the media and education sectors at the Dubai Media City and Dubai Knowledge Park zones. Among the business roles covered by the scheme are intelligent education consultant, management coach, lighting …
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Posted on 26/06/2018

UAE’s traditional businesses yet to get social media chats right

UAE business groups haven’t got the hang of communicating via social media. In fact, some among them still have a lot of catching up to do even on their basic web presence, according to findings by a Swiss-based branding and marketing consultancy.
( read original story …)


Posted on 26/06/2018

UAE gold prices fall to lowest this year?

Dubai: Consumers in UAE who have been holding up gold purchases would do well to revisit the shops this week, as prices have fallen to its lowest level this year and there are bargains to be had at the jewellery counters. Compared to previous weeks alone …
( read original story …)


Posted on 26/06/2018

Why UAE has become more affordable for expats

all these measures will lower the cost of living and ease of doing business, improve competitiveness and boost the overall economy,” he said. Commenting on VAT’s impact on cost of living in the UAE, Kumar said the levy is not a big amount when compared …
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Posted on 26/06/2018

Abu Dhabi, Dubai, Muscat slide down cost of living table

Abu Dhabi, Dubai and a host of other Gulf cities have become less expensive … low inflation and fluctuating prices for goods and services were impacting the cost of doing business in some cities. Four of the world’s five most expensive cities were …
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Posted on 26/06/2018

UAE airline alerts flyers: Beware of strict baggage policy

Dubai: UAE-based carrier Etihad has announced that it is strictly … economy class flyers are allowed to bring into the cabins only up to seven kilos of luggage, while business-class passengers can enjoy up to 12 kilos of allowance. The airline said …
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Posted on 25/06/2018

Dubai bourse hits its lowest since Jan 2016

Concerns about Drake & Scull’s business outlook and ongoing investigations against its previous management are weighing on the stock, traders said. The stock is down over 60 per cent so far this year. The Dubai index fell 2.1 per cent to close 2,868 …
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Posted on 25/06/2018

UAE, Saudi firms willing to loosen purse strings to expand

Dubai: Middle East businesses are confident in the economic growth prospects for the year ahead and executives are willing to invest further in their businesses, according to the 2018 Global Business & Spending Outlook, a survey released today by American …
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Posted on 25/06/2018

UAE malls go all out in winning back shoppers

Dubai: UAE malls and their retailer tenants have only one thing … What they don’t want happening over and over again is to see some of their retailers exit because of low business. All such exits cause disruptions. Helped by the promotions, clothing …
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Posted on 25/06/2018

UAE to establish new fatwa council

The UAE cabinet has approved the formation of a new Fatwa Council in the country. The council will serve as the official reference for fatwas in the country and will organise the work of government authorities, institutions and individuals related to …
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Posted on 25/06/2018

Dubai World Trade Centre cuts licensing fees

They follow other government measures designed to reduce the cost of doing business in Dubai across a number of industries and improve the city’s global competitiveness. Read: Dubai to cut municipality fees at hotels, restaurants “DWTC’s commercial …
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Posted on 25/06/2018

Dubai private schools earn over $2bn in tuition revenue

Dubai’s private schools earned AED 7.5 billion ($2.04 billion … Of the students, the vast majority – 59.3 percent – are enrolled in business programs, which also accounted for 53 percent of the year’s 7,227 graduates from free zone universities.
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Posted on 24/06/2018

UAE, Kuwait most vulnerable for cyberattacks in the Gulf

Dubai: The UAE and Kuwait are among the most vulnerable for cyberattacks among the Gulf Cooperation Council Council countries in the first quarter, according to a report by cybersecurity firm Trend Micro. Both these countries are rated first and second in …
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Posted on 24/06/2018

UAE plans to invest $75 billion in India, says nation’s foreign minister

It shows the UAE’s desire for its relationship with India to be multifaceted: not only political but also one steeped in strong economic, cultural, and technological ties. I hope to engage the business community in Chennai, Hyderabad, and Mumbai …
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Posted on 24/06/2018

UAE Cabinet issues new rules to regulate dairy, beverage products

The UAE has issued two new resolutions to regulate dairy and beverage products in the country. The new rules were issued by UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum. The first resolution, which will monitor milk and dairy …
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Posted on 24/06/2018

UAE to establish embassy in Maldives

UAE President Sheikh Khalifa bin Zayed Al Nahyan has issued a decree to establish an embassy in the Maldives. The embassy will be headquartered in Male, the capital of the island country, official news agency WAM reported. The UAE shares strong ties with …
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