Business

Shaikh Mohammed forms UAE Water Aid Foundation

03 Mar 2015

The new foundation is tasked with finding sustainable solutions to water shortage through the use of solar energy to desalinate and purify water.

AdTech AdDubai - In his capacity as Ruler of Dubai, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minster of the UAE, has issued Law No. (3) of 2015 establishing the ‘UAE Water Aid... Read More

Dubai’s cruise tourism business hits new high

03 Mar 2015

30 ship calls with over 150,000 cruise tourists handled in Dubai in January 2015

Mina Rashid welcomes Cunard’s Queen Mary 2 and nine other ships in one week

Dubai, UAE, 24 February 2015: Dubai Cruise Tourism today announced that Dubai’s cruise season saw its busiest month so far in January 2015. The cruise terminals in Mina Rashid welcomed over 30 ship calls, bringing over 150,000 cruise tourists to the emirate in just one month, Mina Rashid also accommodated five cruise ships... Read More

Federer beats Djokovic to win record seventh DDFTC crown

03 Mar 2015

Roger Federer beats Novak Djokovic in the men’s singles final to bag seventh Dubai Duty Free Tennis Championship.

Dubai - Roger Federer made it a seventh Dubai Duty Free Tennis Championship triumph here with a 6-3, 7-5 success over world number one Novak Djokovic in the men’s singles final on Saturday night.

The 33-year-old Swiss saved two break points in his second service game and then clinically took the very first chance that came his way on the Serbian’s serve at 3-4, 30-... Read More

Developer Damac Reveals Plans to Create A Rainforest In Dubai

01 Mar 2015

The rainforest, to be created within a dome, will be located in Damac’s Akoya Oxygen project

Property developer Damac has revealed plans to create a new tropical rainforest in Dubai, within its upcoming master development, Akoya Oxygen.

The Dubai Rainforest will be located adjacent to the Trump World Golf Clubhouse, part of an open-air walkway of high-end retail and entertainment offerings.

It will recreate the natural jungle environment experienced in the deepest... Read More

Why Dubai is a must-see during winter

01 Mar 2015

Find out which other cities have won travelers’ votes

A winter holiday often conjures up images of snow-capped mountains, frozen lakes and quaint cottages. However, more and more travelers are increasingly becoming attracted to destinations that don’t turn into white wonderlands during the colder months.

Travel website gogobot.com has recently compiled a list of places that are attracting the most positive feedback from the traveling community.

Running on its third year... Read More

Dubai Expo 2020 launches UAE-wide community engagement campaign

01 Mar 2015

Beginning this week, the art showcase consists of 21 towering sculptures designed by leading global, regional and local talent, which will be unveiled across prominent UAE locations.

Dubai: Reem Al Hashimy, UAE Minister of State, Board Representative of the Dubai Expo 2020 Higher Committee and Director General, Bureau Dubai Expo 2020, on Saturday unveiled a UAE-wide multi-experience community engagement campaign for Expo 2020 Dubai under the banner of ‘For Everyone’.

Starting... Read More

Prospects of development of Kazakhstan’s transport and logistics system discussed in Dubai

01 Mar 2015

International investment forum “SILKWAY”: Creation of new logistics possibilities for trade between Europe and Asia” will be held in Dubai on March 3, 2015.

The organizers of the Forum are JSC “National company “Kazakhstan temirzholy” and global marine terminal operator DP World.

Askar Mamin, President of JSC “National company “Kazakhstan temirzholy” will address the leaders and representatives of more than 100 companies and organizations from 15 countries and answer questions... Read More

UAE Armed Forces sign agreements worth Dh3.955b at Idex

26 Feb 2015

To buy helicopters, rifles, ammunition, spare parts and radar system to detect planes

Abu Dhabi: The UAE Armed Forces entered into agreements on Tuesday worth Dh3.955 billion that include helicopters, rifles, ammunition, spare parts and radar system to detect planes.

UAE Armed Forces signed a contract with Tawazun dynamics to purchase ultra-precision guided ammunition at a cost of Dh1.530 billion. This was the biggest deal announced on Tuesday.

In other big agreements,... Read More

DAFZA contributed Dh109b to Dubai non-oil foreign trade

26 Feb 2015

Net profit rose 48% in 2014 when compared to a year earlier and revenues climbed 13%

Dubai: Dubai Airport Freezone Authority (DAFZA) contributed Dh109 billion to Dubai’s non-oil foreign trade last year, the government owned entity said on Tuesday.

Net profit rose 48 per cent in 2014 when compared to a year earlier and revenues climbed 13 per cent. The free zone did not release actual profit or revenue figures.

“We look forward with optimism this 2015 as we work to... Read More

Abu Dhabi International posts 20.7% January passenger growth

26 Feb 2015

A total of 1,887,631 passengers used the airport, home to Etihad Airways, in January

Dubai: Abu Dhabi International reported a 20.7 per cent increase in the number of passengers flying in January this year when compared to the same period a year ago, management Abu Dhabi Airports said in a statement on Tuesday.

A total of 1,887,631 passengers arrived, departed and passed through the airport, which is home to Etihad Airways, in January, compared to the 1,564,266 passengers in... Read More

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