The UAE’s retail market is expected to reach AED 200 billion by next year. Analysis by the Dubai Chamber of Commerce and Industry projects that it will also grow by an average of 5% each year. Consumer spending is anticipated to continue rising, with total spending of over AED 750 million across many categories by 2017. According to national news agency WAM, retail and wholesale trade accounts for more than 11% of the UAE’s GDP.
Record-breaking edition of Arabian Travel Market opens
Arabian Travel Market (ATM), the leading global event for the travel and tourism sector, has returned to the Dubai World Trade Centre for its 31st edition.
Latest innovations highlighted at Dubai FinTech Summit
Eight thousand decision-makers, over 300 thought leaders and more than 200 exhibitors have gathered at Dubai's Madinat Jumeirah for the Dubai FinTech Summit, which kicked off on Monday,
Qantas to pay AED 290 million to settle flight cancellation case
Qantas Airways has agreed to pay AED 290 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already cancelled flights, in an attempt to end a reputational crisis that has engulfed the airline.
Warren Buffett's Berkshire Hathaway posts record operating profit
Warren Buffett's Berkshire Hathaway Inc posted a record quarterly profit on Saturday, bolstered by a significant increase in income from insurance underwriting.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
11:00pm - 6:00am
Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.
6:00am - 10:00am
The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
Lawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
Airalo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
