DUBAI / WAM Dubai Statistics Center (DSC) revealed that Dubai’s real gross domestic product (GDP) reached AED 389 billion in 2017 compared to AED 379 billion in 2016. According to DSC, the growth was fuelled by the performance of strategic sectors that accounted for 72.2% of total growth in 2017. The transportation and storage sector was the biggest contributor to ...

DUBAI / WAM Trade between Jebel Ali Freezone (Jafza) and India reached over $3.4 billion in 2017. Latest figures from Jafza show that over 788 Indian companies are trading from the freezone, serving key markets in the region and building on historical ties that date back to 1985 when it first opened. DP World has extensive business interests in India, ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) organised a workshop to review its strategy for 2021. The workshop, which was held under the theme ‘Zayed’s Legacy for a Sustainable Future’ was attended by Saeed Mohammed Al Tayer, MD & CEO of Dewa, Executive Vice Presidents, Vice Presidents, Dewa’s experts, and staff. Al Tayer noted that Dewa organises the ...

Dubai / Emirates Business The total value of the 1,156 hospitality and tourism projects in the GCC region has exceeded $147 billion (AED539 billion) in March 2018, according to BNC Network, the largest project intelligence provider in the Mena region. Among the 1,156 hospitality projects, 724 projects worth $78 billion (AED 286 billion) are hotel projects while 140 projects worth ...

ABU DHABI / WAM Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure in the emirate of Abu Dhabi, has announced that the Market Surveillance Division has become an accredited international inspection body in accordance with the requirements of ISO/IEC 17020-2012. The certification were awarded after a certified team from the Emirates International Accreditation Center ...

Dubai / Emirates Business Travel trade professionals from across the world’s hospitality industry will descend upon Dubai on Sunday for the opening of Arabian Travel Market (ATM) 2018, the region’s leading travel industry showcase. Celebrating its 25th year, ATM 2018, which takes place at Dubai World Trade Centre (DWTC), will showcase the largest exhibition of regional and global hotel brands ...

DUBAI / WAM Three new bridges as part of the Dubai Airport Street Improvement Project will be opened on Airport Street on April 27, Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), said. By opening these bridges, RTA completes the opening of all bridges on the Airport Street, which considerably ...

Dubai / WAM The Dubai Electricity and Water Authority (DEWA), celebrates Earth Day every year and this year, the event is organised by the Earth Day Network under the theme ‘End Plastic Pollution,’ said Saeed Mohammed Al Tayer, MD and CEO of DEWA. “Earth Day raises awareness on conservation among all members of society. This will preserve the planet and ...

Ras Al Khaimah / Emirates Business Saudi German Hospital (SGH) has signed an agreement with Al Marjan Island in Ras Al Khaimah to establish a 100-bed specialty hospital that will offer a diverse portfolio of healthcare services including medical, rehabilitation and cosmetic services. The hospital will serve the residents and visitors to Al Marjan Island as well as the wider ...

Abu Dhabi / Emirates Business Lulu Group conducted British Festival named as “Beautiful Britain”. The event was inaugurated by HE Philip Parham, Her Majesty’s Ambassador to the UAE at Lulu Hypermarket, Khalidiyah Mall, Abu Dhabi along with Lulu Group Abu Dhabi region top officials. “Beautiful Britain” festival will be conducted until April 28 across all UAE Lulu Stores. Truly British ...