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Business and Economy
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
Dollar opens new counter at Dubai International Airport Terminal 1
26 Dec 2018
Dollar, one of the fastest growing car rental companies in the region, has announced the opening of a new branch at Dubai International Airport Terminal 1.
The new counter features seating area for passengers, a new concept introduced to other counters currently found inside Terminal 1. The new concept will provide a relaxing and comfortable atmosphere to a significant number of arriving and departing passengers who are waiting for their rented cars or those... Read More
Six reasons back UAE as the safest country to invest for the next three years
15 Nov 2018
Few weeks ago, The Economist, one of the most respected economic studies sources in the world, posted a YouTube video titled "How to prepare for the next recession", warning that there are more findings indicating that after a decade from that last recession another recession is to come. Such recession would begin at emerging economies due their rampant public debts rather than big developed economies as US in 2008.
Among the most considerable measures that governments usually take to... Read More
Kazakhstan invites foreign investment
20 Sep 2018
About the main perspectives and potential of investment and economic cooperation between the countries, Ilya Urazakov, Head of the Representative Office of the State Investment and Promotion Agency of the Republic of Kazakhstan, "Kazakh Invest", told at the meeting with representatives of the UAE Media.
- "Historically, our countries have very warm and strategic relations. But turnover and investment cooperation could be much higher. According to experts from both... Read More
Being a diplomat is a multifaceted role
20 Sep 2018
Мы живем в меняющемся глобальном мире, в котором Ближний Восток играет заметную роль. Россию с арабским миром, с государствами Ближнего Востока и Северной Африки связывает давняя история дружественных отношений. При этом огромное значение для их развития играют руководители дипломатических миссий – Послы и Генеральные консулы. В этой связи журнал «Авиамост» предлагает вниманию читателей интервью с недавно назначенным Генеральным консулом Российской Федерации в Дубае и северных эмиратах... Read More
DFMC leads the UAE mattress manufacturing industry with 60% market share
19 Sep 2018
Dubai Furniture Manufacturing Company LLC (DFMC), a market leader in premium mattress segment in the Middle East, continues to lead the UAE mattress manufacturing industry, capturing 60% of the market share.
DFMC, part of A.A. Al Moosa Enterprises, manufactures and markets two of the biggest premium mattress brands in the world, King Koil and Serta, which DFMC supplies to leading 5-star hotels across the UAE, KSA, Oman, Bahrain and India.
Sundar Rajan, CEO of Dubai Furniture... Read More
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