Business

Russian artist Danila Shmelev among winners of world’s first Dubai Canvas 3D Art Award

Russian artist Danila Shmelev among winners of world’s first Dubai Canvas 3D Art Award

06 Mar 2017

Brand Dubai today announced the winners of the Dubai Canvas 3D Art Award, the world’s first award that recognises excellence in 3D art, at a ceremony at the Dubai Canvas Festival today. Italian artist Tony Cuboliquido was named the first place winner while Russian artist Danila Shmelev and Dutch artist Leon Keer were named the second and third place winners respectively. Tomotero Saito won the People’s Choice Award, which was decided based on public votes.  

The jury of the Dubai... Read More

HH Sheikh Hazza says Abu Dhabi Airport to be among world's largest by 2019

HH Sheikh Hazza says Abu Dhabi Airport to be among world's largest by 2019

06 Mar 2017

WAM -- Abu Dhabi International Airport will be one of the largest state-of-the-art airports in the world, with a capacity to accommodate 30 million passengers per year by 2019, said H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, following a tour of the Midfield Terminal Building (MTB) on Sunday.

''The expansion work on the airport is proceeding smoothly as planned. When the work is completed in 2019, the airport will be able to receive 30... Read More

UAE President HH Sheikh Khalifa dedicates Year of Giving to UAE martyrs

UAE President HH Sheikh Khalifa dedicates Year of Giving to UAE martyrs

06 Mar 2017

WAM -- The UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, has dedicated the Year of Giving along with all its initiatives and activities to the UAE martyrs in memory of their heroic deeds and in appreciation of their sacrifices.

The President's directive aims to instill the values of generosity and selflessness, which the martyrs exemplified, across the nation.

His Highness Sheikh Khalifa bin Zayed Al Nahyan made the announcement during an extraordinary meeting... Read More

Dubai Culture Announces SIKKA Art Fair 2017 Programme

Dubai Culture Announces SIKKA Art Fair 2017 Programme

05 Mar 2017

Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced the programme for the seventh edition of Sikka Art Fair – Dubai Art Season’s flagship initiative – which is held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum. The contemporary, artist-led fair will offer an unmatched celebration of visual and performing arts, music, film, literature and food, over the course of ten activity... Read More

DAFZA performed strongly in 2016 with 16% net profit growth

DAFZA performed strongly in 2016 with 16% net profit growth

05 Mar 2017

The Dubai Airport Freezone Authority (DAFZA) performed strongly in 2016, achieving 16 per cent net profit growth and posting a 2 per cent growth in its total revenue and a 28 per cent increase in its total assets and a 3% rise in EBID. According to official reports, the total leasable area of multinational companies occupying the Freezone rose by 44 per cent, while total leased office space increased by 13 per cent. The leased light industrial units grew as well by 25 per cent, due mainly to... Read More

Dubai Tourism updates Desert Tour & Camp Regulations to enhance sector’s growth

Dubai Tourism updates Desert Tour & Camp Regulations to enhance sector’s growth

05 Mar 2017

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has announced updates to the Desert Tour & Camp regulations first introduced in May 2016. The revisions are intended to further enhance the emirate’s popular desert experiences, elevating the sector’s standards and bolstering Dubai’s reputation as an adventure hub with a distinct and diverse offering.

Dubai Tourism has created a more manageable and cohesive set of rules for desert tour and camp operators to... Read More

HH Sheikh Mohammed releases new book: 'Reflections on Happiness and Positivity’

HH Sheikh Mohammed releases new book: 'Reflections on Happiness and Positivity’

05 Mar 2017

WAM) -- Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has announced the release of his new book, titled "Ta’mulat fi Asa’adah Wl Ejabia" (Reflections on Happiness and Positivity).

Making the announcement, he said, "The book includes lessons, examples and stories based on a different life philosophy: Positivity as a perspective, and happiness of people as a goal and a lifestyle."

H.H. Sheikh Mohammed bin Rashid said that... Read More

Andy Murray aces 25th Anniversary DDF Tennis Championships Final

Andy Murray aces 25th Anniversary DDF Tennis Championships Final

05 Mar 2017

 Andy Murray became the first British champion at the Dubai Duty Free Tennis Championships as he defeated Fernando Verdaso 6-3 6-2. It was his best win over the Spaniard since Miami almost exactly eight years ago, and comes after he finished as runner-up to Roger Federer in Dubai in 2012. Incredibly, it was his seventh final in his last eight tournaments and 14th in his last 16, and he has won 37 of his last 39 matches.

The first three games went against serve before Verdasco held for... Read More

Dubai Holding signs MoU with Dubai Municipality to develop largest public park in Dubai

Dubai Holding signs MoU with Dubai Municipality to develop largest public park in Dubai

05 Mar 2017

WAM)--Dubai Holding, the global investment holding company, has signed a Memorandum of Understanding (MoU) with Dubai Municipality to develop the largest public park in Dubai.

The move follows the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Stretching across 1,430,000 sqm in DubaiLand, this park will act as a new destination for residents and tourists and provide a vibrant, natural... Read More

Nasdaq Dubai welcomes listing of USD 1 billion Sukuk by government of Hong Kong

Nasdaq Dubai welcomes listing of USD 1 billion Sukuk by government of Hong Kong

02 Mar 2017

Nasdaq Dubai has welcomed the listing of a 1 billion US dollar Sukuk issued by the government of Hong Kong. It brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to 3 billion US dollars, following two listings of 1 billion US dollars each in 2014 and 2015.The new listing strengthens Dubai’s position as the world’s largest venue for Sukuk listings by value, raising the total listed in the Emirate to 48.81 billion US dollars. The... Read More

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