Leisure and entertainment market potential is expected to reach 45m visitors by 2021
June 8, 2015
Dubai: The UAE’s leisure and entertainment market potential is expected to nearly double to 45 million visitors by 2021, according to a new report by international audit firm PwC.
Most of the visitors (30 million) are likely to be international tourists, while residents, their relatives and friends will account for 15 million. Also, by 2021, the country’s theme parks are... Read More
Both mid-market hotels set to open in early 2019
June 8, 2015
Dubai: Hilton Worldwide, a US-based hotel chain, and wasl hospitality and leisure have signed agreements to open two new mid-market hotels in Dubai, according to a statement on Monday.
The Hampton by Hilton Dubai Al Mina and Hilton Garden Inn Bur Dubai will feature 206 and 292 rooms respectively. Both properties are expected to open by early 2019.
Also in Dubai, Hilton Garden Inn hotels in Al Mina and... Read More
Reinforces DWC’s commitment to become a global, multimodal logistics hub
June 8, 2015
Dubai: Dubai-based Mohebi Logistics, one of the largest vertically-integrated supply chain management companies in the Middle East, has broken ground on its dynamic new facility at Dubai World Central (DWC).
Building on its successful and sustained track record in FMCG logistics through local know-how, strong market reputation and extensive network, the family-owned Emirati business is... Read More
Dubai: Uniting all smart services provided by different governmental and private entities is the biggest challenge facing Dubai’s smart city transformation, experts say.
This statement was made at the sixth session of the Smart Cities Forum on Sunday, which was organised by the Mohammad Bin Rashid School of Government.
“Any private or public entity can provide smart services and become smart. The challenge is uniting these services and making Dubai smart as a whole, making it... Read More
Nasdaq Dubai positioned to play important role in the growth of Islamic products.
Dubai: Shaikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive of Emirates airline and Group, rang the market-opening bell on Wednesday to celebrate the listing of a $913 million sukuk by the world’s biggest airline by international passenger traffic on Nasdaq Dubai.
The listing brings the total value of sukuk listed on Dubai’s exchanges to $34.96 billion, reinforcing Dubai’s position as... Read More
Dubai-based low cost carrier flydubai is set to receive its inaugural Boeing 737 MAX in the second half of 2017, the Seattle-based manufacturer has confirmed.
Boeing began the production process for its new aircraft last week with wing design at its 737 factory in Renton.
The first aircraft is slated for completion by the end of this year, and testing is expected to begin in the first half of 2016.... Read More
Some 3,000 people expected at Dubai’s Zabeel Park ahead of International Yoga Day on June 21
Dubai: Roughly 3,000 people are expected to join a mass yoga session in Dubai’s Zabeel Park on Friday as an advance celebration of the world’s first International Yoga Day (June 21).
Dubai Municipality, in coordination with Friends of Yoga, will host the free 40-minute evening session at the Megabowl area of the park.
The UN recently decided to mark International Yoga Day on June... Read More
Dubai's leading family and cultural entertainment destination, receives Certificate of Excellence from the world's largest travel site
Dubai: Global Village, Dubai's leading family and cultural entertainment destination, has received the prestigious Certificate of Excellence by TripAdvisor, the world's largest travel site. The award follows the park receiving positive reviews that are consistently rated a minimum of 4 out of 5 by millions of monthly visitors on the TripAdvisor website... Read More
The new contracts are part of the UAE company’s expansion plansJune 7, 2015 Reuters
Abu Dhabi: The UAE’s National Drilling Company has signed contracts worth $543 million (Dh1.9 billion) to buy 14 new rigs, state news agency WAM reported on Sunday.
One offshore and one onshore rig, worth $203 million, will be built in the UAE, WAM said, quoting the company’s chief executive Abdullah Saeed Al Suwaidi.
The onshore rig deal was signed with National Oilwell Varco, while... Read More
Sharjah, May 6, 2015: The Sharjah Tourism Advisory Committee, chaired by HE Khalid Jasim Al Midfa, Director General of Sharjah Commerce and Tourism Development Authority (SCTDA), held its third meeting to discuss the latest developments in the tourism sector in the emirate. The meeting focused on Sharjah Tourism Vision 2021 aim to... Read More