Business

Crown Prince reveals Tomorrow 2021 plan for Abu Dhabi's economy including Dh20bn for spending next year

Crown Prince reveals Tomorrow 2021 plan for Abu Dhabi's economy including Dh20bn for spending next year

17 Sep 2018

Abu Dhabi's drive to accelerate its economic growth will come under the banner of Tomorrow 2021, the Crown Prince revealed on Sunday, in what marks the culmination of a summer of reforms aimed at preparing the emirate for a more prosperous future.

Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said the plan includes "50 initiatives that reflect the priorities of citizens, residents and investors". The move is part of an action... Read More

Tiffany CEO Alessandro Bogliolo: 'The business of love is growing' (Video)

Tiffany CEO Alessandro Bogliolo: 'The business of love is growing' (Video)

16 Sep 2018

Elle Fanning, clad in a hoodie and jeans and sipping on a takeaway coffee, approaches the Tiffany & Co flagship on Fifth Avenue and peers into a window. The melodious opening lines of Moon River, the song made famous by the Audrey-Hepburn classic, Breakfast at Tiffany’s, play in the background. And then rapper A$ap Ferg interjects with a “I ain’t window shopping today”, and everything goes haywire. Fanning is transported into a “Tiffany world”, where she shows off her hip-hop moves amid... Read More

Apple iPhone XS and XS Max launch

Apple iPhone XS and XS Max launch

13 Sep 2018

It comes in gold, silver and space grey and you can drop it into a filled bathtub without fear.

Apple’s latest iPhone, the XS, also has a 14.7-centimetre screen that grows to 16.5cm with the XS Max. Both also have face ID technology for greater security.

There is a new formulation of its glass screen, the most durable ever for a smartphone, with organic light-emitting diodes for sharper display.

The highly anticipated unveiling of the new products from the American... Read More

Al Habtoor chairman calls for end to UAE WhatsApp 'ban'

Al Habtoor chairman calls for end to UAE WhatsApp 'ban'

11 Sep 2018

A leading Emirati businessman says the de facto ban on WhatsApp voice calls in the UAE should be lifted.

In a video post on his Twitter account, Khalaf Al Habtoor, chairman of the conglomerate Al Habtoor Group, called for the service to be made freely available to customers.

Mr Al Habtoor, who regularly shares opinions on topics in videos on social media, said calls on the messaging service should be allowed in line with the "pioneering" spirit of the country.

In a... Read More

Free parking and adjusted public transport timings in Dubai for Al Hijri New Year

Free parking and adjusted public transport timings in Dubai for Al Hijri New Year

10 Sep 2018

Parking will be free in Dubai on Thursday, September 13, in all public car parks, except multi-level parking terminals, to mark Al Hijri New Year.

Fares will resume on Saturday, September 15, the Roads and Transport Authority said.

Public transport timings will also be adjusted for the Islamic new year, returning to usual scheduling on Friday, September 14.

Dubai Metro:

Stations on the Red Line will be operating from 5am on Thursday until 1am the next day.

... Read More

Emirates to operate A380 to St. Petersburg during autumn holidays

Emirates to operate A380 to St. Petersburg during autumn holidays

10 Sep 2018

Dubai, UAE, 10 September 2018 – In response to increased demand for travel during the autumn school holidays, Emirates today announced it will operate its A380 between Dubai and St. Petersburg, temporarily replacing the Boeing 777 aircraft currently operating on the route.

During the period of 25 to 29 October 2018, in advance of the school holidays in Russia, flights EK 175/176 between Dubai and St. Petersburg’s Pulkovo International Airport will be operated by the flagship Emirates... Read More

The end of free parking in Abu Dhabi: new Mawaqif rules come into force

The end of free parking in Abu Dhabi: new Mawaqif rules come into force

09 Sep 2018

A three-week parking amnesty came to an end on Friday meaning that motorists will now need to pay to park in all public spaces on Abu Dhabi island.

The new scheme was announced on August 18; however, Mawaqif wardens were instructed not to issue tickets during the first three weeks of implementation. This allowed residents the chance to adapt to the new rules.

This period ends on Friday September 7, but since Mawaqif fees do not apply on Fridays, the new regulations are supposed... Read More

Dubai reaped $18bn in benefits from Metro system

Dubai reaped $18bn in benefits from Metro system

09 Sep 2018

The Dubai Metro system, which opened almost a decade ago, added an estimated Dh66 billion ($18bn) to Dubai’s economy by 2016 and accumulated future returns are set to exceed four times what it cost to build the metro by 2030, according to a government-commissioned study.

The metro, which opened in September 2009 and comprises the red and green lines, has cost Dh41bn to build and operate, according to a report by Dubai Roads and Transport Authority (RTA) and Henley Business School at... Read More

Meet the 10 ambitious Arab women who star in Chopard's latest campaign

Meet the 10 ambitious Arab women who star in Chopard's latest campaign

08 Sep 2018

Swiss maison Chopard has chosen 10 Arab women to star in its latest Happy Hearts campaign. The selected women display a mix of passion, success and ambition in the region, according to Chopard’s co-president Caroline Scheufele, who says: “If I were to associate Chopard with a motif, it would be a big heart because there is a family behind it.”

Happy Hearts is one of Chopard’s most endearing jewellery lines, with the precious heart motifs - seen on all the women who star in this... Read More

Burberry ends bonfire of the luxuries, use of real fur in social shift

Burberry ends bonfire of the luxuries, use of real fur in social shift

06 Sep 2018

It admitted in July to destroying 28.6 million pounds ($37 million) of unwanted items in a single year to prevent them being sold at below market prices and devaluing the brand.

This cast a light on waste in the fashion industry - both luxury and mass market - just a few months after the owner of Cartier and Montblanc admitted to having to buy back their own watches from dealers to prevent overstocking.

Burberry also said on Thursday it would follow the likes of Versace, Gucci... Read More

Pages