November 4, 2020

Strong third-quarter bolsters Dubai Investments’ nine-month 2020 profits of Dh391.63m

in Business, Industry News, News

The operator of Dubai Investment Park saw rental income hold fairly steady despite a tough operating environment. Image Credit: Gulf News Archive Dubai: Dubai Investments recorded a solid Dh204.88 million in profit for the third quarter, which ensured the nine-month 2020 profit did not slip much behind last year’s total. In the first nine months […]

November 4, 2020

Equity futures surge as investors see a potential Trump win

in News, Business, Industry News

Traders on the floor of the New York Stock Exchange. Markets across the world has turned highly volatile as the US election turned an agonisingly close race with no clear winner yet in sight. Image Credit: AP New York: US stock futures jumped late on Tuesday as President Donald Trump appeared to be doing better […]

November 4, 2020

Central Bank of UAE issues new regulation on Stored Value Facilities

in News, Business

The Cental Bank of UAE has issed a new regulation on Stored Value Facilities (SVF) to support the development of digital payment services in the UAE. Image Credit: Gulf News Archives Dubai: The Cental Bank of UAE has issed a new regulation on Stored Value Facilities (SVF) to support the development of digital payment services […]

October 28, 2020

Dubai airport prepares for ‘slow recovery’

in News, Business, Industry News

DUBAI: Dubai International Airport, the world’s busiest for international travel, is getting busier. But it’s a long way from what it once was amid the coronavirus pandemic as it prepares for a possible “extended, slow recovery,” its CEO told The Associated Press. After long-haul carrier Emirates drastically cut its flights in March and slowly resumed […]

October 16, 2020

Israel-UAE peace deal ‘big’ for trade in Middle East

in Business, News

Israel’s peace deals with the UAE and Bahrain are “going to be big” for business and trade in the region, one of the most influential businessmen in the Middle East has told the BBC. Sultan Ahmed bin Sulayem, the chairman and CEO of Dubai-based DP World, says they will remove barriers to business links previously […]

October 15, 2020

Average office rents in Dubai fall in nine months

in Business, News

There are estimated to be 25 active projects within Dubai, with delivery dates up to 2024. Prime office rents in Dubai fell by an average 6.5 per cent the first nine months of 2020, according to the latest market update by Knight Frank Middle East. Over the first three quarters, Dubai’s office market recorded average […]

September 21, 2020

Al Habtoor to tap into Israeli market with partnerships

in Business, Industry News

The UAE-Israel peace accord will present great opportunities for both sides by opening up new doors, said Khalaf Ahmad Al Habtoor, founding chairman of Al Habtoor Group (AHG). Al Habtoor, announcing his group’s plan to open a representative office in Israel, said AHG is preparing to reveal a few collaborations with Israeli companies in the […]

September 21, 2020

DMCC extends huge support programme

in Business

The Dubai Multi Commodities Centre (DMCC) announced an extension to its Business Support Package until October 20. The programme, aimed at helping DMCC-based companies to better navigate the turmoil unleashed by Covid-19 epidemic, comprises a wide range of discounts and waivers to support the DMCC’s registered companies, the commodities trading hub said in a statement. […]

September 19, 2020

UAE startups unearth ‘greatest’ innovations amid pandemic

in Industry News, Business

Government has central role to play hand-in-hand with entrepreneurs in directing new economic landscape The coronavirus pandemic has adversely impacted businesses of many SMEs and startups, but it has seen some great innovations to counter the crisis, a top official from startAD said in Abu Dhabi. StartAD is an Abu Dhabi-based global accelerator steering seed-stage […]

July 5, 2020

Dubai Chamber and Dafza collaborate to connect digital services

in Business

The Dubai Chamber of Commerce and Industry has announced that it is cooperating with the Dubai Airport Freezone Authority (Dafza) to connect the two organisations’ digital services in a move that will further improve Dubai’s ease of doing business. Under the terms of the new partnership, companies can register as Dubai Chamber members, or renew […]

Strong third-quarter bolsters Dubai Investments’ nine-month 2020 profits of Dh391.63m

Equity futures surge as investors see a potential Trump win

Central Bank of UAE issues new regulation on Stored Value Facilities

Dubai airport prepares for ‘slow recovery’

Israel-UAE peace deal ‘big’ for trade in Middle East

Average office rents in Dubai fall in nine months

Al Habtoor to tap into Israeli market with partnerships

DMCC extends huge support programme

UAE startups unearth ‘greatest’ innovations amid pandemic

Dubai Chamber and Dafza collaborate to connect digital services

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