Business
Dubai Festival City undergoing a Dh1.2b transformation
12 May 2015
First phase will see unveiling of new-look Festival Square with 25 new outlets
Dubai: The Dubai Festival City Mall is undergoing a Dh1.2 billion transformation that will make further use of its prime Dubai Creek side location and raise the mall’s retail and entertainment offerings. The multiphase expansion, expected to be complete by the second quarter of next year, will raise the gross leasable area to 2.4 million square feet (from 2.1 million square feet), add another ‘full-line... Read More
DIFC signs MoU with National Bank of Kazakhstan to collaborate on areas of knowledge-sharing and experience in developing a financial centre
12 May 2015
Governor of the National Bank of Kazakhstan, Kairat Kelimbetov leads high ranking delegation to DIFC
NBK discusses cooperation on development of the Astana Financial Centre
DUBAI, UAE May 10, 2015: National Bank of Kazakhstan (NBK) is set to collaborate with Dubai International Financial Centre (DIFC) to explore mutually beneficial investment initiatives as part of a memorandum of understanding (MoU) signed between the two parties.
Under the MoU, DIFC and NBK... Read More
New innovations shaping global aviation industry
12 May 2015
Experts shed light on new technologies
Microsoft HoloLens and Amazon Echo Smart VPA will create big impact in the travel world
Facebook payment and ticket sales through Twitter might be a reality soon
Dubai, May 11, 2015: Aviation industry experts utilized the 15th edition of Airport Show in Dubai to provide amazing insights into the new technologies that are set to bring about sweeping changes in the global aviation industry soon.
Speaking at the... Read More
Freezones vital for attracting FDI
12 May 2015
The World Free Zones Organisation (WFZO) has announced the official opening of its inaugural annual conference and exhibition, which focuses on the theme ‘Towards a New Global Trade Order’.
Dubai — The World Free Zones Organisation (WFZO) has announced the official opening of its inaugural annual conference and exhibition, which focuses on the theme ‘Towards a New Global Trade Order’.
Held under the patronage of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President... Read More
Jumeirah Golf Estates launches mid-market apartments, townhouses
12 May 2015
The host venue to the European Tour’s DP World Tour Championship, JGE features premium villas and mansions set around the Earth and Fire golf courses.
Dubai — Developers in Dubai are continuing to switch gears to affordable housing. The latest firm to jump on the affordability bandwagon is Jumeirah Golf Estates (JGE), which has launched AlAndalus, a collection of mid-market townhouses, apartments and a community centre.
The host venue to the European Tour’s DP World Tour... Read More
Dubai pioneer in implementing free zone model
12 May 2015
Free zones contribute to the opening of new investment prospects to diversify the sources of domestic income, increase job opportunities for future generations, and therefore contribute effectively to development of the economies.
Dubai — Shaikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority (DCAA), chairman of Dubai Airports and chairman and chief executive of Emirates airline and Group, on Monday visited the first conference and exhibition of the World... Read More
Arab Media Forum 2015 kicks off in Dubai
12 May 2015
Dubai: The 14th edition of the Arab Media Forum (AMF), kicked off on May 12-13 at Madinat Jumeirah, Dubai, under the theme ‘New perspectives’.
The event is being held under the patronage of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
Expected to attract local, Arab and international media elites, journalists, intellectuals and academia, this year’s event will include diversified discussion panels and... Read More
Fujairah Mall Presents Brand New Retail Opportunities In Growing Emirate
12 May 2015
Major retail groups signed up at mixed-use development Owned by HH Sheikh Mohammed Bin Khalifa Bin Zayed Al Nahyan
Fujairah’s ambitions to become one of the UAE’s major retail and tourism hubs are set to receive a huge boost when the emirate’s biggest shopping and leisure venue opens in September 2015.
Fujairah Mall, over 35,000-square-metres of retail space spread over two floors, is destined to transform the emirate’s retail sector, providing fresh opportunities for brands... Read More
Emirates Group makes Dh5.5 billion in 2014-2015 financial year
11 May 2015
Emirates Group post its second most profitable year in its 30-year history
Dubai: Emirates Group reported on Thursday its second highest profit ever of Dh5.5 billion ($1.5 billion) for its financial year that ended March 31, 2015, 34 per cent more than the Dh4.1 billion it reported a year ago. Revenue was a whopping Dh96.5 billion, 10 per cent more than the Dh87.5 billion from a year ago, Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and Chief... Read More
Google Street view of Sharjah launched
11 May 2015
Street View Car will begin capturing panoramic images of streets, neighbourhoods and landmarks in Sharjah
Sharjah: Google Maps users will soon be able to virtually explore Sharjah, navigate its streets, and neighbourhoods through panoramic street-level images, as Google and the Sharjah Urban Planning Council announced on Saturday the launch of Street View in Sharjah, making it the second Arab city to have the feature in the region.
Street View was launched in May 2007 and is... Read More
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