Our Correspondent / EMIRATES BUSINESS La Chaux-de-Fonds is the cradle of Swiss fine watchmaking. In 1887 Georges Eberhard, then aged 22, founded the Eberhard & Co Watchmaking Manufacture there. From the very outset, the Firm specialised in the manufacture of technical watches, producing its first wrist chronograph in 1919. This complication would later become the firm’s specialty. Eberhard & Co ...

Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Monday inaugurated the Annual Investment Meeting, AIM 2016, at the Dubai International Convention and Exhibition Centre. The event was attended by representatives of official delegations from more than 140 countries, reaffirming the robustness of the UAE economy ...

ABU DHABI / WAM Estimates of 2015 total direct foreign investment(FDI) in the Emirates of Abu Dhabi showed a growth of 8.9% to reach AED 88.324 billion against AED 81.112 billion in 2014. 18.9% or AED 16.710 billion of these direct foreign investments went to the manufacturing industries in 2015, with a 7.8% growth rate, against AED 15.502 billion and ...