AMEinfo EXPERTS

Top business stories you missed last week

April 1, 2017 9:01 am

In an unusual move, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, commented on the deal.

Here are the top eight business stories from the Middle East you probably missed this week:

UAE fuel prices dip for the first time in 2017

The collapsing value of oil will have profound consequences around the world, with the potential to destabilise regimes, remake regions and alter the global economy in lasting and unforeseen ways. (READ MORE HERE)

WARNING: Get insurance or pay AED500 fine every month

Dubai’s health watchdog says that 99 per cent – 4.3 million visa holders in Dubai – are already covered under the scheme. (READ MORE HERE)

GITEX to boost struggling consumer electronics market

Dubai’s electronics market is forecast to exceed $3 billion by 2020 on the back of portable consumer electronics that is expected to continue its lead with sales forecast of $1.27bn over the next four years. (READ MORE HERE)

Abu Dhabi’s Khalifa Port set to become world’s largest

The 100 sq km Khalifa Port Free Trade Zone, located next to Khalifa Port, is the second fastest growing port in the world. The new free trade zone will be connected to the future rail network for the transport of goods. (READ MORE HERE)

Trump electronics ban: Gulf airlines know how to bypass it

Turkish and Gulf airlines are touting free WiFi and better in-flight connectivity for smart phones as they scramble to mitigate the impact of a ban on laptops in plane cabins bound for the U.S. (READ MORE HERE)

How will VAT affect the UAE healthcare sector?

The UAE healthcare sector to reach $28bn (AED103bn) in 2021 and a  zero rate of VAT will be applied to healthcare services.  (READ MORE HERE)

Update: Amazon buys SOUQ.com

In an unusual move, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, commented on the deal. (READ MORE HERE)

Vice Media is here: Dubai gets 50 new journalism jobs

Vice, which is aiming for 50 staff in Dubai by the end of the year, will launch a website and digital channel this summer and is in active discussions about a 24-hour regional cable channel to be broadcast from the emirate. (READ MORE HERE)

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AMEinfo Staff
By AMEinfo Staff
AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.