Business

Mohammad honoured with Cultural Personality of the Year award

12 May 2015

Vice-President speaks about the UAE’s growth after accepting Cultural Personality of the Year award

Abu Dhabi: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, was honoured with the Cultural Personality of the Year award at a ceremony to present the Shaikh Zayed Book Awards in Abu Dhabi on Monday.

The Cultural Personality of the Year category is considered to be the most eminent of the Shaikh Zayed Book Awards... Read More

Dubai Festival City undergoing a Dh1.2b transformation

12 May 2015

First phase will see unveiling of new-look Festival Square with 25 new outlets

Dubai: The Dubai Festival City Mall is undergoing a Dh1.2 billion transformation that will make further use of its prime Dubai Creek side location and raise the mall’s retail and entertainment offerings. The multiphase expansion, expected to be complete by the second quarter of next year, will raise the gross leasable area to 2.4 million square feet (from 2.1 million square feet), add another ‘full-line... Read More

DIFC signs MoU with National Bank of Kazakhstan to collaborate on areas of knowledge-sharing and experience in developing a financial centre

12 May 2015

Governor of the National Bank of Kazakhstan, Kairat Kelimbetov leads high ranking delegation to DIFC

NBK discusses cooperation on development of the Astana Financial Centre

 

DUBAI, UAE May 10, 2015: National Bank of Kazakhstan (NBK) is set to collaborate with Dubai International Financial Centre (DIFC) to explore mutually beneficial investment initiatives as part of a memorandum of understanding (MoU) signed between the two parties.

Under the MoU, DIFC and NBK... Read More

New innovations shaping global aviation industry

12 May 2015

Experts shed light on new technologies

Microsoft HoloLens and Amazon Echo Smart VPA will create big impact in the travel world

 Facebook payment and ticket sales through Twitter might be a reality soon

 

Dubai, May 11, 2015:  Aviation industry experts utilized the 15th edition of Airport Show in Dubai to provide amazing insights into the new technologies that are set to bring about sweeping changes in the global aviation industry soon.

Speaking at the... Read More

Freezones vital for attracting FDI

12 May 2015

The World Free Zones Organisation (WFZO) has announced the official opening of its inaugural annual conference and exhibition, which focuses on the theme ‘Towards a New Global Trade Order’.

Dubai — The World Free Zones Organisation (WFZO) has announced the official opening of its inaugural annual conference and exhibition, which focuses on the theme ‘Towards a New Global Trade Order’.

Held under the patronage of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President... Read More

Jumeirah Golf Estates launches mid-market apartments, townhouses

12 May 2015

The host venue to the European Tour’s DP World Tour Championship, JGE features premium villas and mansions set around the Earth and Fire golf courses.

Dubai — Developers in Dubai are continuing to switch gears to affordable housing. The latest firm to jump on the affordability bandwagon is Jumeirah Golf Estates (JGE), which has launched AlAndalus, a collection of mid-market townhouses, apartments and a community centre.

The host venue to the European Tour’s DP World Tour... Read More

Dubai pioneer in implementing free zone model

12 May 2015

Free zones contribute to the opening of new investment prospects to diversify the sources of domestic income, increase job opportunities for future generations, and therefore contribute effectively to development of the economies.

Dubai — Shaikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority (DCAA), chairman of Dubai Airports and chairman and chief executive of Emirates airline and Group, on Monday visited the first conference and exhibition of the World... Read More

Arab Media Forum 2015 kicks off in Dubai

12 May 2015

Dubai: The 14th edition of the Arab Media Forum (AMF), kicked off on May 12-13 at Madinat Jumeirah, Dubai, under the theme ‘New perspectives’.

The event is being held under the patronage of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Expected to attract local, Arab and international media elites, journalists, intellectuals and academia, this year’s event will include diversified discussion panels and... Read More

Fujairah Mall Presents Brand New Retail Opportunities In Growing Emirate

12 May 2015

Major retail groups signed up at mixed-use development Owned by HH Sheikh Mohammed Bin Khalifa Bin Zayed Al Nahyan

Fujairah’s ambitions to become one of the UAE’s major retail and tourism hubs are set to receive a huge boost when the emirate’s biggest shopping and leisure venue opens in September 2015.

Fujairah Mall, over 35,000-square-metres of retail space spread over two floors, is destined to transform the emirate’s retail sector, providing fresh opportunities for brands... Read More

Emirates Group makes Dh5.5 billion in 2014-2015 financial year

11 May 2015

Emirates Group post its second most profitable year in its 30-year history

Dubai: Emirates Group reported on Thursday its second highest profit ever of Dh5.5 billion ($1.5 billion) for its financial year that ended March 31, 2015, 34 per cent more than the Dh4.1 billion it reported a year ago. Revenue was a whopping Dh96.5 billion, 10 per cent more than the Dh87.5 billion from a year ago, Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief... Read More

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