Dubai is a major hub for e-commerce regionally and globally

Dubai is a major hub for e-commerce regionally and globally There are seven trust service providers (TSP) licensed by the Telecommunications Regulatory Authority (TRA) in the UAE, statistics released recently by the TRA show. TSP is a person or legal entity providing and preserving digital certificates to create and validate electronic signatures and to authenticate […]

What next for Brexit, and what next for the UK?

Dubai: The ongoing Brexit drama took yet another bizarre twist this week, as a vote of no confidence was called in Prime Minister Theresa May. She now faces the real prospect of being dethroned and replaced by someone else from within her party. We’ll have more details as they become available. On today’s episode, we […]

Ghosn detention extended over Christmas and New Year

Tokyo: Former Nissan boss Carlos Ghosn will be spending Christmas and the beginning of 2019 behind bars after a Tokyo court on Sunday extended his detention through to January 1. The court’s decision is the latest twist in a rollercoaster saga that has gripped Japan and the business world since the auto sector titan was arrested […]

Emerald Palace Kempinski, The Palm’s new Dh2.5 billion palace opens doors

Dubai: Such is the attention to detail of Armenian businessman Nver M. Mkhitaryan, that during the construction of his new hotel on the Palm, he went 200 metres underground to hand-pick marble in Portugal — not once, but twice. The Emerald Palace Kempinski is a testament to this precision, and at a cost of over […]

China, US discuss road map for next stage of trade talks

Beijing: China and the United States discussed a road map for the next stage of their trade talks on Tuesday, during a telephone call between Vice-Premier Liu He and US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer. US President Donald Trump and Chinese President Xi Jinping agreed at a December 1 meeting in […]

China cuts tax on US vehicles in move to soothe trade tensions

Beijing: China will remove the punitive duty on automobiles imported from the US for three months in an effort to defuse trade tensions with the world’s biggest economy. China will remove the 25 per cent tariff it had imposed in a tit-for-tat measure, the finance ministry in Beijing said in a statement Friday. Earlier this […]

‘Expo 2020 can change urban development in UAE and region’

Shanghai: Prominent thought leaders from around the world came together in Shanghai, China for a conversation about future cities and the transformative power of World Expos at Expo 2020 Dubai’s second international World Majlis session, which was hosted at the World Expo Museum (WEM). The latest World Majlis session, titled ‘The Future of Cities: World […]

Listen: Why Dubai’s stock market is struggling?

Dubai: One of the most underreported stories of this year has been the Dubai stock market’s slow bleed. The emirate’s main stock index is down 25 per cent so far this year, and ranks as the worst performing market in the world in 2018. On today’s podcast we ask why? To help answer this question […]

Business conditions in Dubai’s non-oil private sector improve; more job vacancies open up

Dubai: Business conditions in Dubai have bounced back, with companies adding new jobs and getting busier than in the previous months, according to the latest analysis. The Emirates NBD’s latest seasonally adjusted Dubai Economy Tracker Index indicated that firms in the non-oil private sector improved strongly in November after a slump a month earlier. Businesses […]

Investment guidelines soon for health care

Dubai: Are you seeing another dental clinic or cosmetic surgery service provider open up in your neighbourhood? And you start thinking there are already way too many? Then you are not the only one. “In primary health care, there are many communities and catchment areas that are oversupplied,” said Dr. Ibtesam Al Bastaki, Director of […]