News

  Dubai / Emirates Business Dubai private sector companies indicated a sustained recovery in growth momentum from the survey-record low experienced in February. At 52.7 in April, up slightly from 52.5 in March, the seasonally adjusted Emirates NBD Dubai Economy Tracker Index highlighted the fastest improvement in overall business conditions since November 2015. The headline index has now posted above ...

  Sunaina Rana / Emirates Business The region’s biggest automotive aftermarket event — Automechanika 2016 — came to a close on Monday, with international players stealing the show. Industry bigwigs left no stone unturned to grow their strong footprints across the region. Talking to Emirates Business Michael Dehn, Group Exhibitions Director, Messe Frankfurt Middle East, organiser of Automechanika 2016, said, ...

  Dubai / Emirates Business Dubai Courts inaugurated its Smart Performance Indicators Program with the intention of achieving the objective of the 2015 Strategic and Operational Plan to develop electronic and smart software to gauge performance indicators. The move is in line with the strategic goals and detailed indicators related to main operations, quality initiatives, and sub-services, among others. The ...

  Abu Dhabi / Emirates Business Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, will announce the winners of the 4th Annual EmiratesGBC Awards on May 18 at a gala event to be held at Al Murooj Rotana, Dubai. The Annual EmiratesGBC Awards, which recognise excellence in sustainable ...

  Abu Dhabi / Emirates Business Good news for expats in the UAE — the future is looking brighter. Amid the constant speculation about whether the UAE’s ‘expat bubble’ is about to burst comes proof that more and more expats are planning to lay down their roots and settle in for the long haul. According to compareit4me.com, a survey carried ...

  Sharjah / Emirates Business Air Arabia PJSC reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers. Air Arabia reported a net profit of AED114 million for the three months ending March 31, 2016, 34 percent higher ...

  ALKESH SHARMA / Emirates Business As the Middle East region surpasses global surge in air traffic, airlines and airports in this part of the world are making huge investments to spruce up the security of passengers and premises. Massive funds have been moved towards airport system upgrades to ensure seamless passenger experience, focussing solely on the security segment. UAE ...

  Abu Dhabi / Emirates Business Majid Al Futtaim has been awarded two prestigious awards at the MENA Digital Awards 2016 (MDA) and the Festival of Media Awards MENA 2016. The retail pioneer won in two categories: “Best Mobile App” for City Centres’ mobile app at the MDA, as well as “Best Engagement Strategy” for the Corporate Sustainable Responsibility angle ...

  Abu Dhabi / Emirates Business Etihad Airways officially opened its spectacular new Premium Lounge at Melbourne Airport, offering guests a stylish, comfortable environment in which they can relax, re-energise, dine, work or be entertained pre-flight. A natural light filled space with floor-to-ceiling glass, it offers expansive views across the runway. At more than 800m2 with seating capacity for up ...

  Dubai / Emirates Business According to Abu Dhabi-based Business DNA, the region’s retail sector is far from being saturated, and expects the industry to see a growth of 7% to 12% in 2017. The company sees 2016 as a correction year for the industry, even as it looks to drive growth of Abu Dhabi’s underrated retail market. Business DNA ...