Business

Dubai is 4th most popular city in the world

04 Jun 2015

4 June 2015

Emirate expected to host 14.3 million international visitors in 2015.

Dubai: Dubai, on track to attract 14.3 million international visitors in 2015, now ranks as the fourth most sought-after destination on the planet.

According to the findings of the MasterCard Global Destination Cities Index, released on Wednesday, Dubai has consistently advanced its position since the launch of the Index. The city ranked eighth in 2012, seventh in 2013, fifth last year and... Read More

Dubai Chamber, DSOA ink deal

04 Jun 2015

4 June 2015

The MoU was signed by Hamad Buamim, president and CEO, Dubai Chamber, and Dr Mohammed Alzarooni, vice-chairman and CEO, Dubai Silicon Oasis Authority.

Dubai: Dubai Silicon Oasis Authority, or DSOA, has signed a Memorandum of Understanding, or MoU, with Dubai Chamber of Commerce and Industry, to enhance cooperation in fostering entrepreneurship through a strategic agreement between the Chambers initiative of Tejar Dubai and DSOA’s wholly owned Dubai Technology... Read More

Young talent key to sustainable growth: Shaikh Mohammed

04 Jun 2015

WAM / 4 June 2015Shaikh Mohammed directed the chamber's chairman and members to work as one team and benefit from experiences of local businesspersons and experts in this field.

Dubai: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has met the new board of directors of the Dubai Chamber of Commerce and Industry at Zabeel Palace.

Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and... Read More

Dubai will lead Mideast indoor entertainment industry

03 Jun 2015

3 June 2015During this summer, residents and tourists can experience some of the best indoor entertainment concepts in the city and also across other emirates in the UAE.

Dubai: Dubai is at the fore-front of the indoor entertainment industry in the Middle East and will significantly boost its retail and tourism segments, according to an expert.

Referring to a recent study of Euro Monitor International, chairman of International Expo Consults Abdul Rahman Falaknaz said the... Read More

Dubai to become one of world’s top maritime centres in 5 years

03 Jun 2015

3 June 2015Dubai named among Top 5 in ports and logistics, Top 10 in competitiveness and attractiveness.

Dubai – A recent international survey conducted by Menon Business Economics Group, the organization for benchmarking maritime capitals of the world, predicts that Dubai will rank among the top 7 leading maritime centres in the world in the next five years.

Industry analysts and authorities agree that Dubai is on track to progress from being the leading maritime city in the... Read More

UAE makes it to top 10 retail rankings yet again

03 Jun 2015

Mall owners build to the future, overlooking the current lukewarm sentiments

 

June 3, 2015

Dubai: The UAE has yet again been named among the top ten retail destinations in the world, being ranked seventh for ‘opportunities in retail development’.

This is as per the rankings issued by A.T. Kearney Global. This is the eighth straight year that the UAE features in the top ten.

Clearly, the decline in Russian and other tourist arrivals will not put a brake on... Read More

InterContinental to open Dubai’s first fully solar-powered hotel

03 Jun 2015

The world’s biggest hospitality chain plans to open Dubai’s first fully solar-powered hotel.

InterContinental Hotels Group aims to open the 170-room Hotel Indigo in the first half of 2017 as the city invests heavily in renewable energy projects.

It will use solar power for all its energy needs and recycle all waste water and waste generated.

“We were seduced by their plans of waste and energy management,” said Pascal Gauvin, regional chief operating officer for IHG.... Read More

UAE can save billions with solar energy, Irena report says

03 Jun 2015

The UAE could realise billions of dirhams in potential savings if it develops solar energy projects ahead of other sources including natural gas, according to a report from the International Renewable Energy Agency.

If the UAE can boost its renewable energy capacity to 10 per cent of its total energy mix - and 25 per cent of power generation - it could save US$1.9 billion annually by 2030 by reducing consumption of fossil fuels amid “rapidly increasing natural gas prices and... Read More

Global energy agency Irena set to open sustainable HQ in Masdar City

03 Jun 2015

ABU DHABI // After a four-year wait, Adnan Amin, director general of the International Renewable Energy Agency, will on Wednesday night officially launch its global headquarters in Abu Dhabi.

The complex, covering 32,000 square metres, has been heralded as one of the most efficient in the world, showing Abu Dhabi’s strong commitment to the environment and Irena’s role in serving it.

“I came in just before the first assembly, in 2011, and was expected to launch a new... Read More

Dubai International Financial Centre hosts big-league Chinese delegations; explores long-term strategic growth across key sectors

02 Jun 2015

Dubai, UAE- 1 June 2015: The strategic engagement at Dubai Week in China has proved a milestone for the Dubai International Financial Centre's (DIFC) intent to draw Chinese businesses. This was validated in the recent visit of high-profile delegations from China’s Bank of Communication Co. and state-owned conglomerate China Everbright Group Limited to DIFC, the emirate’s sought-after gateway connecting the Middle East, Africa and South Asia (MEASA) markets with the economies of Europe, Asia... Read More

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