Articles
Abu Dhabi to host own boat show next year
The Abu Dhabi International Boat Show will take place in October next year in association with British Marine Boat Shows.
Gulf Craft plans IPO by end of 2017
Erwin Bamps, the chief executive, said the company is looking at a partial IPO to fund new vessels, which will need in excess of Dh100m.
Careem app now lets you book a cab in Dubai
The new service will cost no more than hailing a Dubai taxi on the street, or calling the RTA hotline.
Japan’s Wagyu exporters seek to double premium beef shipments to the UAE
The apparent willingness of UAE customers to buy the best has led the Japanese to target the country, selling pure Wagyu-Kobe beef.
Apple, Emirates and Cheesecake Factory lead the way in UAE consumer satisfaction
The country’s cafes topped the list of most satisfying service, with new cars sales and electronics in second and third position, respectively.
UAE’s Coffee Planet aims to build on growing appetite for lattes
The UAE purveyor of coffe across the country and wider GCC plans major growth this year to take advantage of what is expected to be a rise in annual consumption.
Marka will continue with cost-cutting after second straight annual loss
Marka said 2016 full-year net loss widened to Dh88.2 million from a net loss of Dh56.9m in 2015. The retailer did not provider fourth-quarter figures.
Dubai retailer Marka launches Paris 68 brand concept
There are 10 Paris 68 outlets planned for the UAE and more across the GCC.
Jollibee to open more outlets in the UAE
'Jollibee knows its business and its customers but you need to sell a lot of chicken at Dh18 to make a profit,' said Naim Maadad, chief executive of the hospitality development company Gates Hospitality.
Careem ‘Ride Now’ service restored in Abu Dhabi
The service had been curtailed since last August, Careem shut down its operations in the capital when a number of their drivers were taken into police custody for transgressing strict private limousine pricing regulations.
Increasing visitor numbers at Adnec help Abu Dhabi economy
The exhibition sector is a key plank in the government’s strategy to increase the role of business tourism, generating significant non-oil-related revenue.
UAE fast food brands looking for franchise partners overseas to grow
The UAE’s food and beverage market appear to be booming, but the rapid growth of the sector has created over-capacity in some parts of the country.
Lulu opens new Saudi hypermarket
The group has plans for another six hypermarkets to open in the country this year with three in the eastern province, two in the Riyadh area and one in Jeddah.
Late payments to UAE firms doubled last year, says credit insurer Coface
2016 was a tumultuous year for trade, which meant many companies had to wait twice as long for payment as a year earlier.
