Business

Sultan bin Sulayem meets Putin in Vladivostok forum

14 Sep 2015

Russian President Vladimir Putin has met Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, at the opening of the Eastern Economic Forum (EEF) held in the port city of Vladivostok, Far East of Russia.

Speaking at the EEF, which was held to encourage international investments into Russia’s remote but resource-rich eastern region, Mr. Putin said the Russian government would create the “best conditions for domestic and foreign... Read More

Etihad Airways introducing more flexible airfare

13 Sep 2015

Etihad Airways is changing its fare structure from September 14 in a move it says will give passengers more flexibility.

The airline is introducing eight new pricing structures across economy, business, and first class airfares that offer passengers varied baggage allowance, ticket flexibility, frequent flyer points and baggage allowance, according to an emailed statement on Thursday.

All airfares will still include at least one checked in luggage of 23kg.

From September... Read More

DIFC concludes visit to Shanghai and Beijing

13 Sep 2015

DIFC concludes visit to Shanghai and Beijing; Highlighted New Investment Opportunities to the Chinese Financial Community and Investors

DIFC visit, led by HE Essa Kazim, reaffirms the Centre’s commitment to China as a key market in its long term strategy DIFC's strategic visit to China follows a series of briefings in India's financial capital Mumbai, where DIFC management met prospective clients and business partners DIFC’s planned expansion driven by trade & investment in the ‘... Read More

A Focus on Dubai for the Region’s First Solar Energy Summit

13 Sep 2015

Ministers and Leaders from across the region come together for the first Global Solar Leaders Summit

 Dubai, UAE: 12 September 2015: The region’s first Global Solar Leaders Summit will kick start GulfSol 2015, a three-day event focused on solar technology and the energy-rich region’s drive toward clean energy, on Monday September 14 in Dubai, UAE.

The Middle East and North Africa region, which is expected to attract more than $50 billion investment in solar power over the next... Read More

DP World and partners officially open Rotterdam World Gateway terminal

13 Sep 2015

DP World, together with joint-venture partners APL, HMM, MOL and CMA-CGM, has officially opened the Rotterdam World Gateway, RWG, terminal, providing the global supply chain with the most innovative and automated container terminal in the world.

DP World Chairman, Sultan Ahmed Bin Sulayem attended the grand opening ceremony as guest speaker along with the Mayor of Rotterdam, Ahmed Aboutaleb, RWG Managing Director Ronald Lugthart, RWG Board of Directors Chairman Rob van Dijk and Port... Read More

Dinosaurs Now Roam At IMG Worlds of Adventure

13 Sep 2015

For the first time in the Middle East since their extinction sixty-five million years ago, dinosaurs will roam the earth at IMG Worlds of Adventure. The installation of the sixty-nine state-of the-art dinosaurs, in its Lost Valley – Dinosaur Adventure zone, marks one of the final stages of completion for the world’s largest multi-brand indoor theme park.

To ensure the most authentic interactive dinosaur entertainment experience, IMG Worlds of Adventure collaborated with Kokoro, the... Read More

UAE theme park revenues forecast to increase 78% to reach us $837 million by 2019

13 Sep 2015

UAE theme park revenues forecast to increase 78% to reach us $837 million by 2019

A new report published by Euromonitor International for The Leisure Show Dubai 2015 forecasts that UAE theme park revenues will increase by 78% from US $ 470 million in 2015 to US $837 million in 2019.

The UAE is reported to have 5 theme parks under development at present including 3 parks within the major Dubai Parks and Resorts development: motiongate™ Dubai, Bollywood Parks™ Dubai and LEGOLAND... Read More

Music is new painkiller at Abu Dhabi hospital

13 Sep 2015

The multi-speciality private health care facility will be counting on pianists and violinists to call the tune when it comes to the treatment of patients.

The hospital has tied up with the Abu Dhabi-based National Symphony Orchestra (NSO) to introduce music therapy alongside its conventional therapeutic treatments.

“Music and medicine to-gether can work wonders in the process of healing,” said Dr Shabeer Nellikode, founder and managing director of Universal Hospital.

“... Read More

UAE developers continued to launch new projects

13 Sep 2015

A reported issued by CBRE, a global property consultancy, said property prices in Dubai are nearly two times cheaper than London, stating average prices for the top-of-the-end market in Dubai being US$1,300 per square foot (psf) compared with $3,000 psf in London. In fact, a number of developers said lower oil prices and global stock market crash has not deterred new launches with many planning more projects by year-end or early 2016. UAE developers continued to launch new projects, worth... Read More

Cadillac XT5 set for debut at Dubai Motor Show

13 Sep 2015

Cadillac has released a few images of the XT5, their newly-named crossover model. The SRX replacement was given a preview at a fashion event in New York yesterday, with the full reveal set to happen at the 2015 Dubai Motor Show in November.

The XT5 follows Cadillac’s new design language, which we have already seen on theCT6 sedan. No details on the architecture underneath have been revealed but it should most likely ride on a standard front-wheel-drive layout with an optional all-... Read More

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