Business

Russia, UAE to invest in Egypt economy

28 May 2015

27 May 2015

The fund’s management held a series of meetings with partners in the region, including ministries and agencies of Egypt, Middle Eastern investment funds as well as Russian companies interested in developing business in the Middle East.

Abu Dhabi — The Russian Direct Investment Fund, or RDIF, and investors from the UAE are planning to make investments in Egypt. In a visit to Cairo earlier this week, the RDIF was part of a Russian state delegation headed by Minister... Read More

DMCC Signs an MOU with Dubai Martime City Authority

27 May 2015

27 May 2015, Dubai, UAE: DMCC, one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing Free Zone in the UAE, today signed an Memorandum of Understanding (‘MOU’) with the Dubai Maritime City Authority.

The MOU provides a collaborative framework for DMCC Free Zone and Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The... Read More

June 4 - Art Exhibition Paris Vintage 'Imaginary Extensions' By Didier Naert

27 May 2015

Alliance Française Dubai and ANTIDOTE are proud to present French artist Didier Naert latest artworks with the support of Sofitel Dubai Jumeirah Beach.

Didier Naert, movie set designer and artist, works on a very particular medium, the vintage photographic editions. Using that medium, he explores the potential of these old photographies as it combines the film maker’s eye and the imaginary world. Printed on aluminium or black paper board, Naert draws with gouache around the vintage... Read More

Nakheel's new Dh800m project 'The Pointe' to open in 2016

26 May 2015

Upscale dining and entertainment location is expected to open in the first quarter of 2016

May 26, 2015

Dubai: Completion of The Pointe, a project located on the Palm Jumeirah that could well become Dubai’s priciest waterfront-based dining and entertainment strip, is set for the first quarter of 2016, according to Nakheel, its developer.

Construction has already crossed the 30 per cent mark while on the leasing side, more than 100 outlets out of the 145 available have... Read More

UAE to set up Dhs100m space research centre

26 May 2015

The centre is the first of its kind in the Middle East and will help the UAE send its unmanned mission to Mars in 2021.

The UAE has announced that it will establish a new Dhs100 million space research centre in the country to support its aim of sending the Arab world’s first unmanned mission to Mars.

The centre will be located in Al Ain and is slated to open within the next year, according to reports. It will be the first of its kind in the Middle East.

The announcement came as... Read More

Abu Dhabi eyes golf tourism to increase visitor numbers

26 May 2015

The emirate is establishing a new committee to promote its golf tourism ambitions.

Abu Dhabi has announced plans to further its goal of becoming a global golf tourism hub, and has established a committee and a new portal within its tourism website to promote its offering.

The Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) said it is targeting expanding golf markets in Europe, China, India and the GCC.

The authority has set up an Industry Development Committee (... Read More

InterContinental Dubai Marina opens

26 May 2015

132-room hotel is part of the Bay Central development

May 26, 2015

Dubai: InterContinental Hotels Group (IHG) announced on Monday the opening of InterContinental Dubai Marina.

The 132-room hotel is part of the Bay Central development. It features nine restaurants and meeting rooms, gym facilities and an outdoor swimming pool.

IHG currently has 18 hotels open in the UAE. It has another 10 hotels due to open in the next three to five years, including... Read More

Hilton to open 535-room Dubai World Central hotel

26 May 2015

May 26, 2015

Hilton Worldwide has signed an agreement with the Hospitality Division of the Mohammad Omar Bin Haider Holding Group to open Hilton Dubai World Central (DWC).

The upscale 535-room hotel will be part of the 145km2 development centred on Dubai’s Al Maktoum International Airport and DWC's desire to add 20,000 hotel rooms by 2025.

“With Hilton Worldwide’s multi-brand vision for Dubai and a 50-year legacy of outstanding hospitality in the region, we are delighted... Read More

SCTDA participates in Gulf promotional tour under the umbrella of National Council of Tourism and Antiquities

25 May 2015

Al Midfa: GCC constitutes top market for Sharjah tourism with emirate’s hotels receiving nearly half million guests in 2014

Sharjah, UAE, May 25, 2015: Sharjah Commerce and Tourism Development Authority (SCTDA) concluded its participation in a promotional tour to the Gulf capitals, organised by the National Council of Tourism and Antiquities under the slogan, “#VisitUAE”. The SCTDA’s participation in the tour was aimed at promoting Sharjah’s ambitious tourism plans under the Sharjah... Read More

Media’s role vital in spreading culture of tolerance: UAE

25 May 2015

(Wam) / 22 May 2015

Arab Information Ministers Council approves UAE’s proposal on culture of tolerance and counter-terrorism                

Cairo - A UAE proposal on the role of the media in promoting values of tolerance and combating extremism was approved on Thursday by the 64th meeting of the Arab Information Ministers’ Council, which was held under the Chairmanship of the UAE, at the General Secretariat of the Arab League in Cairo.

Ibrahim Al Abed, Director-... Read More

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