Business
Emaar’s Jan-Sept net profit up 16%, Dubai sales drop 28.5%
02 Nov 2015
The government-owned builder's net profit rose 31 per cent during the third quarter of this year despite the sales slump in its home market2 November 2015
Emaar Properties’ net profit during the third quarter of 2015 rose 31 per cent to reach Dhs 843m ($230m), the Dubai-based developer said.
The government-owned builder’s revenues rose 56 per cent during Q3 to reach Dhs 3.3bn, compared to Dhs 2.1bn in the corresponding period last year.
Meanwhile Emaar reported a 16 per... Read More
UAE among top valuable nation brands
02 Nov 2015
2 November, 2015
The report recorded Singapore as the world's strongest nation brand while UAE is placed third.The UAE and Qatar both feature in the top 10 list for nation brand strength, placing third and ninth respectively, according to Brand Finance's 'October 2015 Nation Brands' report.
The report recorded Singapore as the world's strongest nation brand in 2015, followed by Switzerland. Singapore is now seen as modern, innovative, industrious, welcoming to outsiders,... Read More
Ahmad attends Expo Milano 2015 closing ceremony
02 Nov 2015
After Milan, Dubai will host the next World Expo in 2020
2 November 2015
Dubai: Shaikh Ahmad Bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman and Chief Executive of Emirates Airline and Group, and Chairman of the Dubai Expo 2020 Higher Preparatory Committee attended the closing ceremony of Expo Milano 2015.
Shaikh Ahmad was joined by Reem Al Hashemi, UAE Minister of State, Board Representative of the Dubai Expo 2020 Higher Preparatory... Read More
Aston Martin Dubai Launches DB10 from “Bond’s Spectre film” latest release
01 Nov 2015
Aston Martin Dubai was delighted to unveil for the first time in the region to a select group of local press the DB10 James Bond car that was specially created for the film, Spectre.
The Bond car was revealed by Neil Slade, Regional Director for Aston Martin. Aston Martin is celebrating the great British brand’s half century with Bond, which started with the iconic DB5, the DB10 gives a glimpse to the future design direction for the next generation of Aston Martins.
Production... Read More
Global Village’s 20th season celebrations offers new surprises and shows for the best guest experience yet!
01 Nov 2015
Highlights include:
Enhanced guest centric infrastructure New iconic entrance – ‘The Gate of The World’ Expanded grass seating areas Expanded line-up of attractions, concerts and entertainment Exciting new rides Superior dining experience New bespoke shows New costumer friendly ticketing system New pavilions include Russia and Japan and the welcomed return of Indonesia
Dubai, United Arab Emirates – 1 November 2015: Global Village, the unique, engaging multicultural... Read More
Old Navy opens doors to its First Store In The UAE
01 Nov 2015
Iconic American apparel brand Old Navy announced it is opening its first store in the UAE this November at the Dubai Festival City.
Old Navy’s entry into the UAE marks another milestone in the brand’s continued global growth strategy. Old Navy is focused on making style accessible to everyone through on-trend, high-quality product collections at incredible value for the whole family. The first Old Navy store will feature the same energizing store environment that the brand has become... Read More
Boggi Milano Head of Product Department, Pietro Rizzi, visited Dubai
01 Nov 2015
Leading Italian menswear and lifestyle brand, Boggi Milano, recently welcomed Mr. Pietro Rizzi, Head of Boggi Milano’s Product Department, at their boutique in The Dubai Mall. Held on October 28th, the event witnessed the attendance of select media invitees and VIP guests who met and mingled with Mr. Rizzi.
Guests were treated to a tasteful and stylish ambiance that is characteristic of every Boggi Milano event. Enchanting jazz music regaled the attendees as they were offered canapés... Read More
UAE is top business hub
01 Nov 2015
1 November 2015
The growth in financial and business services, trade and logistics, and tourism activity, over the last couple of decades, has played an important role in fuelling Dubai's emergence as a global hub, showed Knight Frank in its 2015 'The Hub Report'.
The inaugural research report noted that between 2004 and 2014, manufacturing activity in the UAE increased at an annual average rate of 3.1 per cent, according to World Bank data. Even more significantly, the UAE saw... Read More
Dubai Design Week concludes, announces awards; releases MENA study
01 Nov 2015
UAE and Saudi Arabia are by far the largest overall design markets in the region, totaling $ 27.6bn and $ 21.9bn in design revenues in 2014.
1 November 2015
AS THE FIRST Dubai Design Week (DDW) concluded yesterday, the region's design and décor industry was given a spotlight throughout the city. As a part of this celebration the Second Middle East Design Awards, presented by leading luxury magazine Harper's Bazaar Interiors, was held on Wednesday night at the Emirates Towers... Read More
Dubai non-oil trade hits Dh652b
01 Nov 2015
China, India and US remain emirate's top three trading partners in H1.Dubai's foreign trade during the first half of 2015 remained stable at Dh652 billion compared to Dh654 billion in the same period last year.
According to latest data issued by Dubai Customs, the emirate's exports registered double-digit growth in exports during the January-June period as it reached Dh65 billion from Dh59 billion in the same period last year.
Dubai's re-exports and imports also sustained... Read More
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