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Encouraging Entrepreneurship

Start-ups are significant contributors to GDP and the job market but more need to be done to support them.

Why Are Some Of Dubai’s Office Buildings Empty?

Offices with multiple ownership structures have higher than average vacancy rates.

Nakheel Reports Land Sales Of Over Dhs162m

The developer reported the land sales in its Al Furjan and Jumeirah Village Triangle projects.

Etisalat Targets SME Customers

Etisalat has been investing in various mobile packages to tap into the country’s lucrative SME customer base.

Dubai Health Insurance Law Will Make Market Competitive

But experts assure that the new law will not wipe out smaller insurance firms from the market.

Dubai’s Fireworks Record On NYE: All You Need To Know

Dubai’s record-breaking attempt will feature 400,000 fireworks and will extend over 100 kilometres across Palm Jumeirah’s shoreline.

McLaren MP4-12C Joins Dubai Police Fleet

The sportscar comes with a 2020 number plate in recognition of Dubai’s Expo 2020 win.

UAE Telecom Regulator Warns Etisalat, Du Against False Marketing

The TRA has cautioned the operators to avoid using misleading marketing campaigns ahead of the launch of the mobile number portability service.

How Did UAE Real Estate Fare In 2013?

Recovery of UAE’s key real estate markets remains uneven with robust growth in sales and rental prices in Dubai and slower improvements in Abu Dhabi, says Dr. Tobias Plate, senior partner at Roland Berger Strategy Consultants Middle East.

Dubai’s DIB Approves Foreign Ownership Increase To 25%

The lender said that the decision was taken to address the huge demand from large foreign institutional investors.

Dana Jumps Most In 8 Years After Egypt Payment

The company received $53 million in dues from the Egyptian government.

UAE Declares Holiday For New Year’s Day

Public and private sector workers get one day off on Wednesday, January 1, 2014.

Abu Dhabi Airport Welcomes Over 1.3m Passengers In Nov

The airport’s November passenger traffic was up 9.8 per cent compared to the same period in 2012.

UAE Firms Incur Losses Due To Poor Direct Communication

UAE professionals incurred a yearly revenue loss of 26 per cent due to lack of face-to-face meetings.

Emaar Rises To 5-Year High As Property Stocks Gain

The Dubai developer gained three per cent to reach Dhs7.57 at the close of trading, its highest since September 2008.

UK Visa Waiver To Boost UAE Tourist Numbers

The UK has been aggressively targeting the wealthy Gulf tourists through various marketing campaigns this year.

Al Ain’s New Football Stadium Ready For January Launch

The Hazza bin Zayed stadium, which can accommodate 25,000 spectators, is expected to boost the emirate’s sports industry.

UAE’s Dana Gas Receives $53m From Egypt Government

Including the latest payment, Dana Gas has received a total of $130 million from the Egyptian authorities this year, it said.

Dubai Energy Firm Secures Dhs1bn Funding For India Power Project

Coal & Oil will use the amount to complete its 1200mw thermal power plant under construction in Tamilnadu, India.

American Jailed In UAE For YouTube Parody Video

Shezanne Cassim, 29, has been detained since April after publishing the 20-minute “mockumentary” film.

Dubai’s New Rent Ruling Favours Landlords – Expert

The ruling aims to encourage owners to renew existing leases rather than bring in new tenants at much higher rates, says expert.

Abu Dhabi Firm Buys Stake In Australia’s Swala Energy

The deal, valued at $2.9 million, is Hayaat Group’s first investment in East African oil exploration.

Top 10 Most Searched Rental Locations In Dubai

Dubai Marina topped the list of Dubai’s most searched locations to rent property in, according to propertyfinder.ae.

Abu Dhabi-listed United Arab Bank Signs $250m Loan

The two-year loan facility will be used to fund the lender’s general business.

Dubai’s Drake & Scull Wins $109m Contract In Qatar

The firm won a deal for mechanical, electrical and plumbing work at the Mall of Qatar, which is now under construction near Doha.

Experts Urge Greater Support For UAE Female Start-Ups

Young female entrepreneurs in the UAE require greater mentorship and hands-on-training, say businesswomen in the country.

Dubai’s Ruler Issues New Decree To Regulate Rents

As per the ruling, landlords can raise rents by 20 per cent if contracts are 40 per cent or more below average prices.

UAE Ranks High On Global M&A Attractiveness Index

M&A activity in the UAE has been picking up pace as market conditions improve.

Arabtec Launches New Property Arm In UAE

The builder said it would set up real estate development units in Dubai and Abu Dhabi.

UAE Telcos Launch Mobile Number Portability

The mobile number portability service will come into effect on December 30.