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!

Almarai sets five-year capital expenditure at $2.83bn

Almarai's investment programme will be financed through increasing operating cash flow and debt, including Islamic bonds more >>
 

Rainy clouds expected in the UAE following Cyclone Mekunu

NCM officials stressed that the Cyclone Mekunu will not reach the UAE more >>
 

Limited introduction expected for new UAE ownership law, says Al Mulla

The first beneficiaries will include the likes of Apple, Google and Tesla, says chairman of Dubai law firm Baker & McKenzie more >>
 

In pictures: Saudi coalition's efforts to help in Yemen following Cyclone Mekunu

Seven people were missing and hundreds of others evacuated from their homes after Cyclone Mekunu hit the Yemeni island of Socotra Wednesday night, causing severe flooding and damage to houses. more >>
 

In pictures: Cyclone Mekunu strikes southern coast of Oman

Civil defence officials said a man and a 12-year-old girl were killed, while three Asian nations were missing after the cyclone hit Oman's Dhofar and Al-Wusta provinces. Mekunu is now heading towards southern Saudi Arabia and is expected to hit parts of the Empty Quarter, one of the world's most ... more >>
 

In pictures: Amina bint Ahmad Al-Ghurair Mosque lit up for the holy month of Ramadan

During the Holy Month of Ramadan, the faithful fast from dawn to dusk, and abstain from eating, drinking, smoking and having sex during that time as they strive to be more pious and charitable. more >>
 

Video: How the EU's new GDPR law gives people more power online

Part of the European Union's sweeping new privacy regulations could change how people apply for loans, credit cards, and even jobs online. more >>
 

Video: Why now is the right time to invest in Dubai property

Joanne Phillips, general manager of the mortgage division at Holborn Assets, says now is a great time to buy in Dubai. But she warns: "It's a very difficult market to predict. People have been saying we've bottomed out for the last six months, but honestly we still don't know where the bottom is.... more >>
 

Cyclone Mekunu update: 10 dead, 40 missing in Oman and Yemen

285 people rescued as Cyclone Mekunu subsides more >>
 

Abu Dhabi-based VPS Healthcare said to hire Rothschild on London IPO

A London listing by VPS Healthcare would follow other UK share sales by UAE-based medical firms more >>
 

Opinion: A new prescription for healthcare industry in the GCC

A white paper on how to reshape the healthcare sector across the region, from prevention to specialisation more >>
 

Saudi Arabia's Al Khobar becomes first Middle East city to test 5G

The kingdom has set up a national 5G task force to prepare the foundations for a wider roll-out more >>
 

Abu Dhabi's Barakah nuclear plant start-up delayed

The plant will be the first nuclear plant in the Middle East and North Africa more >>
 

Saudi Arabia says 2 soldiers killed in Yemen fighting

Saudi air defences also intercepted and destroyed a Houthi drone that targeted the international airport in Abha in the south more >>
 

Irish singer Imelda May to play Dubai Opera

Since shooting to fame with a rockabilly style, Imelda has since moved towards soft rock and acoustic style with her latest album Life Love Flesh Blood more >>
 

Champions League final injury puts Mohamed Salah's World Cup in doubt

Liverpool boss Jurgen Klopp said the Egyptian injured either the collarbone or the shoulder itself more >>
 

Cyclone Mekunu subsides after lashing Oman, killing 2

Cyclone Mekunu is downgraded to a tropical storm Saturday, a day after lashing the southern coast of Oman more >>
 

Opinion: Why the UAE is transforming all over again

New visa and foreign ownership laws will have a profound impact on the country's innovation economy more >>
 

Entrepreneur of the Week: InstaGlam's Haifa Addas

When Haifa Addas was unable to find a platform where beauty and hair professionals were rated, she decided to create her own more >>
 

Saudi Aramco IPO 'most likely' to happen in 2019

Saudi oil minister Khalid Al Falih confirms delay into next year for what's likely to be the world's largest ever share sale more >>
 
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