City among top five in the world to attract ultra wealthy
Emirate sees a net inflow of 2,000 super rich in 2015. Around 460,000 HNWIs with a combined wealth amounting to $2.2 trillion are living in the Middle East.
Dubai, one of the world's top sought-after havens of super rich people, saw a net inflow of 2,000 millionaires in 2015, a new report on global millionaire migration reveals.
The city, home to 42,000 high networth individuals (HNWIs), saw strong millionaire... Read More
Preparations have begun for the six-month mega Expo in Dubai
Dubai Expo 2020 has appointed the former chief executive officer of the British Olympic Association Simon Clegg as its new chief operating officer.
Clegg also served as the COO of the inaugural European Games in Baku last year and was a former CEO of the Ipswich Town Football Club.
Expo 2020, themed ‘Connecting Minds, Creating the Future’ is expected to feature 200 participants and will be 10 per cent larger in... Read More
This was stated by Dubai Chamber of Commerce and Industry president and chief executive officer Hamad Buamim in his address to a large number of diplomats based in the UAE on Monday evening.
Dubai's economy emerged resilient and witnessed a growth of around four per cent in 2015 and it is expected that this growth will sustain in 2016.
This was stated by Dubai Chamber of Commerce and Industry president and chief executive officer Hamad Buamim... Read More
More than 140 prominent local, regional and international galleries and artists will be featured at the show
World Art Dubai 2016 is preparing to present a plethora of multinational artists to showcase their individual work and to connect them with art lovers from all kinds of cultural and social backgrounds.
The four-day event, taking place at the Dubai World Trade Centre from April 6 to 9, will bring in artists from all walks of life each with their own unique story and... Read More
A powerful line-up of 166 competitors from 36 countries have assembled at Yas Marina Circuit.
The eyes of the cross country rallying world are on the UAE capital again as yet another spectacular episode of the Abu Dhabi Desert Challenge took off at 3pm on Saturday.
The Desert Challenge is organised by the Automobile and Touring Club of the UAE, the national motor sport authority.
The 26th edition of the event got under way with a super special spectator stage at Al... Read More
Jumeirah Al naseem, Madinat Jumeirah's newest hotel will open during summer 2016, marking the completion of one of the world’s leading luxury resorts.
With construction of the 430-room ‘resort within a resort’ well underway, reservations are now open from 29 March 2016 for stays after 1 October 2016.
Arabic for ‘sea breeze’, the name ‘Al Naseem’ reflects both the unrivalled location of the hotel and the unique inside-out design, which evokes a sense of calm and relaxation for... Read More
Gold on 27 will offer an array of specialised cocktails
Dubai-based luxury hotel Burj Al Arab will open a new ‘gold’ bar on its highest floor next week.
Gold On 27 will feature an art deco design with textured walls ‘shimmering’ with gold and crafted lighting effects.
The bar will offer an array of specialised cocktails blended with premium brands and a wide list of ingredients with the team of mixologists headed up by bar general manager Paul Bradley.
Blends... Read More
Charge applies to departing flights after June 30, booked after March 1
Passengers flying out of Dubai’s airports will now pay Dh35 along with airline fare and other airport charges, the Dubai Media Office said in a statement yesterday.
The service fee has been introduced to help finance the expansion of Dubai International and Al Maktoum International at Dubai World Central (DWC), according to the statement.
The fee for “using airport facilities” will be added to all... Read More
HTC Corporation, a proud sponsor of the region’s most anticipated fashion event, the Jaguar Style Stakes, rewarded the most stylish men and women at the Dubai World Cup 2016. The global leader in mobile innovation and design sponsored three of the event’s main categories.
The HTC winners included Romain Zouhri and Charlotte Taylor, the Best Dressed Couple; Nader Tearab, who won the Best Dressed Man; Shaleen Alena Cheah, the Best Dressed Lady and LaToyah Asha, Best Dressed Lady runner-... Read More
The Ajman Tourism Development Department (ATDD) has teamed up with the emirate’s newest luxury flagship hotel, Fairmont Ajman and Ajman Bank to announce the emirate’s first cycling competition named Ride Ajman to be held on April 22, 2016.
The announcement was made today at a press conference in Fairmont Ajman attended by organizers and sponsors of the event where preparations and plans are revealed to ensure the success of the event.
Sheikh Abdullah Bin Ahmed Al Nuaimi, son of... Read More