UAE News

Al Mansouri: Building a knowledge-based economy is a top priority

01 Feb 2015

UAE’s total value of trade in information technology products, covered by ITA, stood at Dh29.6 billion in 2013

Abu Dhabi: Building an economy based on knowledge, innovation and creativity, investment in science, technology and research is a top priority of the UAE, and is in line with the federal government’s ambitious Vision 2021 and its strategy for sustainable economic... Read More

Dubai World Central unveils plans for Dh120m aerospace supply chain facilities

01 Feb 2015

Dubai World Central’s (DWC) Aviation District has announced the development of new aerospace supply chain facilities.

Located at the DWC Aviation District, the development will include three facilities spread across an area of 45,000 square meters. Estimated to cost Dh120 million, the project will feature a multi-purpose building for tenants that are a part of the... Read More

Medical tourism insurance soon in Dubai

28 Jan 2015

The medical tourism packages, both in-bound packages for residents and out-bound packages for tourists are available for certain medical services and more services will be added shortly.

Dubai: Medical tourism insurance packages may soon be available for patients travelling to Dubai for medical treatment, said a top health official on Tuesday.

... Read More

Smart Dubai connectivity plans valued at Dh18bn by 2020

28 Jan 2015

The deployment of technologies utilising the so-called Internet of Everything will be worth Dh17.9 billion to Dubai’s economy by 2020, according to a new report from Cisco in conjunction with the government entity Smart Dubai.

Smart Dubai announced yesterday that the opportunities of the Internet of Everything – identified as net... Read More

Dubai aims to add another 20,000 hotel rooms by next year

28 Jan 2015

Dubai expects to add 20,000 rooms by 2016 as part of plans to nearly double its room inventory by 2020, despite a weakening global economy and a slowdown of tourists from countries such as Russia, a leading tourism official said yesterday.

Dubai, which added about 7,000 rooms last year to reach roughly 90,000 rooms, is on track to... Read More

Dubai International Airport: Flying High

28 Jan 2015

A bustling hub for global aviation, Dubai International Airport has not sat idle when it comes to large-scale investments in expansion and upgrades.

January 24, 2015

Following a humble opening in 1960 with a 1,800-metre airstrip and a small terminal building, Dubai International Airport has grown steadily over the last few decades in line with the emirate... Read More

Safety top priority for air travel

27 Jan 2015

DUBAI: Industry-leading aviation experts speaking at the 3rd World Aviation Safety Summit this year will discuss the measures regional players are taking to minimize accidents due to ground damage, the primary cause of aviation accidents in the Middle East.

The summit’s advisory board of the top UAE and international aviation safety leaders has stressed... Read More

Economic outlook for UAE positive

27 Jan 2015

Analysts at Markaz maintain neutral prospects for other GCC economies

Dubai — Key UAE economic and financial indicators, including real estate prices, Purchasing Managers Index (PMI), Credit Default Swap (CDS) spreads, airport arrivals and hotel occupancy, all point to further acceleration of economic growth regardless of long-term pessimistic regional... Read More

UAE consumers 4th most upbeat in the world

27 Jan 2015

UAE consumer confidence ranked fourth in the world and first in the region in the fourth quarter 2014

UAE residents are more willing to open their wallets this year than most of the world, with the country’s consumer confidence score edging up two index points in the last quarter, a report released on Monday suggests.

According to the... Read More

Milestone for Abu Dhabi airport

27 Jan 2015

Airport’s three terminals welcome record 20 million passengers in 2014

Dubai — Abu Dhabi International Airport hit a milestone in 2014 as the airport’s three terminals welcomed more than 20 million passengers last year, registering a 20 per cent year-on- year increase. It is the highest-ever percentage growth in the airport’s history since 2006.

The... Read More