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Dubai land transactions surge AED30bn in 5 years

DUBAI / Emirates Business The value of annual land sales in Dubai has risen by AED30 billion over the last five years, one of the emirate’s biggest real estate brokerages revealed, identifying Business Bay as a key area for further growth. Firas Al Msaddi, CEO of fäm Properties, said that as of November 9, land sales for this year had ...

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Eight Abu Dhabi govt entities open offices at KIZAD business centre

ABU DHABI / WAM Abu Dhabi Ports, the Port of Fujairah, and Khalifa Industrial Zone Abu Dhabi (KIZAD) announced the opening of eight Abu Dhabi Government representative offices at KIZAD’s business bentre in Taweelah. The offices are of the Department of Economic Development, Department of Urban Planning and Municipalities, Ministry of Interior representing the General Command of Civil Defence and ...

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Brazilian machinery export to Arab region reaches $212.17mn

ABU DHABI / Emirates Business Brazil’s total exports to Arab countries’ construction sector reached $40.24 million in 2017. Brazil’s exports to region’s construction industry included plywood, veneered panels, granite, glazed ceramic flags, wooden furniture, appliances for pipes, boiler shells, and tanks and other machines and mechanical appliances. Machinery exports to Arab nations including Egypt, Kuwait, Saudi, the UAE, Oman and ...

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UAE and Australian economic committee convenes in Sydney

Sydney / WAM The UAE and Australia have affirmed their commitment to the free trade agreement between Australia and the GCC, being an efficient mechanism conducive to broadening economic ties. This came during the maiden session of the joint UAE- Australia Economic Committee, which convened in Sydney under the chairmanship of Sultan bin Saeed Al Mansouri, Minister of Economy, and ...

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Sheikha Jawaher calls for women’s economic empowerment

Sharjah / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of NAMA Women Advancement Establishment (NAMA), and wife of His Highness the Ruler of Sharjah, has called on governments, business communities and civil societies across the world to adopt more effective policies for the economic empowerment of women and an enhancement of their role in sustainable development. Sheikha Jawaher ...

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AED1.3bn development of Hatta Region on track

Dubai / WAM The AED1.3 billion comprehensive developmental of the Hatta Region is going according to plan to uphold the prominent cultural and environmental position of the region as one of the emirate’s key tourist attractions and business destinations, according to the Dubai Executive Council. A number of state departments are engaging in the developmental plan launched by the Vice ...

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UAE, US strengthen collaboration in space exploration

Abu Dhabi / WAM A number of ministers and senior space and science officials from the UAE have visited Washington D.C., to meet with senior space officials and representatives from the public and private sector in the United States, further strengthening UAE-US collaborative efforts in space science, education and exploration. Led by Dr. Ahmad Belhoul Al Falasi, Minister of State ...

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Abu Dhabi records 18% growth in hotel guests

Abu Dhabi / Emirates Business Abu Dhabi accelerated its growth in hotel guest arrivals during October with 418,883 guests checking into the emirate’s 163 hotels and hotel apartments, representing an 18% increase over the same month last year. The cumulative number of guest arrivals for the first ten months of this year has increased to reach more than 3.9 million, ...

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UAE grants citizenship to 309 children of Emirati mothers

ABU DHABI / WAM The UAE has granted citizenship to 309 children of Emirati mothers. In its latest meeting, under the chairmanship of Ahmed Juma Al Za’abi, Deputy Minister for Presidential Affairs, the committee tasked with implementing the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, reviewed and approved the list of applicants submitted by the Ministry ...

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IPS joins forces with strategic partner MAG Property Development

Dubai / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, announced its strategic partnership with MAG Property Development (MAG PD) for the 14th edition of the event. IPS 2018 will run from April 9-11 next year at the Dubai World Trade Centre (DWTC), where a 20,000-strong international ...

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