Business

Russia-Jafza trade records 40% increase in 2014

15 Nov 2015

Free Zone conducts 4-day roadshow in Russia to attract more Russian multinationals

15 November 2015

Jebel Ali Free Zone (Jafza) has recorded a significant year-on-year rise in its bilateral trade with Russia. In the last 5-years Jafza-Russia trade has seen 4-fold increase rising from USD 106 million in 2010 to USD 413 million in 2014, the company said in a statement. The Russia-Jafza trade in the last fiscal saw an impressive 40% increase.

To further strengthen its... Read More

Host Cities 2015 in Dubai to open this week

15 Nov 2015

Other topics on the agenda include women in sport, innovation, emerging sports and markets, the importance of home-grown events

15 November 2015

This week’s Host Cities 2015 summit in Dubai, which runs from 18-19 November at Fairmont the Palm, will bring together leading industry figures to explore how different hosting strategies are shaping the futures of cities across the world.

An expert line-up of speakers will identify trends in strategies for bids, sponsorship,... Read More

Shaikh Mohammed tours Dubai Motor Show 2015

15 Nov 2015

Shaikh Mohammed expressed his admiration about the show which has become an annual platform for car fans, especially youth and manufacturing companies 15 November 2015

His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, visited the Dubai International Motor Show 2015, the largest international automotive event across the Middle East and North Africa.

Accompanied by Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of... Read More

UAE tops new car sales growth in Middle East

15 Nov 2015

The UAE topped the world in new car sales growth rates during the first eight months of 2015 15 November 2015

The UAE hosts major automotive dealerships in the world and is also a key market for car sales in addition to being a re-export hub for the Middle East region.

This was stated by Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry at an event, which was organised by Custom Events to announce the results of the second edition of Car of... Read More

UAE economic growth to rebound by 2016 despite oil price drop

15 Nov 2015

The UAE economy, the most diversified regionally, has experienced a slowdown this year

15 November 2015

The United Arab Emirates’ economic growth, which has been hit by low oil prices, will be on a positive trajectory by the end of next year – a senior investment official said.

Although one of the most diversified in the region, the UAE economy has experienced a slowdown this year. The International Monetary Fund also cut the Gulf Arab country’s growth forecast for 2015 to 3.2... Read More

EXPO 2020 Dubai Launched YouthConnect

EXPO 2020 Dubai Launched YouthConnect

15 Nov 2015

The first in a series of annual events designed by youth for youth to unlock opportunities

Expo 2020 welcomed some of our nation’s brightest young minds at the inaugural ‘YouthConnect’ on Saturday, November 14th 2015 at the Sky Bubble, Meydan - Dubai. The event is the first in a long-standing and wide-ranging series of interactive forums, designed by youth for youth.

YouthConnect gathers UAE residents between the ages of 16 and 25 for an... Read More

DAMAC launches the world’s first Bugatti-styled villas

12 Nov 2015

DAMAC Properties, Dubai’s leading luxury real estate developer recently launched ETTORE 971, the world’s first Bugatti-styled, ultra-premium, limited edition villas within the lush green, 55 million sq ft AKOYA Oxygen master development, overlooking the Tiger Woods designed, Trump World Golf Club during Cityscape Global exhibition in Dubai. Aviamost met Niall Mcloughlin, Senior Vice President, DAMAC Properties to know more about the city’s sensational new project which has placed it in the... Read More

UAE tourist spends grow 10% in first nine months of 2015

12 Nov 2015

Tourist F&B spending sees 30% year-on-year growth, study says

12 November 2015

Overall tourist spends in the UAE increased by 10 per cent in the first three quarters of 2015 compared to the same period last year, according to a new report on consumer spends by Network International.

The food and beverage sector witnessed the highest growth, 30 per cent year on year, with a 78 per cent growth in Saudi spending making them the top spenders in the sector. F&B... Read More

Dubai expects more Chinese tourists in 2015

12 Nov 2015

Emirate sees growth despite China economic slowdown

12 November 2015

A slowdown in China’s economy is unlikely to lead to a drop in the number of Chinese visitors to Dubai, with the emirate’s tourism authority working to add more flights between the two destinations in 2016.

Hoor Al Khaja, manager of overseas promotions at the Department of Tourism and Commerce Marketing (Dubai Tourism), said by phone that the tourism authority continues to see appetite from Chinese... Read More

Etihad in deal to promote Abu Dhabi’s tourism appeal

12 Nov 2015

UAE carrier, TCA and Miral Asset Management to drive growth of inbound, stopover traffic

12 November 2015

Etihad Airways has signed a Memorandum of Understanding (MOU) with the Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), and also with Miral Asset Management (Miral), which oversees the development and management of a range of hospitality, sports, entertainment, retail and leisure destinations on Yas Island. The two MOUs aim to cement stronger ties between the... Read More

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