Past News

Displaying 145-156 of 164 results.

Austerity should be last option, experts say

Thu, 26 February, 2015

Economists and experts says, fiscal tightening should not be a policy tool to deal with the decline in oil revenues faced by Gulf Cooperation Council (GCC) countries. On the contrary, these countries should continue to spend to keep up the economic growth. According to Marios Maratheftis, Global Head of Research at Standard Chartered Bank, ...

Falling Oil Prices Will Not Affect UAE Bank&#...

Mon, 23 February, 2015

According to Shayne Nelson Emirates NBD CEO, healthy levels of government spending will insulate UAE banks from any negative effects of the oil price fall.Nelson told reporters that fiscal reserves of countries such as Saudi and the UAE are very strong and he expect spending to continue over short to medium term. Nelson added if there is a long...

New regulations to boost UAE insurance sector

Mon, 16 February, 2015

According to sector analysts and officials, the new insurance regulations for both conventional and Islamic insurance (takaful) firms is expected to boost the profitability and solvency of insurance firms and could eventually lead to consolidation in the sector.The regulation has set investment limits for the sector with a ceiling of 30 per c...

Update your Company Profile: To achieve best ...

Sun, 15 February, 2015

With the new BBG website in place on www.bbgdubai.org we now have a greater opportunity to dedicate communications and contract for your industry and also any chosen interested industry categories you may have. You can give yourself higher visibility by updating your company profile and also showing company type so ...

The Lord Mayor of the City of London speaks t...

Tue, 10 February, 2015

Broadcaster & Journalist and BBG member, Stephen Marney interviews The Rt. Hon. Lord Mayor of The City of London, Alderman Alan Yarrow at the British Business Group Forum Dinner for Dubai Eye 103.8 Business Breakfast. Please click here to listen to the interview on-air which ran on January 26th.  Alderman Yarrow visited the UAE...

Out and About

Mon, 09 February, 2015

We are excited to feature members we’ve visited in January here in Out and About.  One of our objectives is to increase members’ awareness on how they can best utilise their membership. If any of you wish to meet us for any assistance, feedback or how to make the most of your membership please feel free...

Business Interruption Insurance

Thu, 05 February, 2015

Written by John James BBG Insurance Focus Chair   John has spent most of his working life as an Insurance Broker and Risk Manager with a brief foray into the world of stockbroking and investment management.    He has worked for international and boutique insura...

UAE Cabinet issues instructions for bolsterin...

Mon, 02 February, 2015

UAE Cabinet issued instructions for bolstering national efforts to facilitate international trade, and boost the UAE’s quest to innovate sustainable economic models that can compete on a global level. The Cabinet approved the UAE’s obligations related to the implementation of the World Trade Organisation’s Trade Facilitation Agreement...

UAE's inflation hits 6-year high on risi...

Mon, 26 January, 2015

According to official data released by the UAE National Bureau of Statistics the country's year-on-year inflation rate rose to 3.1 percent, up from 2.8 percent the previous month. December figure was well above the average inflation rate of 2.33 percent in 2014, the bureau said, adding that the December inflation matched the rate in October...

Middle East investment bank fees slump in 201...

Thu, 22 January, 2015

According to data from Thomson Reuters, the Middle East investment banking fees earned during 2014 declined 3 per cent from $776.2 million (Dh2.85 billion) during 2013, to $751.7 million despite strong recovery in equity capital markets activities and an uptick in fees during the last quarter.  Equity capital markets (ECM) underwriting fe...

UAE industrial sector contribution to GDP to ...

Tue, 20 January, 2015

According to UAE Minister of Economy, Sultan Al Mansouri, the industrial sector’s contribution to Gross Domestic Product (GDP) is expected to reach 25 per cent by 2025. Mansouri told Gulf News the current industrial sector contribution to the total UAE GDP is estimated at 10 to 11 per cent. To achieve the target increase, the Minister said t...

Dubai real estate market stabilising

Mon, 19 January, 2015

A new report suggests, Dubai’s real estate market appears to be stabilizing with the cost of renting and buying apartments registering zero increases in the last part of 2014. According to the latest report by Jones Lang Lasalle (JLL), which uses data collated by REIDIN.com, stated that the average rents and property sale prices remained ...