His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance today opened the 12th Dubai International Arabian Horse Championship and the 11th Dubai International Horse Fair, which are taking place at Dubai World Trade Centre (DWTC) until 21 March 2015.
“We thank His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai and His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and... Read More
While investment levels on existing hotels in the Europe, Middle East and Africa (EMEA) will remain strong in 2015, the figure masks a large disparity across countries. EMEA will continue its stride with more than $24 billion (Dh88 billion) in hotel trades.
However, the bulk of the volume will be driven by large single-asset transactions, led by London and Paris, while portfolio deals are anticipated in the UK and Germany.
The Middle East is expected to remain a source of... Read More
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received Vagit Alekperov, President of the Russian oil company Lukoil.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received Vagit Alekperov, President of the Russian oil company Lukoil, which takes Dubai as a base for its overseas operations. During the meeting, also attended by Sheikh Maktoum... Read More
Hundreds of classic cars and motorbikes from as early as 1920, and defined by unmatched elegance and continued functionality, will take centrestage at the seventh edition of the Emirates Classic Car Festival organised by Emaar Properties and the Automobile and Touring Club of the UAE (ATCUAE), the official representative of the 'Fédération Internationale des Véhicules Anciens (FIVA), the world-wide authority for historic vehicles. The event will take place in Downtown Dubai from March 19 to... Read More
LUKOIL’s Balance Commission reviewed the 2014 operating results of LUKOIL Overseas.
Hydrocarbon production set a new record for the history of LUKOIL Overseas, totaling 112 million barrels of oil equivalent (boe). A total of 9.6 million tonnes of oil (2.4 times the level of 2013; the increase was due to the start-up of the West Qurna-2 field in Iraq) and 6.8 billion cubic meters (bcm) of gas were produced. This boosted the share of LUKOIL Overseas in LUKOIL's total oil production from... Read More
Emaar’s world-class ‘Dubai Trolley’ arrives to Downtown Dubai and is set to roll out soon
World’s first hydrogen powered street trolley tram and the region’s first hop-on hop-off electric-powered transit system being assembled on site
First phase will cover 1 km with three stations offering easy access to The Address Downtown Dubai, Vida Downtown Dubai and Manzil Downtown Dubai hotels
Dubai Trolley will add to the convenience of visitors and residents to the world’s most... Read More
DTCM and Emirates Airline Awarded ‘2014 EMEA Most Innovative Campaign of the Year’ by Expedia
DTCM used this year’s ITB in Berlin to establish future trade and digital content partnerships with industry-leading online travel agents (OTAs), booking engines and opinion formers. With discussions focusing on developing partnerships with owners of both offline and digital channels that impact potential tourists’ perception of a destination and influence the consideration... Read More
6 in 10 companies in UAE expect more jobs in next 6 months
Although oil-dependent economies are expected to feel some effects of declining fuel prices, more vacancies await jobseekers in the UAE and the rest of the Middle East in 2015, with about six in ten employers (63 per cent) expecting more job openings in the next six months.
In NaukriGulf’s Hiring Outlook Survey 2015, which polled 355 companies and recruitment agencies in the region, both employers and headhunters agree... Read More
Abu Dhabi International to to face capacity constraints seven months before new terminal opens in mid-2017
Abu Dhabi International is likely to reach capacity by the end of 2016, seven months before a new 40 million annual passenger capacity terminal opens, the Chairman of Abu Dhabi Airports, Ali Majed Al Mansouri, said on Sunday.
The airport, home to Etihad Airways, expects to handle 27 million passengers in 2016, which Al Mansouri said, will put a strain on the infrastructure... Read More
Kidman features in new advertisement on Airbus A380
Etihad Airways announced on Saturday a new brand campaign featuring Hollywood actress Nicole Kidman, aiming to increase awareness on the brand globally.
At a press conference held in Abu Dhabi and attended by the actress, Etihad said the new advertisement, which was shot on Etihad’s Airbus A380 and other locations, is set to be shown in over 130 countries around the world.
Still versions of the campaign will also be... Read More