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UAE retailers go full steam ahead with expansions

RITIKA SHARMA / EMIRATES BUSINESS The heightened competition in the sector is motivating retailers in the UAE to grow further. Backed by researches that say Emirates retail market will be valued at US$53.7 billion in 2016, up 7 percent over 2015, major players are expanding their businesses after posting good profits in the last quarter of 2015. Waqas Hassan, Managing ...

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Road transport to boost trade

DUBAI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, stressed the importance of developing Arab land transportation in driving economic growth and enhancing communication among Arab states. He added that the road transport sector is one of the most effective factors in stimulating the economic, social and cultural fields. Dr Al Nuaimi made these comments ...

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Sharjah to charge airport fee

SHARJAH / WAM The Sharjah Executive Council (SEC) issued Resolution No 12 for year 2016 on the collection of an AED35 departure fee at the Sharjah International Airport for the use of airport facilities and services. Referred to as the airport facilities’ fee, it has to be paid by all passengers, including transit passengers who leave the Emirate of Sharjah ...

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