Local News

  Dubai / Emirates Business For the second year in a row, Smart Dubai Office is partnering with the ArabNet Digital Summit to highlight digital transformation in the public and private sector and the potential for the Smart Economy. “We believe what we are doing today in Dubai will be the platform other cities will learn from,” declared HE Dr. ...

  RITIKA SHARMA / Emirates Business There is a dire need of creating a new financial paradigm in the Middle East in order to diversify economies and end the dependence on oil. Experts are suggesting a well-thought-of-change in monetary policies to strengthen GCC economies by an increased participation of private sector and retention of human capital in the region. This ...

  Dubai / Emirates Business Dubai Courts has launched its Annual Report 2015, reflecting a significant improvement in the performance of the three courts; namely, First Instance, Appeal and Court of Cassation and a remarkable progress in Dubai Government’s Unified Customer Complaints’ Portal, smart transformation, and Emiratization. It also achieved the targets of its Operational Plan 2015 which aimed to ...

  Dubai / Emirates Business Al Najah Education Limited, a leading education investment company, has acquired a majority stake in Brooklyn Melodies Music Centre (BMMC), further expanding the firm’s education investment portfolio in the MENA and Southeast Asia regions, the key markets in which the company operates. As part of the deal, the two founding shareholders of BMMC will remain ...

  Dubai / Emirates Business UAE-based multinationals will start to feel the impact of the OECD Base Erosion and Profit Shifting (BEPS) proposals that come into effect this year, a KPMG seminar on international tax developments has revealed. The BEPS proposals are focused on mitigating tax planning strategies that exploit gaps and mismatches in tax rules to artificially shift profits ...

  RITIKA SHARMA / Emirates Business Middle East, especially the UAE, is leading the world in the use of managed security services (or MSS) to protect networks from cyber threats. As the technology further evolves, IT companies in the country are taking a step further in their cyber security and embracing proactive threat-hunting, in which cyber defenders seek to stop ...

  Abu Dhabi / Emirates Business Smart Home Show, a unique event dedicated to promoting energy conservation in the emirate of Abu Dhabi, brought the curtains down on a highly successful second edition at Al Ain Convention Centre that drew thousands of visitors across a four-day run. Organized by Al Ain Distribution Company (AADC), the event received high interest from ...

  Sunaina Rana / Emirates Business Telecommunication is very vital for any company. Considering the same, honchos of the industry gathered at the SAMENA telecom Leaders’ summit 2016 and looked into various aspects needed to further strengthen the sector. SAMENA Council’s Telecom Leaders’ Summit 2016, which opened in Dubai, was a host to may dignitaries from Middle East, Africa, Asia ...

  Dubai / Emirates Business Ahead of the Middle East Hotel Awards (MEHA) 2016 this week (May 24), judges have revealed a 63% increase in entries.From hundreds of entries, judges noted particular increases in entrants from hotels in Saudi Arabia, Bahrain, Kuwait, Lebanon and Jordan. As many as 70 hotels and hotel suppliers have now been shortlisted across 24 award ...

  Abu Dhabi / Emirates Business Following an intensive evaluation process, the UAE Research Program for Rain Enhancement Science has shortlisted 15 of the most advanced pre-proposals from world-leading experts as part of the evaluation process of its ongoing second cycle. The research teams that made the cut belong to North America, Europe, the Middle East and Africa. The selected ...