Business

Dubai’s Ports, Customs and Free Zone Corporation (PCFC), establishes new company, P&O Ports

30 Mar 2015

Ports, Customs and Free Zone Corporation (PCFC), owned by the Dubai government, announced on Wednesday it has established a new company, P&O Ports, to focus on developing and operating medium-sized, multi-purpose ports around the world.

P&O Ports has signed a Memorandum of Understanding “to enter into preliminary discussions” with the governments of Madagascar, Somaliland and Albania, PCFC chairman Sultan Bin Sulayem said in the statement announcing the new firm.

P&... Read More

BIE Secretary General Says “Pleased” With Dubai’s Expo 2020 Progress

30 Mar 2015

The head of BIE is on an official visit to Dubai to discuss the approaching submission of the Expo 2020 registration document.

The executive, who heads the governing body of World Expos, is on an official visit to Dubai to discuss the approaching submission of the Expo 2020 registration document, the Expo committee said in a statement.

The registration dossier is an official stage for the certification of Dubai as the host city for the World Expo in 2020.

Loscertales was... Read More

Shaikh Hamdan's horse Prince Bishop wins Dubai World Cup 2015

30 Mar 2015

Prince Bishop caused a huge upset at Meydan racecourse on Saturday when he won the $10 million Dubai World Cup ahead of rags-to-riches American challenger California Chrome. 

It was Dubai trainer Saeed bin Suroor’s seventh victory in the world’s richest race, yet few have been as surprising. 

Bin Suroor’s first-choice jockey, James Doyle, chose to ride stable mate African Story, which won the race 12 months ago. 

English jockey William Buick stepped into the breach and... Read More

UAE to have four new millionaires every day

26 Mar 2015

With the local economy surging ahead due to projects undertaken for the prestigious Expo 2020, more than 7,700 new millionaires will be created by 2019, according to a new report.

There were 50,595 millionaires in the UAE by the end of 2014, Emirates 24/7 quoted WealthInsight as saying.

The country is likely to have 58,335 millionaires in five years’ time – an increase of 15 percent over the 2014 statistic, translating into 1,548 new millionaires every year, or 4.2 millionaires... Read More

UAE Moves to Purchase Russian Spacecraft Launch Platform

26 Mar 2015

The United Arab Emirates expressed interest in the purchase of the international spacecraft launch platform "Sea Launch”.

The United Arab Emirates is interested in the acquisition of the international spacecraft launch platform "Sea Launch”.

It is a sea-based launch system that allows launches of commercial freights on specialized Zenit- 3SL rockets.

The UAE expressed its interest in this project. Several meetings were held between the UAE and Russia. But at the moment... Read More

Vasily Mosin of Russia wins gold at the Finals of Double Trap Men in ISSF Shotgun World Cup Series in Al Ain

26 Mar 2015

Vasily Mosin of Russia walked away with the gold medal at the Finals of Double Trap Men during Day 4 March 24, 2015of the ISSF Shotgun World Cup Series in Al Ain taking place in from 21 – 28, March 2015. The silver was won by Marco Innocenti of Italy while the bronze medal went to Davide Gasparini of Italy.   

Following the inaugural ISSF World Cup in Acapulco (MEX), the second ISSF Shotgun World Cup Stage of the season kicked off in Al Ain (UAE), on 20 March 2015.

The... Read More

Sharjah Tourism to take part in Moscow Travel Fair

24 Mar 2015

The Sharjah Commerce and Tourism Development Authority will be attending the Moscow International Travel and Tourism Exhibition, MITT, being held from March 18th to 21st in Moscow. The authority's participation follows its successful participation in the ITB Berlin exhibition and the India roadshow under the National Council for Tourism and Antiquities.

Sharjah will be represented in Moscow by SCTDA, Sharjah Airport Authority, SATA, Sharjah Museums Department, Hilton Sharjah, Sheraton... Read More

Mohammed crowns winners of Dubai Crown Prince Endurance

24 Mar 2015

The event was attended by Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council.

Dubai: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has crowned Shaikh Rashid bin Dalmouk Al Maktoum with the Dubai Crown Prince Endurance Cup.

The event was attended by Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai... Read More

HH Crown Prince Sheikh Hamdan visited Baku, Azerbaijan

24 Mar 2015

HH Crown Prince Fazza - Sheikh Hamdan bin Mohammed bin Rashid, one of HH Sheikh Mohammed bin Rashid al-Maktoum’s 19 children, visited Baku, Azerbaijan along with his uncle Shaikh Saeed Al Maktoum.

The young prince shared İnstagram pictures of his visit to Baku.

The highly educated, Prince Hamdan graduated from the Military Academy Sandhurst, and then later the London School of Economics.

Politics is not his only calling as the young Prince also writes poems in his spare... Read More

Official visit to the United Arab Emirates of delegation of the Kazakhstani judges under the direction of K. Mami

24 Mar 2015

On March 18-22 of the current year official visit to the United Arab Emirates of delegation of the Kazakhstani judges headed by the Chairman of the Supreme Court of the Republic of Kazakhstan Kayrat Mami will hold.

The chairman of the North Kazakhstan regional court M. Aketay, the chairman of appeal judicial board on civil and administrative cases of Astana city court B. Estay and the chairman of board on administrative and civil cases of the Southern Kazakhstan regional court M.... Read More

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