Past News

Displaying 157-168 of 195 results.

BBG Committee Elections 2015/16 - Candidates ...

Mon, 18 May, 2015

For those members who were unable to attend the hustings and hear the statements made by each of the candidates, there is a link below to each candidate's presentation to help you decide on who to vote for.      CEO and Chairman:     &n...

Statement on passing of former Emirates Group...

Fri, 08 May, 2015

The British Business Group, Dubai and Northern Emirates is saddened to hear of the passing of Sir Maurice Flanagan KBE, Emirates Group Executive Vice Chairman and honorary member of the BBG Dubai and Northern Emirates.   “Sir Maurice was a strong advocate for British trade in the UAE and noted for his contribution to the growth of E...

UAE’s non-oil private sector output surged ...

Wed, 06 May, 2015

According to the UAE’s Purchasing Manager’s Index (PMI) data for April the rate of expansion in the non-oil private sector accelerated last month after it eased to the weakest in almost a year-and-a-half in March. Indicating the overall improvement in business conditions was faster growth of output, new orders and employment. The headli...

Dubai on track to receive 20m visitors by 202...

Wed, 06 May, 2015

According to Helal Al Marri, Director-General of the Dubai Department of Tourism and Commerce Marketing (DTCM), Dubai is on track to welcome 20 million visitors per year by 2020, despite economic problems and weakening currencies in some tourism source markets that have discouraged some people from travelling. But the robustness of Dubai’s t...

Sharjah aims to attract 10m tourists by 2021

Sun, 03 May, 2015

Sharjah aims to attract up to 10 million tourists by 2021 and expand tourism’s contribution to the emirate’s economy, the Sharjah Commerce and Tourism Development Authority (SCTDA). Sharjah expects to nearly double the number of tourists in the next six years from 5,605,000 in 2014. And, to cater to the anticipated increase in demand, boost hot...

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...