The number of licences issued to branches of foreign companies was up by 20% last year.
Major banks and their credit card operations in the UAE are losing as much as 8% in annual revenues due to a rising number of ‘skips' - customers that flee the country leaving a trail of bad debt behind - according to the CEO of RAK Bank.
With the rise of equality in the region an increasing number of women executives are finding their way to the forefront of their fields.
The setting up of Dubai's first credit checking bureau means people can no longer escape their bad credit history in the UAE.
Diana Milne, Tuesday, 01 May 2007, ArabianBusiness/Features
Emcredit, the UAE's first credit bureau aims to put a stop to bad debt.
Tamara Walid, Sunday, 24 June 2007, ArabianBusiness/Features
Ras Al-Khaimah to implement 'service agent' system of commercial licensing rather than sponsorship.
Talal Malik, Wednesday, 22 August 2007, ArabianBusiness/News
Dubai eGovernment has struck a major deal with the Department of Economic Development (DED) to create the Dubai Investment and Business Portal.
ArabianBusiness.com staff writer , Tuesday, 11 September 2007, ArabianBusiness/News
Online business services from Dubai's Department of Economic Development attract one million users
Mark Sutton, Tuesday, 15 January 2008, ArabianBusiness/News
No one ever said it would be easy - but for those who set up a successful business, the rewards can be huge.
Diana Milne, Sunday, 27 January 2008, ArabianBusiness/Features
Leviev plans to open flagship store at Dubai Mall and another at Atlantis Hotel on Palm.
Talal Malik, Wednesday, 30 April 2008, ArabianBusiness/News
In its determined crackdown on the offenders of poor customer care, the Dubai Service Excellence Scheme claims it has triggered a turnaround in how stores do business in the UAE.
ArabianBusiness.com staff writer , Monday, 22 September 2008, ArabianBusiness/Features
Dubai Department of Economic Development reveals number of start-up firms in Sept.
Emirate voted best for economic potential, quality of life in new poll.
Wholesale and retail sectors make up the largest part of GDP in the UAE economy.
In light of worsening economic conditions, Dubai appoints an advisory body to steer the Emirate through stormy waters.
ArabianBusiness.com staff writer , Friday, 30 January 2009, ArabianBusiness/Features
Dubai registers 3% increase in licences during Q4 amid impact of economic crisis.
The plan is being revised in view of the current economic crisis, says gov't official.
Department of Economic Development (DED) reduces paperwork for setting-up companies.
New gov't guide aiming to become referral source for investors looking to do business in emirate.
Inflation will fall on back of declining property prioces, stronger dollar, says gov't official.
E-mail Article
Printer Friendly
Share Article
Comments 1-1 of 1
Posted by Prof Philbert Suresh, Scarborough, Canada on 7 February 2007 at 17:57 UAE time
Economc development strategy has drawn world wide attention esp those in the Middle East whcih need not reinvent the whell if it is forge in one direction of trade. I was furtunate enough to provide the roar to this desert economy even when it was deliberating its fuure educational alternatives between 1996 and 2002. Logigistics has successfully driven the commercialism in Dubai.