Economy and Business

Nakheel launches Rixos Hotel & Residences on Dubai Islands

Nakheel launches Rixos Hotel & Residences on Dubai Islands

Monday, July 31, 2023

Nakheel, the world-leading real estate master developer based in the United Arab Emirates, in partnership with Excelsior Real Estate LLC, has launched Rixos Dubai Islands, Hotel & Residences, a new waterfront development offering a resort lifestyle in a curated and relaxed setting situated in a prime location on Dubai Islands, on the northern coast of… Nakheel launches Rixos Hotel & Residences on Dubai Islands

Nakheel launches Como Residences on Palm Jumeirah

Nakheel launches Como Residences on Palm Jumeirah

Wednesday, May 31, 2023

Nakheel, the world-leading master developer, has launched Como Residences, a new exclusive residential development on Palm Jumeriah. Como Residences will offer unrivalled luxurious living experiences with privacy, exclusivity and extensive premium amenities. The development of Como Residences underlines Nakheel’s commitment to enhance the quality of life for citizens, residents, and visitors of Dubai by providing… Nakheel launches Como Residences on Palm Jumeirah

Dubai Summer Surprises is back with the best shopping deals and dazzling entertainment

Dubai Summer Surprises is back with the best shopping deals and dazzling entertainment

Tuesday, July 5, 2022

Dubai Summer Surprises (DSS) is back with a special silver jubilee edition, taking over the city for the next two months. That means the best shopping deals, dazzling entertainment and some great summer staycations across a variety of Dubai hotels to enjoy.  Residents and tourists can look forward to shopping, saving and seeing… Dubai Summer Surprises is back with the best shopping deals and dazzling entertainment

Arabian Travel Market 2021: UAE’s tourism industry set for impressive recovery

Arabian Travel Market 2021: UAE’s tourism industry set for impressive recovery

Wednesday, May 26, 2021

Arabian Travel Market 2021, the first large scale face-to-face travel industry event since the outbreak of pandemic unlocked business potential within the Middle East for inbound and outbound tourism professionals. Tourism destinations from around the world showcased a diverse range of accommodation options, breathtaking tourism attractions, and travel technology and key airline routes. Also, for… Arabian Travel Market 2021: UAE’s tourism industry set for impressive recovery

Ithra Dubai announces the launch of Plot 3 of the Deira Enrichment Project

Ithra Dubai announces the launch of Plot 3 of the Deira Enrichment Project

Tuesday, September 1, 2020

Dubai, United Arab Emirates (UAE) – September 1st, 2020: Ithra Dubai, wholly owned by the Investment Corporation of Dubai, announces the launch of Plot 3 of Phase 1 of the Deira Enrichment Project (DEP.) Known as “Sherina Plaza,” Plot 3 has entered the close-out and handover phase, leading the way before Plots 1, 2, 11… Ithra Dubai announces the launch of Plot 3 of the Deira Enrichment Project

Dubai-China trade posts 81% growth

Dubai-China trade posts 81% growth

Wednesday, November 13, 2019

Ahmed Mahboob Musabih, Director-General of Dubai Customs, discussed means of boosting cooperation between Dubai and China with representatives of more than 20 Chinese companies headed by the Chinese Consul-General to Dubai, Li Xuhang. The visitors were briefed on the experience of Dubai Customs in developing and sustaining customs systems and the international supply chain. The…

Alibaba’s online retail blitz known as Singles Day has pulled in $24 billion so far, China’s biggest e-commerce company said on Monday.

Alibaba’s online retail blitz known as Singles Day has pulled in $24 billion so far, China’s biggest e-commerce company said on Monday.

Monday, November 11, 2019

The event regularly racks up bigger sales than Black Friday and Cyber Monday combined — and with more than half a day left in the shopping extravaganza, Alibaba (BABA) appears to be on track to surpass last year’s $30 billion haul. During Singles Day pre-sales, which kicked off three weeks ago, Estée Lauder (EL) raked… Alibaba’s online retail blitz known as Singles Day has pulled in $24 billion so far, China’s biggest e-commerce company said on Monday.

Investcorp, China Everbright enhance collaboration for investments in Greater China technology sector

Investcorp, China Everbright enhance collaboration for investments in Greater China technology sector

Thursday, November 7, 2019

Investcorp, the Bahrain-based alternative investment manager, and China Everbright Limited, a Hong Kong-based alternative investment firm, announced today a new milestone in their existing partnership by combining their investment teams investing in the Chinese technology sector. The combined team and investment committee will jointly manage the China Everbright New Economy Fund I. In addition, Investcorp… Investcorp, China Everbright enhance collaboration for investments in Greater China technology sector

Saudi Aramco announces intention to offer IPOs on domestic stock market

Saudi Aramco announces intention to offer IPOs on domestic stock market

Sunday, November 3, 2019

Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, on Sunday announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadawul Stock Exchange. The Government intends to sell a portion of its shares in Saudi Aramco, said a press… Saudi Aramco announces intention to offer IPOs on domestic stock market

Millennium & Copthorne Makkah Al Naseem collaborate SCTH

Millennium & Copthorne Makkah Al Naseem collaborate SCTH

Thursday, October 31, 2019

Aligning with the Saudi Vision 2030 and aspirations to develop leadership skills for employees and young students, SCTH “Saudi Commission for Tourism and National Heritage visited Copthorne & Millennium Makkah Al Naseem on 13th October to activate its initiative “Ektashef ElMehan Fi ElAnshitah ElSeyahyia”, in Arabic “Discover Professions in Tourism”. Aimed at exploring leadership skills… Millennium & Copthorne Makkah Al Naseem collaborate SCTH

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Last Updated: Thursday, October 31, 2019 | 6:08 am | Dubai, United Arab Emirates