Business

01 Nov 2014

The UAE was also one of the top 10 countries globally which improved its rankings in the ease of doing business list as it introduced around 20 economic reforms over the last year.

The UAE has climbed up to reach the 22nd position in World Bank’s Doing Business 2015 list from the 23rd position last year and has topped the region in terms of the ease of conducting business.

The list,... Read More

29 Oct 2014

The Al Tayer Group will open the region’s first Macy’s and second Bloomingdale’s store at Abu Dhabi’s Al Maryah Central.

It will be the first Macy's department store outside the US. This follows an agreement signed with Gulf Related, the developer of Al Maryah Central located on Al Maryah Island.

The stores are to open in 2018, and each will be spread over four levels. Macy’s will take up 205,000 square feet, while Bloomingdale’s will have 230,000 square feet. The first... Read More

29 Oct 2014

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has launched new projects worth Dhs4.5 billion in Dubai’s technology and media free zones, state news agency WAM reported.

The projects will be built over five years and will include 10 million square feet of space for innovation complexes, technology laboratories and smart buildings, a statement said. Other initiatives in the plan... Read More

27 Oct 2014

UAE capital’s celebration of global cinema kicked off with a home production for the first time on 23rd October 2014.

The Abu Dhabi Film Festival started its eighth edition with a first: It opened with a home production, putting Ali Mustafa’s film From A To B in a slot usually reserved for big-budget Hollywood films.

It is the first Emirati feature to open the festival in its nearly... Read More