Uzbekistan Government presents economic strategy for 2015

12 Feb 2015

The Cabinet of Ministers of the Republic of Uzbekistan convened for an extended meeting on January 16 to discuss the outcomes of socio-economic development in the country in 2014 and the crucial priorities of economic program for the year 2015.

President of the Republic of Uzbekistan Islam Karimov delivered a keynote speech at the session. He noted in particular that despite the negative impact of the ongoing global financial and economic crisis, slowdown in the growth rates of world... Read More

Working towards an energy-efficient future

11 Feb 2015

The World Future Energy Summit (WFES) is the Middle East’s largest gathering on future energy and one that drives actionable solutions to the world’s energy challenges. Now in its eighth edition, WFES 2015 was held in Abu Dhabi at ADNEC from 19 – 22 Jan 2015, and attracted upwards of 30,000 delegates from 170 different countries, representing expertise from industry, technology, finance and government. A report


His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-... Read More

Government Summit kicked off on 8 Feb 2015

11 Feb 2015

60 high-profile speakers to address the annual summit, 2,000 officials to participate

Dubai: Top governments officials from across the country will gather at Madinat Jumeirah for the third Government Summit, starting from Monday.

More than 60 high-profile speakers, including world leaders, decision-makers, ministers, CEOs, leaders in government innovation, government officials and experts will share ideas, latest studies and techniques on the future of government services... Read More

Astrakhan team visits Saif Zone to boost investment

11 Feb 2015

The delegation led by Sergey N. Krzhanovskiy, deputy chairman of the government and Minister of Industry, Transport and Natural Resources of Astrakhan region, met Saud Salim Al Mazrouei, director of Sharjah Airport International Free Zone

Sharjah — A high-level delegation from Astrakhan region of Russia visited Sharjah Airport International Free Zone (Saif Zone) with a mission to promote trade and investment mission.

The delegation led by Sergey N. Krzhanovskiy, deputy chairman... Read More

Dubai to boost ties with 3,000 UAE-based Russian businesses

11 Feb 2015

The Dubai-Russia trade in the first nine months of 2014 amounted to Dh7 billion, while in 2013, it scored Dh11 billion.

Dubai — As part of Irtibat, an initiative launched by Dubai Customs to nurture closer ties with foreign business communities based in the emirate, Dubai Customs received a delegation from the Russian Federation and Russian Business Council in Dubai.

The delegation also comprised representatives from Russian businesses based in Dubai.

Ahmed Mahboob... Read More


UAE, Russia space cooperation reaching new heights

11 Feb 2015

ABU DHABI // Russia and the UAE are taking space technology cooperation to new heights, according to the Russian ambassador.

The country is now one of the UAE’s major partners in this field, primarily regarding the delivery of Emirati satellites to space.

“The establishment of the UAE Space Agency and the announcement of some ambitious projects like the Mars probe in 2021 for sure will contribute to bringing the cooperation in this field to a new height,” Alexander Efimov, the... Read More

Jumeirah Signs First Venu Hotel For Meraas’ Bluewaters Island Project

07 Feb 2015

The hotel will have close to 300 rooms and is slated for completion in 2017.

Dubai-based hotel operator Jumeirah announced that it has signed the first deal for its new hotel brand, Venu, with developer Meraas Holding for its upcoming Dhs6 billion Bluewaters Island project in Dubai.

Jumeirah will operate the Venu Bluewaters Island Hotel and adjoining serviced... Read More

Dh5m underwater villas on Dubai’s The World islands

07 Feb 2015

First they built artificial islands off the coast of Dubai. Now the next stage is homes that will be partially submerged.

A developer is to build villas that have two floors above water level and one beneath on a cluster of six islands on The World islands project, known as the Heart of Europe.

Invitations for Saturday’s private launch have been sent out to... Read More

Middle East carriers post strongest annual passenger traffic growth in 2014

07 Feb 2015

Region’s capacity rose 11.9 per cent and load factor climbed to 78.1 per cent

February 6, 2015

Dubai: The International Air Transport Association (IATA) announced on Friday that the Middle East carriers had the strongest annual passenger traffic growth of13 per cent in 2014.

“The region’s economies continue to show robust growth in non-oil sectors, and are... Read More

Strong demand, new products boost UAE business confidence

07 Feb 2015

Thriving non-oil private sector coasts over impact of declining crude prices

February 3, 2015

The UAE’s Purchasing Manager’s Index (PMI) for January showed strong improvement in business, indicating that the non-oil private sector continued to grow despite sharp decline in oil prices.

The UAE’s PMI is a composite indicator of non-oil economy based on data... Read More