The guide includes listings of some of the leading hotels and resorts in Dubai and contact details for important government offices and services. It also contains useful tips and information for business and leisure visitors alike.
The guide includes listings of some of the leading hotels and resorts in Dubai and contact details for important government offices and services. It also contains useful tips and information for business and leisure visitors alike.
The long-awaited introduction of compulsory medical insurance in Dubai took effect in September 2014, through the first stages of a phased implementation that will bring universal health coverage to all the emirate’s residents by 2016. The plan, which was approved by the government in late 2013, is expected to create new opportunities for insurers, though price...
In the UAE, insurance is licensed by the federal regulator for operators in all seven emirates, the Insurance Authority (IA). The sector is highly competitive, with 60 companies angling for business, according to the IA’s 2013 annual report, in a market where insurance has not yet gained popular acceptance as an essential financial service. Owing to a low penetration...
After almost five years without any initial public offerings (IPOs) on either of Dubai’s two equities bourses, 2014 saw a change – first the drought ended, in March, and then activity scaled up with two new stocks added in an eight-day span in September and October. The outlook for offerings is bright, thanks to a combination of the Dubai government’s commitment to...
Equities are lightly traded across the region, and initial public offerings (IPOs) have been few and far between. In Dubai, however, a capital markets culture that has relied on private wealth and bank debt seems ripe for change. The emirate has four regulated trading platforms, and plans to encourage more activity on them are under way. In 2014 the first equity capital...
The administration of Sharjah, one of the UAE’s seven emirates, continued to implement its long-term economic plan in 2014, with major progress points including the government’s first international sale of sukuk, the sharia-compliant equivalent of bonds, and a partial opening of the real estate sector to foreigners. Efforts are ongoing to enhance...
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