Patek Philippe introduces a brand new collection named Cubitus
AHS Properties marks a milestone with an AED 130mln sale of its “Searenity” Villa on Palm Jumeirah
The Milestone 10th edition of Dubai Design Week is now open
"The 1001 Seasons of Elie Saab" event dazzles Riyadh Season with Glamour
DAMAC Properties unveils DAMAC Islands, inspired by most desirable global island destinations
UAE News
Dubai’s ICD Acquires Stakes In Three Hotels
12 Apr 2015
Investment Corporation of Dubai, the investment vehicle of the Dubai government, has acquired stakes in three global hotel brands, a statement said.
The fund’s latest acquisitions include the W Hotel in Washington D.C., a majority stake in the Mandarin Oriental in New York and a minority stake in the One&Only in Cape Town, South Africa.
The value of the deals was not disclosed.
The transactions strengthen the hospitality portfolio of ICD, which also has holdings in... Read More
WETEX 2015 to showcase water, energy technologies
12 Apr 2015
Event brings under its umbrella the Arab Oil and Gas Show
Dubai: The Water, Energy, Technology, and Environment Exhibition (WETEX 2015), which is organised by Dubai Electricity and Water Authority (DEWA) will showcase the latest technologies and solutions in water, energy, environment sustainability, oil and gas, and other related sectors, from April 21-23 at the Dubai International Convention and Exhibition Centre.
“WETEX has established itself among leading global... Read More
Mohammad approves Dubai Metro expansion to cover Expo 2020 site
12 Apr 2015
Route 2020 will span 14.5km, include seven stations
Dubai: Dubai Metro will be extended for 14.5 kilometres, branching out from Nakheel Harbour and Tower station to the Expo 2020 site near Al Maktoum International Airport, the Roads and Transport Authority has announced. The much anticipated extension of Dubai Metro’s Red Line has been approved by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and has been termed ‘... Read More
Abu Dhabi’s new cruise terminal to open this year
11 Apr 2015
Abu Dhabi's new cruise terminal is set to become operational by the end of the year.
The terminal will be capable of handling 2,500 passengers and three ships simultaneously.
"Work is progressing in full swing and we are aiming for an end-of-2015 finish to coincide with home porting plans of Royal Caribbean to base one of its Celebrity Cruise vessels at Zayed Port for the 2016-17 season,” said Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports Company (ADPC).
... Read More
Abu Dhabi Ocean Racing win epic Leg 5
11 Apr 2015
The Itajaí In-Port Race is scheduled for April 18 with the start of Leg 6 to Newport, USA on April 19.
Abu Dhabi — Abu Dhabi Ocean Racing (ADOR) — the emirate’s entry in the Volvo Ocean Race (VOR) — has established a seven point advantage at the top of the overall standings after winning the marquee fifth leg in the epic, round-the-world race, from New Zealand to Brazil, a Press release said.
The Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi)-backed crew, skippered... Read More
Sun shines bright on UAE tourism
11 Apr 2015
The UAE tourism industry will continue to expand in 2015, with 7.6 per cent year-on-year growth in tourist arrivals and 9.3 per cent increase in tourism receipts, according to a report by Business Monitor International (BMI). "The outlook for UAE's tourism sector looks bright. We expect strong growth in tourist arrivals, tourism receipts and hotel industry value,” the report said.
The report predicted that total tourism receipts would cross the US$20 billion mark in 2015. Inbound... Read More
Dubai’s Ruler Endorses Dhs14bn Nakheel Projects
10 Apr 2015
The projects include a 12 million sq ft mixed used development in Deira Islands that will feature a massive mall with a glass dome.
Dubai developer Nakheel is planning to underatke 23 million sq ft of new residential and leisure projects worth Dhs14 billion over the next three years, the company announced on Wednesday.
The projects, including new developments and extensions to existing ones, were showcased to Sheikh Mohammed bin Rashid Al Maktoum, UAE’s VP and PM and Dubai’s... Read More
Russia’s Anastasiya Nifontova the only female rider in Abu Dhabi Desert Challenge
08 Apr 2015
Russia’s Anastasiya Nifontova was surprised to find that she is the only female rider in the Abu Dhabi Desert Challenge.
“I thought there would be other girls in this event but it looks like I am the only one,” Nifontova said.
“It will be new experience on the bike and competing with an all-male field, but it’s the second time riding in the Desert Challenge, so I know what to expect.
“I have been speaking to some of the local guys and they have said the sand is currently... Read More
Russian Round Table - Cultural Event at Synergy University Dubai Campus
08 Apr 2015
Synergy University Dubai Campus hosted a Russian Round Table Cultural Event, organized by the Russian Compatriot Organization in the UAE.
The main theme of the event was “Russian language tutorials: significance of literary traditions, trends and modernity. Among the distinguished guests were H.E. Mr. Alexander Efimov, Ambassador of the Russian Federation in the UAE; H.E. Mr Gocha Buachidze, Consul General of Russia in Dubai and Northern Emirates; Father Alexander of Saint Philip the... Read More
UAE joins $100 billion AIIB
08 Apr 2015
Final number of founding member countries to be confirmed on April 15.
Dubai — The UAE has become a prospective founding member of the $100 billion Asian Infrastructure Investment Bank, or AIIB, an initiative by China in an effort to challenge the World Bank and the Asian Development Bank dominated by the US and Japan.
The UAE joins 34 other prospective founding members of the bank as the US has come out against the AIIB, citing labour and environmental issues as the main... Read More
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