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Middle East Rail increases in size by 25 percent

DUBAI / EMIRATES BUSINESS Middle East Rail 2016 has increased its exhibition space by 25% compared to last year, in response to huge demand from the growing number of exhibitors keen to take advantage of the opportunity to network at the regional rail industry’s ultimate marketplace. The announcement was made at a press conference held Wednesday at Ministry of Infrastructure Development. ...

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Cruise beach stopover in Abu Dhabi on the cards

RITIKA SHARMA / Emirates Business Undeterred by the global speculation about dismal economic growth, Abu Dhabi Ports seems to be riding high on growth quotient this year, which is clearly based on the robust performance of the previous year. Abdulkareem M. Al Masabi, Vice President – Ports Operations, Abu Dhabi, said that looking at the year-on-year double digit growth in ...

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RAK Properties marks AED160mn net profit

WAM RAK Properties reported during its board of directors meeting an impressive 23.5 per cent growth in revenues in 2015. A proposal of dividends distribution of 5% cash for the year 2015 was also recommended by the board and will be presented on the company’s annual general meeting due to be held on March 12. RAK Properties posted a 2.8 ...

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