Business

The third annual Salon des Grandes Complications opens its doors at DIFC; runs up to 10th Nov.

The third annual Salon des Grandes Complications opens its doors at DIFC; runs up to 10th Nov.

07 Nov 2016

The third annual Salon des Grandes Complications opened its doors on Monday 7th November in the presence of H.E. Essa Kazim, Governor of the Dubai International Financial Centre (DIFC) and Alan Marzo, Diplomatic Adviser to the Embassy of Switzerland in the United Arab Emirates. Taking place once again at DIFC, the highly anticipated watchmaking exhibition is open to the public until 10th November 2016.

The Salon offers a unique platform for world-class watchmakers and Middle Eastern... Read More

Meraas announces Dubai Arena; set to be the biggest venue for global events and live shows in the region

Meraas announces Dubai Arena; set to be the biggest venue for global events and live shows in the region

07 Nov 2016

Committed to creating and delivering unique experiences, Meraas, a Dubai-based holding company, has announced the ‘Dubai Arena’, a new state-of-the-art multi-purpose arena. Spanning an area of half a million square feet and with an approximate capacity of 20,000, the arena is set to enhance Dubai’s leisure and entertainment offering and become the ‘go to’ venue for large scale international music concerts, sporting events such as hockey and NBA as well as other entertainment events.

... Read More

DubaiSat-2 captures high-definition photos of new Dubai Water Canal full of water

DubaiSat-2 captures high-definition photos of new Dubai Water Canal full of water

07 Nov 2016

DubaiSat-2 detects the completion of construction on Dubai Water Canal

DubaiSat-2, owned and operated by the Mohammed bin Rashid Space Centre (MBRSC), has captured a high definition photos of the Dubai Water Canal full of water. The photos show the new waterway flowing from Dubai Creek down towards the Arabian Gulf. The image also show the various facilities built to run along both banks of the canal and the areas surrounding it, which consist of residences, malls, hotels and... Read More

12th Cartier International Dubai Polo Challenge concludes with a 9-6 win for Zedan Polo

12th Cartier International Dubai Polo Challenge concludes with a 9-6 win for Zedan Polo

07 Nov 2016

Under the patronage of HRH Princess Haya Bint Al Hussein, wife of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the 12th edition of the prestigious Cartier International Dubai Polo Challenge concluded today with an 9-6 win for Zedan Polo. Their valiant opponents in this final were Habtoor Polo, headed up by Mohammed Al Habtoor.

HRH Princess Haya presented the impressive Cartier trophy to the Zedan team patrons Amr Zedan and... Read More

HH Sheikh Mohammed attends Agha Khan Award for Architecture ceremony at Al Ain’s iconic Jahili Fort

HH Sheikh Mohammed attends Agha Khan Award for Architecture ceremony at Al Ain’s iconic Jahili Fort

07 Nov 2016

WAM--Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, attended the Prince Agha Khan Award for Engineering and Architecture ceremony, which was held on Sunday evening, at Jahili Fort in Al Ain.

The ceremony was also attended by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; H.H. Sheikh Tahnoun bin Mohammed Al Nahyan, Ruler's Representative in the Eastern Region; H.H. Lt. General Sheikh Saif bin... Read More

Jafza participates in 19th ADIPEC to attract more oil and gas companies

Jafza participates in 19th ADIPEC to attract more oil and gas companies

07 Nov 2016

WAM -- Jebel Ali Free Zone (Jafza), with its strong base of over 850 oil and gas powerhouses from 77 countries, is participating at the 19th edition of Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), in a bid to attract more oil and gas companies.

The event, which begins tomorrow at the Abu Dhabi National Exhibition Centre, is being held under the patronage of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and is organised by the Global Energy... Read More

MoFAIC Under-Secretary receives copy of Chinese Ambassador's credentials

MoFAIC Under-Secretary receives copy of Chinese Ambassador's credentials

07 Nov 2016

WAM -- Mohammed Mir Abdullah Al Raisi, Under-Secretary of the Ministry of Foreign Affairs and International Cooperation, MoFAIC, has received in his office at the ministry, a copy of the credentials of Ni Jian, Ambassador of the People's Republic of China.

Al Raisi wished the Chinese Ambassador success in his efforts to boost co-operation between the UAE and China.

The Ambassador of China expressed his satisfaction at representing his country in the UAE, citing the prestigious... Read More

DIFC is now home to the first Equity Crowdfunding platform in the region

DIFC is now home to the first Equity Crowdfunding platform in the region

07 Nov 2016

WAM -- Dubai International Financial Centre, DIFC, today became home to the first Equity Crowdfunding platform in the region, Eureeca.it. It is the first multi-regulated global Equity Crowdfunding platform, and has over 12,000 investors from 42 countries. It enables entrepreneurs and high growth businesses to raise much needed expansion capital and create new partnerships for growth.

The firm’s investor network, that ranges from small scale and angel investors to institutional... Read More

Emaar Malls records 16% growth in net profit to AED 1.42 bn in first nine months of 2016

Emaar Malls records 16% growth in net profit to AED 1.42 bn in first nine months of 2016

06 Nov 2016

WAM -- Emaar Malls, the shopping malls and retail business majority-owned by global property developer Emaar Properties, has recorded a net profit of AED 1.42 billion (US$ 387 million) during the first nine months (January to September) of 2016, an increase of 16 per cent over the same period last year at AED1.22 billion (US$ 332 million).

The total revenue for the first nine months of the year was AED 2.39 billion (US$ 651 million), which is 10 per cent higher than the revenue of AED... Read More

HH Mohamed Bin Zayed attends inaugural Abu Dhabi CEO Roundtable

HH Mohamed Bin Zayed attends inaugural Abu Dhabi CEO Roundtable

06 Nov 2016

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today attended the inaugural Abu Dhabi CEO Roundtable, at which 20 of the world’s leading oil and gas companies gathered to discuss strategies for future growth and how to stay competitive in the evolving energy landscape.

The senior executives were invited to the roundtable, held at ADNOC’s headquarters in the UAE capital, by H.E. Dr Sultan Ahmed Al Jaber,... Read More

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