Business

Ermenegildo Zegna Group and Al Tayer Group announce the establishment of a Joint Venture

14 Oct 2015

Dubai, UAE, October 11, 2015 – Ermenegildo Zegna, one of the world’s most prominent luxury menswear houses, is pleased to announce a joint venture with Al Tayer Group, for the operation of Ermenegildo Zegna boutiques and other points of sale in the UAE.  Following an agreed transition period, the joint venture shall be the main operator of Ermenegildo Zegna in the UAE market.                                                                                  

Al Tayer Group is a UAE-... Read More

The Arab Fashion Council Announce Arab Fashion Week

The Arab Fashion Council Announce Arab Fashion Week

14 Oct 2015

H.E Cavaliere Mario Boselli, the Honorary President of both the Arab Fashion Council (AFC) and National Chamber of Italian Fashion (Camera Nazionale Della Moda Italiana) and AFC’s Founder Jacob Abrian announce Arab Fashion Week to be held in Dubai, UAE from 31st October to 2nd November 2015.

The AFC is the largest non-profit fashion association, representing the 22 Arab countries announces a press conference for the first official fashion week in the region, Arab... Read More

Emirates announced the increases capacity on St Petersburg route

10 Oct 2015

Emirates announced 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 A330-200 with the Boeing 777-300ER, Emirates will be... Read More

Grand exhibition of Russian art (Art Russe) opens in Abu Dhabi

08 Oct 2015

The first ever exhibition of 20th century Russian art to be showcased in the United Arab Emirates opened its doors at the Emirates Palace Hotel in Abu Dhabi, Tuesday.

The 'Art Russe Collection of 20th Century Russian and Soviet Art: War and Peace', showcases some of the most recognised works of 20th century Russian art including Alexander Laktionov's "Letter from the Front" and Fyodor Reshetnikov's "Low Marks Again", Tatiana Yablonskaya's images of harvesting, Nicolai Fechin's "... Read More

World’s heaviest gold ring displayed in Sharjah

08 Oct 2015

The ring, dubbed the Star Of Taiba, weighs 58.686 kg and is studded with 5.17kg of Swarovski stones. It is on display at the Expo Centre Sharjah as part of the 39th MidEast Watch & Jewellery show taking place from October 6-10.

“The ring was created in 2000 and cost nearly US$550,000 when gold was US$250 per ounce. Its value has multiplied several times by now, with gold trading near US$1,150. I am sure the ring will generate tremendous buzz among visitors,” said Saif Al Midfa,... Read More

The Future's Industry is Tourism, Tourism and Tourism!

08 Oct 2015

Gerald Lawless, President and Group CEO of Jumeirah Group, one of the world’s most prestigious hospitality chains, reflects to Aviamost Russian Magazine on the tremendous transformation that is undergoing in the global tourism industry.

Through his highly successful experience in establishing Jumeirah as one of the premier luxury hotel brands in the world, he outlines how he sees the changing dynamics of the industry affecting its progress while highlighting the challenges it faces.... Read More

Instagram celebrates 5-year anniversary at iconic Burj Al Arab

Instagram celebrates 5-year anniversary at iconic Burj Al Arab

07 Oct 2015

This week Instagram’s Amy Cole headed to Dubai to celebrate its five-year anniversary with the local community. Amy, Instagram’s sixth employee, came to Dubai to take part in the company’s 12th Worldwide InstaMeet and to view an exciting projection on the Burj Al Arab alongside some of Instagram’s most inspiring local community members.

Amy’s trip follows Instagram’s recent announcement to make advertising available to more businesses, marketers in the MENA region will now be able to... Read More

Middle East’s largest development and community foundation includes 1,400 development programmes and initiatives

07 Oct 2015

H.H. Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced today the launch of one of the largest development and community foundations in the Middle East region, to be called the “Mohammed Bin Rashid Global Initiatives”. The new foundation consolidates the work of 28 organisations focusing on fighting poverty and illness; spreading knowledge and culture; empowering the community and driving innovation. Combined, the foundation’s... Read More

Emirates offers special A380 fares to a host of destinations

07 Oct 2015

Travelers in the UAE gearing up for year-end trips can now enjoy special fares to a host of destinations served by the iconic Emirates A380.

Customers can choose from 33 Emirates A380 destinations including London, Bangkok, Paris, New York and Los Angeles on the iconic double-decker starting from AED 680 in Economy Class and AED 3,780 in Business Class. Bookings must be made by 15 October 2015 for travel between 7 October to 31 December 2015.

Travel to London from AED 2,765 (... Read More

Over 1,200 multi-millionaires in UAE

07 Oct 2015

There are 1,275 ultra-wealthy individuals in the UAE, representing 20 per cent of the total rich club in the Middle East.

According to the latest data revealed by Wealth-X, each of these 1,000-plus residents has a kitty of more than $30 million (Dh110 million) and above in net assets.

The study reveals how these multi-millionaires created their fortunes – 57 per cent of the UAE’s ultra-rich population amassed their fortune through entrepreneurship.

Only 8 per cent fully... Read More

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