Languages

Business

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

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

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

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.

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

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,... Read More

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.

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

Investments to UAE expected to rise by 20% in 2019

07 Apr 2019

WAM -- The UAE Government’s new foreign direct investment, FDI, law passed in 2018 could accelerate FDI flows by up to 20 percent this year, from the eight percent average growth rate, as per the recent estimates of the Ministry of Economy.

The landmark law is predicted to further strengthen the already business-friendly climate in the country.

The law is going to take a prominent spot in the upcoming global FDI discussions at the Annual Investment Meeting 2019 in Dubai... Read More

Marvel at the Burj Khalifa: world's tallest building lights up with the Avengers

04 Apr 2019

The Avengers have assembled on the tallest building in the world.

Avengers: Endgame hits cinema screens in the UAE on Wednesday, April 24, and last night the superhero squad went up in lights on the Burj Khalifa in Downtown Dubai.

The globe's tallest tower went full LED blue to celebrate the Marvel movie, with Thor front and centre, Captain Marvel on top and then Tony Stark and what looks like Captain America (or it could potentially be Peter 'Spiderman' Parker) hanging out... Read More