Past News

Displaying 157-168 of 184 results.

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...

Dubai top city in the Middle East for quality...

Sun, 08 March, 2015

Dubai ranked first in the Middle East and Africa region for quality of living, according to a new report by human resources consultancy Mercer. The 2015 Quality of Living report, which ranks 230 cities, indicates that Dubai was ranked 74th globally, having dropped one spot from 2014. Dubai ranked first in economic dynamism, third in overall ...

Dubai launches new campaign to build awarenes...

Mon, 02 March, 2015

The government has launched a new campaign aimed at building awareness of Expo 2020 Dubai, which includes a competition to design a new logo for the event. The UAE-wide community engagement campaign, called “For Everyone”, will further familiarise the public to Expo 2020 and the history of World Expos through a series of interactive init...

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 ...