‘Dubai Business’ Archives
Etihad details us $750 million investment package at Dubai Air Show
Etihad Airways, the national airline of the United Arab Emirates, will highlight a US $750 million investment in its workforce, fleet, in-flight service and planning and resourcing systems at this week’s Dubai Air Show. The airline, which earlier in the month celebrated its sixth anniversary, said the investments would address key [...]
Dubai Gold Sales Crash As Prices Jump and Economy Slumps
The City of Gold is reeling from a collapse in demand for the yellow metal brought on by higher prices, the world’s worst property crash and lower spending by fewer tourists. New figures for the third quarter from the World Gold Council reveal a 39 per cent slump in demand for gold for jewelry in the UAE of which Dubai is the commercial [...]
New trader starts business in Computer Street
IT trading might be one of the toughest businesses to be in at the moment, but that has not discouraged one reseller from setting up a new venture in the Dubai market. Business Point, an Omani PC dealer founded six years ago, has launched an operation in Dubai's ‘Computer Street' district to target re-export sales in the GCC, CIS and [...]
Dubai Surrenders Autonomy as Crisis Bolsters Oil-Rich Abu Dhabi
By Henry Meyer and Zainab Fattah Nov. 24 (Bloomberg) -- Until last month, a billboard at one of Dubai’s busiest roundabouts featured one photo, of Dubai ruler Sheikh Mohammed Bin Rashid Al Maktoum. The new billboard says “Long live our Emirates union” and also shows United Arab Emirates President Sheikh Khalifa Bin Zayed al [...]
UAE mulls new laws to boost domestic trade
The UAE government is keen to develop enhanced commercial and economic laws to meet the evolving needs of domestic business sector, improve investment climates, and support market competitiveness, said Minister of Foreign Trade (MoFT). Sheikha Lubna Bint Khalid Al Qasimi was addressing the officials of the Federation of UAE Chambers of [...]
Dubai tightens business control
Bloomberg/Dubai Dubai ruler Sheikh Mohamed bin Rashid al-Maktoum has consolidated his hold on the emirate’s vast business empire, downgrading powerful figures behind the emirate’s boom that turned to a bust. Sheikh Mohamed on Friday sacked the governor of the Dubai International Financial Centre, Omar Bin Sulaiman, who had led efforts to [...]
Unfinished business in Dubai
Welcome to a real-life oasis. Glorious verdant green peppered with brilliant white bunkers, dappled with deep blue water and surrounded by luxurious abodes with the unmistakeable aroma of unlimited pots of cash in the desert. Well that's how it was supposed to be in these parts this week, but it hasn't quite panned out that way. Yes the [...]
Dubai Aluminium bags Oracle Business Intelligence award
Reflecting the company's passion for innovation, coupled with a belief in leveraging technology to obtain maximum benefit, Dubai Aluminium Company Limited has been awarded an Oracle Business Intelligence/Enterprise Performance Management Innovation Award by Oracle. The award was presented to Mr Ahmad M Almulla Dubal's VP of Information [...]
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Down to business for Norman
Greg Norman may be known as the Great White Shark, but when it comes to the world of business he is far from a fish out of water. With a golf course design company, signature clothing label, a property firm and myriad other ventures that include a winery and a steakhouse, the Australian is well aware of the implications the economic [...]
