Business

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

Russian tennis ace Donskoy beats Federer at DDF Tennis Championships

Russian tennis ace Donskoy beats Federer at DDF Tennis Championships

02 Mar 2017

Seven-time champion Roger Federer fell to a stunning 3-6 7-6 (7) 7-6 (5) defeat at the hands of qualifier Evgeny Donskoy on Wednesday. It is his earliest defeat in the Dubai Duty Free Tennis Championships since he was beaten by Andy Murray in the first round in 2008. It is also only the third time since 2007 that he has lost to a qualifier.

In contrast, world number one Andy Murray reached the quarter-finals by overwhelming Guillermo Garcia-Lopez 6-2 6-0. But fifth seed and two-time... Read More

Latvia keen on co-operation with UAE in food safety and halal accreditation

Latvia keen on co-operation with UAE in food safety and halal accreditation

02 Mar 2017

WAM-- Latvia is keen on initiating co-operation with the UAE on food safety and halal accreditation and certification though Emirates International Accreditation Centre, an affiliate body of Dubai Chamber of Commerce and Industry, according to Latvian President Raimonds Vejonis.

Latvian Minister of Agriculture Janis Duklavs, who accompanied Vejonis, said his country is interested in signing a memorandum of understanding with the UAE about accreditation of Latvian halal exports to the... Read More

Kazakhstan’s Zharylgapov sets new world record at 8th Fazza World Para Powerlifting World Cup Dubai

Kazakhstan’s Zharylgapov sets new world record at 8th Fazza World Para Powerlifting World Cup Dubai

02 Mar 2017

WAM-- Two world records were set yesterday in the Juniors category of the 8th Fazza World Para Powerlifting World Cup Dubai 2017 by Kazakhstan’s Akzhol Zharylgapov who won the Junior Men’s up to 59kg with a world best of 100kg, and Malaysia's 17-year-old Bonnie Bunyau Gustin (141kg) who improved on the Junior Men’s up to 65kg world record by 14kg during his triumph.

Arab teams continued to flourish after Jordan won the second gold medal and Algeria claimed the first medal in the... Read More

National Media Council launches "Walk to Give" initiative

National Media Council launches "Walk to Give" initiative

02 Mar 2017

WAM -- Dr. Sultan Ahmed Al Jaber, Minister of State and Chairman of the Board of the National Media Council (NMC), launched the "Walk to Give" initiative at a Council board meeting held on Tuesday, February 28, 2017.

Employees and workers from the media sector across the UAE are invited to take part in the initiative, which the Council is set to organise on Friday, March 17, 2017, and which goes to support the Year of Giving 2017.

Dr. Al Jaber has stressed that the initiative... Read More

 UAE’s unveils first ‘Smartflower’ at Dubai Municipality HQ

UAE’s unveils first ‘Smartflower’ at Dubai Municipality HQ

02 Mar 2017

WAM -- Dubai Municipality on Wednesday unveiled the UAE’s first ‘Smartflower’ in front of Dubai Municipality Headquarters on Baniyas Road.

The solar power generating flower, a first of its kind initiative in the region, was opened by Eng. Hussain Nasser Lootah, Director-General of Dubai Municipality, in the presence of Ahmed Bin Bayat, Vice Chairman and Managing Director of Dubai Holding, Assistants to the Director-General of Dubai Municipality, directors of departments and other... Read More

Emaar unveils brand-new city lifestyle resort ‘Address Boulevard’ in Downtown Dubai

Emaar unveils brand-new city lifestyle resort ‘Address Boulevard’ in Downtown Dubai

01 Mar 2017

Address Hotels + Resorts, the premium luxury hotel brand of Emaar Hospitality Group, today unveiled its new city lifestyle resort, Address Boulevard. It adds to Emaar Hospitality Group’s impressive and growing portfolio of luxury hospitality venues that have redefined the hotel industry and set new benchmarks in service standards.

Address Boulevard has 196 spacious rooms including 116 spacious Deluxe Rooms, 44 Deluxe Club Rooms, 28 One-Bedroom Suites, seven Two-Bedroom Suites and a... Read More

Crown Prince of Dubai tours 25th Dubai International Boat Show

Crown Prince of Dubai tours 25th Dubai International Boat Show

01 Mar 2017

Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, toured today the 25th edition of Dubai International Boat Show at the Dubai International Marine Club.

Sheikh Hamdan toured the show where some 350 exhibitors representing 27 countries, including from the UAE, are showcasing everything from super yachts and speed boats to jet skis and quad ski.

Sheikh Hamdan praised the national companies participating in the five-day show for their ability to compete with... Read More

PANERAI unveils watch collection dedicated to 35th America’s Cup at Dubai International Boat Show

PANERAI unveils watch collection dedicated to 35th America’s Cup at Dubai International Boat Show

01 Mar 2017

The Dubai international Boat show (DIBS) is set to hit a new milestone in the marine luxury world of the Middle East by celebrating 25 years of maritime excellence and displaying the finest in sailing and boating lifestyle. For the eighth consecutive year, PANERAI, the Florentine luxury sports watch brand, renews its partnership as the “VIP supporting partner” of the Dubai Boat show, taking place from February 28 to March 4, 2017 at the Dubai International Marine Club, Mina Seyahi.

... Read More

Pages