Business

Sheikh Mohammed bin Rashid named Cultural Personality of the Year

16 Apr 2015

Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has been named Cultural Personality of the Year by the trustees of the Sheikh Zayed Book Award.

The award honours people for their contribution to the advancement of Arab culture and encourages work towards tolerance and the promotion of peace. It will be awarded next month.

The trustees said the award highlighted Sheikh Mohammed’s achievements in the field of cultural development.

Dr Ali bin Tamim, secretary... Read More

Ski Dubai to hold naming contest for 'King Penguin chick'

14 Apr 2015

A newborn penguin that opened its eyes on February 17 at Mall of the Emirates’ Ski Dubai – is looking for a name.

Dubai — A newborn penguin that opened its eyes on February 17 at Mall of the Emirates’ Ski Dubai – is looking for a name. 

The new King Penguin chick is currently being looked after inside Ski Dubai’s penguin habitat. The chick is the offspring of proud parents Bubbles and Wall-E, two of Ski Dubai’s King Penguins.

Ski Dubai will be hosting a naming... Read More

Shaikh Khalifa greets Uzbek President

14 Apr 2015

The President, His Highness Shaikh Khalifa bin Zayed Al Nahyan, on Wednesday, sent a congratulatory cable to the President of Uzbekistan, Islam Karimov on his re-election.

Similar cables were sent to President Karimov by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

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Chalhoub Group, Marka And Jumeirah To Open In Dubai Design District

14 Apr 2015

Many global designers including Rami Al Ali, Furne One Amato and Michael Cinco are also establishing their presence in the project.

Major regional, retail and hospitality firms such as Chalhoub Group, Marka and Jumeriah Group have confirmed spaces at the upcoming Dubai Design District (D3), its developer Tecom Investments has said.

Global brands such as Moncler, La Perla, Hugo Boss and Sauce will also be moving their regional headquarters into the development,that is taking... Read More

UAE pavilion at Milan promises visual feast

14 Apr 2015

Visitors to the UAE pavilion at the Milan Expo are in for a visual and cultural treat when the World Fair opens in the Italian city on May 1.  Salem Al Ameri, UAE Expo 2015 commissioner general, told the UAE daily The National yesterday that the pavilion would tell the country's story and how its people rose to the challenges of life with scarce resources.  The director of the UAE Pavilion Project in Milan, Peter Vine, said he felt it was "the most impressive pavilion that the UAE has... Read More

Expo 2020 Dubai marks 2,020 day countdown

12 Apr 2015

2,020 wishes by public for 2020 released to commemorate milestone 

Dubai - Expo 2020 Dubai officially marked the 2,020 day countdown to the opening of the iconic event with the releasing of 2,020 wishes made by the public... Read More

Dubai’s ICD Acquires Stakes In Three Hotels

12 Apr 2015

Investment Corporation of Dubai, the investment vehicle of the Dubai government, has acquired stakes in three global hotel brands, a statement said.

The fund’s latest acquisitions include the W Hotel in Washington D.C., a majority stake in the Mandarin Oriental in New York and a minority stake in the One&Only in Cape Town, South Africa.

The value of the deals was not disclosed.

The transactions strengthen the hospitality portfolio of ICD, which also has holdings in... Read More

WETEX 2015 to showcase water, energy technologies

12 Apr 2015

Event brings under its umbrella the Arab Oil and Gas Show

Dubai: The Water, Energy, Technology, and Environment Exhibition (WETEX 2015), which is organised by Dubai Electricity and Water Authority (DEWA) will showcase the latest technologies and solutions in water, energy, environment sustainability, oil and gas, and other related sectors, from April 21-23 at the Dubai International Convention and Exhibition Centre. 

“WETEX has established itself among leading global... Read More

Mohammad approves Dubai Metro expansion to cover Expo 2020 site

12 Apr 2015

Route 2020 will span 14.5km, include seven stations

Dubai: Dubai Metro will be extended for 14.5 kilometres, branching out from Nakheel Harbour and Tower station to the Expo 2020 site near Al Maktoum International Airport, the Roads and Transport Authority has announced.  The much anticipated extension of Dubai Metro’s Red Line has been approved by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and has been termed ‘... Read More

Abu Dhabi’s new cruise terminal to open this year

11 Apr 2015

Abu Dhabi's new cruise terminal is set to become operational by the end of the year.

The terminal will be capable of handling 2,500 passengers and three ships simultaneously.

"Work is progressing in full swing and we are aiming for an end-of-2015 finish to coincide with home porting plans of Royal Caribbean to base one of its Celebrity Cruise vessels at Zayed Port for the 2016-17 season,” said Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports Company (ADPC).

... Read More

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