UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this week
doing business in dubai
Latest in doing business in dubai
business ventures
‘Side hustles’ in Dubai: The do’s and don’ts of owning a business while working as a full-time employee
In Dubai, anyone looking to engage in economic activity, whether as a full-time employee or otherwise, must obtain the necessary licenses from the relevant authorities
Abu Dhabi
Ramadan 2024: A guide to doing business in Dubai during the holy month
From cultural nuances to reduced working hours, here’s everything you need to know during Ramadan
Capital Markets
Why Dubai and UAE lead the MENA region for foreign direct investment
Attractive capital markets and a strong government-backed business environment for entrepreneurs and foreign investors have helped propel the UAE to success
doing business in dubai
UAE demand for luxury Italian leather goods surging, says Santoni
Santoni has opened its boutique in Dubai Mall’s fashion avenue. The brand was started in 1975 by the parents of current CEO, Giuseppe Santoni
bilateral economic relations
DMCC holds road shows in NY, Miami to woo US businesses to Dubai
The two live events were hosted in partnership with AmCham Dubai, Brooklyn Chamber of Commerce and Versailles Ventures
bilateral cooperation
Dubai’s DMCC sees surge in the number of Chinese companies
The Centre is now home to 703 Chinese businesses, representing nearly 12 percent of the Chinese companies in the UAE
doing business in dubai
Dubai Chamber of Commerce sees 69 percent surge in new members in first eight months of 2022
During the first eight months (from January to August), member exports and re-exports saw an increase of over 20 percent y-o-y to reach AED177 billion
business activities
Dubai records 25 percent rise in new business licences issued in first half of 2022
Bur Dubai had the largest share of issued licences with 31,604, followed by Deira at 14,022 licences
Business Registration and Licensing
Dubai Chamber of Commerce sees record membership growth in first half of 2022
Dubai Chambers also achieved an Emiratisation rate of 59 percent as of the end of June this year
doing business in dubai
Major visa reforms, easing foreign firm entry pay off as Dubai retains top spot for tourism FDI
The UAE emirate generated $1.7 billion across 30 FDI projects, according to The Financial Times’ FDI Markets, making it number one in FDI capital, projects, and job creation
attract investors
Dubai reveals priorities as it positions itself as a global business hub
How Dubai aims to double the economy over the next few years, establish itself as a global business hub and rank number one in quality of life
attract investors
Sheikh Hamdan launches ‘Dubai Global’ to cover five continents
The aim is to strengthen Dubai’s position as a global business hub by establishing a network of 50 offices around the world
business activities
Business conditions in Dubai rise to near three-year high
There has been a strong rebound in the travel and tourism sector which helped push up business activity in May
business opportunities in dubai
Dubai’s newest free zone reveals headquarters aboard Queen Elizabeth 2 floating hotel
DUQE Free Zone aims to provide assistance even beyond the stage of launching a company, to include help with bank account opening, accounting, Emirates IDs, medical fitness checks, health insurance, VAT, and more
100% foreign ownership
Are you following the rules? Dubai free zone inspection patrols are on the rise
Recent regulations are being strictly enforced to confirm that entities have legitimately earned profits corresponding to the commercial activities registered as per their license
attract investors
Dubai’s focus to take FDI ‘to new heights’ will spur profits, productivity, and create new jobs: experts
For each dollar of FDI, the local economy generates another one and exports two more. This means that every added flow of FDI investment has a ripple effect in augmenting value for the local economy, experts told Arabian Business
