Tag: business

Dubai’s ability to attract foreign direct investment and sustain its ranking among the top 10 in the world is no mean feat. Especially so when global growth remains weak and volume of foreign direct investment continues to fall worldwide. Last year, the …
( read original story …)

---

Dubai’s competitive business environment that creates unique and diverse opportunities for foreign investors stems from the vision and directives of Their Highnesses, he said.
( read original story …)

---

The Department of Economic Development lays down acceptable legal structures for companies based in Dubai. The rules and regulations for each of these vary accordingly and the categorisation is based on the ownership of the firm. If you are a foreign …
( read original story …)

---

Dubai, as a city of the future that embraces talent, innovation and new business models, continues to inspire a new generation of companies that rely on modern technology and seek competitiveness. Eye on future Shaikh Hamdan said that Dubai’s FDI …
( read original story …)

---

Last week the Dubai Financial Market General Index (DFMGI) was up 19.00 or 0.55 per cent to close at 3,480.43. Although not a big move, this was the best performance in seven weeks. For five of the past seven weeks the index was down while it was flat for …
( read original story …)

---

He may be the Crown Prince of Dubai, but Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum (more commonly known as “Fazza”) is certainly the king of Instagram. The 34-year-old allows his 5.1 million followers — and 2.41 million on Twitter — to get a …
( read original story …)

---

Vice announced its arrival with a party on Wednesday at the glitzy Armani Hotel in the world’s tallest tower, the Burj Khalifa, in Dubai, the global trade hub where the New York-based company will set up its regional headquarters. Vice reckons the region …
( read original story …)

---

The maximum speed limits on two of Dubai’s major roads is set to be reduced, it was revealed on Wednesday. Dubai’s Roads and Transport Authority (RTA) and Dubai Police announced that the maximum speed limit on Emirates Road and Sheikh Mohammed Bin …
( read original story …)

---

Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar’s Emaar Malls. The value and terms of the agreement, which deal adviser Goldman Sachs called “the biggest-ever …
( read original story …)

---

Dubai: Dubai Media City intends to get right in the middle of connecting the media enterprises within the free zone to start talking to each other. “They are so good at communicating on behalf of their clients… but there’s not much of that happening …
( read original story …)

---

Dubai developer Emaar has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour, it announced on Monday. Launched in April last year, the $1bn mixed-use building will …
( read original story …)

---

At the event, Hamad Bu Amim, president and chief executive officer of the Dubai Chamber, said the law will also improve ease of doing business in the UAE, and is likely to boost business confidence. The UAE’s government late last year issued the …
( read original story …)

---

Emirates has been expanding its business into the US for several years and now flies direct from Dubai to 11 cities in the country. “The US operation is becoming progressively more important. It’s about 11% to 12% of what we do at the moment — growing …
( read original story …)

---

Dubai: The Dubai Ruler’s Court has given its final ruling in a 17-year-old case, ordering a business owner to pay his nephew Dh6.8 million for having denied the latter his claim to 25 per cent of profits as a partner in his business. The Expertise and …
( read original story …)

---

Business owners of small- and medium-sized enterprises in the UAE remain optimistic about their growth prospects this year, according to a survey conducted by Meed, a business intelligence service provider in the Middle East. Of the 138 SMEs that …
( read original story …)

---

The council has more than 3,000 business ventures and is an appropriate forum to showcase Pakistan’s trade talent in the UAE The potential for business and investment between Pakistan and the UAE is enormous. Both governments, as well as trade bodies, have …
( read original story …)

---

Dubai International Airport’s duty free operator estimates that it will lose about $2-million in sales this year from the ban on carrying most electronic devices on United States-bound flights, a senior executive said on Thursday. Under new security …
( read original story …)

---