Business

UAE set to welcome 8.92 million visitors from top five source markets by 2023, says ATM research

UAE set to welcome 8.92 million visitors from top five source markets by 2023, says ATM research

28 Feb 2019

Expo 2020 and its legacy, District 2020, are expected to have a positive long-term influence on the growth of inbound arrivals to the UAE from the country’s top five source markets between 2018 and 2023, according to data published ahead of Arabian Travel Market, which takes place at Dubai World Trade Centre from 28 April – 1 May 2019. Looking at the country’s top three source markets, the number of Indian visitors travelling to the UAE will increase at a CAGR of 7% to 3.01 million in 2023,... Read More
First-ever Euro Souvenir Banknotes launched to celebrate Gandhi’s 150th birth year

First-ever Euro Souvenir Banknotes launched to celebrate Gandhi’s 150th birth year

28 Feb 2019

Mahatma Gandhi’s fans across the world will have a unique opportunity to possess the first-ever Euro Souvenir Indian notes that celebrate 150th year of the leader’s birth anniversary. The limited-edition Zero Euro 12–notes commemorative series is being unveiled by UAE-based specialized numismatics company, Numisbing, with just 5000 notes of each design. The first two notes of the series are launching now and the rest sequentially until Oct 2, 2019.

The notes designed by Dubai-based... Read More

'Flame of Hope' for Special Olympics World Games lit in Athens

'Flame of Hope' for Special Olympics World Games lit in Athens

28 Feb 2019

In a ceremony in the Greek capital, the torch for the games, branded "the Flame of Hope" was lit before it was taken on a tour of Athens.

The torch will be transported on an Etihad Airways flight to the UAE, where it will land on Thursday afternoon, before being taken to Ras Al Khaimah to begin the torch run.

The Law Enforcement Torch Run, which has been branded the Flame of Hope Torch Run for 2019, will feature law enforcement officials from around the world and competitors in... Read More

Emirati astronauts undergo winter survival training in Russia

Emirati astronauts undergo winter survival training in Russia

28 Feb 2019

Seen for the first time, pictures have been released of the two Emirati astronauts, Hazza Al Mansouri and Sultan Al Neyadi, undergoing winter survival training.

The three-day training was organised by the Yuri Gagarin Cosmonaut Training Centre in Zvezdini at a forest in the Russian capital Moscow. It prepared the astronauts to survive in harsh winter conditions ahead of a trip to the International Space Station later this year in case of a crash landing in a hostile environment.

... Read More
Gulf Craft reveals its strategic vision with six global premieres

Gulf Craft reveals its strategic vision with six global premieres

27 Feb 2019

Dubai – Gulf Craft, the Emirates pioneer builder of luxury yachts and leisure boats arrives at the 27th edition of the Dubai International Boat Show with a fleet of 12 vessels.

The triple-deck Majesty 140, the biggest superyacht in Gulf Craft's collection for this year's show is a masterpiece that will capture all the attention.  The award-winning Majesty 100, famed for her sky-lounge deck, will also be on display along with the owner-managed Majesty 62.

... Read More

Millennium Hotels and Resorts MEA donates proceeds from “Taddamon” initiative to Al Jalila Foundation

Millennium Hotels and Resorts MEA donates proceeds from “Taddamon” initiative to Al Jalila Foundation

27 Feb 2019

Millennium Hotels and Resorts Middle East and Africa on February 26 presented a cheque donation of AED 50,633 to Al Jalila Foundation to help fund its medical research.

Mr. Sulaiman Baharoun, Director of Partnerships and Sustainability, Al Jalila Foundation accepted the donation from Kevork Deldelian, chief operating officer of Millennium Hotels and Resorts, Middle East and Africa in a ceremony attended by representatives from Millennium Hotels and Resorts properties across the UAE.... Read More

Dubai International Boat Show 2019 opens doors on February 26th

Dubai International Boat Show 2019 opens doors on February 26th

27 Feb 2019

Dubai: The 27th edition of the Dubai International Boat Show opened its doors on Tuesday with more than 800 different companies and brands from 50 countries expected to take part.

From superyachts to fishing boats, amphibious vessels to catamarans, Dubai is likely to become home to about 38 global and regional launches.

The show, welcoming more than 450 yachts and boats from around the world to the Dubai Canal, will run from until March 2 and will have Dh1.5 billion worth of... Read More

Dubai rounds off 2018 with a new high of 15.92 million international overnight visitors

Dubai rounds off 2018 with a new high of 15.92 million international overnight visitors

26 Feb 2019

Dubai welcomed 15.92 million international overnight visitors in 2018, marking a new high according to the latest data released by Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism). Continuing to expand its appeal as a global destination of choice for another year running, Dubai’s top source markets delivered bankable performances with several strategic feeders witnessing standout double-digit growth yet again to continue momentum towards growing the number of... Read More

Bvlgari to restore Rome's Largo Argentina site

Bvlgari to restore Rome's Largo Argentina site

25 Feb 2019

High-end brand Bvlgari is slated to give Roman archaeological site Largo di Argentina a makeover. The line – which has produced jewellery and luxury goods since the late 20th-century – will fork over a reported €800,000 to restore the ancient ruins. Officials estimate that the project will take roughly 10 months, with a potential inauguration date set for January 2020.

Rome's archaeological site at Largo di Torre Argentina is to be restored in a €1 million project sponsored by luxury... Read More

UAE waives Dh361 million loans of over 3,000 Emiratis

UAE waives Dh361 million loans of over 3,000 Emiratis

25 Feb 2019

The Debt Settlement Fund has announced that Dh361 million worth of loans of 3,310 Emiratis have been waived off in cooperation with 13 banks.

Jaber Mohammad Ganem Al Suwaidi, general-director of the Crown Prince Court of Abu Dhabi and chairman of the Supreme Committee of the Debt Settlement Fund, said that the gesture is part of the UAE leadership’s keenness to ensure a decent life for all Emiratis and the highest possible level of social stability.

The national banks that... Read More

Pages