Dubai

Dubai ranks first globally in attracting foreign direct investments (FDI) for artificial intelligence and robotics

March 17, 2019 UAE Business 0
  • The emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively
  • Annual Investment Meeting (AIM 2019) to highlight strategies and mechanisms for enhancing tech solutions to draw FDIs

Dubai ranked first globally in attracting foreign direct investments (FDIs) for artificial intelligence and robotics; while the UAE ranked sixth in the global Smart Service Index, surpassing the US, UK and South Korea. The Emirate has attracted from 2015 to 2018 $21.6 billion worth of FDI in high-end technology transfers, with the most from the European Union and the U.S. — $5.7 billion and $3.9 billion, respectively. Read more

UAE Business Magazine

Best’s Briefing: Profits Continue to Rise for National Insurers in the United Arab Emirates

February 20, 2019 UAE Business 0

The insurance market of the United Arab Emirates (UAE) continued its earnings momentum in 2018 to post a second consecutive year of bumper profits. AM Best’s analysis of the preliminary disclosures of the national insurers listed on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has shown material improvements in both underwriting and overall performance, combined with modest premium growth, according to a new briefing by AM Best. Read more

Some amazing facts about U.A.E.

January 31, 2019 UAE Business 0

The United Arab Emirates has experienced a huge change in the previous couple of decades which is famous. This is a cutting edge nation with class-apart infrastructure and hosts a huge number of visitors consistently. United Arab Emirates has a vast and colorful history, culture and lifestyle truly unique to the region and to the world. Here are some interesting facts about UAE: Read more

Is a visa required prior to travelling to the UAE?

January 31, 2019 UAE Business 0

The visa and permit system works according to rules and regulations set by Federal Authority for Identity and Citizenship-ICA and its affiliated Directorates of Residency and Foreigners Affairs in each emirate. Before you apply for a visa or an entry permit, you have to check if you are qualified for a visa-free entry or to receive visa on arrival or you need eVisa prior to travel or an entry permit pre-arranged by a sponsor based in the UAE. Read more

How to start a tour company in the United Arab Emirates?

January 29, 2019 UAE Business 0

Dubai is one of the most attractive cities in the world as far as tourism is concerned. The present-day United Arab Emirates is the extremely well-known traveler destination. All things considered, there are perfect conditions for a resort vacation: all year positive atmosphere, azure coast, old design landmarks, and stunning modern buildings. But the most important aspect is that the government of the United Arab Emirates makes considerable efforts for the development of the tourism and entertainment industry.  The blend of these components makes the purview appealing for the running of the tourist business. Read more

UAE Business Magazine

Why Invest in the UAE?

January 27, 2019 UAE Business 0

Why Invest in The UAE? Our world is full of amazing and exciting places. While some of them are good for living, others are better suitable for visiting occasionally. Read more

UAE Business Magazine

How to check for my ban status to UAE?

January 27, 2019 UAE Business 0

Ban might be considered as a legal mechanism that stops worker or residents from re-entering constant country or an individual who served ban will be not able work or live in explicit Country. If you are working in the UAE, it is crucial for you to know the different types of ban rules that apply to the region. A ban prohibits an individual from getting into the country or seizing a brand new job. It’s vital to grasp the dos and don’ts to make certain you avoid getting a ban. To check your ban status in UAE you must know about the basic types of bans. There is mainly two types of ban: Read more

UAE Business Magazine

Best’s Special Report: Cash Collection Remains Problematic for Insurers in the United Arab Emirates

January 15, 2019 UAE Business 0

LONDON — The challenges faced by insurers in the United Arab Emirates (UAE) in relation to insurance debtors can apply additional pressure on already distressed technical margins, according to a new report by AM Best.
In the Best’s Special Report, titled, “Cash Collection Remains Problematic for Insurers in the United Arab Emirates,” AM Best notes that while average insurance debtor days for listed UAE-national insurers has showed an improving trend, they were well above the average for the Middle East and North Africa (MENA) region. Read more

Knowledge Summit 2018

Technology: Making UAE Smarter?

December 6, 2018 UAE Business 0

Technology just might be the next biggest thing for UAE. UAE’s Authorities have been keeping an eye for potential new technologies. Technology is already changing and in most cases improving every aspect of life in UAE. His Excellency Omar Bin Sultan Al Olama, the UAE’s Minister of State for AI, has high hopes for a data-driven UAE and said, “Data is the new oil.” Dubai, the largest city of UAE, aims to be the smartest and happiest city by 2020. Technology is being used to upgrade the whole country’s infrastructure and bettering the lives of many. Read more

Knowledge Summit 2018

How digital technology is transforming UAE

December 5, 2018 UAE Business 0

The United Arab Emirates (the UAE) are unmistakably attempting to transform into a leading technological hub. The UAE has recently declared its national innovation and development system that has been contrasted with a Fourth Industrial Revolution, as detailed by the World Economic Forum. Read more

Knowledge Summit 2018

Knowledge Summit 2018. Watch Live.

December 5, 2018 UAE Business 0

The Mohammed bin Rashid Al Maktoum Knowledge Foundation is organizing It’s fifth annual Knowledge Summit, on December 5-6, 2018 Bearing the theme “Youth and the Future of the Knowledge Economy”

Knowledge Summit 2018

UAE in Top 40 Prosperous Nations

December 5, 2018 UAE Business 0

For right around a hundred years, two estimations have been utilized to get a sense of how well a country is doing. One is GDP or gross domestic product. The gross domestic product (GDP) measures of national income and output for a given country’s economy. The other is its unemployment rate. In any case, with regards to making sense of how well a nation is serving its residents, they may not, in fact, be that helpful at all. Read more