Local News

    Dubai / Emirates Business iMall, Sharjah’s newest mall, developed by Nice Home Real Estate — one of the leading real estate developers in the emirate of Sharjah — is all set to open its doors on June 30, with grand opening celebrations commencing on day one of Eid al-Fitr. Spread over a built-up area of 125,000 sq. ft., ...

  Dubai / Emirates Business Dubai has recorded continued progress and retained its position as the most transparent real estate market in the Middle East and North Africa (MENA) region, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI). The Emirate placed (48th) out of 109 markets covered globally to remain in the ‘Semi-Transparent’ category, ...

  Abu Dhabi / WAM The Masdar Institute of Science and Technology (MIST) on Wednesday announced it has moved up to the 14th spot overall in the 2016 US News and World Report Best Arab Region Universities Rankings, up from the 23rd position last year. The research-based institution has also edged up to fifth spot in the ‘Energy’ field, eighth in Chemistry, ...

  Dubai / Emirates Business Dhofar Global, a leading supplier of hygiene care products in the Middle East, received the BIZZ 2016 Award presented annually by the World Confederation of Business (WORLDCOB), a leading organization that encourages worldwide business development. The award, which was given in recognition of the company’s business excellence, was received by Dhofar’s Group COO, Michael Anthony ...

    Dubai / Emirates Business Dubai-based business conglomerate Najibi Group, which recently opened the doors to its new investment and development company Sanad Capital Pty Ltd in Australia, has announced its very first venture on the nation’s Sunshine Coast – an AUD 400 million ‘active lifestyle’ destination. Talal Y. Najibi, Executive Chairman of Najibi, says this project heavily complements ...

  Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, in collaboration with Huawei, a leading global ICT solutions provider, on Wednesday installed the first Smart Street Solution in the Middle East region at the high-tech park. The Smart Street Solution incorporates a number of advanced ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved Executive Council Resolutions numbers (22), (23), (24), (25), (26), (27), (28) and (29) of 2016, approving new appointments at the Department of Economic Development, DED. The new Resolutions include the appointment of Ali Ibrahim Mohamed Ismael ...

  Abu Dhabi / EMIRATES BUSINESS Etihad Airways and Abu Dhabi Global Market (ADGM) signed a landmark agreement that sees the airline become the Official Airline Partner of ADGM. The agreement harnesses the roles of both entities as ambassadors of Abu Dhabi and key players in delivering on Abu Dhabi’s vision as a world-leading business, tourism, and cultural destination.

  Dubai / Emirates Business There is room in the global market for an official ‘Made-in-UAE’ trademark, one that would play an instrumental role in the growth of the country’s manufacturing sector, according to Erwin Bamps, CEO of Emirates-based yacht and boat builder, Gulf Craft. A government regulated national label would not only lend credibility to the country’s producers through ...

  Dubai / WAM Under the directive of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Dubai Parks and Resorts will extend its support to the proposed development of a Six Flags theme park in Saudi Arabia. This directive calls for an exception to the destination’s GCC exclusivity clause with American theme ...