Business

DIFC announces 10-year plan, says will triple in size by 2024

11 Jun 2015

The financial free zone hopes that Dubai’s financial sector will raise its GDP contribution to 18 per cent over the next 10 years

Dubai International Financial Centre has announced a new strategy that will see the free zone triple its operations over the next 10 years, the centre’s governor Essa Kazim said.

Detailing the plan, Kazim said that DIFC will triple the office space available and its workforce.

By 2024, DIFC is predicting to see about 1,000 firms, up from the current... Read More

"Ramadan in Dubai" to put spotlight on month of reflection through unique citywide cultural experiences

11 Jun 2015

06 June, 2015

DFRE and DTCM

"Ramadan in Dubai" to put spotlight on month of reflection through unique citywide cultural experiences

Highlights include Dubai International Holy Quran Award, Dubai Ramadan Forum, Ramadan Tents, Ramadan Night Market and numerous community and charitable activities

‘Ramadan in Dubai’, an annual social and cultural campaign organised by the Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce... Read More

HomeAway to promote Dubai vacation homes

HomeAway to promote Dubai vacation homes

11 Jun 2015

Will also launch traveller-focused campaigns with DTCM

June 10, 2015

Dubai: HomeAway, a vacation rentals company, has partnered with the Dubai Department of Tourism and Commerce Marketing (DTCM) to promote the emirate’s vacation homes globally, according to a statement on Wednesday.

DTCM and the US-based company will work together to raise awareness of and provide support to licensed vacation homes operators in the... Read More

Aquaventure wins ‘Best Recreation Facilities’ award at Middle East Hotel Awards

10 Jun 2015

Dubai, United Arab Emirates, 10 June 2015: The Middle East Hotel Awards, the prestigious event that seeks to identify, highlight and reward excellence across the region’s hotel industry, have recognised Atlantis, The Palm’s Aquaventure in the ‘Best Recreation Facilities’ category, reinforcing its status as a must-visit international destination.

Aquaventure, the ideal family attraction, is the largest and most excitement-packed water-themed experience attraction in Dubai and the No. 1... Read More

The Dubai Mall marks the Holy Month of Ramadan  with elegant Arabian décor, charity initiatives

The Dubai Mall marks the Holy Month of Ramadan with elegant Arabian décor, charity initiatives

10 Jun 2015

Mark the spirt of the Holy Month of Ramadan at The Dubai Mall, one of the world’s most visited entertainment and leisure destinations.

Experience the joy of giving and enjoy the traditional Arabesque décor inspired by the region’s heritage, this spiritual season.

The Dubai Mall will be hosting Afghan master weavers at The Souk Atrium, in support to an initiative by Her Highness Fatema Bint Mohammed Bin Zayed. The weavers will spin wool and... Read More

Creating value a key aim of Dubai Expo 2020: Shaikh Ahmed

10 Jun 2015

10 June 2015

The full interview with Shaikh Ahmed appears in “The Report: Dubai 2015”, OBG’s latest report on the emirate’s economy.

Dubai — Implementing a strong legacy strategy that will benefit both participants and the local economy is a key component of Dubai’s Expo 2020 preparations, said Shaikh Ahmed bin Saeed Al Maktoum, Chairman of the event’s Preparatory Higher Committee.

Shaikh Ahmed told global publishing, research and consultancy firm Oxford Business Group... Read More

Dubai Airports wins at Transform Awards Mena 2015

09 Jun 2015

Award category recognises an organisation’s approach in engaging all of its employees

June 8, 2015

WAM

DUBAI: Dubai Airports has won the Gold Award for Best Internal Communications During a Brand Development Programme’ at the Transform Awards, Middle East and North Africa, at a ceremony held in Dubai recently.

The award category recognises an organisation’s approach in engaging all of its employees, especially in communicating a change in its positioning or brand... Read More

UAE a hub for leisure and entertainment

09 Jun 2015

Leisure and entertainment market potential is expected to reach 45m visitors by 2021

June 8, 2015

Dubai: The UAE’s leisure and entertainment market potential is expected to nearly double to 45 million visitors by 2021, according to a new report by international audit firm PwC.

Most of the visitors (30 million) are likely to be international tourists, while residents, their relatives and friends will account for 15 million. Also, by 2021, the country’s theme parks are... Read More

Hilton signs two new Dubai hotels

09 Jun 2015

Both mid-market hotels set to open in early 2019

June 8, 2015

Dubai: Hilton Worldwide, a US-based hotel chain, and wasl hospitality and leisure have signed agreements to open two new mid-market hotels in Dubai, according to a statement on Monday.

The Hampton by Hilton Dubai Al Mina and Hilton Garden Inn Bur Dubai will feature 206 and 292 rooms respectively. Both properties are expected to open by early 2019.

Also in Dubai, Hilton Garden Inn hotels in Al Mina and... Read More

Mohebi Logistics to open Dh550m facility at Dubai World Central

09 Jun 2015

Reinforces DWC’s commitment to become a global, multimodal logistics hub

June 8, 2015

Dubai: Dubai-based Mohebi Logistics, one of the largest vertically-integrated supply chain management companies in the Middle East, has broken ground on its dynamic new facility at Dubai World Central (DWC).

Building on its successful and sustained track record in FMCG logistics through local know-how, strong market reputation and extensive network, the family-owned Emirati business is... Read More

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