Category Archives: UAE Business News

UAE Business News: Abu Dhabi, Dubai, Ajman, Fujairah, Ras al-Khaimah, Sharjah, Umm al-Quwain

Al Basel Group’s new jewelry business in KSA to boost localization efforts

  • The opening of Albairaq for Diamonds and Jewelry in late 2018 to provide more than 50 percent job opportunities to Saudi nationals
  • Group eyes investments in KSA’s thriving education sector in line with Saudi Vision 2030

Al Basel Group, one of the leading groups of companies in the UAE that offers a range of specialized services for high-profile clients, announced its plans to launch a new jewelry business in the Kingdom of Saudi Arabia (KSA) in line with its expansion plans in the region. read more

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Dubai FDI partners with VFS Global to ease foreign investors licensing

Leading specialist for government documentation to assist investors in facilitating requirements read more

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New lifestyle-concept showroom in Dubai to cater to the growing demand for customized solutions. Alshaya Enterprises expands presence in the UAE

Mr. Ayman Alshaya inaugurates the new Alshaya Enterprises Showroom in Dubai read more

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Salim & Sons Group to capitalize on growth opportunities in the region

Salim & Sons group was established in 1987 and delivers products and services across a vast number of sectors through its subsidiaries – Three Stars foam factory; Sleep Fine; Premiere Furniture (Restonic); Top Line Furniture Industry; Deyar Real Estate; Suwaidi Gulf General Transport; Al Jawal Contracting Company; KSS Contracting; Al Muadalah Chemical Material Trading and BMA studio. The companies work closely with their business partners in the MENA region and continue to forge new partnerships to further explore new business dimensions while building on brand awareness. With innovation as the core focus of its customer and diversification strategies, the group continues to expand its portfolio in the region, keeping pace with the UAE’s rapid evolution and progress. read more

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Dubai FDI organises economic mission to Australia to boost trade ties

Five-day roadshow to meet public & private organizations focused on technologies, healthcare, agriculture, aerospace, transportation & infrastructure read more

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RAK Insurance wins ‘2018 UAE Medical Insurance Company of the Year Award’ at the Frost & Sullivan Middle East Best Practices Awards Banquet

Ras Al Khaimah National Insurance Company (RAK Insurance) has more than 4 decades of experience in medical insurance with numerous offerings catering to both individuals and corporates. RAK Insurance offers the largest medical insurance offering to group clients with more than 250 products. It has a diverse portfolio for individual clients with the option to choose from 14 medical insurance packages. read more

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From Global FMCG Brands to the Local Hospitality Industry this Team is Ready to WOW Meet the Team on a Mission to Take GCC Brands to the Next Level

Tad Network Communications and KT Alignment Announce Partnership
Together, this World-Class Team is Ready to Expand their Reach and Enhance their Solutions read more

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Reign Holdings Chairman Samir Salya Named by Forbes Middle East as One of the Top Indian Leaders in the Arab World

Reign Holdings Group Chairman, Samir Salya, has been named one of India’s top businessmen – in a major international poll. read more

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Employees’ Loyalty. Workplace Wellbeing is Top of The Agenda for UAE Employees

  • Aetna International survey finds 73% of UAE workers enjoy a healthy work-life balance

 Almost three quarters (73%) of UAE workers feel they enjoy a healthy work-life balance thanks to the support and opportunities provided by their employers. That is based on over 1000 respondents in a recent YouGov finding from a survey undertaken by leading global health insurance provider, Aetna International. read more

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Hawkamah and ICSA announce MENA-wide partnership

The two governance institutes will organize events and workshops to support governance professionals across the region read more

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ADNOC Announces US $45 Billion Investment Plan to Become Leading Global Downstream Player

The Abu Dhabi National Oil Company (ADNOC) unveiled plans to invest US $45 billion alongside partners, over the next five years, to become a leading global downstream player. The plans were unveiled at the ADNOC Downstream Investment Forum, which took place today in Abu Dhabi, UAE. The event brought together more than 40 CEOs and 800 senior business leaders from the global oil and gas, energy, petrochemical and finance industries, as well as many other sectors. read more

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GAC’s Dubai South contract logistics facility opens

New temperature- and humidity-controlled facility brings total capacity in Dubai to over 170,000 pallet positions. read more

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“Buildeey” the First Integrated Online Platform for Construction-related Services in the UAE

Buildeey Tech – FZE, a Dubai-based company, has successfully launched the first and only integrated online platform for construction-related services in the UAE. This unique platform will provide a full range of building services both on their website (www.Buildeey.com) and through a free mobile app named “Buildeey” (available on iOS and Android devices). read more

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The United Arab Emirates Scraps VAT on precious metals

According to government news outlets, the government of United Arab Emirates has exempted the value-added tax (VAT) on gold, diamonds and precious metals. read more

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Latvia, UAE Initiates Strategic Ties in Trade Relations and Tourism

Latvia sets forth to promote its strong relations with the UAE. In an exclusive interview, Her Excellency Astra Kurme, Latvian Ambassador to the UAE marks Latvia’s centennial anniversary of independence, acknowledging 100 years of its tremendous progress, political stability and economic growth that mirrors the Year of Zayed commemoration, celebrating 100 years of the late Sheikh Zayed, the visionary and founding father of the UAE. read more

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ADCB becomes first local bank to operate in Abu Dhabi Global Market

ADCB Asset Management joins prestigious list of institutions based in the international financial centre to offer regulated products and asset management services to high-net-worth clients read more

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Sleep Fine eyes expansion of partnership with top hotel chains to secure larger market share in Middle East

The brand works with leading names in the hospitality industry such as IHG, Sheraton, Hilton, Marjan Island Resort and Spa & Al Barsha Castles in Dubai read more

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