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  • UAE non-oil foreign trade grows 27% to $245bn in H1

    UAE non-oil foreign trade grows 27% to $245bn in H10

    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

    Why talent is the ‘bread and butter’ of the future0

    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

    Why the UAE’s finance, insurance advisors should be prepared for change0

    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

    Dubai-based Orzu Hospitality looking to ramp up openings0

    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

    Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee0

    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

    Emirates expecting over 190,000 passengers through Dubai hub this weekend0

    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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