UAE's Vice President/Prime Minister/Ruler of Dubai - Shaikh Mohammed Bin Rashid al Maktoum was judged as the most influential business leader in the Gulf, ahead of Saudi's King Abdulla and UAE's President Shaikh Khalifa Bin Zayed An Nahyan.
The study which was published by UK's newspaper, The Times look at Gulf's top 25 business leaders.
Quoted from Arabian Business:
The Times cited Sheikh Mohammed’s vision for reform as “fuelling the
frenetic development of the city and spurring the transformation of the
Gulf”.
“Sheikh Mohammed heads our list because he is powerful,
influential and rich. However, it is his role as the catalyst for
change in the region that sets him apart” it added.
Continue reading "Shaikh Mo in Command!" »
Emaar Properties, Dubai based property developer made into Standard & Poor's IFCG Extended Frontier 150 Index. Emaar's is the developer of the iconic (and towering) Burj Dubai - tallest building in the world. The index covers constituents from 26 countries, listing the largest liquid stocks in developing global markets.
As reported by AMEinfo:
The index reveals that Emaar has the highest weighting at 5.59 percent and reflects the company's strong regional presence and growing international recognition. Countries with the highest representation in the index include the UAE, Jordan and Kuwait.
More here
Continue reading "BizTalk: Emaar & Barakat on the Roll!" »
Trader Monthly magazine - US based publication, has published its survey on the best places to trade (globally) wherein Dubai emerged as the only Middle East city listed in the Top 50 list.
Dubai, not only managed to place itself among the elite cities, it has also managed to place itself higher than its "model", city state Singapore (placed at number 33).
Trader
Monthly, targeted at professional traders and hedge fund
managers, ranked 50 cities in an effort to find the ultimate place to
live and trade. Chicago was placed as the top spot in the study. Dubai was placed at a high number 4 behind Chicago, London, New York (Miami is at number five).
Continue reading "Dubai Ranked High Among Traders!" »
Thinking of setting up your own business here in the UAE? Here are some pointers from Gulf News
Dubai: In order to run a business in the UAE, the applicant should not be under 21 years of age.
If the applicant is
younger, permission is needed from the civil court of the emirate where
the person plans to run the business.
The UAE Federal Law
allows expatriates to run their own business here and allows 49 per
cent ownership. The rest 51 can be owned by one or more Emiratis.
In Free Trade Zones
expatriate businesses are exempt from most of the requirements
applicable elsewhere and can hold 100 per cent ownership of the
company.
In Dubai, expatriate
architects, engineers, management consultants, health care
professionals, legal and accounting people can obtain professional
licences in their fields and operate the firms with 100 per cent
foreign ownership, but with an Emirati appointed as a local service
agent.
Continue reading "Setting up in Dubai?" »
Dubai, UAE Arabia's largest travel exhibition, Arabian Travel Market 2007 (ATM)
kicks off today at Dubai International Convention and Exhibition Center.
The annual event will run till May 4, is bigger than last year's with more pavillions added to the long list of exhibitors.
Continue reading "Arabian Travel Market 2007 Starts Today!" »
Mohammad Al Abbar, Emaar's boss was also mentioned in
the December 17 edition (among the people at right place and at the
right time!).
