Business and Economy
DAFZA contributes 12% to Dubai’s foreign trade in first half of 2019
16 Oct 2019
(WAM) Dubai Airport Freezone Authority, DAFZA, has further established itself as a global facilitator for business growth and prosperity and a vital engine for Dubai's economy following the announcement of its half year results for 2019.
DAFZA's contribution to Dubai's foreign trade reached 12 percent in the first half of the year, confirming the success of its plans to enhance its role in Dubai and to establish its presence amongst the free zones as one of the most developed,... Read More
Russia keen on filling UAE’s food import demand, say experts
13 Oct 2019
(WAM) -- Russia is looking to increase its agricultural exports to the UAE, in a bid to take advantage of the UAE’s highly receptive and rapidly growing market for food products, say Emirati and Russian trade officials.
Over the past few years, Russia has made several steps towards enhancing its business presence in the UAE in this sector and others with the opening of a Trade Representative office at the Russian Embassy in Abu Dhabi in 2017, and the inauguration of the Russian Food... Read More
DMCC, Dubai FDI to promote UAE-China trade ties
08 Oct 2019
(WAM) -- DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, partnered with Dubai FDI to host a forum today under the theme, 'Advancing the Dubai-China Relationship Through Trade', as part of the fifth edition of the Dubai Investment Week 2019.
The week was held under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council.
Taking place at the... Read More
Dubai Land Department organises real estate developer gathering in preparation for MIPIM France 2020
06 Oct 2019
Dubai Land Department (DLD), organised a gathering of real estate developers, in collaboration with Reed MIDEM SAS, to participate in the 31st edition of MIPIM France on 10 – 13 March 2020 under the theme ‘The Future is MIPIM.’ The meetup was held under the theme ‘Dubai at MIPIM,’ and encourages real estate developers to join Dubai’s delegation at the world-renowned real estate exhibition under the umbrella of DLD to represent the Emirate and provide a bright picture of its real estate... Read More
10,000 UAE merchant terminals to accept UnionPay QR Code Payment Service
03 Oct 2019
Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has signed an agreement with UnionPay International on the acceptance of QR code-based payment services.
The agreement signed by Han Wang, General Manager of UnionPay International Middle East, and Samer Soliman, Managing Director – Middle East, Network International, in the presence of SHAO Fujun, Chairman of China UnionPay, and Simon Haslam, Group CEO of Network... Read More
Sobha Realty Posts Record Sales of AED500 million for Q1 2019
07 Apr 2019
Dubai-UAE: Sobha Realty, the leading premium real estate developer, registered a record AED500 million in sales bookings for Q1 2019.
Highlighting the strong investor interest in Sobha Realty’s residential launches, the company’s sales from January to March 2019 are 33 per cent over the target of AED375 million per quarter.
Last year, Sobha Realty announced its intention of generating up to AED1.5 billion (US$408.4 million) in turnover in 2019,... Read More
Two-Day Event in Dubai Celebrating 50 Years of Azimut Yachts
07 Mar 2019
Dubai hosted the events organised to celebrate the 50th anniversary of Azimut Yachts, a two-day celebration dedicated to Italian taste and style, organized for Azimut Yachts Owners in the Gulf region.
The presence of the brand in Dubai continued at the 27th edition of the Dubai International Boat Show, where some of the most representative models were on show, including Azimut Grande 25 Metri and Azimut S7, an absolute première for the Middle East.
The Bulgari Yacht Club &... Read More
Gulf Craft reveals its strategic vision with six global premieres
27 Feb 2019
Dubai – Gulf Craft, the Emirates pioneer builder of luxury yachts and leisure boats arrives at the 27th edition of the Dubai International Boat Show with a fleet of 12 vessels.
The triple-deck Majesty 140, the biggest superyacht in Gulf Craft's collection for this year's show is a masterpiece that will capture all the attention. The award-winning Majesty 100, famed for her sky-lounge deck, will also be on display along with the owner-managed Majesty 62.
... Read More
Mohammed Bin Rashid Al Maktoum City, District One Celebrates the Chinese New Year in Style
11 Feb 2019
The 45 million sq. ft. master plan development, and a part of the master development Meydan - Mohammed Bin Rashid Al Maktoum City, District One celebrated the Chinese New Year in style in District One Sales Centre. This was attended by Senior Management of Meydan Group, dignitaries and Senior Management of Mohammed Bin Rashid Al Maktoum City, District One, media representatives, Chinese customers and brokers, and other prominent guests in an event full of entertainment and activities.
... Read More
Invest in your sleeping products this DSF
26 Dec 2018
King Koil, one of the leading mattress brands in the region, presents incredible savings of 45% discount across its range of premium sleeping products during the 2019 Dubai Shopping Festival, happening from 26 December 2018 to 2 February 2019.
Engineered to provide the soundest of sleep for a refreshed and rejuvenated body and mind, King Koil’s sleeping solutions use natural and high-quality materials combined with innovative technologies to enhance a healthy sleep.
During DSF... Read More
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