Nakheel to split from Dubai World by June
Nakheel will be carved out of parent company Dubai World and become a government-owned entity by June, when its efforts to restructure $10.8bn in debt … Read more
Business in Dubai
Business Opportunities, Infrastructure Support, Marketing, Branding and everything else (sort of) one should know about doing business in Dubai.
109 articles
HSBC relaxing credit terms for UAE customers
HSBC has made it easier for customers in the UAE to obtain credit cards, personal loans and mortgage by relaxing its lending criteria. New terms … Read more
Barclays bank to move Africa Headquarters back to Johannesburg, 123 jobs to go
Barclays Plc will move its Africa headquarters in Dubai back to Johannesburg in a move that may affect 123 employees. Staff will be given the … Read more
Private Sector asked to create 20,000 jobs for the Emiratis
Private sector of UAE, already struggling with global recession and downturn, has been asked to create at least 20,000 jobs a year to cater for … Read more
Royal Emirates Group buys Spanish football team Zaragoza, renamed ‘Team Dubai’
Royal Emirates Group, the Dubai investment group chaired by HRH Sheikh Butti Bin Suhail Al Maktoum, has bought top-league Spanish football team Real Zaragoza Getafe, … Read more
UAE to restrict BlackBerry services?
After an earlier unsuccessful attempt to curb down BlackBerry usage in UAE, the Telecommunications Regulatory Authority (TRA) has now asked Etisalat and du, to restrict … Read more
RERA may cancel 90,000 real estate units in Dubai
RERA, Dubai’s real estate watchdog is carrying out a financial review of about 90,000 real estate units due to be delivered over the next five … Read more
House prices in Dubai approaching bottom
Real estate prices in Dubai’s battered property market are bottoming out more than two years after the financial crisis sparked a slump that devastated values, … Read more
Dragon Mart offers ePad – the cheap iPad alternative
Welcome to Dragon Mart, also known as the China Market in Dubai. This 150,000 square meter dragon-shaped structure has 3,950 shops engaged in the wholesale … Read more
Boris Becker disowned ACI Dubai Tower
Tennis legend Boris Becker has said that he is no longer involved in the Dubai project that bears his name, nor has he been in … Read more
Emirati representative mandatory for large companies
In a bid to further tighten the Emiratization policy, Ministry of Labor has clarified hat it will not deal with large companies that don’t have … Read more
Retirement age for expatriates in UAE is now 65 years
Expatriates in the UAE have been given an additional five years of service with the Ministry of Labor revising the retirement age from 60 to … Read more