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July 2018 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

July 18, 2018 no comments 982
“It is certain that the country will soon make use of game-changing technologies" Dubai: The UAE has ranked first in the Middle East and North Africa (MENA) region in terms of innovation, which was reflected in its value-added tax (VAT) legislation, according to a report released by Global...

July 18, 2018 no comments 896
Abraaj’s troubles began after allegations of money misuse Dubai: Emirates NBD has announced its exposure to The Abraaj Group through an AED 78.24 million ($21.3 million) investment in the ailing private equity firm’s asset management business. The Dubai-listed company also revealed an...

July 18, 2018 no comments 762
5,181 active brokers, representing 2,113 offices, contribute to the growth of the sector DUBAI - Dubai Land Department, DLD, has announced that the real estate brokerage commissions reached AED571 million during the first half of 2018, with a total of 5,181 active brokers, representing...

July 18, 2018 no comments 805
The banks’ cost to income ratio (C/I) improved UAE banks continue to perform well, with higher levels of profitability and liquidity is expected to remain healthy for the remainder of 2018, according to Alvarez & Marsal. The report shows that deposits grew at a similar rate (1.41 per...

July 17, 2018 no comments 736
TV network will use the new base at MarketSite, part of Nasdaq Dubai's new offices in the Dubai International Financial Centre CNBC, the world's number one business and financial news network, has announced the expansion of its Middle East operations with a new studio set to open in...

July 17, 2018 no comments 763
The emirate continues to attract businesses and investors as a competitive hub for sustainable business development The Department of Economic Development (DED) in Dubai issued 1,185 new licences and concluded more than 19,850 transactions in June. The latest data, recorded on the...

July 17, 2018 no comments 1008
The Institute of International Finance has raised the projected UAE real GDP growth from 2.1% to 2.4% for 2018 UAE - High crude prices, increased production and stimulus initiatives will boost economic growth of the UAE and other oil-exporting GCC countries in 2018-19, according to global...

July 17, 2018 no comments 826
Turbine testing begins at the M-Station expansion project in Jebel Ali, which is the largest electricity generation and water desalination plant in the UAE Dubai Electricity and Water Authority (DEWA) has started testing the turbines in the M-Station expansion project in Jebel Ali, which...

July 17, 2018 no comments 904
Majid Al Futtaim unit says opening is key part of plan to open 600 screens in Gulf kingdom over the next five years UAE-based Majid Al Futtaim Cinemas on Monday announced it will open the first multiplex in Jeddah at Red Sea Mall by December. The announcement marks a major milestone for...

July 17, 2018 no comments 892
dubizzle Motors and InsuranceMarket.ae reveal data showing change in gross premiums for Ford, Honda, Mitsubishi, Nissan, and Toyota in the UAE Car insurance for some of the most popular car brands in the UAE have fallen by 8 percent over the past year, according to new research....
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