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| A comprehensive guide
to current and future events and exhibitions in the UAE |
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Valuable concise reference source on the UAE,
covering political system, economy, business, history and heritage,
education, women, healthcare, tourism and environment. |
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Natural history of the UAE,
covering all animals and plants recorded in the Emirates. |
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THE ECONOMY - BUSINESS
 UAE's DPG becomes member of UN Global Compact
Posted on 08/02/2010
Dubai Properties Group (DPG), a member of Dubai Holding, yesterday announced it has become a member of the United Nations Global Compact (UNGC), an initiative that encourages businesses worldwide to adopt sustainable and socially responsible policies.
With the UNGC membership, Dubai Properties Group joins an elite list of over 5,500 business participants and other stakeholders from more than 130 countries.
Launched in July 2000, the UN Global Compact acts as a policy platform and a
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 UAE Government is among most trusted entities, says survey
Posted on 27/01/2010
Edelman's global survey released annually at the World Economic Forum (WEF) in Davos, Switzerland, has revealed UAE opinion-formers have relatively high levels of trust across most institutions, including government, business and media.
Trust in government in the UAE is among the highest in the world at 67 per cent, while trust in banks is high at 75 per cent, compared to levels as low as 29 per cent in the United States and 19 per cent in Germany.
As is common across the world, technology
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 UAE scores high in economic freedom
Posted on 24/01/2010
Economic freedom â ease of doing business â improved further in the UAE last year, as its overall score was higher than the global and regional averages, reflecting improved sentiments particularly in business freedom, investment freedom and property rights, said a survey.
The 2010 Index of Economic Freedom published by Washington-based Heritage Foundation and the Wall Street Journal has ranked the UAE as the 46th most economically free country, registering an increase of 2.6 points to 67.3
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 Greek Daily: UAE has overcome global financial crisis
Posted on 10/01/2010
A widely circulated Greek newspaper said that the United Arab Emirates has overcome the global financial crisis triumphantly, thanks to its wise leadership and the strength of its economy, rich with opportunities and based on solid foundations to resist tremors experienced by global markets.
A wide-ranging article written by its journalist Nicholas Zergani, Greece's powerful newspaper âEleftherotypia' shed light on the thriving economy and civilisation in the UAE.
The writer was in UAE to
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 Mohammed exempts companies from fines of renewal of licences
Posted on 07/01/2010
Vice President and Prime Minister of the UAE H. H. Sheikh Mohammed bin Rashid Al Maktoum issued in his capacity as Ruler of Dubai a decree exempting companies operating in Dubai from all fines imposed on them for not renewing their licences of practicing the profession on time.
The exemption will also include companies operating in special development districts and free zones.
Only companies who will rectify their status before the grace period ending June 2010 will benefit from this
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 Ajman to create 1,500 activities
Posted on 03/01/2010
Sheikh Rashid bin Humaid Al Nuaimi, Chairman of Ajman Municipality and Planning Department (AMPD), has instructed to create 1,500 new trade activities in the fields of public health and foods, according to results monitored by annual report 2009.
This comes as a result of confidence between AMPD and people dealing with it as well as big demand for investment in emirate's market because of laws and facilities presented to such activities and noticeable increase of import and export in this
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 Registrations of foreign companies rise in UAE
Posted on 31/12/2009
The number of foreign companies registered in the UAE increased in 2009 despite the international financial crisis, the Ministry of Economy (MoE) has revealed.
"There has been a large increase in the number of foreign firms registered with the ministry since the beginning of the crisis," Mariam Shamlan Issa, Head of the Foreign Companies Registration Section at the MoE's Commercial Registration Department, told Emirates Business.
"The number of foreign companies registered in the country
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 National plan to develop small and medium businesses: Al Mansouri
Posted on 30/12/2009
His Excellency Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, said the Ministry will be the federal authority responsible for developing the small and medium business sector in the UAE, following an official request from the Cabinet. He said the Ministry is working a national plan to drive economic development by enhancing the role of SMEs and in coordination with concerned government departments in the UAE.
He was chairing the sixth meeting of the Coordination and Economic
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 Dubai to emerge stronger in post crisis era
Posted on 30/12/2009
Dubai will emerge stronger in the post global economic crisis era, according to Abdul Rahman Al Saleh, Director General of Dubai's Department of Finance.
Addressing the The Emirates Bankers Forum, which is a monthly gathering organised by Sulaiman Al Mazroui, president of the forum, Al Saleh said Dubai is a fundamentally strong economy which can withstand the global crisis.
"As we are all aware, Dubai has been hit by the crisis as have all economies around the world. Dubai is working
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 RAKIA introduces themed industry cluster concept
Posted on 29/12/2009
Ras Al Khaimah Investment Authority (RAKIA) has announced that it is planning to launch an elaborate concept of themed industry zones to create a world-class manufacture clustering with a high-quality business and industrial environment.
Ras Al Khaimah is ideally situated to become an industrial centre in the region and has already emerged as an import and export hub servicing the global market in a number of industries like ceramic, cement and glass. With RAKIA's new cluster concept Ras Al
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 âAbu Dhabi âFirstâ group wins ADCCI elections
Posted on 22/12/2009
H.E Ahmed Ibrahim Al Za'abi, head of elections committee of Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced today that the 'Abu Dhabi - First' alliance has swept the second leg of elections, winning the all 15 seats of the board for the term 2010- 2014.
The group has won the highest number of votes cast with Fatima Obeid Al Jaber came in the first position, followed by Sheikh Mubarak bin Ham the second and the Khalfan Saeed Al Ka'abi taking the second and third places
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 UAE business confidence among highest in world
Posted on 17/12/2009
Confidence levels in the UAE have soared as business leaders agree signs of green shoots have been more apparent.
A research by international law firm Eversheds show that respondents in the UAE is now more positive, with 69 per cent saying they are confident of their economic prospects over the coming year. The research shows confidence levels in Dubai were at 63 per cent. This is significantly higher than London's 22 per cent and New York's 35 per cent.
The UAE is not very far off from
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 New bankruptcy law to be announced in the UAE within months
Posted on 16/12/2009
A comprehensive bankruptcy protection law is expected to be announced by the UAE Federal Government âwithin months', which will give adequate legal cover to companies under financial stress, a top Dubai Government official said.
"The government is working on issuing a comprehensive bankruptcy/insolvency law that will protect businesses under financial stress and help them move forward," Hamad Bu Amim, director-general of the Dubai Chamber of Commerce and Industry told Gulf News. "This is in
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![]() Dubai Deputy Ruler receives CEO of J.P. Morgan
Posted on 11/12/2009
Deputy Ruler of Dubai and Chairman of Dubai International Financial Centre (DIFC) HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, received yesterday James Staley, CEO, Asset Management, of J.P. Morgan.
At a meeting held at the Deputy Ruler's office, they reviewed the overall regional and global economic and financial situation.
JP Moragan's regional office is based at the DIFC.
Sheikh Maktoum discussed with Staley regional and international economic and financial developments. They
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![]() UAE has the fourth-best tax regime in the world
Posted on 09/12/2009
The UAE has the fourth-best tax regime in the world for businesses and this helped the country to continue to attract direct foreign investment during the global meltdown, according to a new study.
The report Paying Taxes 2010 â The Global Picture places the UAE among the top 10 economies with the lowest total tax rates (TTR) and simplest compliance requirements for doing business. The study was produced jointly by the World Bank Group, PricewaterhouseCoopers (PwC) and the International
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