Sunday , 19 August 2018

Tag Archives: UAE

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 …

Read More »

UAE’s Shuaa Capital to boost foothold in Saudi Arabia, Kuwait, Egypt

The Saudi market is so important and full of growth potentials and opportunities Shuaa Capital is seeking to collaborate with Saudi Arabia’s Jabal Omar Development Company (JODC) to launch and manage real estate investment funds in the Kingdom of Saudi Arabia. The partnership is directed towards managing the development and expansion of centrally located real estate hotspots across the Kingdom, …

Read More »

17 new international schools set to open in UAE this year

The number of international schools in the region has grown from only 1,159 in 2013 to 1593 in 2018 The market in the Middle East continues to expand, said an industry expert, noting that17 new international schools are opening for the 2018-2019 academic year in the United Arab Emirates, 13 of which are located in Dubai. “Most of the demand …

Read More »

Etisalat sells 28.04% stake in Thuraya for $37.32mln

The stake has been sold to Star, a subsidiary of Al Yah Satellite Communications Company Etisalat completed the sale of its stake in Thuraya Telecommunications company for AED137 million (US$37 million) to Star Satellite Communications, the UAE-based telecom firm said in a statement to the Abu Dhabi Securities Exchange Thursday. The stake has been sold to Star, a subsidiary of …

Read More »

Padmini Gupta on the app that aims to help improve the lives of low income workers in the UAE

In the latest of our Business For Good series highlighting the philanthropic work of business families, we speak to the founder of the Rise app aimed at improving the lot of the UAE’s domestic workers When an earthquake shook Nepal at noon on Saturday, April 25, 2015, it killed nearly 9,000 people and ruined the lives of more than eight …

Read More »

UAE stocks attract foreign investors as H1 results continue

By Zawya- Mahmoud Gamal, Mubasher Listed-stocks have recently hit record highs on the back of the interim financial results The UAE stock markets are currently gaining accumulations by foreign investors as listed-stocks have recently hit record highs on the back of the interim financial results, analysts told Mubasher. Most institutional investors in the UAE’s twin bourses were buyers during Sunday’s …

Read More »

UAE Space Agency sponsors eclipse observation events

Residents can witness the longest total lunar eclipse of the century on Friday, July 27 The UAE Space Agency is sponsoring a series of observation points at a number of astronomy centres throughout the UAE, to provide residents with the opportunity to witness the longest total lunar eclipse of the century on Friday, 27th July. Residents are invited to visit …

Read More »

UAE economy stays robust despite global headwinds

The UAE’s solid and diversified economy has softened the effects of both lower oil prices and weakened global demand for trade. This will also lead to prosperous years ahead for the UAE economy, according to a new report from the Dubai Chamber of Commerce and Industry (Dubai Chamber). In addition to increased confidence, the UAE’s economic outlook is buoyed by …

Read More »

UAE and China: Business and trade deals signed during the historic visit

The United Arab States and China have signed more than a dozen business and trade agreements and memoranda of understanding during a landmark visit by the Chinese President Xi Jinping to the UAE over the past three days. The agreements included an announcement on Friday that a Chinese state-owned financial services company would set up within Abu Dhabi’s main financial …

Read More »

UAE, China sign 13 agreements and MoUs

MoUs signed between the two countries with the aim to strengthen strategic partnerships and bilateral cooperation across various sectors His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President …

Read More »