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Dubai tourists spend twice as much as those visiting other major cities

10 Nov 2016

Tourists in Dubai spend almost twice as much money while visiting the emirate as those holidaying on other major cities such as London or New York, according to the results of a new study. “The research shows the highest spending visitors, by far, are Dubai’s, who spend nearly twice the average of our 12 cities,” said David Godchaux, CEO of Core Savills, the Dubai subsidiary of international real estate agency Savills.

“Overseas visitors, who had an overnight stay in the emirate,... Read More

Emirates passengers can apply for UAE visa from mobiles

10 Nov 2016

Emirates Airline customers flying to the United Arab Emirates (UAE) can now apply for a visa using their mobile devices. In a first-of-its-kind initiative in visa application, applicants anywhere in the world can use the mobile app, launched by Dubai Visa Processing Centre (DVPC), to complete the entire visa application process for UAE visa using mobile devices. The transactional app involves one-time profile creation, and allows data and document upload, payment and service delivery. Essa... Read More

China Construction Bank (CCB) celebrates listing of US$600 million Bond on Nasdaq Dubai

09 Nov 2016

WAM -- Yuan Shengrui, Senior Executive Officer of the DIFC branch of China Construction Bank, CCB, today rang the market-opening bell to celebrate the listing of a US$600 million Bond on Nasdaq Dubai, under the bank’s $6 billion medium term note programme.

The CCB is one of China’s most prominent banks with a market capitalisation of $173.3 billion at the end of 2015, the fifth highest among listed banks in the world.

Essa Kazim, Governor of Dubai International Financial Centre... Read More

Ajman showcases multi-million tourism projects at World Travel Market

09 Nov 2016

The Ajman Tourism Development Department (ATDD) unveiled upcoming multi-million tourism projects in the emirate, highlighting its status as a major tourism and investment destination to the UK market.

Visitors and exhibitors who visited the Ajman government stand at World Travel Market (WTM) in London expressed their interests in the soon-to-open The Oberoi, Al Zorah, a luxury hotel with spacious rooms and suites that will cater primarily to luxury-seeking and wellness-focused guests... Read More

Mohammed bin Rashid Al Maktoum Solar Park’s second phase achieves Clean Development Mechanism registration from UN

09 Nov 2016

WAM -- DEWA’s 200MW Photovoltaic Plant Project Activity has successfully achieved the Clean Development Mechanism (CDM) registration under UNFCCC with an initial crediting period of seven years.

The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site project of its kind in the world. It will generate 1,000MW by 2020, and 5,000MW by 2030, with total investments worth up to AED50 billion. The second phase of the Mohammed bin Rashid Al Maktoum Solar Park (200MW) is... Read More

Metropolitan Hotel Makes a Comeback

09 Nov 2016

The Metropolitan Hotel Dubai is set to open its doors to in the fourth quarter of 2016 courtesy of Al Habtoor Group. The original Metropolitan Hotel, which was built in 1979, was demolished in May 2013 to make way for Al Habtoor City, a landmark development incorporating three five-star hotels, three luxury residential towers along the upcoming Dubai Water Canal.

Khalaf Ahmad Al Habtoor, Chairman, Al Habtoor Group said, “We look forward to welcoming our first guests. When we... Read More

Believe it: Dubai to Abu Dhabi in just 12 minutes! RTA signs agreement with Hyperloop One to connect the Emirates though futuristic mode of transport

08 Nov 2016

Believe it. In just five years, a thrilling, futuristic mode of travel will take you from Dubai to Abu Dhabi in just 12 minutes!

The UAE is one step closer to being the world’s first location for a new form of high speed transport, after an agreement signed today between Dubai’s Road and Transport Authority (RTA) and pioneering mobility company, Hyperloop One. The two parties have agreed to jointly explore routes for a transport system between Abu Dhabi and Dubai which will reduce... Read More

HH Sheikh Mohammed launches AED1.3 billion tourism plan for Dubai’s Hatta area

08 Nov 2016

WAM -- Vice President and Prime Minister of and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum launched an AED1.3 billion Comprehensive Development Plan for Hatta area in the emirate of Dubai on Monday.

The plan aims to boost the area’s social and economic attractiveness as a world-class environmental tourist destination. It will cover three key areas, including economic and service sector, tourism and sports, and culture and education. A dedicated board will... Read More

Adipec opens with key presentations on strategies for new energy landscape

08 Nov 2016

WAM -- The largest ever Abu Dhabi International Petroleum Exhibition and Conference (Adipec), opened today, marking the start of four days of high-level industry discussions that will shape policies and strategies for the new energy landscape.

The event was inaugurated by H.H Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court.

Held under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the United Arab Emirates, Adipec... Read More

Tiffany & Co’s iconic blue lights up Burj Khalifa to celebrate a historic moment linking New York and Dubai!

07 Nov 2016

His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai International Marine Club, attended Tiffany & Co. event entitled “Two Cities, One Night: New York in Dubai” that took place at The Pavilion Armani Hotel by Burj Khalifa on 2 November 2016.