DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) recently kicked off its new ‘Learning by Doing’ series of training sessions designed to develop companies’ e-commerce skills and enhance their understanding of the benefits associated with trading on global business-to-business platform Alibaba.com. The first session, held recently at the Chamber’s premises, was attended by 12 local …
Read More »Local News
DXB’s green initiatives reduce 2,224 tonnes of CO2 emissions
Dubai / WAM Dubai Airports’ efforts to reduce its carbon footprint resulted in total energy savings of 5.17 million kWh in 2016 across Dubai International (DXB) and Dubai World Central (DWC), equivalent to powering 235 homes for a full year, the operator reported today. The report was issued just ahead of Dubai Airports’ participation in Earth Hour on March …
Read More »Zeyoudi attends Lulu’s organic farm launch
Abu Dhabi / Emirates Businesss His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, attended the launch of a new initiative by Lulu hypermarkets to promote the locally grown organic farm produce through their stores across the UAE. The initiative was inaugurated at Lulu Hypermarket in Mushrif Mall, Abu Dhabi, in the presence of …
Read More »ADMAF signs LoC with UK’s Southbank Centre to nurture artistic excellence
Abu Dhabi / WAM The Abu Dhabi Music and Arts Foundation (ADMAF) signed a Letter of Cooperation (LoC) with London’s Southbank Centre, the world’s largest festival site, home to the Royal festival Hall, Queen Elizabeth hall, Purcell Room and Hayward Gallery, and four world-class orchestras. Acknowledging common principles, goals and areas of common interest for joint collaboration in culture and …
Read More »UAE margin trading finance hits all-time high of AED31 billion
ABU DHABI / WAM The value of margin trading finance on Abu Dhabi and Dubai Security Exchange Markets hit AED31 billion in January and February 2017, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3% of the total facilitations provided by licensed brokerage companies …
Read More »Dubai economy remains buoyant despite challenges
DUBAI / WAM The Emirate of Dubai continues to show growing levels of buoyancy in different business sectors, boasting growing demand and increasing returns thanks to its highly sophisticated industrial base and rising foreign investment quotas for its property and financial markets. The impressive economic success story, according to recent business reports, is attributed to a number of factors, …
Read More »UAE personal loans hit AED349bn in February
Abu Dhabi / WAM Total volume of personal loans in the UAE increased to AED 349.9 billion in February 2017, according to a UAE Central Bank report issued on Tuesday, which affirmed the banks’ continual contribution to the overall wellbeing and growth of the economy. By providing personal and corporate finance facilities, as well as creation of jobs, the UAE …
Read More »MoF launches phase one of tax awareness workshops
Dubai /Â WAM The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value-added tax, VAT. As the UAE prepares to introduce both taxes …
Read More »ADSIC organises future planning workshop for Abu Dhabi digital govt
Abu Dhabi /Â WAM More than 120 government employees and managers, as well as top-tier experts from the private sector, attended a workshop on Future Planning for the Abu Dhabi Digital government. The workshop was hosted by the Abu Dhabi Systems and Information Centre (ADSIC) a government agency responsible for developing and managing the ICT sector in the UAE, which …
Read More »Mohammed launches new beachfront resort
DUBAI / Emirates Business Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum on Tuesday launched a new beachfront entertainment destination located at Jumeirah beach near Burj Al Arab in Dubai, that features MGM and Bellagio hotels. Sheikh Mohammed was accompanied by HH Sheikh Hamdan bin Mohammed bin …
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.