Thursday , 24 January 2019

Tag Archives: Business

New 100% investment law redefines UAE’s business landscape

Among a spate of path-breaking reforms aimed at fuelling economic growth. The new UAE investment law, which allows up to 100 per cent ownership to foreign investors in some specific onshore business sectors, is expected to give a major fillip to private and foreign direct investments (FDIs). In the first quarter of 2019, the government is expected to announce a …

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Islamic Development Bank (IsDB), Islamic Corporation for the Development of the Private Sector (ICD) and Small and Micro Enterprise Promotion Service (SMEPS) join hands to scale up business resilience support to Yemen under BRAVE Program

The Business Resilience Assistance for Value-adding Enterprises (BRAVE) aims to enhance the resilience of the Small and Medium Enterprise (SME)s in Yemen in vital sectors against the impacts of the ongoing conflict IDB Head Office witnessed today the signing ceremony of the implementation agreements for the scale up of BRAVE Program in Yemen. The Business Resilience Assistance for Value-adding Enterprises …

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Dubai’s Wamda launches program aimed at those looking to quit their job to start a business

Wamda will provide cash grants in exchange for equity stakes in any new businesses formed Dubai-based Wamda Capital on Thursday announced the launch of a fellowship program targeted at “high-impact” mid-career individuals who are considering quitting their jobs and starting new businesses. “So basically very simply, you join as a fellow and you get up to $16,000 in cash as …

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Apple, Salesforce team up to bring Siri to more business apps

Apple and Salesforce both have huge ecosystems of third-party software developers. Apple Inc and Salesforce.com Inc are entering a partnership in which the iPhone maker will help Salesforce build the iPhone maker’s features such as its Siri voice assistant deeper into Salesforce’s own mobile apps, which are widely used in the sales and marketing industries. In exchange, Salesforce will make …

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Qatar growth: Non-oil business conditions have softened since July, but new business, job creation at record high

Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day Business conditions in Qatar’s non-oil and gas private sector are continuing to improve, according to a report commissioned by the Qatar Financial Centre (QFC). The data, compiled by IHS Markit, showed that despite the rate of expansion slowing …

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UAE businesses opt for flexible workplaces

UAE business leaders and risk managers are adopting flexible real estate strategies to grow their company and mitigate against risk UAE business leaders and risk managers are adopting flexible real estate strategies to grow their company and mitigate against risk, according to a new study by International Workplace Group (IWG), the parent group of workspace companies including Regus. The UAE …

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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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