Local News

Leading Indian real estate firm DLF to hold UAE roadshow

  Ritika Sharma / Emirates Business DLF, one of India’s largest realty firms, is holding a four-day roadshow at the Ritz Carlton Dubai to highlight investment opportunities in DLF’s portfolio of luxury properties. DLF’s latest project is DLF5, a state-of-the-art, integrated development offering high-end residential, commercial, retail and community facilities. DLF5 aims to provide a world-class lifestyle in Gurgaon, India. ...

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Al Qudra Holding profit reaches AED 206 million

  ABU DHABI / WAM During the company’s annual general meeting, Al Qudra Holding presented the full activity report for the financial year ending December 31, 2015, and revealed the great achievements the company has accomplished on all levels. This meeting was attended by board members and presided by the Vice Chairman of Al Qudra Holding, Khalifa Yousef Khouri. Commenting ...

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Dubai int’l airport ME’s best

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group, received an award for Dubai International Airport as the Best Airport in the Middle East for 2016. This came when HH Sheikh Ahmad visited the pavilion of Dubai International Airport during its participation in the Arabian Travel Market ...

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Workshop on N-energy strategy organised

  DUBAI / WAM Dubai Supreme Council of Energy in collaboration with the Federal Authority for Nuclear Regulation (FANR) organised a workshop to introduce the National programme to produce electricity using peaceful nuclear energy. The workshop, which aimed to promote nuclear energy and encourage closer collaboration within the public sector for it, was attended by member organisations of the Dubai ...

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DEWA, Masdar team up to boost renewables

  DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) received a delegation from Masdar, Abu Dhabi’s multi-faceted renewable energy company, aimed at supporting DEWA’s efforts to enhance cooperation and exchange experiences in clean and renewable energy. The delegation included Mohamed Jameel Al Ramahi, CEO of Masdar, and Bader Al Lamki, Director ...

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Dubai among top 10 global cities in hotel supply

  Dubai / Emirates Business With Dubai set to hit the 100,000 rooms’ milestone next month across its expanding hotel and hotel apartment inventory, the city aims to firmly position itself as a top 10 global destination in terms of available hotel supply, indicating high demand from international travellers and sustained growth in tourism volumes. Over the next three years, ...

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Aldar residential devp projects on track

  Abu Dhabi / WAM Aldar Properties, Abu Dhabi’s listed property development, investment and management company, provided a progress update on Wednesday of its residential development projects currently under construction. The Al Hadeel, Ansam, Al Merief, Nareel Island residential projects are all on track to be completed according to their respective schedules, with steady progress being made on foundational, structural and ...

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UAE firm wins dredging contract for Maputo port

  Dubai / WAM UAE-based company, Jan de Nul Dredging Middle East, has been awarded a contract for deepening the access channel in Maputo port from its current 11 metres to 14.2 metres. Maputo is the capital of Mozambique in southern Africa. According to the Mozambique News Agency, AIM, the contract was signed last week by EPDM, a holding company owned ...

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DED’s new service to allow license renewal via SMS

  Dubai / WAM The Department of Economic Development (DED) in Dubai, launched a new service for owners of business licenses to have them renewed automatically through a simple text message (SMS). Introduced in partnership with Etisalat and du, the service allows owners to request license renewal by sending a text message to 6969, after which they will receive a payment ...

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Dubai Chamber to show competitiveness of biz community

  Dubai / WAM The Dubai Chamber of Commerce and Industry finalised preparations for its trade mission to South Africa and Mozambique from May 2 to 6 as part of its strategy to reach out to the promising markets of the world, especially the African markets and to promote Dubai and the competitiveness of its business community. The Dubai Chamber delegation, ...

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