Business

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

Majid Al Futtaim reveals new retail extension at Mall of the Emirates on September 28

10 Sep 2015

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, announces the completion of its ambitious redevelopment project for its flagship Mall of the Emirates:  Evolution 2015.  On September 28, the iconic lifestyle destination will reveal a new 36,000 sqm retail extension that will set heightened standards of design, introduce new experiences, and pave the way to 40 new shopping, dining and entertainment outlets including world-class... Read More

Abu Dhabi Music & Arts Foundation and Barcelona’s Gran Teatre del Liceu Sign Letter of Cooperation

10 Sep 2015

Abu Dhabi Music & Arts Foundation (ADMAF) and Barcelona’s prestigious opera house, the Gran Teatre del Liceu, this week signed a Letter of Cooperation at Emirates Palace, Abu Dhabi, signifying a mutual interest to collaborate in areas of music, opera and arts development. 

The agreement was signed by H.E. Hoda I. Al Khamis-Kanoo, Founder of the Abu Dhabi Music & Arts Foundation (ADMAF), and Christina Scheppelmann, Artistic & Production Director General of the Gran Teatre... Read More

Emirates Announces Capacity Increase to St Petersburg

10 Sep 2015

Emirates today reinforces its commitment to Russia by announcing the upgrade of the aircraft servicing the St Petersburg route to a Boeing 777-300ER, increasing capacity and offering an enhanced onboard experience.

Six weekly EK175/176 flights, from Dubai to St Petersburg, will be operated with an Emirates Boeing 777-300ER from 25 October 2015, instead of an Airbus 330-200. The up-gauge will be applied to a seventh flight per week on the 1 December 2015.

By replacing the A330-... Read More

Dubai’s Nakheel says will complete most new projects in 3-5 years

10 Sep 2015

The developer said property sales in Dubai were “as per expectations”

Dubai developer Nakheel, which has recently announced a string of new projects in the emirate, hopes to complete a majority of them within the next three to five years, a senior official said.

The company unveiled two new projects on the first day of Cityscape including Jebel Ali Gardens, a new community for 40,000 people and The Palm Promenade – a 1.5 kilometres retail and leisure strip along the Palm... Read More

Abu Dhabi to host 17th Arab Investors and Businessmen Conference from 16 to 17 November

10 Sep 2015

Conference presents major opportunity to boost Arab cooperation in investments related to innovation and entrepreneurship

 

Abu Dhabi, UAE, 9 September 2015: Under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, UAE President, the capital Abu Dhabi is hosting the 17th Arab Investors and Businessmen Conference (ABIC) from November 16 to 17, 2015, under the theme "Investing in Entrepreneurship and Innovation" at Jumeirah at Etihad Towers Hotel in Abu Dhabi.... Read More

Sharjah to participate in CIS roadshow

10 Sep 2015

Sharjah to participate in CIS roadshow under umbrella of National Council of Tourism and Antiquities

Al Midfa: Visitors from CIS nations account for 10 per cent of total hotel guests in Sharjah during H1 2015

Sharjah Commerce and Tourism Development Authority (SCTDA) has announced its participation in the ‘Seven Emirates One Destination’ roadshow of the National Council of Tourism and Antiquities, being organised at the Commonwealth of Independent States (CIS) from September 7... Read More

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