business

  • UAE Organizations Urged to Adopt European Regulations in Summer 2017

    With two-thirds of global organizations ramping up compliance to European Union data privacy regulations, the UAE faces growing urgency to adopt information management solutions this summer for compliance and better business decision-making.

  • UAE patients are the highest spending medical tourists in South Korea

    A recent report from the Korea National Tourism Organization shows that more than 3,562 tourists from the UAE had visited Korea for medical purposes in 2016--reflecting a 20.9 per cent increase as compared to the previous year. As such, a total of 364,189 tourists coming from 190 countries were recorded to have visited South Korea for medical treatments and services last year, showing an increase of 22.67 per cent. Looking to build on the growing reputation of Korea as a highly preferred medical destination, the Korea National Tourism Organization has revealed its move to host this year's edition of the Korea Medical & Wellness Travel Mart in Dubai, which will be held from September 22 to September 23, 2017 at the Intercontinental Dubai Festival City Hotel. 

  • UAE Pavilion highlights role of women in industry

    UAE-based industries are playing a leading role in employing women and advancing capacity development agendas among women, said H.E. Ali Majed Al Mansoori at the UAE Pavilion at Hannover Messe, ahead of the WoMenPower conference.

  • UAE Private Wealth Projected to Experience Strongest Growth in the GCC with an Expected CAGR of 7.4% Over the Next Five Years, BCG Report Reveals

    Private wealth growth in the United Arab Emirates (UAE) witnessed a significant increase in 2016 (8.3 percent); it continued to lead GCC private wealth growth according to a new report by The Boston Consulting Group (BCG), Global Wealth 2017: Transforming the Client Experience, being released today. In the UAE, the growth of private wealth was driven primarily by equities. In 2016, the amount of wealth held in equities increased by 9.3 percent, in comparison to cash and deposits at 8.4 percent and bonds at 3.8 percent.

  • UAE RANKS IN GLOBAL TOP 10 FOR ONLINE SME & START-UP SEARCHES

    The United Arab Emirates has ranked in the top 10 countries globally for online searches of the term “how to start a business in…”, according to a recent report from SEMrush, the leading online digital marketing suite.

  • UAE rapidly developing 3D printing capabilities with Dubai-based Immensa being certified for Metal 3D printing

    Immensa Technology Labs (Immensa), the UAE’s leading Additive Manufacturing (AM or 3D printing) company, is proud to announce that 10 members of its team have graduated from the leading Additive Manufacturing global company ‘Additive Minds’ and is now certified and qualified to work with metal 3D printing. This certification makes Immensa the largest and most qualified team in the region to  work on Metal 3D Printing and puts it on par with global players.

  • UAE Real Estate Predictions for 2018

    As we now close the books on Q4 of 2017 and reflect on the most recent quarter, it’s clear that  major political events to the west, and OPEC oil controls limiting production, have put pressure on and spooked the UAE market .

  • UAE remains lucrative destination for Brazilian investors

    The Arab-Brazilian Chamber of Commerce (ABCC) has revealed that Brazilian investors are attracted to the UAE, particular the ease of doing business in the country and its lucrative business opportunities. This comes after the UAE’s recent number one ranking in the MENA region on the World Bank’s annual Ease of Doing Business Report for 2016. The strong appeal of doing business in the UAE will further strengthen the trade relations between the two countries that have witnessed robust growth at all levels over the years.

  • UAE residents offered free screening by American Center for Psychiatry and Neurology through month-long campaign to tackle eating disorders

    Mental health experts in the UAE are emphasizing the importance of being screened for health risks such as anorexia, bulimia and binge-eating, as they offer free tests to UAE residents during National Eating Disorders Awareness Week with the aim of changing – and even saving – lives.

  • UAE residents should only invest with financial experts

    Long-term financial planning is crucial for residents of the UAE, especially those attempting to maximize on their earning years in the country, yet few seek suitably qualified financial advisers before investing.

  • UAE Takes Lead In Setting Food Safety Standards Across Middle East Region

    As nations across the Middle East, Africa and South East Asia (MEASA) region work to implement food safety standards through their respective food supply chains, the manufacturing, food processing, packaging and logistics sectors play a particularly important role in improving, supporting and driving quality control measures within their areas of expertise. With its strategic position as a key trading hub for the global food industry, Dubai is well placed to take the lead in improving and aligning food safety standards across the region.

  • UAE TENDERS OPENS A WIDE NETWORK FOR ONLINE BIDDING

    UAE Tenders, the first comprehensive online bidding platform, was recently launched with the purpose of boosting corporate income in easier and economical ways. The website is considered as a wide network that links buyers to suppliers across the UAE.

  • UAE tile market to grow 12% by 2020, driven by Expo2020 construction boom

    The UAE’s continued construction boom ahead of Expo 2020, has driven demand for ceramic tiles to increase by almost 70% and, with almost 40% of tiles imported from overseas, this poses huge opportunities for international manufacturers to win contracts on prestigious UAE projects.

  • UAE to exhibit at world’s leading manufacturing industry trade fair

    For the tenth consecutive year local industry and government bodies will exhibit at Hannover Messe, the world’s largest manufacturing industry trade fair, being held April 24 – 28 in the German provincial capital.

  • UAE to lead the world in VAT innovation

    A recent report by Global Innovation Index 2017 stated that UAE ranks 1st in MENA region in terms of innovation. The United Arab Emirates has always adopted an innovative methodology, noting that innovation has become a future necessity for the development of world nations. And with the introduction of Value Added Tax (VAT) this year, UAE is all set to incorporate innovation across VAT legislations to be able to lead as a global VAT player.

  • UAE women entrepreneurs respond overwhelmingly to Sharjah Tatweer Forum’s support programs

    Sharjah Tatweer Forum (STF), a youth-empowerment organization offering programs and activities to support young leaders and entrepreneurs to either establish start-ups or expand existing businesses, has received overwhelming response from its women members. Women have taken the lead in all of its support programs, including leadership, innovation and entrepreneurship, as well as participated in overseas international conferences with the aim of enhance their knowledge, skills and talent. In fact, two of STF’s five founding members and three out of its seven board members are women.

  • UAE-ARGENTINA BUSINESS PLATFORM LAUNCHES OPERATIONS IN in JEBEL ALI FREE ZONE

    As part of efforts to strengthen trade ties between the UAE and Argentina, the Emirates Argentina Business Platform is to open its office in Jebel Ali Free Zone (Jafza).

  • UAE-based blockchain trading platform launches secure cryptocurrency wallet with cash deposit service

    A digital currencies wallet and trading platform which offers an additional cash deposit service today launched in the UAE.

    Bitex UAE offers customers multiple cryptocurrencies including Bitcoin, Ethereum, Litecoin and Bitcoin Cash at competitive rates for buying, selling and trading.

  • UAE-based Fintech Startup Monami Tech Closes $1 Million Series A Round In Cross Border Investment

    Monami Tech, the award-winning UAE-based Fintech payments company, has successfully closed seed funding of USD$1 million. This is the first tranche of a total Series A round which is expected to raise over USD$3 million and will close over the next 90 days.

  • UAE-BASED FVC APPOINTS NEW CEO TO DRIVE MEA GROWTH STRATEGY

    FVC, one of the region’s leading value-added distributors (VAD), has appointed Sanjay Ahuja as its new CEO. Ahuja will focus on delivering leadership, growth and development of the company’s expansive regional operations, which count more than 350 major enterprise customers in 50-plus Middle East and African markets.