Business

Dubai expects more Chinese tourists in 2015

12 Nov 2015

Emirate sees growth despite China economic slowdown

12 November 2015

A slowdown in China’s economy is unlikely to lead to a drop in the number of Chinese visitors to Dubai, with the emirate’s tourism authority working to add more flights between the two destinations in 2016.

Hoor Al Khaja, manager of overseas promotions at the Department of Tourism and Commerce Marketing (Dubai Tourism), said by phone that the tourism authority continues to see appetite from Chinese... Read More

Etihad in deal to promote Abu Dhabi’s tourism appeal

12 Nov 2015

UAE carrier, TCA and Miral Asset Management to drive growth of inbound, stopover traffic

12 November 2015

Etihad Airways has signed a Memorandum of Understanding (MOU) with the Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), and also with Miral Asset Management (Miral), which oversees the development and management of a range of hospitality, sports, entertainment, retail and leisure destinations on Yas Island. The two MOUs aim to cement stronger ties between the... Read More

Sheraton resort opens in Sharjah

12 Nov 2015

The 349-room resort further expands the Starwood’s portfolio in the UAE to 25 hotels

12 November 2015

Starwood Hotels & Resorts on Wednesday announced the opening of the Sheraton Sharjah Beach Resort & Spa, its first hotel in Sharjah. The 349-room resort further expands the company’s portfolio in the UAE to 25 hotels.

“The entry of Sheraton in Sharjah marks a milestone for the company and also reinforces the Sheraton brand’s goal to open 150 new hotels by 2020,”... Read More

Reem Mall project unveiled to region’s retailers

12 Nov 2015

They had the opportunity to see the detailed plans for the first time in a public forum

12 November 2015

Reem Mall, the upcoming $1 billion (Dh3.67 billion) entertainment, leisure, dining and shopping destination in the heart of Abu Dhabi, was unveiled to the region’s retailers on Wednesday.

At an event held in Dubai, senior executives from Reem Mall, mSquared, NREC and UPAC, the developers behind the project, gave the first public presentation on what will become Abu... Read More

Ferrari Store Expands Presence in the UAE

11 Nov 2015

Ferrari Store, the Italian fashion retailer is aiming to achieve rapid expansion in the UAE. The Ferrari Store is a retail outlet opened by highly regarded Italian car maker, Ferrari. The company announced its expansion in the UAE with newly opened and remodelled outlets, including the new flagship store at The Dubai Mall, which has been designed in line with the brand’s new retail concept and is second in size only to the store at Ferrari World, Abu Dhabi.

The new retail concept was... Read More

GCC states to enforce VAT in 2018, says official

11 Nov 2015

Enforcement of the tax will start next year; unified implementation across region will take another 3 years

11 November

Member states of the Gulf Cooperation Council (GCC) are expected to enforce a value-added tax (VAT) by 2018, according to a GCC source. An agreement on this tax will be forwarded to the next summit of GCC leaders for final endorsement, the source told Al Eqtisadiah.

Enforcement of the tax will start next year, while unified implementation across the... Read More

UAE Space Agency to set up meteor monitoring network in Abu Dhabi

11 Nov 2015

The project is expected to provide substantial astronomical data about meteor and satellite movements

11 November 2015

The United Arab Emirates’ Space Agency announced that it has signed an agreement with the International Astronomy Centre to set up a meteor monitoring and filming network in Abu Dhabi.

The project is expected to provide substantial astronomical data about meteor and satellite movements, including their coordinates. Such information will help support... Read More

Dubai Parks and Resorts on track to open by October 2016

11 Nov 2015

The company said most of the theme park’s procurement had been completed and 73 per cent of project structure work was complete

11 November 2015

Located in Jebel Ali, the Dhs 10bn project was first launched in 2012 by Sheikh Mohammed bin Rashid Al Maktoum. It will consist of three major theme parks: Hollywood-themed Motiongate Dubai, Legoland Dubai and Bollywood Parks Dubai along with Riverland, a grand entrance plaza and Lapita, a family themed hotel.

Dubai Parks and... Read More

Emirates SkyCargo opens new terminal in Dubai South

11 Nov 2015

Named Emirates SkyCentral, the cargo facility will house SkyCargo's fleet of 15 freighter aircraft

11 November 2015

Emirates SkyCargo's new terminal at the new Logistics District in Dubai South (earlier Dubai World Central) was officially inaugurated on Tuesday during the Dubai Air Show.

Named Emirates SkyCentral, the cargo facility will house SkyCargo's fleet of 15 freighter aircraft.

The terminal features centralised screening, an integrated police facility,... Read More

Emirates celebrates 30-year milestone

11 Nov 2015

Emirates today is the envy of the world because of the determination of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the passion and hard work of thousands of dedicated men and women working for the airline, said Shaikh Ahmed bin Saeed Al Maktoum, President of the Dubai Department of Civil Aviation and Chairman and Chief Executive of Emirates Airline and Group.

From its small beginning in 1985, Emirates has... Read More

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