Business

Astrakhan team visits Saif Zone to boost investment

11 Feb 2015

The delegation led by Sergey N. Krzhanovskiy, deputy chairman of the government and Minister of Industry, Transport and Natural Resources of Astrakhan region, met Saud Salim Al Mazrouei, director of Sharjah Airport International Free Zone

Sharjah — A high-level delegation from Astrakhan region of Russia visited Sharjah Airport International Free Zone (Saif Zone) with a mission to promote trade and investment mission.

The delegation led by Sergey N. Krzhanovskiy, deputy chairman... Read More

Dubai to boost ties with 3,000 UAE-based Russian businesses

11 Feb 2015

The Dubai-Russia trade in the first nine months of 2014 amounted to Dh7 billion, while in 2013, it scored Dh11 billion.

Dubai — As part of Irtibat, an initiative launched by Dubai Customs to nurture closer ties with foreign business communities based in the emirate, Dubai Customs received a delegation from the Russian Federation and Russian Business Council in Dubai.

The delegation also comprised representatives from Russian businesses based in Dubai.

Ahmed Mahboob... Read More

UAE-Russia-space-cooperation-reaching-new-heights

UAE, Russia space cooperation reaching new heights

11 Feb 2015

ABU DHABI // Russia and the UAE are taking space technology cooperation to new heights, according to the Russian ambassador.

The country is now one of the UAE’s major partners in this field, primarily regarding the delivery of Emirati satellites to space.

“The establishment of the UAE Space Agency and the announcement of some ambitious projects like the Mars probe in 2021 for sure will contribute to bringing the cooperation in this field to a new height,” Alexander Efimov, the... Read More

Jumeirah Signs First Venu Hotel For Meraas’ Bluewaters Island Project

07 Feb 2015

The hotel will have close to 300 rooms and is slated for completion in 2017.

Dubai-based hotel operator Jumeirah announced that it has signed the first deal for its new hotel brand, Venu, with developer Meraas Holding for its upcoming Dhs6 billion Bluewaters Island project in Dubai.

Jumeirah will operate the Venu Bluewaters Island Hotel and adjoining serviced... Read More

Dh5m underwater villas on Dubai’s The World islands

07 Feb 2015

First they built artificial islands off the coast of Dubai. Now the next stage is homes that will be partially submerged.

A developer is to build villas that have two floors above water level and one beneath on a cluster of six islands on The World islands project, known as the Heart of Europe.

Invitations for Saturday’s private launch have been sent out to... Read More

Middle East carriers post strongest annual passenger traffic growth in 2014

07 Feb 2015

Region’s capacity rose 11.9 per cent and load factor climbed to 78.1 per cent

February 6, 2015

Dubai: The International Air Transport Association (IATA) announced on Friday that the Middle East carriers had the strongest annual passenger traffic growth of13 per cent in 2014.

“The region’s economies continue to show robust growth in non-oil sectors, and are... Read More

Strong demand, new products boost UAE business confidence

07 Feb 2015

Thriving non-oil private sector coasts over impact of declining crude prices

February 3, 2015

The UAE’s Purchasing Manager’s Index (PMI) for January showed strong improvement in business, indicating that the non-oil private sector continued to grow despite sharp decline in oil prices.

The UAE’s PMI is a composite indicator of non-oil economy based on data... Read More

Etihad launches 787 into operation

04 Feb 2015

The Boeing 787 is the most technologically advanced aircraft in its class.

Abu Dhabi — Etihad Airways has inducted its first Boeing 787 Dreamliner into its fleet. Etihad Airways is one of the world’s biggest 787 customers with over 70 airplanes on order, including a mix of 787-9s and 787-10s.

The carrier will place the aircraft on key medium and long-haul routes such as Washington DC... Read More

Second edition of Dubai Tour takes off - February 4 -7

04 Feb 2015

Starts from the Dubai International Marine Club and ends in front of Burj Khalifa Sprint star Mark Cavendish and Tour de France champion Vincenzo Nibali lead a high-calibre field for a Dubai Tour shorn of the scintillating skills of Marcel Kittel and Taylor Phinney this week.

 The Race

The inaugural Dubai tour took place in 2014, and has established itself on the... Read More

New projects to revive the charm of old Dubai’s historic sites

04 Feb 2015

More abra services between both sides of Dubai Creek, well-ventilated pedestrian ways inside the historical district and an art tour linking art galleries are also in the works.

Dubai: Old Dubai will return to its glory in three years, with a major renovation project for the Historical District getting clearance on Tuesday. His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-... Read More

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