Operational management revenues of business process outsourcing (BPO) and cloud services in the UAE touched $876.9 million (Dh3.2 billion) in 2017, with projections to reach $976.1 million in 2018, and $1.195 billion in 2020, a report said. The outsourcing …
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Dubai Holding, Properties appoint new CEOs
Read: Dubai Holding appoints new CEO, denies any merger plans Dubai Holding has assets worth Dhs130bn ($35.40bn). Its portfolio companies own business hubs, hotels, resorts as well as telecommunications and financial services assets.
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UAE embassy warns citizens of record-breaking Russian blizzard
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Prime Minister Narendra Modi To Visit UAE To Boost Ties
Dubai: Prime Minister Narendra Modi is set to visit the UAE later this week which authorities and business leaders say signifies the special importance India attaches to its ties with the oil-rich nation and will help in furthering cooperation in …
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Dubai aims to be completely paperless
Dubai: Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, launched the ‘Dubai Paperless Strategy’ during a visit to the Smart Dubai Office headquarters in Dubai Design District. The new …
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Injecting new government investments will lessen VAT impact on business: study
The Alliance Business Centres Network, ABCN, has affirmed that the UAE is the least affected globally and regionally when it comes to imposing the value added tax, VAT, on business sectors, which makes its investment environment constantly competitive for …
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PM Modi to visit UAE to boost ties
Prime Minister Narendra Modi is set to visit the UAE later this week which, authorities and business leaders say, signifies the special importance India attaches to its ties with the oil-rich nation and will help in furthering cooperation in diplomatic …
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PM Modi to visit UAE on Feb 10 to boost ties
Prime Minister Narendra Modi is set to visit the UAE later this week which authorities and business leaders say signifies the special importance India attaches to its ties with the oil-rich nation and will help in furthering cooperation in diplomatic …
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Dubai airport retains position as world’s No. 1
DUBAI: Dubai International (codename: DXB) has retained its position as the world’s No. 1 airport for international passengers for the fourth consecutive year — with annual traffic for 2017 reaching 88.2 million passengers, according to the annual …
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Dubai Properties CEO resigns
Dubai Properties is part of the Dubai Holding Group. It has a number of residential, retail and commercial developments, with projects located in areas ranging from Jumeirah Beach Residence (JBR) to Business Bay. They include Dubailand, Culture Village …
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Traffic toll gates coming to Abu Dhabi soon
Abu Dhabi: Traffic tolls will shortly be introduced in Abu Dhabi to ease traffic on certain roads, according to a law issued by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan. The Department of Transport will be in charge of determining the …
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Indian hits Dh10 million jackpot in Abu Dhabi draw
Dubai: A lucky Indian has made himself millions of dirhams richer this morning after hitting the jackpot in the latest Big Ticket Draw in Abu Dhabi. Sunil Mappatta Krishnan Kutty Nair who lives in Abu Dhabi will walk away with Dh10 million, the second …
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Traffic tolls coming to Abu Dhabi soon
Abu Dhabi: Traffic tolls will shortly be introduced in Abu Dhabi to ease traffic on certain roads, according to a law issued by President His Highness Shaikh Khalifa Bin Zayed Al Nahyan on Sunday. The Department of Transport will be in charge of …
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Dubai keeps rank as world’s busiest international airport
DUBAI, United Arab Emirates — Dubai International Airport says it has held on to its No. 1 ranking as the world’s busiest airport for international travel, after seeing some 88.2 million passengers in 2017. The airport offered the statistics in a …
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CRYPTOCURRENCY NEWS: Ripple jubilant as major international bank adopts their platform
Litecoin news: When does LitePay launch … MoneyGram and now the National Bank of Abu Dhabi. Ripple is an especially useful tool in UAE because the in terms of remittance sending nation has the fourth largest amount of cross-border cash transfers in …
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Abu Dhabi’s ADIB posts record net profit in 2017
Abu Dhabi Islamic Bank (ADIB) has reported a record net profit … 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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VAT to help lift UAE industries
Conducted by the Alliance Business Centers Network (ABCN), the study noted that the UAE has the lowest VAT rate at five per cent – along with Taiwan – in the Arab world, and globally too. Singapore and Switzerland have levied VAT at seven per cent and …
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