UAE News
UAE tops new car sales growth in Middle East
Sunday, November 15, 2015The UAE topped the world in new car sales growth rates during the first eight months of 2015 15 November 2015 The UAE hosts major automotive dealerships in the world and is also a key market for car sales in addition to being a re-export hub for the Middle East region. This was stated by… Untitled
UAE economic growth to rebound by 2016 despite oil price drop
Sunday, November 15, 2015The UAE economy, the most diversified regionally, has experienced a slowdown this year 15 November 2015 The United Arab Emirates’ economic growth, which has been hit by low oil prices, will be on a positive trajectory by the end of next year – a senior investment official said. Although one of the most diversified in… Untitled
EXPO 2020 Dubai Launched YouthConnect
Sunday, November 15, 2015The first in a series of annual events designed by youth for youth to unlock opportunities Expo 2020 welcomed some of our nation’s brightest young minds at the inaugural ‘YouthConnect’ on Saturday, November 14th 2015 at the Sky Bubble, Meydan – Dubai. The event is the first in a long-standing and wide-ranging series… Untitled
UAE tourist spends grow 10% in first nine months of 2015
Thursday, November 12, 2015Tourist F&B spending sees 30% year-on-year growth, study says 12 November 2015 Overall tourist spends in the UAE increased by 10 per cent in the first three quarters of 2015 compared to the same period last year, according to a new report on consumer spends by Network International. The food and beverage sector witnessed the… Untitled
Dubai expects more Chinese tourists in 2015
Thursday, November 12, 2015Emirate sees growth despite China economic slowdown 12 November 2015 A slowdown in China’s economy is unlikely to lead to a drop in the number of Chinese visitors to Dubai, with the emirate’s tourism authority working to add more flights between the two destinations in 2016. Hoor Al Khaja, manager of overseas promotions at the… Untitled
Etihad in deal to promote Abu Dhabi’s tourism appeal
Thursday, November 12, 2015UAE carrier, TCA and Miral Asset Management to drive growth of inbound, stopover traffic 12 November 2015 Etihad Airways has signed a Memorandum of Understanding (MOU) with the Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), and also with Miral Asset Management (Miral), which oversees the development and management of a range of hospitality,… Untitled
Sheraton resort opens in Sharjah
Thursday, November 12, 2015The 349-room resort further expands the Starwood’s portfolio in the UAE to 25 hotels 12 November 2015 Starwood Hotels & Resorts on Wednesday announced the opening of the Sheraton Sharjah Beach Resort & Spa, its first hotel in Sharjah. The 349-room resort further expands the company’s portfolio in the UAE to 25 hotels. “The entry… Untitled
Reem Mall project unveiled to region’s retailers
Thursday, November 12, 2015They had the opportunity to see the detailed plans for the first time in a public forum 12 November 2015 Reem Mall, the upcoming $1 billion (Dh3.67 billion) entertainment, leisure, dining and shopping destination in the heart of Abu Dhabi, was unveiled to the region’s retailers on Wednesday. At an event held in Dubai, senior… Untitled
Ferrari Store Expands Presence in the UAE
Wednesday, November 11, 2015Ferrari Store, the Italian fashion retailer is aiming to achieve rapid expansion in the UAE. The Ferrari Store is a retail outlet opened by highly regarded Italian car maker, Ferrari. The company announced its expansion in the UAE with newly opened and remodelled outlets, including the new flagship store at The Dubai Mall, which has… Untitled
GCC states to enforce VAT in 2018, says official
Wednesday, November 11, 2015Enforcement of the tax will start next year; unified implementation across region will take another 3 years 11 November Member states of the Gulf Cooperation Council (GCC) are expected to enforce a value-added tax (VAT) by 2018, according to a GCC source. An agreement on this tax will be forwarded to the next summit of… Untitled
