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Tag: business

Posted on 23/04/2017

Hotel insider: Steigenberger Hotel Business Bay, Dubai

After some confusion finding the valet parking service – the entrance is not where you would expect and signage is not straightforward – when I eventually pull up, I am attended to promptly and efficiently. At the reception counter, I’m greeted with …
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Posted on 19/04/2017

UAE ranked among top global destinations for FDI

The UAE has also pledged to continue to advance its technological readiness and deepen its commitment to innovation. The government’s recent efforts show signs of gaining significant traction. In the World Bank’s Doing Business 2017, the UAE is …
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Posted on 19/04/2017

How to curb soaring inpatient costs in the UAE

UAE authorities estimate that 5 per cent of all paid health … In 2014, researchers from Harvard Business School made the observation that surgeon productivity is drastically reduced by only having one operating room available to them.
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Posted on 18/04/2017

UAE business confidence rebounds strongly in first quarter

Dubai: Business confidence in the UAE has rebounded strongly and hit its highest level since 2015, indicating that companies are feeling more positive about the economy and expanding their headcount. According to the latest edition of the Global Economic …
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Posted on 18/04/2017

Cost of sending money: What you need to know

Dubai: The recent increase in the cost of money transfers from the UAE will not affect the majority of expatriates who make a beeline at exchange houses every payday. Remittance service providers in the UAE have recently increased their transaction charges …
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Posted on 18/04/2017

Dubai Holding appoints new CEO, denies any merger plans

His comments came as Dubai Holding presented its new business model to Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai. The conglomerate will establish a new organisational structure, a debt management programme, focus on growth in …
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Posted on 17/04/2017

UAE expats to pay more for sending money home

A few leading money exchange houses in the UAE have increased remittance fees by between seven and 10 per cent to “cope with the rising cost” of doing business. Fee for remittance below Dh1,000 has been increased by Dh1, up from Dh15 to Dh16, and for …
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Posted on 17/04/2017

Dubai's popularity as Mice destination grows

Through 2016, DWTC’s Dubai International Convention and Exhibition Centre (DICEC) venue hosted 298 Mice and business events, including over 100 mega-events, delivering a record 3.03 million attendees, delegates and visitors to these events, reflecting …
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Posted on 17/04/2017

UAE to develop three projects worth Dhs171m in Sharjah, Umm Al Quwain

The UAE’s Ministry of Infrastructure Development is developing three projects worth Dhs171m in Sharjah and Umm Al Quwain, official news agency WAM reported. The projects include two projects for the Ministry of Interior and one for the Ministry of …
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Posted on 17/04/2017

$1bn UAE mall partners with Majid Al Futtaim unit

Abu Dhabi’s upcoming fashion, entertainment and dining destination, the $1-billion Reem Mall, has signed a leasing agreement with Majid Al Futtaim Ventures, the leisure, entertainment, fashion and business arm of UAE-based conglomerate Majid Al Futtaim …
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Posted on 17/04/2017

UAE among world's top 'safest' countries

The report said the UAE, which welcomed 14.4 million international visitors in 2015, four million more than two years earlier, continues to offer an outstanding business environment to invest in T&T activities (5th), with advanced ICT readiness (15th …
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Posted on 16/04/2017

Dubai Government to end paper transactions in 2021, says Crown Prince

The Government of Dubai will stop issuing paper transactions from 2021, as the emirate moves into its next phase in sustainable development with the Smart Dubai 2021 initiative. Launched by His Highness Hamdan bin Mohammed bin Rashid Al Maktoum …
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Posted on 12/04/2017

Dubai business conditions strongest in two years – study

Dubai’s business conditions improved in March thanks to growth in output, new orders and increasing employment opportunities. The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction …
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Posted on 12/04/2017

How Dubai’s coffee entrepreneurs are supporting sustainable farming

Vision talks to the founders of the UAE’s first roastery about their special journey into the heart of Myanmar to export the first batch of specialty coffee available outside the US Burn the MBA handbook, for lack of business experience does not preclude …
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Posted on 11/04/2017

Dubai business conditions at best in two years, study says

A gauge of the Dubai economy says the emirate’s business conditions improved in March amid gains in output, new orders and employment. The latest Emirates NBD Dubai Economy Tracker says that the wholesale and retail, travel and tourism and construction …
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Posted on 10/04/2017

Dubai’s private sector sees strongest growth in two years

Dubai’s private sector recorded a surge in business activity in March, posting the strongest growth in two years, according to the monthly survey by Emirates NBD. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index rose to 56.6 in March …
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Posted on 10/04/2017

Meet the Irishman who built his fortune in Dubai

Setting up the business so it could begin work proved to be a challenge in itself. “The Dubai authorities didn’t make it easy. There were layers of bureaucracy,” Barry says. “The government was only beginning to develop the city and other infrastructure …
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