DubaiConnect.ae - Economy

DubaiConnect.ae is providing resources for English speaking Business Professionals living in, visiting, or interested in Dubai and UAE. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on DubaiConnect.ae!

Faring badly: Uber struggles to make inroads in Japan

Uber may be shredding business models for taxi firms the world over but it is struggling to make inroads in Japan, More... more >>
 

India raises import tax on cellphones, move to hurt Apple

India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a More... more >>
 

Facebook moves to make more video ad money

Facebook on Thursday moved to bolster its appeal and money-making potential as an online platform for viewing video More... more >>
 

Japan firm says it will pay part of salaries in Bitcoin

A Japanese company will start paying part of its employees' salaries in Bitcoin, as it aims to get better understanding More... more >>
 

Saudi Arabia announces Dh70bn private sector stimulus package

Saudi Arabia's government has approved the expenditure of 72 billion Saudi Riyal (AED70.51 billion) to stimulate the More... more >>
 

Dubai Airports prepares for busiest December to date

The Dubai International Airport is all set to welcome almost 8 million passengers during December. Predicting the More... more >>
 

Abu Dhabi-based fund to invest $2bn in India technology

Next Orbit Ventures (NOVF) ESDM, a newly established Abu Dhabi-based fund, has launched a US$2 billion fund to invest More... more >>
 

Dubai's Abraaj buys stake in Turkish online travel agent

Investment firm says Turkey's online travel market is a 'compelling sector' to invest in more >>
 

UAE expat remittances hit $33bn in nine months

Asian workers, accounting for 82% of the total labour force in the country, sent 51% of total remittances during Q3 more >>
 

Winter cuts dent China's industrial output

China's industrial output slowed again in November, official data showed Thursday, as authorities press on with their More... more >>
 

UAE, Saudi, Bahrain raise interest rates by 0.25%

Increase in cost of loans for everything from houses to cars following hike more >>
 

Dubai billionaire joins Spielberg in backing VR start-up

Majid Al Futtaim is named among investors in Los Angeles-based Dreamscape Immersive more >>
 

$2bn Abu Dhabi fund launched to support Indian electronics market

Next Orbit Ventures aims to build infrastructure to cater to fast-growing market for electronic goods more >>
 

Dubai's Abraaj buys stake in Tunisia's largest telecom operator

Investment firm says it has bought stake in Tunisie Telecom from Emirates International Telecommunications more >>
 

Pak rupee devaluation prompts UAE surge in remittances

Pakistani authorities agreed to let the rupee float in an effort to stem a balance of payments crisis and boost falling exports more >>
 

Shark-spotting drones on patrol at Australian beaches

High-tech shark-spotting drones are patrolling dozens of Australian beaches this summer to quickly identify underwater More... more >>
 

Why HUAWEI Mate 10 and HUAWEI Mate 10 Pro smartphones need to be on your wish list this holiday season?

Are you looking for the perfect holiday gift? Everyone loves to stay connected, so at the top of every wish list will More... more >>
 

Saudi Arabia said to set up entity for assets taken in purge

Sources say Gulf kingdom is talking to consultants about how to set up the organisation more >>
 

Saudi Arabia set to begin cash transfers to poorer citizens

Payments under the so-called Citizen's Account will start on December 21 more >>
 

Dubai's Amanat eyes $490m spend on healthcare, education

Dubai-based investment firm plans acquisitions as it expands across Middle East more >>
 
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