Local News

Golden hues of Islamic art shine bright at auto expo

  Sunaina Rana / Emirates Business A $1 million unique metal-painted car stole the limelight at the 14 Edition of Automechanika Dubai 2016. The Nissan R35 GT-R sports vehicle named ‘Godzilla’ — showcased by ace tuners — was specially designed for Middle East consumers, with Islamic artwork of vine and leaves engraved on its bodywork. Michael Dehn, Group Exhibitions Director, ...

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Nissan Patrol Nismo all set to roll out on UAE roads

  Sunaina Rana / Emirates Business A new exciting range of series of Nissan Patrol Nismo, with a blend of motorsports and concentrated power in the spirit of SUV, is all set to rule the UAE roads. Arabian Automobiles — the exclusive dealer for Nissan in Dubai and the Northern Emirates — has recently announced that the much-anticipated vehicle would ...

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GCC luxury sector shows resilience amid uncertainty

  Dubai / Emirates Business The region’s luxury sector is continuing to demonstrate resilience in spite of economic challenges, driven by investor recognition of many opportunities the current market landscape presents, UAE industry experts said. Record-low oil prices have had a ripple effect on global economies, however with growing private wealth in the GCC – reaching a cumulative USD 2.2 ...

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UAE auto firms give pat on the back for safety

  RITIKA SHARMA / Emirates Business There is a dire need of educating and motivating people to make sure they keep their safety as prime concern while driving, UAE experts emphasise. On the same lines, various technology and automobile companies in UAE are trying out innovative ideas like discounts on their rides for encouraging people to abide by the traffic ...

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Innovation key to UAE’s future

  DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said that the UAE has adopted innovation as an institutional approach and a culture of the society that aims at developing its human factor as well government institutions, as part of its drive to build a sustainable ...

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Air Arabia Q1 profit reaches AED114mn

  SHARJAH / WAM Air Arabia on Monday reported a net profit of AED114 million for the three months ending March 31, 2016, which is 34 percent higher than the corresponding 2015 figure of AED85 million. In the same period, the airline posted a turnover of AED946 million, an increase of 7 percent on AED886 million in the first quarter ...

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Empower’s ‘pipeline’ reaches 223 km mark

  DUBAI / WAM The Emirates Central Cooling Systems Corporation, EMPOWER, on Monday said that its district cooling transmission pipeline has crossed the 223 kilometres mark in Dubai. The company has attributed this expansion to its aggressive strategy to expand its operations across the Emirate. Speaking on the occasion, Ahmad Bin Shafar, Chief Executive Officer of Empower, said, “Empower was ...

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10 nations sign pact to set up int’l halal accreditation forum

  Dubai / Emirates Business In a significant development that boosts the efforts of Dubai Islamic Economy Development Centre (DIEDC) to articulate Dubai’s ambition of emerging as a global capital of Islamic economy, representatives of 10 countries recently signed a memorandum of understanding (MoU) in Dubai for the establishment of the International Halal Accreditation Forum (IHAF) to be based in ...

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DLD to be main sponsor of UK realty expo in London

  Dubai / WAM Dubai Land Department (DLD) has announced that it is the main sponsor with the Dubai Property Show, a major UK real estate exhibition, which is taking place in London for the second year from May 13-16. Organised in conjunction with DLD’s Investment Management and Promotion Centre, the three-day event is recognizing the importance of London, and DLD’s ...

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Employers face skill gap crisis in hiring

  Dubai / Emirates Business According to the recent Bayt.com “Skills Gap in the Middle East and North Africa” survey, conducted by Bayt.com – the Middle East’s leading job site – and YouGov – a research and consulting agency – among the 352 UAE employers surveyed, respondents are experiencing difficulty filling open positions as they struggle to find employees with ...

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