Dubai - BXB Blog: SME Insights and Trends

Dubai Economy Grows 4% to $32.6bn in Q1 2025 as Health, Property and Finance Surge…

Dubai’s economy expanded to AED119.7bn ($32.6bn) in the first quarter of 2025, up 4% compared to the same period in 2024, underscoring the emirate’s economic resilience and sectoral diversity.

Disneyland Featured

New Disney Theme Park announced in Abu Dhabi...

Announcement of the Disney Theme Park Resort project on Yas Island, Abu Dhabi, following a strategic partnership agreement between The Walt Disney Company and Miral.

USA Featured

How Trump’s ‘Reciprocal’ Tariffs work and what they mean for Global Trade...

Trump argues that decades of “unfair” trade practices have hollowed out America.

Abu Dhabi Featured

UAE Foreign Trade Hit Record $817bn in 2024...

The UAE’s foreign trade has reached a historic milestone, touching AED3tn ($817bn) for the first time by the end of 2024.

entrepreneurs Featured

Global Entrepreneurs Bet Big on Dubai…

Dubai took the top spot with the startup ecosystem valued at over $23 billion at the end of 2023.

Abu Dhabi Featured

Gold Prices Surge to All-Time High…

Gold prices surging to an all-time high of $2,708 last week, as expectations of further rate cuts by the US Federal Reserve and uncertainties over the impending US election, boosted demand for bullion.

Abu Dhabi Featured

Dubai Rises as Epicentre of PropTech Innovation…

PropTech startups in the MENA region secured $200 million in funding in the first half of 2024.

Dubai Featured

Dubai Scores Again as AC Milan joins Real Madrid, Barcelona, Man City, PSG and more in opening base in the Emirate…

Dubai has a goal to become a major hub for international football clubs setting up training academies.

Dubai Residentcy Featured

UAE Announced a New 10-year Blue Residency…

UAE announced a new 10-year visa for individuals who have made “exceptional contributions and efforts in the field of protecting the environment”.

Dubai Featured

Why are International Businesses relocating to Dubai…?

UAE News: Dubai will “never compromise” on the safety and security of individuals visiting, living and working in the city, Hoor Al Khaja, Senior Vice President of International Operations at Dubai Department of Economy and Tourism (DET) told Arabian Business. From January to March 2024, DET recorded 5.1 million

Dubai Featured

UAE Golden Visa: Wealthy ‘Retirees’ Flock to Dubai after $272,000 Rule Change…

Dubai’s exceptional services and amenities, including addition of a range of world-class healthcare facilities, are also acting as catalysts for potential relocation for cash-rich retirees.

Dubai Featured

UAE Announces Ramadan 2024 Working Hours for Public and Private Sector…

UAE News: The UAE has announced reduced working hours for the public and private sectors during Ramadan 2024. The Ministry of Human Resources and Emiratisation (MoHRE) announced a reduction of two working hours per day for private sector employees during the Holy Month of Ramadan. UAE is forecast to grow

Dubai Featured

UAE Golden Visa Eligibility Requirements Eased for Dubai Real Estate Investors

UAE’s economy is forecast to grow by 5.7% YoY in 2024, according to the Undersecretary of the Ministry of Finance.

Dubai Featured

BRICS UAE, Saudi Expansion Marks Biggest Challenge to the US Dollar in the 21st Century…

UAE News: Dubai PMI rose to a 16-month high of 57.7 in December (Novemver: 56.8), supported by the wholesale & retail sector’s strong “upturn in sales” alongside the travel & tourism sector’s “rapid” growth. New order growth was the second-fastest recorded since June 2019 and job

Dubai Featured

UAE ‘Silver Visa’: 5-year Trade Licence and Visa Package…

Dubbed a “silver visa” the start-up offer is available at a fraction of the price of golden visas, which can require significant financial investments.

Dubai

Dubai prepares to Welcome back Tourists from 7th July...

Dubai allowed the resumption of more activities as well as allowing children under the age of 12 and those above 60 to visit malls and other public areas.

Dubai

Saudi Arabia’s PIF announced USD 1.07 Billion “Jada” Initiative to support SME’s ...

Abu Dhabi’s Non-Oil Trade declined by 8.8% yoy to AED 154.4 Billion (USD 42 Billion) in January-September 2019, as a result of a 12.7% decline in imports alongside a 14.8% dip in exports.