Local News

  ALKESH SHARMA / Emirates Business Increasing attention on converged systems and cloud solutions has started taking a toll on the Middle East’s hardware market. As more enterprises and businesses in the region move towards cloud computing, hardware market registered a flat growth in 2015, according to a recently released data. In a new research report released by International Data ...

  Our Correspondent / Emirates Business Al Tayer Motors — the official importer-dealer for Lincoln in the UAE — has broken ground for a new concept showroom, incorporating sales, service and spare parts, for the luxury brand at Al Ittihad Road in Dubai. Kumar Galhotra, President of Lincoln, present at the ground-breaking ceremony said, “It’s an honour to be here ...

  Abu Dhabi / WAM Abu Dhabi Airports has announced that Emirates Leisure Retail, ELR, HMSHost International, Lagardere Capital, and SSP, four world-class food and beverage retailers, have been awarded the concessionaire contracts for Abu Dhabi Airports’ Midfield Terminal Building, MTB. Once operational, the MTB will constitute a number of world first exclusives in terms of its F&B offerings, including ...

    Emirates Business India continues to be a crucial part of Etihad Airways’ growth strategy contributing significantly to the airline’s global operations, to job creation and to connectivity for India. Addressing a media conference in Mumbai to mark the launch of Etihad Airways’ daily A380 service to India’s commercial capital, Etihad Airways Chief Commercial Officer, Peter Baumgartner, said that ...

  DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, met with Tarek Kabil, Egyptian Minister of Trade and Industry, to discuss ways of consolidating existing economic partnerships between the UAE and Egypt, and overcoming the various challenges facing investors and businessmen, as part of efforts to promote mutual economic and trade interests and relations. During the meeting, ...

  DUBAI / WAM The number of Dutch companies represented in the Jebel Ali Free Zone, Jafza, has grown steadily over the past few years, up to 105 companies in 2016, while Jafza’s trade with the Netherlands has seen continuous growth, exceeding more than US$732 million in 2015. Ibrahim Mohamed Al Janahi, Jafza Deputy CEO and Chief Commercial Officer, expressed ...

  DUBAI / WAM Sharjah Investment and Development Authority, Shurooq, highlighted growth of Sharjah’s Real Estate Sector at Middle East Investment Summit (MEIS) 2016, held at Dubai International Financial Centre. Among the statistics being highlighted by Shurooq at MEIS 2016 were 2014 figures that revealed a 20% growth in Sharjah’s real estate market transactions when compared to 2013, with total ...

  ABU DHABI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, Chairman of the Federal Transport Authority – Land and Maritime, on Tuesday issued a decision on the implementation of the requirements of the International Convention on Tonnage Measurement of Ships,1969, to establish uniform principles and rules with respect to the determination of tonnage of ships ...

  Dubai / EMIRATES BUSINESS Meraas, a Dubai-based holding company, announced details of its latest retail development, The Outlet Village, the UAE’s first upscale outlet mall. Located adjacent to Dubai Parks and Resorts and within easy reach of Dubai and Abu Dhabi, The Outlet Village will offer discounted high-end brands merchandise all year round in a scenic and charming medieval ...

  Abu Dhabi / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has given directions to start the legislative procedure of drafting a UAE National Reading Law, which aims to ensure the sustainability of all government efforts to consolidate reading in the UAE for all ages, as well as identify the key responsibilities of government agencies ...