Business

First Edition of New Dubai Home Festival to be held from 18 April to 1 May 2019

First Edition of New Dubai Home Festival to be held from 18 April to 1 May 2019

09 Apr 2019

Dubai, United Arab Emirates, 9 April 2019: Celebrating the very best of the emirate’s homeware offering, Dubai Festivals and Retail Establishment (DFRE) has announced the inaugural Dubai Home Festival (DHF) will run from Thursday 18 April to Wednesday 1 May and give interiors fans the perfect opportunity to shop. Showcasing Dubai as the hub of homeware in the Middle East, the citywide event will feature an array of unmissable home furnishing sales, exclusive promotions, events and life-... Read More

Annual Investment Meeting opens with main focus on FDI

Annual Investment Meeting opens with main focus on FDI

09 Apr 2019

Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai and in the presence of Sheikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, the Annual Investment Meeting (AIM) 2019 opened on Monday, 8th April. The 9th edition of the world’s biggest platform for foreign direct investment (FDI) will run until 10th of April in Dubai under the theme ‘Mapping the Future of FDI: Enriching World... Read More

Mohamed bin Zayed receives Chechen leader

Mohamed bin Zayed receives Chechen leader

09 Apr 2019

WAM -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on 8th April, the Head of Chechnya, Ramzan Kadyrov, who is currently visiting the country.

During the meeting, held at Qasr Al Bahr Majlis, His Highness Sheikh Mohamed welcomed Kadyrov and shed light on the importance of cooperation with Chechnya to the best interest of the two friendly peoples.

The two leaders also addressed ways to... Read More

Louvre Abu Dhabi launches the second edition of its globally acclaimed Highway Gallery

Louvre Abu Dhabi launches the second edition of its globally acclaimed Highway Gallery

09 Apr 2019

Louvre Abu Dhabi’s globally acclaimed Highway Gallery returns for its second edition this spring. From 7 April, ten new artworks from Louvre Abu Dhabi’s collection, reproduced as giant 3D sculptures or 10-metre high billboards, will appear alongside the E11 Sheikh Zayed Road from Dubai to Abu Dhabi.

As drivers tune into one of the partner radio stations and approach the display, they will automatically hear a 30-second story about each artwork as part of a collaboration with Abu Dhabi... Read More

Meraas signs exclusive ten-year naming rights deal with Coca-Cola for Dubai Arena, to become Coca-Cola Arena

Meraas signs exclusive ten-year naming rights deal with Coca-Cola for Dubai Arena, to become Coca-Cola Arena

08 Apr 2019

Monday 8th, April 2019, Dubai: Meraas, a diversified Dubai-based holding company has signed a 10-year agreement with The Coca-Cola Company for the exclusive naming rights for Dubai’s first and biggest indoor, multipurpose arena. Upon completion, the 17,000-capacity arena will be known as the Coca-Cola Arena.

Located at Meraas’ popular urban retail and residential destination City Walk in Dubai, the hugely-anticipated arena will open to the public in June this year and will become the... Read More

UAE qualifies for Ice Hockey World Cup

UAE qualifies for Ice Hockey World Cup

08 Apr 2019

The UAE team was proclaimed leading in the Asian qualifiers for the Ice Hockey World Cup with 12 points despite losing the final match to Kyrgyzstan on Saturday.

The International Ice Hockey Federation canceled the results of the match on the grounds that the Kyrgyz violated the rules of player registration, thus proclaiming the UAE as winner.

The Asian qualifiers for the Ice Hockey World Cup was held in Abu Dhabi Ski Hall in Zayed Sports City.

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Etihad Airways offers free luggage allowance for golfers

Etihad Airways offers free luggage allowance for golfers

08 Apr 2019

Etihad Airways, the national airline of the UAE, is welcoming golfers to Abu Dhabi’s renowned courses, allowing them to bring their golf clubs free-of-charge, enhancing the city’s sporting credentials and improving the experience of every golfer who touches down in the capital.

Hareb Al Muhairy, Senior Vice-President Destination and Leisure Management at Etihad Airways, said: “The capital’s golf courses are some of the many highlights of a visit to the UAE and it is our pleasure to... Read More

Sobha Realty Posts Record Sales of AED500 million for Q1 2019

Sobha Realty Posts Record Sales of AED500 million for Q1 2019

07 Apr 2019

Dubai-UAE: Sobha Realty, the leading premium real estate developer, registered a record AED500 million in sales bookings for Q1 2019.

Highlighting the strong investor interest in Sobha Realty’s residential launches, the company’s sales from January to March 2019 are 33 per cent over the target of AED375 million per quarter.  

Last year, Sobha Realty announced its intention of generating up to AED1.5 billion (US$408.4 million) in turnover in 2019, increasing the target by two-thirds to... Read More

Elie Saab apartments to be built in Dubai

Elie Saab apartments to be built in Dubai

07 Apr 2019

His romantic, ethereal gowns have transfixed the front rows at Paris Fashion Week for years, and now Dubai residents will be able to capture the magic of Elie Saab's work in their home.

The superstar Lebanese designer is collaborating with Dubai real estate development company Emaar on luxury, branded apartments, offering Palm Jumeirah, Dubai skyline and Arabian Gulf views.

... Read More

UAE home to over 67 fintech start-ups in Middle East

UAE home to over 67 fintech start-ups in Middle East

07 Apr 2019

WAM -- The UAE tops the list of countries in the Middle East with the highest number of financial technology (fintech) start-ups to date, reveals Bloomberg Intelligence in its latest report.

The UAE with 67 start-ups, was followed by Turkey at 44 and Jordan and Lebanon at 30 each.

Overall, the number of fintech start-ups in the region is forecast to expand from 96 in 2019 to 465 by 2020. An Accenture analysis based on CBI Insights data, has predicted that investments in the... Read More

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