Business

Abu Dhabi’s new cruise terminal to open this year

11 Apr 2015

Abu Dhabi's new cruise terminal is set to become operational by the end of the year.

The terminal will be capable of handling 2,500 passengers and three ships simultaneously.

"Work is progressing in full swing and we are aiming for an end-of-2015 finish to coincide with home porting plans of Royal Caribbean to base one of its Celebrity Cruise vessels at Zayed Port for the 2016-17 season,” said Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports Company (ADPC).

... Read More

Abu Dhabi Ocean Racing win epic Leg 5

11 Apr 2015

The Itajaí In-Port Race is scheduled for April 18 with the start of Leg 6 to Newport, USA on April 19.

Abu Dhabi — Abu Dhabi Ocean Racing (ADOR) — the emirate’s entry in the Volvo Ocean Race (VOR) — has established a seven point advantage at the top of the overall standings after winning the marquee fifth leg in the epic, round-the-world race, from New Zealand to Brazil, a Press release said.

The Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi)-backed crew, skippered... Read More

Sun shines bright on UAE tourism

11 Apr 2015

The UAE tourism industry will continue to expand in 2015, with 7.6 per cent year-on-year growth in tourist arrivals and 9.3 per cent increase in tourism receipts, according to a report by Business Monitor International (BMI).  "The outlook for UAE's tourism sector looks bright. We expect strong growth in tourist arrivals, tourism receipts and hotel industry value,” the report said.

The report predicted that total tourism receipts would cross the US$20 billion mark in 2015. Inbound... Read More

Dubai’s Ruler Endorses Dhs14bn Nakheel Projects

10 Apr 2015

The projects include a 12 million sq ft mixed used development in Deira Islands that will feature a massive mall with a glass dome.

Dubai developer Nakheel is planning to underatke 23 million sq ft of new residential and leisure projects worth Dhs14 billion over the next three years, the company announced on Wednesday.

The projects, including new developments and extensions to existing ones, were showcased to Sheikh Mohammed bin Rashid Al Maktoum, UAE’s VP and PM and Dubai’s... Read More

Kazakhstan’s ‘New Silk Way’

08 Apr 2015

Global marine terminal operator DP World and Kazakhstan Temir Zholy (KTZ), Kazakhstan’s national railway company, have signed an agreement that will see DP World provide management advisory services for the development of the Khorgos Special Economic Zone (SEZ) and Inland Container Depot (ICD).

DP World will also provide similar services under a separate contract at the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea.

The signing was held in Astana... Read More

Russia’s Anastasiya Nifontova the only female rider in Abu Dhabi Desert Challenge

08 Apr 2015

Russia’s Anastasiya Nifontova was surprised to find that she is the only female rider in the Abu Dhabi Desert Challenge.

“I thought there would be other girls in this event but it looks like I am the only one,” Nifontova said.

“It will be new experience on the bike and competing with an all-male field, but it’s the second time riding in the Desert Challenge, so I know what to expect.

“I have been speaking to some of the local guys and they have said the sand is currently... Read More

Russian Round Table - Cultural Event at Synergy University Dubai Campus

08 Apr 2015

Synergy University Dubai Campus hosted a Russian Round Table Cultural Event, organized by the Russian Compatriot Organization in the UAE.

The main theme of the event was “Russian language tutorials: significance of literary traditions, trends and modernity. Among the distinguished guests were H.E. Mr. Alexander Efimov, Ambassador of the Russian Federation in the UAE; H.E. Mr Gocha Buachidze, Consul General of Russia in Dubai and Northern Emirates; Father Alexander of Saint Philip the... Read More

UAE joins $100 billion AIIB

08 Apr 2015

Final number of founding member countries to be confirmed on April 15.

Dubai — The UAE has become a prospective founding member of the $100 billion Asian Infrastructure Investment Bank, or AIIB, an initiative by China in an effort to challenge the World Bank and the Asian Development Bank dominated by the US and Japan.

The UAE joins 34 other prospective founding members of the bank as the US has come out against the AIIB, citing labour and environmental issues as the main... Read More

UAE Space Agency Visits NASA, Seeks US Partnership

08 Apr 2015

The UAE is seeking to send the Arab region’s first unmanned mission to Mars by 2021.

The UAE Space Agency, the body responsible for sending the country’s first unmanned mission to Mars, made an official visit to the United States to meet key stakeholders in the industry, and improve its role and place within the international space sector, official news agency WAM reported.

The agency delegation, which included Chairman Khalifa Mohammed Al Rumaithi and Director-General Mohammad... Read More

Emirates now offers free Wi-Fi on 106 of its aircraft

05 Apr 2015

After updating the service in early February with a simpler sign-on process on top of other software updates, Emirates has seen a further 25 per cent increase in uptake.

Dubai — Emirates now offers free Wi-Fi on 106 of its aircraft, with two to three more aircraft being installed with Wi-Fi connectivity every month.

After updating the service in early February with a simpler sign-on process on top of other software updates, Emirates has seen a further 25 per cent increase in... Read More

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