Friday 19 April 2024
 
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DED adds 44 new business activities in vital sectors

The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, added 44 new business activities across a number of sectors in the first 10 months of 2018. The move will promote busin

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SMEs playing ‘vital role in global value chains’

As global value chains have become a dominant feature of today’s global economy, there is growing evidence that the nature of trade is changing, according to World Trade Organisation (WTO) deputy director-general Yonov Frederick Agah. Sp

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Long-term financial goals vital for Bahrain residents

Bahrain’s local and expat population may be too focused on achieving relatively short-term financial goals and neglecting long-term planning, revealed new research. Zurich International Life and Citi released findings of the

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CSR playing vital role in boosting business

Companies in Bahrain must look at corporate social responsibility (CSR) as a tool to further develop the landscape of Bahrain, a top businesswoman has said. According to Y K Almoayyed & Sons managing director Mona Almoayyed as

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Saudi market ‘vital for Asry’s growth strategy’

The Saudi Arabian market is fundamental to Bahrain-based Arab Shipbuilding and Repair Yard Company’s (Asry) growth strategy, the ship and rig repair yard's top officials have said. This comes after the yard announced its

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UAE 'crucial to global energy security'

The UAE, which holds about 10 per cent of the world’s known oil reserves, is a vital contributor to world energy security, said the head of Organization of Petroleum Exporting Countries (Opec). The UAE has been 'an Opec member country

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Outsourcing 'to play vital growth role'

The business process outsourcing (BPO) industry will play a significant role in fostering cultural and economic growth in the upcoming decade, according to a Gulf expert. 'Economic growth is a very pertinent topic today and given the h

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Infrastructure push vital for growth

Significant social and economic benefits will be long-lasting only if infrastructure projects are scrutinised through a rigorous cost-benefit analysis, said a report published by the Dubai International Financial Centre (DIFC). The report

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