DUBAI / WAM Jebel Ali Free Zone Authority (Jafza) attracted more than 55 new food and beverage companies last year from 20 countries around the world. Sultan Ahmed bin Sulayem, Executive Director of DP World Group, Chairman of Ports, Customs and Free Zone Corporation in Dubai, said that Jafza strengthens the strategic location of the UAE in general and Dubai ...

Dubai / Emirates Business Dubai real-estate developer Azizi Developments has announced the launch of Royal Bay Residence, an exclusive collection of 90 fully serviced luxurious residential apartments situated on the crescent of Palm Jumeirah, next to Anantara Hotel. The new project is part of company’s Dh4.5 billion development plan to build thousands of flats in Nakheel’s Al Furjan project and ...

Beijing / Bloomberg China’s stocks slumped by the most in a month after money-market rates jumped. The Australian dollar fell on concern investment is weakening while oil resumed declines and gold advanced. The MSCI Asia Pacific Index of shares halted two days of losses, while China’s equities slumped as concern increased that recent gains were overdone relative to the outlook ...