UAE Business

UAE non-oil foreign trade grows 27% to $245bn in H1 0
- UAE Business
- October 15, 2021
Study by the Ministry of Economy on the preliminary data of non-oil foreign trade activities revealed that the value of the UAE’s gold exports exceeded 19.1bn in H1 2021 Non-oil foreign trade in the UAE witnessed growth of 27 percent in the first half of the year compared to the corresponding six months in 2020
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Why talent is the ‘bread and butter’ of the future 0
- UAE Business
- October 15, 2021
Over the past 20 years, Dubai Internet City (DIC) has built a comprehensive ecosystem around fostering technology-related business and is now reaping the rewards of its efforts through the international tech start-ups it is attracting – with online payment solution Stripe the latest example – re-enforcing the quote “if you build it, they will come”.
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Why the UAE’s finance, insurance advisors should be prepared for change 0
- UAE Business
- October 15, 2021
Change is brewing in the UAE’s regulatory landscape for insurance-based companies and investment advisors, according to a leading industry expert. And as the sector develops, and more financial advisory firms set up shop in the Dubai International Financial Centre (DIFC), there is a need for clarification on the rules, David Kneeshaw, group CEO of IFGL,
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Dubai-based Orzu Hospitality looking to ramp up openings 0
- UAE Business
- October 15, 2021
Orzu Hospitality Group launched its third venue in Dubai this week, but founder Mirzo Hafizov admitted there should have been more. Almost a year since Zor and AKA opened their doors at The Pointe on Palm Jumeirah, they have been joined by Mediterranean-esque, karaoke lounge Zroom. In a previous interview with Arabian Business 12 months
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Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee 0
- UAE Business
- October 15, 2021
A unit of Abu Dhabi’s Mubadala Investment Co. has acquired one of the largest Taco Bell Corp. franchisees in the US, underscoring the $243 billion sovereign wealth fund’s growing appetite for private equity deals. Mubadala Capital, the fund’s asset management arm, bought K-Mac Holdings Corp. from Lee Equity Partners Opportunities Fund, according to a statement
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Emirates expecting over 190,000 passengers through Dubai hub this weekend 0
- UAE Business
- October 15, 2021
More than 430,000 passengers are scheduled to arrive on Emirates flights through to October 28 Dubai-based Emirates Airline has revealed that it is expecting over 190,000 passengers to be arriving and departing through Terminal 3 at Dubai International Airport this weekend. As schools close for the mid-term break, the carrier said it expects Friday (October
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