Thursday 2 April 2015
 
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UAE

UAE President issues new companies law

The UAE President HH Sheikh Khalifa bin Zayed Al Nahyan has issued a new federal law on commercial companies which is aimed at strengthening the country's competitiveness regionally and globally. The Commercial Companies Law No. 02

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UAE residential markets post steady growth in Feb

The property rental rates in both Dubai and Abu Dhabi residential markets witnessed steady growth in February increasing 7.7 per cent and 2.2 per cent year-on-year (y-o-y) respectively, said a report. The villa sales market too ha

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UAE plans to boost gas import capacity

The United Arab Emirates plans to increase its gas import capacity and sees a fall in liquefied natural gas (LNG) prices as an incentive for many countries to diversify their gas supplies, the country's energy minister said on Wednesday.

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UAE Banks Federation, SWIFT discuss financial regulations

UAE Banks Federation partnered with SWIFT to bring together senior representatives from financial institutions across the region to look at the impact of global regulations and to discuss the adoption of global best practice. More

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UAE contractor Al Shafar wins top CSR award

Al Shafar General Contracting Company (ASGC), a leading UAE construction group, said it has won the prestigious corporate social responsibility (CSR) label by the Dubai Chamber for responsible business. The Dubai Chamber CSR Label

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AIM: Non-oil sectors major contributors to the economy

The Annual Investment Meeting (AIM 2015), an event aimed setting a comprehensive set of guidelines for future investments in high-growth regions, revealed that the contribution of non-oil sectors to the gross domestic product played an important

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GCC banks register double-digit growth in 2014

The banking industry in the Middle East maintained double-digit revenue growth in 2014 with a 10 per cent increase, stemming largely from major customer segments such as retail and corporate banking as well as international business and treasury

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Etisalat, LG to roll out LG G Flex2 smartphone in UAE

UAE’s leading telecommunication operator Etisalat and LG Electronics have paired up to roll out LG G Flex2 smartphone. The consumers in the UAE will have the opportunity to own the curved LG G Flex2 smartphone for free throu

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UAE to allow 100pc foreign ownership of firms

The United Arab Emirates is at an advanced stage of drafting a foreign investment law to allow 100 per cent foreign ownership of businesses in some sectors, the country's economy minister said at a conference on Monday. Sultan

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UAE to allow 100pc foreign ownership of firms

The United Arab Emirates is at an advanced stage of drafting a foreign investment law to allow 100 per cent foreign ownership of businesses in some sectors, the country's economy minister said at a conference on Monday. Sultan

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