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UAE to form committee to decide sectors for 100% foreign ownership

UAE to form committee to decide sectors for 100% foreign ownership

Government official says authorities are still weighing what industries are to be included in the new law

Sunday’s announcement by Sheikh Mohammed Bin Rashid Al Maktoum, the UAE’s prime minister and the ruler of Dubai, said that specialists in medical, scientific, research and technical fields as well as top students, will be offered residencies of

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Dubai's Careem said to weigh $500m in funding

Dubai's Careem said to weigh $500m in funding

Careem, which competes with Uber in the Middle East, is in talks with investors to raise $500 million, according to people familiar with the matter.

The Dubai-based ride-hailing company plans to raise the money as a precursor to a possible initial public offering and the fund-raising round could value Careem at as much as $1.5 billion, the people

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ADNOC sees 'considerable' interest in $45bn downstream expansion plan

ADNOC sees 'considerable' interest in $45bn downstream expansion plan

Abu Dhabi National Oil Company (ADNOC) has announced that it is receiving considerable interest from potential partners, as it explores a range of new growth options and initiatives to accelerate the delivery of its recently announced downstream strategy.

ADNOC plans to invest AED165 billion ($45 billion) to become a global downstream leader,

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Spinneys' Honey Cake consumption increases by 250% during Ramadan

Spinneys' Honey Cake consumption increases by 250% during Ramadan

Spinneys Dubai has ramped up production of its own Honey Cake to meet soaring demand during Ramadan.

The locally-owned supermarket chain said it is increasing production of its Dubai-produced Honey Cake by almost 250 percent per day during the Holy Month.

“Ramadan is known for its wide variety of desserts and sweets and no Iftar table is complete w

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How the new EU data protection law applies to UAE companies

How the new EU data protection law applies to UAE companies

The European Union’s General Data Protection Regulation (GDPR) that comes into effect on May 25 also-applies to any Gulf-based company that offers goods or services to subjects in the EU or monitors their behaviour, according to local experts.

While the law is primarily designed to ensure data and protection and privacy for people living in the EU

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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Office No: 302 Wasel Business Centre
Near port Saeeed Etisalat Office Deira, Dubai.

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