FreeLance Advertising Specialist in UAE

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Abu Dhabi Ports announces expansion of free trade zone

Abu Dhabi Ports announces expansion of free trade zone

The free zone to attract a wide range of industries to boost diversification ABU DHABI FreeZone Abu Dhabi Ports on Tuesday announced the expansion of free trade zone to accommodate more industries. Khalifa Port Free Trade Zone (KPFTZ) is a 100 square kilometre free zone area located adjacent to Khalifa Port. “KPFTZ provides numerous advantages to investors including competitive lease prices and…

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Company Setup in Sharjah Media City - Shams FreeZone Sharjah

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Start Your Business in Shams (Sharjah Media City FreeZone)

Shams born digital. We offer fast, easy, and cost effective setup process. Our digital window provides everything you need from licensing, visas, and real estate, in digital speed.

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27.7% Increase in Net Profit of Dubai Silicon Oasis Authority in 2016

27.7% Increase in Net Profit of Dubai Silicon Oasis Authority in 2016

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), today announced that Dubai Silicon Oasis (DSO) has successfully transformed into a preferred integrated destination for IT companies and entrepreneurs, and an exemplary pioneer of the smart city model. The announcement followed the release of DSOA’s yearly results that showed positive performance…

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UAE economy minister optimistic about growth in 2017

UAE economy minister optimistic about growth in 2017

Al Mansouri expects GDP growth to be between 3.5 to 4 per cent Abu Dhabi: The UAE’s Minister of Economy Sultan Bin Saeed Al Mansouri expressed optimism yesterday that the economy will continue to grow this year, boosted by higher oil prices. However, he also cautioned growth will depend on a number of factors including stability in the region and the political scene globally. “I am positive…

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Hong Kong keen to invest in UAE startups

Hong Kong keen to invest in UAE startups

Hong Kong is very keen to invest in the growing UAE startup industry and is open to facilitate cross border investments in key economic sectors, said Abdul Aziz Nasser, deputy director, Middle East, HKTDC on Tuesday. “Hong Kong Trade Development Council (HKTDC) realises the strong ties between UAE and Hong Kong industry and urges the budding entrepreneurs to approach us with their projects. We…

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IT spending in Mena to reach $155.8b in 2017

Gartner expects 2.4% spending growth after flat 2016 Dubai: IT (Information Technology) spending in the Middle East and North Africa is expected to rise 2.4 per cent in 2017 to reach $155.8 billion, driven by sectors such as banking, securities, and communications driving that growth. According to the latest forecast from Gartner, an IT research company, others sectors that will also drive growth…

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DIFC, Gujarat International Finance Tec-City sign

DIFC, Gujarat International Finance Tec-City sign

In an effort to encourage further cooperation and collaboration between the financial centres, Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Gujarat International Finance Tec-City (GIFT). The MoU calls for sharing best practices of mutual interest, exchanging information on banking, financial service and securities, legislation and regulation,…

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14% increase of registered companies in Jafza’s building and construction sector

14% increase of registered companies in Jafza’s building and construction sector

DP World Company and UAE’s flagship trade and logistics hub, have seen a growth of 14% in the number of registered companies, since June 2015 to June 2016. The growth is attributed largely on the commitment of GCC countries when it comes to developing infrastructure, as well as the economic stimulus that has been generated by Expo 2020 projects. DP World Company is a building and construction…

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UAE’s innovation strategies set to become huge game changers

Due to UAE’s constant efforts enhancing its status through innovation and creativity, it has now become one of the leading countries in the Gulf region. The country also has been able to create an ideal destination where people can grow their businesses and nurture talented professionals. The UAE has expanded into a knowledge-based economy by supporting research, science and technology. Private…

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FDI in Abu Dhabi rises by 8.6 per cent to Dh88.95 billion in 2015

According to the foreign investment survey, the foreign direct investment (FDI) in Abu Dhabi has grown by 8.6 per cent from Dh81 billion in 2014 to Dh88.95 billion in 2015. This survey was conducted by the Abu Dhabi Statistics Centre. The foreign direct investment for economic activity, the portfolio and other investments. The growth seen during 2014 to 2015 is due to the increase in various…

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Leading Debt Recovery Company in UAE

The number of individuals and businesses failing under debt across the globe is at an all-time high nowadays. Debt is causing various negative effects on hundreds of businesses as they are suffering from many of their customers continuously not paying their outstanding amounts on time which is interfering with their business operations. A collection account negatively affects a debtor’s credit…

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Big ambitions and projects shared among Dubai and China

Big ambitions and projects shared among Dubai and China

Economic officials from Dubai took a trip for three days to Shaghai so that they can “show” the Chinese what Dubai has to offer. Their goal was to not only attract Chinese investors to expand and have a bigger presence in the emirate, it was to also show the opportunities Dubai provides for their companies in terms of growth, even beyond the city itself. Managing Director at Invest Dubai, Falcon…

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Digital postdated cheque facility introduced by Emirates NBD

Postdated cheques are now being introduced through smartBUSINESS, the online banking channel by Emirates NBD’s Wholesale Banking unit. Postdated cheques can now be scanned through “ICCS Collect”, which is the collections offering on smart BUSINESS, it will then warehouse the images digitally until the date of clearance. The product provides online cheque deposit tracking system, auto generated…

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Dubai makes property will registrations easier

A partnership between DIFC Wills & Probate Registry (WPR) and Dubai Land Department has made the process of probating a will containing property bequests, a lot easier. When a probate case becomes active, the new arrangement will set out a clear process that people can follow. Basic property ownership details can be verified by WPR as it will be able to access and search through certain Land…

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Dubai FDI programme to drive investment and support services

Dubai FDI programme to drive investment and support services

The Dubai Investment Development Agency, Dubai FDI, Department of Economic Development (DED), hosted the regions first specialized programme to qualify leaders from the public and private sectors to successfully pursue foreign investment and support investors. For the programme, the two companies were also in partnership with the Conway Advisory and Global FDI Association. This programme will…

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Dubai commences construction of the world’s tallest tower

The foundation of a new iconic structure has been laid out by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai. Expected to be completed by 2020, ‘The Tower at Dubai Creek Harbour’ project will be the tallest tower in the world. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and H.H. Sheikh Maktoum bin Mohammed bin…

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DP World’s multi-million dollar investment to collaborate with Hyperloop One

In order to support the U based company, Hyperloop One in its research and development of technology building, DP World will be providing the company with a multi-million dollar investment. DP World will now be a significant investor in Hyperloop One, with the Chairman and CEO of DP World Group, Sultan Ahmed Bin Sulayem being elected to Hyperloop’s Board of Directors. Hyperloop One benefiting…

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