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TYREPLUS: Fast spreading wings across GCC

ALKESH SHARMA / EMIRATES BUSINESS Global retail brand TYREPLUS has become the largest car maintenance network worldwide. With its outlets spread all across the Emirates in Dubai, Abu Dhabi, Fujairah, Al Ain and Ras Al Khaimah (RAK), TYREPLUS has earned an image of a trustworthy car repair close to you. Established in 2002, and specialises primarily in Michelin and BF ...

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Europe’s heart left bleeding

Brussels / AFP A series of explosions ripped through Brussels airport and a metro train on Tuesday, killing around 35 people and injuring more than 200 in the latest attacks to rock Europe. Security was tightened across the jittery continent and transport links paralysed after the bombings that Belgian Prime Minister Charles Michel branded “blind, violent and cowardly”. “This is ...

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Mohamed orders 2,048 houses, 4,495 plots for citizens in Abu Dhabi

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Tuesday ordered 2,048 houses and 4,495 for citizens in the emirate of Abu Dhabi, following directives from President His Highness Sheikh Khalifa bin Zayed Al Nahyan. These include 1,463 housing units in Abu ...

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Abu Dhabi’s non-oil GDP growth rate increases 7.1 percent in Q3

ABU DHABI / WAM By the end of Q3 of 2015, Abu Dhabi’s GDP (with fixed prices) was about AED200 billion, with a growth rate of 5.5%, compared to the same period during 2014, according to the latest estimates from the Abu Dhabi Statistics Centre. Through the outstanding performance of its activities, the non-oil sector contributed to strengthening Abu Dhabi’s ...

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ADNOC to host MPGC 2016

ABU DHABI / WAM Abu Dhabi National Oil Company (ADNOC) will host the 24th Annual Middle East Petroleum and Gas Conference (MPGC 2016) in Abu Dhabi, UAE from April 24-26, 2016. In a company statement, ADNOC said preparations are rapidly gathering steam with ministers, super major CEOs, oil companies’ senior management from ADNOC and its Group of Companies, and other ...

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Wholesale, retail compose 11% of GDP

ABU DHABI / WAM Wholesale and retail trade in the UAE is an important sector, constituting more than 11 percent of the gross domestic product(GDP) of the country and nearly 30 percent of the GDP of the Emirate of Dubai. Hamad Buamim, President and CEO, Dubai Chamber, in a statement to Emirates News Agency, WAM, announced that Dubai will host ...

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Smartphones hit MEA’s tablet industry hard

ALKESH SHARMA EMIRATES BUSINESS Smartphone boom seems taking a heavy toll on the traditional slate tablets in the region. This boom is facilitated by affordable smart handsets, priced as low as US$80, and dual-SIM devices. A recent research revealed that tablet shipment in the Middle East and Africa (MEA) region has dipped by 3.1 percent year-on-year in 2015. Total shipment ...

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Mohammed issues decree

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, in his capacity as Ruler of Dubai, issued Decree No. 03 of 2016 appointing Majid Saif Al Ghurair as member of the Board of the Dubai Islamic Economy Development Centre, which was formed under Decree No. 42 of 2013.

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Dubai retail trade to hit AED160bn

DUBAI / WAM Wholesale and retail trade in the UAE is an important sector, constituting more than 11 percent of the gross domestic product (GDP) of the country and nearly 30 percent of the GDP of the Emirate of Dubai. Hamad Buamim, President and CEO, Dubai Chamber, in a statement to Emirates News Agency (WAM) announced that Dubai will host ...

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