Past News

Displaying 145-156 of 178 results.

UAE loan demand growth moderating, credit sta...

Sun, 03 May, 2015

According to the UAE central bank first quarter credit sentiment survey, demand for credit in the United Arab Emirates remains healthy but growth in demand for loans is moderating and credit standards for companies are tightening. It said lower oil prices had only a minor impact on UAE credit conditions, with most respondents to the survey rep...

Expo 2020 Dubai launches procurement portal

Tue, 28 April, 2015

Expo 2020 Dubai has launched an eSourcing portal. The portal, which is an online procurement system, will link all Expo related procurement operations and enable the quick deployment of tender opportunities openly to the global business company. The procurement portal can be accessed at https://esource.expo2020dubai.ae.Source Gulf News...

Medical tourism and the pharmaceutical indust...

Mon, 20 April, 2015

According to the Ministry of Labour statistics, the private health sector’s labour force grew by more than a quarter last year. The Ministry of Health has told 7DAYS?that the value of the UAE pharmaceutical sector currently stands at Dhs5 billion – and is expected to increase 13 per cent by 2018. The Dubai Health Authority said that medical...

UAE ranks 16th globally in exports, says WTO

Mon, 20 April, 2015

According to World Trade Organisation’s report on International Trade Trends, UAE ranks 16th among global exporters and is the number one market for merchandise exports in the Mena region. The WTO report shows in imports, UAE ranks 19th and is the most important market for merchandise imports in Mena. UAE merchandise exports reached $359 bill...

GCC states agree on formulating framework of ...

Mon, 06 April, 2015

According to a Gulf News article, Under-Secretaries of the Ministries of Economy and Finance of the Gulf Cooperation Council (GCC) states have in their 46th meeting in Doha agreed to formulate a general framework for the introduction of value added tax (VAT). The Kuwaiti News Agency, KUNA, has quoted the Under-Secretary of Kuwait’s Finance...

BBG Strengthens Its Platinum Sponsor Portfoli...

Wed, 01 April, 2015

Links Group, a company formation specialist, has confirmed a 12-month sponsorship agreement with the British Business Group Dubai and Northern Emirates. The deal sees Links Group join Emirates Group, HSBC, Jumeirah, Motivate and AIG as BBG’s sixth Platinum sponsor. Links Group specialises in business services for companies and individuals es...

UAE drafting law for 100 percent foreign owne...

Mon, 30 March, 2015

According to a report from Reuters, the UAE Minister of Economy said at a conference, the UAE is at an advanced stage of drafting a foreign investment law to allow 100 percent foreign ownership of businesses in some sectors. Sultan bin Saeed Al Mansouri did not specify in which sectors the government would permit full foreign ownership of compa...

Dubai’s foreign trade worth Dh1.331tr in 20...

Tue, 24 March, 2015

Dubai’s foreign trade grew 0.15 per cent to Dh1.331 trillion in 2014, up from Dh1.329 trillion in 2013, according to a statement from the Dubai government.  Imports accounted for Dh845 billion last year, while exports and re-exports were valued at Dh114 billion and Dh372 billion, respectively. Direct trade accounted for Dh818.8 billi...

Lubna Qassim, BBG Director UAE Alliances appo...

Thu, 19 March, 2015

  Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued Decree No. (6) of 2015 forming the board of Dubai Women Establishment (DWE). The decree was issued by Shaikh Mohammad in his capacity as Ruler of Dubai.   Sha...

Sharjah ranked among world’s top 10 small a...

Wed, 18 March, 2015

Sharjah has been ranked among the top ten small and medium-sized cities in the world in the Global Cities of the Future index for 2014/15, produced by FDI Intelligence, a division of the Financial Times Ltd. The judgement was made using a composite of data related to economic potential, business friendliness, human capital, lifestyle, cost e...

Congratulations to the winners of the BBG Ann...

Mon, 16 March, 2015

Individual 1st Place  – Hayden Cryer 2nd Place – Chris Smerdon 3rd Place –Paul Maycock Team 1st Place –Robert Barker, Marcus Dudley, Hayden Edgtton, Gary Smith 2nd Place - Will Irwin, Sven Wiedenhaupt, Keith Fernandes, Anna Fernandes 3rd Place  – Noel O’Leary, Alex Wilson, Richard Bradstock, Tony Jordo...