Business & Money | Monday 7 March, 2016 5:19 am

MoI Takes Part in Simulation and Training and UMEX 2016 Exhibitions

The Air Support Department at the General Directorate for Security Support contributed to the Ministry of Interior (MoI)’s participation at the 2nd Unmanned System Exhibition (UMEX 2016) and the 1st Simulation and Training Exhibition. Organized by the Abu Dhabi National Exhibition Company in...

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Business & Money | Sunday 6 March, 2016 3:39 pm

Prime Minister Proud of Dominicans Living in UAE

Prime Minister of the Commonwealth of Dominica, Dr. Hon. Roosevelt Skerrit has hailed as "very significant" the contributions of Dominica citizens living in Dubai and elsewhere in the United Arab Emirates. Mr. Skerrit...

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Business & Money | Sunday 6 March, 2016 3:04 pm

Director General of the UAE Insurance Authority to keynote world’s largest gathering of Takaful leaders

The conveners of the 11th annual World Takaful Conference (WTC) - Middle East Global Advisors - announced that H.E. Ebrahim Obaid Al Zaabi, Director General of the UAE Insurance Authority (IA), will keynote the upcoming gathering of the global Takaful industry this April 11th. H.E. Al Zaabi will...

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Business & Money | Sunday 6 March, 2016 12:23 pm

Annual Investment Meeting (AIM) to highlight challenges facing energy sector

HE Sultan Bin Saeed Al Mansoori, UAE Minister of Economy has hailed the UAE, as a safe and sought-after investment magnet, due to its security and safety elements and political stability, in the midst of the region’s political and economic tensions. He further said that the UAE’s...

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Business & Money | Sunday 6 March, 2016 12:00 pm

VAT in the GCC: Now or Never?

Though nothing has as of yet been confirmed, senior officials from Saudi Arabia, Oman and the UAE have all referred to implementing Value Added Tax (VAT) by GCC governments over the next two years and so it seems only a matter of timing rather that 'if' VAT will come. To that...

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Business & Money | Sunday 6 March, 2016 11:38 am

AHLI UNITED BANK LIMITED LAUNCHES OPERATIONS IN DIFC, DUBAI AS FIRST GCC BANK WITH CATEOGRY 1 LICENSE

Ahli United Bank Limited (AUBL), a 100% subsidiary of Ahli United Bank B.S.C., has today launched its banking operations in Dubai International Financial Centre (DIFC), UAE with an initial paid up capital of US$ 25 million. AUBL has become the first bank in the GCC region to receive the Category 1...

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Business & Money | Sunday 6 March, 2016 11:22 am

Why Businesses Can No Longer Overlook the Employer Branding Equation

The success of a company is largely dependent on the employees it attracts and retains, and Bayt.com, the leading job site in the Middle East, now offers companies an extended scope of opportunities to utilize innovative tools and solutions to attract top quality candidates specifically by...

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Business & Money | Sunday 6 March, 2016 11:20 am

Volvo XC90 picks up two accolades at Wheels Car of the Year awards.

It was clean sweep for the Volvo XC90 as it picked up two prestigious awards from a field of strong contenders at the annual Wheels Car of the Year awards.    Volvo’s latest SUV picked up Premium SUV and Car of the Year 2016 awards from a jury comprising the motoring editors...

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Business & Money | Sunday 6 March, 2016 11:17 am

Saudi Arabia on right path to overcome weak oil prices

Weaker oil prices present a serious challenge to the growth outlook for the GCC region, which was already facing economic concerns. However, serious fiscal reform should see the region avoid recession, according to a new ICAEW report. According to the report Economic Insight: Middle East...

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Business & Money | Sunday 6 March, 2016 8:47 am

10th Annual Cisco Visual Networking Index (VNI) Forecasts 15-fold Growth in Mobile Data Traffic

Since 2000, when the first camera phone was introduced, the number of mobile users has quintupled. By 2020, there will be 5.5 billion mobile users, representing 70 percent of the global population, according to the Cisco Visual Networking Index™ (VNI) Global Mobile Data Traffic Forecast (2015 ...

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