Business

UAE signs an MOU with People’s Republic of China for cooperation in space science

28 Dec 2015

Aiming at defining coordination framework for data exchange, joint studies and peaceful exploration of outer space

28 December 2015

Abu Dhabi, UAE: The UAE has signed a memorandum of understanding with the People's Republic of China concerning defining a framework for collaboration in studies and development in space science, as well as the peaceful exploration of outer space. The signing came during the visit of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of... Read More

Dubai Safari Park to open in 2016

28 Dec 2015

Covering an area of 119 hectares and at a cost of Dh150 million, Dubai Safari Park incorporates international best practices

28 Dec 2015

Dubai: It’s full steam ahead for Dubai’s new zoo with Safari Park expected to open by mid-2016, confirmed a senior official on Sunday.

Covering a total area of 119 hectares at a cost of Dh150 million, the zoo is expected to open its doors to the public within the third quarter of next year.

“The new zoo will be home to almost 1,... Read More

Mohammad Bin Rashid approves Dh46.1 billion 2016 Dubai budget

28 Dec 2015

Zero-deficit budget makes 37 per cent of allocation to social sectors

28 December 2015

Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday approved a Dh46.1 billion Dubai budget for 2016.

The zero-deficit budget has been increased by 12 per cent over the Dh41.17 billion of 2015.

The budget for the year has an operating surplus of Dh3.4 billion and targets the creation of 3,000 new... Read More

DSF Mega Raffles Change Lives of Shoppers

27 Dec 2015

Dubai Shopping Festival will be kicking off its 21st edition on the 1st January, and with it will come the chance for shoppers from all over the world to win life changing prizes from the festival’s Mega Raffles – the Infiniti Mega Raffle, the Nissan Grand Raffle, the Gold & Jewellery Raffle -  and many other rewards from various promotions run across Dubai’s numerous malls.

This year too, DSF organisers, the Dubai Festivals and Retail Establishment (DFRE), an agency of the... Read More

UAE to set up Yuan clearing hub

27 Dec 2015

The hub will be the second one in the Middle East

The United Arab Emirates has announced plans to set up a Yuan clearing hub, the country’s central bank said in a statement.

The hub will be the second one in the Middle East and signals Gulf countries' growing interest in Renminibi trade. Qatar opened the first Yuan clearing hub in the region earlier this year.

The UAE’s central bank said that the agreement was signed during Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed... Read More

Many look forward to a unique shopping experience during DSF 2016

26 Dec 2015

Many look forward to a unique shopping experience during DSF 2016

Dubai Shopping Festival is only days away from launching its 21st edition, and with Dubai’s retailers set to offer amazing shopping deals and life changing rewards combined with exciting activations throughout the 32-day long festivities, anticipation is rising amongst compulsive shoppers.

A citywide extravaganza, the Dubai Shopping Festival offers so much in terms of promotions and deals that shoppers are... Read More

Electronics retailers anticipate strong sales during DSF 2016

23 Dec 2015

Festival shoppers can look forward to unbeatable offers

Tech savvy visitors to the Dubai Shopping Festival 2016 will be able to find a number of amazing offers and activations on the very latest gadgets and electronics during the festival. DSF inspires exceptional promotions and activations across Dubai’s retail pillars, especially in consumer electronics, which experiences major sales growth during the annual event.

Organised by the Dubai Festivals and Retail Establishment (... Read More

Dnata lands another Chinese deal with Hainan Airlines

23 Dec 2015

Dnata signs seventh Chinese client for Australia

23 December 2015

Dubai: Dnata has signed a multiyear deal with Hainan airlines, a Chinese carrier. Following the airline’s expansion to Australia, Dnata will be handling the ground operations at the Kingsford Smith Airport in Sydney.

On December 23, Hainan Airlines will be starting bi-weekly flights from Xi’an Xianyang International Airport to Sydney. Dnata earlier this month signed a contract with Xiamen Air, bringing the... Read More

Hermès ‘Wanderland’ Announces Dubai as its Middle East Debut during Dubai Shopping Festival’s 21st Edition

23 Dec 2015

French luxury house’s unique exhibition to open to the public on 21st Jan on Dubai Fountains DSF 2016 introduces new themed events and activities to visitors from across the globe

Organisers of the Dubai Shopping Festival today (22 December) announced details of some of the biggest attractions that are set to offer exceptional experiences to residents and visitors at the festival’s 21st edition, which runs from 1 January to 1 February.  Working closely with partners DSF also introduced its... Read More

Mohamed bin Rashid receives Slovak Prime Minister

22 Dec 2015

21st December 2015 (WAM)

Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, today received Robert Fico, Prime Minister of Slovakia, and members of the accompanying delegation at Zabeel Palace.

During the meeting, H.H. Sheikh Mohammed accepted an invitation from the Slovak prime minister to visit Bratislava. He promised to pay the visit at a suitable time.

He stressed that the government and leaders of the UAE welcome... Read More

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