News

  Dubai / WAM This year, Dubai maintained its attractiveness to global investors as in the first half of 2016, over 8,000 new companies joined the membership of Dubai Chamber of Commerce and Industry bringing its total membership to 193,000 with a 4.3% growth. This new addition takes the non-profit business organisation membership closer to 200,000 while enhancing the Chamber’s reputation ...

  Dubai / WAM The second edition of the Innovation 4 Impact Competition will take centre-stage at the Global Islamic Economy Summit 2016 (GIES 2016) to be held under the theme ‘Inspiring Change’, at the Madinat Jumeirah in Dubai, from October 11-12. Islamic digital economy entrepreneurs from around the world will compete for a chance to win cash, gain global publicity, ...

  Abu Dhabi / WAM AkzoNobel has raised its stake in Akzo Nobel Powder Coatings SAE in Egypt from 60 percent to 100 percent. The transaction forms part of the company’s accelerated growth strategy for Egypt and the wider North Africa region. As well as operating a state-of-the-art powder coatings plant in Cairo, Akzo Nobel Powder Coatings SAE also has a ...

  Dubai / WAM The number of ideas put forward by Dubai Customs (DC) staff to the Mohammed bin Rashid Smart Council, from its launch in October 2015 until the end of June, was 1,527, of which 687 were approved, representing about 45% of the overall number submitted. This percentage was reached as a result of the enthusiasm shown by ...

  Dubai / Emirates Business There are 183 hotel projects and 54,000 hotel rooms in the UAE pipeline, according to a new report. The hotel construction report by TOPHOTELPROJECTS prepared exclusively for The Hotel Show Dubai 2016 reveals that the majority of the new hotels are expected to open before 2020. The busiest years are forecast to be 2017 (56 ...

  ABU DHABI / Emirates Business Emirates Property Investment Company (EPICO), the property and facilities management arm of Al Fahim Group, has announced the opening of its new office in Abu Dhabi. Located in the Mezzanine 1 level of Dalma Plaza, Hamdan Street, Abu Dhabi, the new office aims to cater to the growing demand for EPICO’s specialized leasing and property ...

  Dubai / Emirates Business In response to the strong market demand, Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, has announced the launch of the second tower of Bellevue Towers for sale. The sought-after residential development has garnered huge investor interest and high customer demand after the iconic Bellevue Tower 1 was launched in ...

  Emirates Business Canon Middle East, world leader in imaging solutions, on Tuesday introduces the PowerShot SX620 HS, a compact superzoom camera designed to get you closer to the action, thanks to a new 25x optical zoom. This stylish camera is perfect for capturing precious moments, when a smartphone snap simply won’t cut it, thanks to the 20.2 Megapixel CMOS ...

  ABU DHABI / WAM Some 35 government and private companies have set up pavilions in the exhibition area of Liwa Dates Festival, promoting the latest trends and achievements in the business of dates. Among the active participants in the festival are: Al Dhafra, one of UAE’s largest dates company, which recently reported that the Emirates are now the world’s ...

    Jeddah / TNS Twenty-two years after the signing of the Israel-Jordan peace agreement, the Middle Eastern neighbours are eager to strengthen their relationship through a range of joint infrastructure ventures. Earlier this month a senior Israeli delegation led by Deputy Minister of Regional Cooperation Ayoob Kara met with Jordanian Prime Minister Dr. Hani Al-Muki and discussed closer cooperation on ...