Sunday , 19 August 2018

Tag Archives: Business

Job privilege: Who can get 10-year visa in UAE?

New reforms such as 10-year visa, 100% foreign ownership of firms to help attract best talent, FDI. The UAE’s new reforms will be focused on professions and industries that meet the country’s strategic needs. (Reuters file) Technology entrepreneurs, influencers, high-end individual investors and specialists in certain fields such as science, space and medicine would be eligible for the 10-year visa …

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UAE job vacancies on the rise in first half of 2018

Hiring accelerates in the first half of 2018; momentum seen to spill over into 2019 UAE – Job growth in the UAE expanded at a fast clip in the first half ofthis yearand industry stalwarts and analysts are optimistic that the trend will be maintained in the second half and2019. The rise in employment in key economic sectors indicates that …

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SA’s business confidence improves in July

Abu Dhabi’s index was up 0.5%, after hitting its highest level since late 2014 Abu Dhabi’s market hovered around a four-year high on Wednesday, bolstered by banks shares, while Saudi Arabia’s market was more subdued. Abu Dhabi’s index was up 0.5 percent, after hitting its highest level since late 2014 earlier in trading. First Abu Dhabi Bank rose 1.1 percent …

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UAE’s Etisalat Q2 profit up on lower capital expenditure, more subscribers

Etisalat made a net profit of AED2.2bln ($599million) in the three months to June 30 By Alexander Cornwell, Reuters News DUBAI- Emirates Telecommunications Group, also known as Etisalat, reported on Tuesday a 12.3 percent rise in second-quarter net profit as it cut capital expenditure and added more subscribers. Etisalat made a net profit of 2.2 billion dirhams ($599 million) in …

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Kuwait to get e-cars

Kuwait Chamber of Commerce and Industry has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market KUWAIT CITY – Kuwait Chamber of Commerce and Industry (KCCI) has requested all concerned authorities to provide necessary requirements for the entry of electric cars to Kuwait’s market, reports Al-Rai daily. Report added KCCI received a …

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SMEs contribute over half of Dubai’s new jobs – study

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Dubai’s small and medium enterprise (SME) sector contribute 52.4 percent of jobs created in the emirate and 47 percent of its economic output, according to a joint study between Dubai SME and Dubai Statistics Centre. Initiated during the …

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SMEs contribute 40% to Dubai’s GDP

New govt policies are set to transform business ecosystem by making it easy to do business, and support new sectors Small and medium enterprises (SMEs) are estimated to contribute 40 per cent to Dubai’s gross domestic product (GDP) and employ 42 per cent of the total workforce, said a top official. The significance of such enterprises must not be overlooked …

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Angel delight: Mideast investors rank social impact above financial gain

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The ability to impact social change, rather than financial gain, is the biggest motivator for angel investors in the Middle East, according to a new report which also showed that the region’s entrepreneurs ranked highly on a global …

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Seed capital helps MENA female start-ups take flight

Women are underrepresented when it comes to new business launches and Elissa Freiha – founder of the first female-focused accelerator in the region, Womena – is passionate about pushing the numbers higher. “Honestly, I think this region is the most exciting start-up space globally right now for the simple fact that the potential is still untapped,” she says. “The resources …

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Know your numbers: Advisors welcome banks’ attempt to improve financial knowledge among business owners

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day The introduction of a new guide aimed at improving the financial literacy of business owners has been welcomed by advisors. The UAE Banks Federation (UBF) announced yesterday that the 64-page guide has been produced as part of its …

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