Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) performed exceptionally well in Q1 2017, achieving 62 percent of its total annual sales target. This was accompanied by an increase of 7 per cent in sales revenues over Q1 2016. The freezone also posted a significant 31 per cent growth in the number of its registered companies, as compared …

DUBAI / WAM Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Under-Secretary of the UAE’s Ministry of Economy, has met with Farid Amin, Chairman of the Canada-UAE Business Council (CUBC) to discuss developing economic and trade relations between the two countries, and encouraging private sector participation. During the meeting, the two sides discussed the role of the Council in communicating with …

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) signed an AED94 million Musataha contract on Build-Operate-Transfer (BOT) model with Capital Investment LLC, for the rehabilitation of HH Sheikha Fatima bint Mubarak Park (formerly known as Al Khaldiya Park for Women). Upon signing the contract, Musabbah Mubarak Al Murar, Acting General Manager of Abu Dhabi City Municipality, said, “The …