‘Dubai Business’ Archives
Dubai business leaders set up group for education
Dubai Chamber of Commerce and Industry has set up a new business group to represent private schools in Dubai. The Dubai Private Schools Group (DPSG) has been formed “to support the private education sector of Dubai by enhancing the overall quality of education and encouraging progressive growth policies”. Membership is open to all [...]
GLOBAL TRAVEL INDUSTRY PLAYERS GET UPDATES ON DUBAI TOURISM OFFERINGS AT WTM-2009
The Dubai Department of Tourism and Commerce Marketing (DTCM) is utilizing its 20th successive year participation in the World Travel Market (WTM) in London to update the global travel and tourism industry players about Dubai's diverse tourism offerings and how its business landscape remains as attractive as ever before. Measuring 616.84 [...]
Business leaders bullish on Q4
Shveta Pathak on Wednesday, November 11, 2009 Dubai business leaders are more bullish in their expectations regarding business prospects for the last quarter of the year, results of the latest Monthly Business Leaders Survey of September conducted by the Dubai Chamber of Commerce and Industry have shown. Even as liquidity continues to [...]
UAE COST OF LIVING REPORT: BUSINESSES PROFIT FROM FALL IN RENTS
Dubai-based companies have been able to profit from the downturn as their overheads plummet from 2008 levels, with a deceptive 20% average growth rate in office rental prices nationally fuelled by increased interest in Abu Dhabi. 'In a December 2008 study of 57 countries by real estate broker Cushman and Wakefield, Dubai had risen from eighth [...]
BUSINESS LEADERS VOICE FAITH IN CITY
Dubai: Business leaders and senior government executives yesterday reaffirmed confidence in Dubai's economic future. Delivering a keynote address at the Mena and Frontiers Conference in Dubai organised by Bank of America Merrill Lynch on Monday, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the [...]
QE2′S FINAL DESTINATION STILL UNDECIDED
DUBAI - The final destination of the historic Queen Elizabeth 2 luxury ship, which Dubai bought in 2007 for $100 million, is still up in the air, months after developer Nakheel, part of the emirate's sprawling enterprise Dubai World, confirmed it was set to sail to Cape Town. "We are evaluating different options for QE2 and we haven't [...]
AVRO BUSINESS JET MAKES ITS DEBUT AT DUBAI AIR SHOW (10 NOVEMBER 2009)
BAE Systems is displaying an Avro Business Jet (ABJ) for the first time at the Dubai Air Show (November 15-19). The ABJ is an RJ70 delivered in late 2008 to Bulgaria Air after conversion at Inflite Engineering Services at London-Stansted Airport. Featuring an interior designed by Design Q of the UK, the aircraft is operated on behalf of the [...]
RBC EXPANDS PLAN ADMIN SERVICES IN DUBAI
UNITED ARAB EMIRATES – Royal Bank of Canada has expanded its corporate pension trustee and administration business to the Middle East by bringing in two new hires in Dubai. he firm said it has seen "increased interest in employee retention and retirement planning" in the area. Simon Stirzaker and Rola Azab joined RBC Corporate Employee [...]
UAE LAGS SAUDI IN BUSINESS CONFIDENCE
DUBAI — Senior executives in the UAE are much less confident about their economic prospects than their counterparts in Saudi Arabia, and they are almost twice as dissatisfied with their government’s response to the financial crisis, a fresh survey of business confidence in the Gulf has found. On the other hand, Gulf executives who [...]
Lacklustre Bidding Sinks Property Auction
Lacklustre Bidding Sinks Property Auction Aruna Urs 7 June 2009 DUBAI — A property auction by Sherwoods failed to lure buyers despite drawing a large crowd. The failure of the second such event in as many weeks also raised questions about usefulness of auctions to bridge the growing gap of expectations between buyers [...]
