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Dafza records 27% rise in new rental revenues

DUBAI / WAM Dubai Airport Freezone Authority (Dafza) announced strong business results for first half of 2018, showing an 11 percent growth in Earnings Before Interest, Depreciation (EBID) in comparison with same period of 2017 and a growth of new rental revenues by 27 percent. The results include a 10 percent increase in licensing revenues and a 31 percent increase ...

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Oil hits 2-week high as US, Mexico near trade deal

Bloomberg Oil traded near the highest closing level in more than two weeks on estimates that US crude inventories fell and as the prospect of a new US-Mexico trade pact spurred wider financial-market optimism. Futures held near $69 a barrel in New York as President Donald Trump said the US is pursuing a new trade accord with Mexico to replace ...

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Museum of Illusions to open in Dubai next month

Dubai / Emirates Business The Museum of Illusions, the world’s fastest growing museum chain, is heading to Dubai — with its biggest edition yet poised for a September opening at the emirate’s Al Seef development located near the iconic Dubai Creek. A flagship attraction in the heritage and cultural development on Dubai Creek, the full line-up of exhibits at Museum ...

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