Local News

  Sunaina Rana / Emirates Business The UAE, with its rapidly-growing infrastructure and socio-economical factors, has been ranked among the most attractive retail markets around the globe. Tourism in the country also plays a vital role in promoting its retail sector, say experts. A surge in the number of high-end retail malls has also proved lucrative, bringing in foreign investors. ...

  Dubai / Emirates Business Arabian Falcon Holidays (AFH), the largest independent timeshare player in the Middle East, has recently hosted a delegation from the African travel industry at The Bonnington Jumeirah Lakes Towers as part of the mega familiarisation trip organised by Dubai’s Department of Tourism and Commerce Marketing (DTCM). AFH extended a site visit of the accommodation options ...

  Dubai / Emirates Business Abu Dhabi Airports has announced that it has completed the final de-propping of the last arch in the roof of the new Midfield Terminal Building (MTB), meaning that the structure is now completely self-supporting. The de-propping took three days and 90 jacking points were used around the building for support while the process was underway. ...

  Dubai / Emirates Business Dubai and Abu Dhabi have been ranked the most expensive cities to live in across the Middle East, according to Mercer’s 2016 Cost of Living Survey. The global rankings see Dubai as the 21st most expensive city in the world, a rise of two places in comparison to last year, with Abu Dhabi, 25th in ...

  Dubai / Emirates Business Following a string of recent awards for its funding activities and treasury practice, Etihad Airways swept top honours at the Treasury Today Adam Smith Awards in London. Etihad Airways’ treasury team collected the highest honour, winning the Top Treasury Team Award for overall excellence. The team also picked up the awards for Best Financing Solution ...

  Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), organised a campaign to promote the Mohammed bin Rashid Al Maktoum Global Water Award (MBR Global Water Award) at universities across the UAE. The campaign was held at the American University in Dubai, United Arab Emirates University, ...

  Dubai / EMIRATES BUSINESS The Tejar Dubai entrepreneurship development programme, a Dubai Chamber of Commerce and Industry initiative, launched its 20th commercial project, Familia Emirati clothes store on Dubai-Oman Highway in Hatta recently. The new commercial project which is the 4th launched by Tejar Dubai this year has come as part of the entrepreneurship development programme’s efforts to support ...

  Dubai / EMIRATES BUSINESS Finance comparison site compareit4me.com reported impressive surges in the number of UAE residents researching the finer details of credit cards and personal loans in the first quarter of 2016, compared with the same period last year. The number of enquiries into mortgages that don’t require salary transfer were up by 450 percent, showing that people ...

  Dubai / Emirates Business GE (NYSE: GE) on Tuesday unveiled the UAE results of its 2016 Global Innovation Barometer, which explores how business leaders and members of the public perceive the opportunities for and barriers to innovation in a changing complex global environment. Now in its fifth year, the research surveyed 2,748 senior business executives and 1,346 informed publics ...

  Dubai / Emirates Business The board of directors of Smart Dubai Office (SDO) held its 5th meeting, which was presided over by H.E. Saeed Mohammed Al Tayer, chairman of the board, as part of its action to fulfil the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ...