News

  DUBAI / Emirates Business Dubai’s market for apparel and footwear is estimated to be worth US$12.8 billion, registering 5.5 percent annual growth in sales since 2010, according to a report by the Dubai Chamber of Commerce and Industry based on data from Euromonitor International. The category is mainly composed of apparel, footwear and sportswear, with apparel leading total sales ...

Dubai / Emirates Business Award-winning communications network Publinet Group continues to focus on the region’s exciting opportunities for growth by expanding its senior leadership team. The group; which includes Cicero & Bernay (C&B) Public Relations, RAW, a social-media agency, and creative think-tank Spark Middle East; has appointed three senior communication professionals to its Dubai headquarters in the first quarter of ...

  Dubai / Emirates Business Honda Motor Co. Africa and Middle East Office announced the launch of all-new ‘Stunning Civic’ in Dubai on Wednesday. Available across all Honda showrooms in GCC, Lebanon and Jordan, 2016 Civic sets an all-new standard in compact car style and performance. With sleek, sporty lines and an improved power-to-weight ratio, 2016 Civic is not only ...

  Sharjah / Emirates Business Air Arabia, the first and largest low cost carrier in the Middle East, has opened its second City Check-in terminal in Sharjah, offering increased convenience for passengers traveling from the emirate. Located at Air Arabia’s sales shop in Sharjah Industrial Area 10 and open daily from 9 am till 10 pm, the facility lets customers ...

  Abu Dhabi / WAM Masdar, Abu Dhabi’s renewable energy and sustainable development company, and the Abu Dhabi Urban Planning Council (UPC) on Tuesday announced the UPC’s approval of the Detailed Master Plans for Phases 2 and 5 of Masdar City, one of the world’s most sustainable urban developments. Masdar City is targeting a 4 Pearl Estidama Community Rating, the ...

  ABU DHABI / WAM The Federal National Council (FNC) on Tuesday called for devising a strategic plan to Emiratise the telecommunications sector during a session for debating the policy of the Telecommunications Regulatory Authority (TRA). The house recommended that the plan should include programmes and initiatives on the best methods to nationalise the vital sector and should consider the ...

  DUBAI / WAM Dubai Electricity and Water Authority(DEWA) signed a Memorandum of Understanding (MoU) with SAP, the German multinational software corporation that makes enterprise software, at the Dubai International Government Achievements Exhibition (DIGAE) 2016, held from April 11-13 at the Dubai International Convention and Exhibition Centre under the patronage of Vice President and Prime Minister and Ruler of Dubai ...

  ABU DHABI / WAM The Foreign Direct Investment Transparency Index in the Emirate of Abu Dhabi scored 71.5 points in 2015 on the 100-point index scale, which largely reflects a higher level of transparency in direct foreign investment policies and investors’ awareness of the transparency of the policies adopted by the UAE Federal Government and the sound policies of ...

  Ritika Sharma / Emirates Business Despite the volatility in the market, real estate industry salaries are expected to remain stable in the coming months of 2016. A GCC-centric survey has revealed this. The average monthly salaries for the Middle East real estate sector in the region are projected to hover around an average of AED44,392, with annual bonuses averaging ...

DUBAI / WAM The UAE, represented by the Ministry of Finance (MoF), signed on Tuesday an agreement on the avoidance of double taxation with the United Kingdom, in the Ministry’s premises in Dubai. The pact aims to enhance the economic and trade relations between the two countries, and protect companies and individuals from direct or indirect double taxation.