Sunaina Rana / Emirates Business Technological advances have given a boost to the digital signage industry in the Emirates, with the sector expected to reach $23.02 billion by 2023, according to a report by Global Market Insights Inc. “Digital World Computer Design LLC has been contributing to the Digital Printing industry for the last 10 years in Dubai. The …
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Jumeirah Golf Estates awards Alandalus contract
Dubai / Emirates Business Jumeirah Golf Estates, home to the DP World Tour Championship, has awarded the contract for the construction of its affordable luxury community of townhouses and apartments, Alandalus, to Sumer Contracting Company LLC. As one of the Middle East’s leading residential golf communities, Alandalus is Jumeirah Golf Estates’ latest development – a collection of 674 affordable luxury …
Read More »Al Ghurair dining district to house world-class cafés
Dubai / Emirates Business Al Ghurair Centre (AGC) has announced the latest addition to its much-awaited Dining District opening, where world-renowned Dumpling House DinTaiFung will open its first flagship store in Dubai, in addition to Yakitate sidebar and the well-known Iraqi restaurant Bestoon Samad. AGC’s new dining district will offer world class dining restaurants and cafes to its growing …
Read More »Abu Dhabi Summer Season 2016 gears up to spread fun
Abu Dhabi / Emirates Business This summer, fun- and adventure-seekers definitely need to have Abu Dhabi on their list. With an action-packed line up filled with events that cater to the whole family, Abu Dhabi Summer Season 2016 is the best way to beat the heat and spread the fun across summer vacation days in the emirate. BECAUSE DINOSAURS …
Read More »UAE seeks to enhance ties with German business community
DUBAI /Â WAM Mohammed Ahmed bin Abdul Aziz Al Shehhi, Under-Secretary of the Ministry of Economy for Economic Affairs, and Felix Neugart, CEO of the German Emirati Joint Council for Industry and Commerce, reviewed means to strengthen UAE-German economic relations and to develop partnerships between the business communities in the two countries. During the meeting which was held in Dubai, …
Read More »Central Bank announces monetary and banking developments for May
ABU DHABI / WAM The Central Bank announced that the Money Supply aggregate M1 decreased by 0.9 percent from AED 493.4 billion at the end of April, 2016, to AED 488.9 billion at the end of May, 2016. The Money Supply aggregate M2 decreased by 1.4 percent, from AED 1203.1 billion at the end of April, 2016 to AED …
Read More »ICBC’s bond on Nasdaq Dubai
DUBAI / WAM Nasdaq Dubai welcomed the listing on Sunday of a US$400 million conventional bond by the Industrial and Commercial Bank of China (ICBC). It was the second bond to be listed by ICBC on the Middle East’s international exchange, following a $500 million listing in May, 2015. The new listing underlines the continuing expansion of capital markets links …
Read More »SIAA participates in China expo
SHANGHAI /Â WAM Sharjah International Airport Authority (SIAA) participated for the first time in the Air Cargo China Exhibition and Conference 2016, which took place from June 14th to 16th at the Shanghai New International Expo Centre. At the show, the SIAA demonstrated the latest improvements, services and facilities provided by Sharjah International Airport, as well as the many opportunities …
Read More »MoF to organise reception
ABU DHABI / WAM In a bid to provide all means of support to benefit the banking sector, the Ministry of Finance (MoF), in collaboration with the UAE Central Bank and Dubai International Financial Centre, DIFC, has commenced preparations for the UAE Banks’ reception, set to take place on October 7 alongside the upcoming International Monetary Fund, IMF, and World Bank …
Read More »Dubai keen to boost FDI
Dubai /Â WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council (DEC), said that the annual Dubai Investment Forum has proven successful in presenting a model for the future of strategic sustainable investment, bringing together government departments and institutions that provide strategic growth opportunities and partnerships to investors and …
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