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UAE one of the major destinations of foreign direct investment in Asia

05 Apr 2017

WAM -- Neeraj Agrawal, Executive-Director of Crescent Enterprises and Group CFO, said on Tuesday that the UAE is one of the major destinations of foreign direct investment in the continent of Asia, reflecting the ability of its economy to keep pace with international and regional developments.

In his speech, during a discussion session titled "The Role of Foreign Direct Investment in Preparing Basic Infrastructure", as part of the activities of the Annual Investment Meeting, AIM,... Read More

Al-Zeyoudi hails Future Cities Show

05 Apr 2017

WAM -- Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, visited the inaugural edition of the Future Cities Show on Tuesday to review the innovative projects presented, serving the UAE vision for sustainable and happy future cities.

Al-Zeyoudi praised the show’s promotion of sustainable culture, and commended the positive and innovative practices which will help design and build the future cities, and face climate challenges to guarantee safety and happiness... Read More

ADNH pledges AED3 million to support Sandooq Al Watan

05 Apr 2017

WAM -- The Abu Dhabi National Hotels Company, ADNH, in a meeting held at its Abu Dhabi headquarters, has pledged AED3 million in support of Sandooq Al Watan’s activities.

Working firstly to implement a holistic and sustainable development plan in the Emirates, Sandooq Al Watan reflects the UAE private sector’s commitment to social responsibility, and highlights its innovative ideas and projects.

Sheikh Ahmed Mohammed Sultan Al Dhaheri, Vice Chairman of ADNH, said, "We are proud... Read More

Drift away with "Zen", the new collection from Vilebrequin!

04 Apr 2017

On April 3rd 2017, with a sun-kissed lifestyle, the new Spring / Summer "Zen" collection from Vilebrequin amused, radiated and made us dream of its legendary Saint-Tropez fever!

Imagine, just imagine for a second: lazing with the pandas, gently swaying in the breeze under the palm trees, taking a yoga class with the turtles, slipping into calm turquoise waters harboring rainbows of fish and coral… Drift away with "Zen", the new collection from Vilebrequin.

Warm and radiant... Read More

flydubai appoints JPA Design to design cabin interior

04 Apr 2017

Dubai-based carrier, flydubai, today announced that it has appointed international transport design specialist JPA Design to design the cabin interior for its new fleet of aircraft. The announcement was made at the Aircraft Interiors Expo in Hamburg and marks flydubai’s continued commitment to further enhance its product offering and overall onboard customer experience.

flydubai, which operates a fleet of 58 Next-Generation Boeing 737-800 aircraft, placed an order for up to 100 Boeing... Read More

Dubai Parks and Resorts announces Free Concerts on 6-7 April

04 Apr 2017

Dubai Parks and Resorts announces free concerts on 6-7 April Featuring Myriam fares and other star-studded performers.

WHAT: Dubai Parks Nights, a two-day music festival featuring…

WHO: ‘Queen of the Stage’ Myriam Fares, Waleed El Shami, Shamma Hamdan, Khalid Fouad

WHEN: Thursday, 6 April 2017 from 8 p.m. until 11 p.m. (Myriam Fares and Waleed El Shami)

Friday, 7 April 2017 from 8 p.m. until 11 p.m. (Shamma Hamdan and Khalid Fouad)

WHERE: ... Read More

Dubai attracted AED 25.5 billion in foreign investment in 2016

04 Apr 2017

Dubai attracted Dh25.5 billion in foreign direct investment (FDI) inflows in 2016 and succeeded in maintaining its position among the top 10 global cities in drawing in foreign investment. The emirate ranks seventh worldwide, announced Crown Prince of Dubai and Chairman of the Executive Council Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum. Dubai has also succeeded in attracting 247 new investment projects, which contributed to reaffirming its position as a preferred international... Read More

UAE condemns terrorist bombings at St. Petersburg subway

04 Apr 2017

WAM --- The United Arab Emirates has strongly condemned the terrorist bombings that struck a subway train in St. Petersburg, Russia, claiming tens of innocent causalities.

President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent condolence cables to Russian President Vladimir Putin on the victims of the terrorist blasts at St. Petersburg metro.

President His Highness Sheikh Khalifa offered his heartfelt condolences to the Russian President, wishing quick recovery to... Read More

Dubai and Moscow markets look to share financial information

04 Apr 2017

The governments of Dubai and Moscow city have held talks over collaboration and information-sharing between their respective financial centres, according to a Moscow government minister. Sergey Cheremin, the head of Moscow’s external economic and international relations department, said talks have been held over Dubai joining a non-profit initiative set up by Moscow to share financial market information, as Reuters reported.

We are very interested in cooperation between financial... Read More

Medical care costs will not increase with VAT

04 Apr 2017

The cost of medical care in the country will not rise this year to cover providers’ added costs when value-added tax is imposed in January, healthcare professionals say. Health care is exempt from VAT but many people are worried that providers will raise their charges this year to recover VAT on utilities, such as phones or electricity. But medical centres and hospitals said families need not worry because the Health Authority Abu Dhabi and Dubai Health Authority monitor all pricing,... Read More