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Business
UAE commends China's Belt and Road initiative
14 May 2017
WAM -- Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State met Zhang Yesui, Vice Minister of Foreign Affairs of the People’s Republic of China, in Beijing on Saturday.
The meeting took place during Dr. Al Jaber ’s official visit to China to attend the Belt and Road Forum for International Cooperation, in Beijing. The ministers discussed the growing cooperation in trade and investment between the UAE and China, particularly in the fields of energy and infrastructure.
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UAE envoy meets Kazakh Minister
14 May 2017
WAM--Dr. Mohammed Ahmed bin Sultan Al Jaber, the UAE Ambassador to Kazakhstan, has met with Kazakh Minister of Culture and Sports, Muhamediuly Arystanbek.
During the meeting, they discussed bilateral relations in all fields, focussing on the areas of culture, sports and tourism.
The UAE ambassador and the Kazakh minister stressed the distinguished relations between the two countries, and the keenness of leaders of both countries to strengthen bilateral cooperation in all fields... Read More
Emirates Group records 29th consecutive year of profit
11 May 2017
The Emirates Group today announced its 29th consecutive year of profit and steady business expansion, despite a turbulent year for aviation and travel.
Released today in its 2016-17 Annual Report, the Emirates Group posted an AED 2.5 billion (US$ 670 million) profit for the financial year ending 31 March 2017, down 70% from last year’s record profit. The Group’s revenue reached AED 94.7 billion (US$ 25.8 billion), an increase of 2% over last year’s results, and the Group’s cash... Read More
Third meeting of UAE - Belarus Consular Commission held
11 May 2017
WAM -- The third meeting of the UAE-Belarus Consular Commission was held on Wednesday at the headquarters of the Belarusian Ministry of Foreign Affairs in Minsk.
The meeting was headed from the UAE by Mohammed Mir Abdullah Al Raisi, Under-Secretary of the Ministry of Foreign Affairs and International Cooperation, while the Belarusian side was headed by Evgeny Shestakov, Deputy Minister of Foreign Affairs of the Republic of Belarus.
The two sides discussed a number of common... Read More
UAE ambassador attends Armenia's Victory Day celebrations in Yerevan
11 May 2017
WAM - Dr. Jassem Mohammed Al Qasimi, UAE Ambassador to Armenia, attended today the celebrations of Armenian Victory Day anniversary, held in Yerevan under the patronage of Prime Minister Karen Karapetyan.
Ambassador Dr. Jassem Al Qasimi visited the Victory Memorial in Yerevan.
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Bugatti Opens Its World's Largest Showroom in Dubai
11 May 2017
The largest Bugatti showroom in the world opens its doors today on Sheikh Zayed Road in the centre of Dubai. The French super sports car manufacturer’s facility in Dubai is the 15th location in the brand’s global dealership network with the new award-winning brand design. Bugatti’s longstanding sales and service partner in the UAE is Al Habtoor Motors. With 30 orders received for the Chiron, Bugatti UAE is the brand’s most successful dealership underscoring the high importance of the Arabian... Read More
Damas scoops prestigious Dubai Service Excellence Scheme award
10 May 2017
Damas, the leading jewellery retailer in the Middle East, has added yet another win under its belt by securing an award under the Dubai Service Excellence Scheme (DSES) for ‘Best Performing Brand’ in 2016 in the ‘Jewellery Business Category’. The Damas team accepted the prestigious award at the Business Excellence Awards Ceremony held by the Dubai Economic Department earlier this month in the Arena Ballroom, Dubai World Trade Centre.
Established by the Department of Economic... Read More
Dubai’s private sector picks up momentum in Q2 2017
10 May 2017
WAM -- The private sector in the Emirate of Dubai gained momentum by the beginning of Q2 2017 as business conditions improved in key platforms, according to the latest Emirates NBD Dubai Economy Tracker Index.
The index is a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy. The data cited by the index showed that wholesale and retail, travel and tourism and construction remained the best performing sub-sectors... Read More
H.H. Sheikh Abdullah bin Zayed receives IRENA's Director-General
10 May 2017
WAM -- H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has stressed the UAE's effective commitment to its partnership with the International Renewable Energy Agency (IRENA) and member states, in their efforts to encourage the growth of the renewable energy sector to compete strongly in the global market.
He also emphasised the continuation of cooperation with the agency and countries across the world to increase renewable energy... Read More
7th Annual Investment Meeting (2017)
10 May 2017
Stage set for 7th Annual Investment Meeting (2017) from 2-4 April 2017 at the Dubai International Convention and Exhibition Centre under the theme ‘International Investment, Path to Competitiveness & Development’
Ministry of Economy in the UAE has announced key insights on the 7th Annual Investment Meeting (AIM) agenda, which will be held in Dubai from 2nd- 4th April 2017 at the Dubai International Convention and Exhibition Centre under the theme ‘International Investment, Path to... Read More
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