Recent Posts

Young Entrepreneur Competition begins

DUBAI / WAM The Young Entrepreneur Competition 2016, held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince and Chairman of the Executive Council of Dubai, began on Wednesday at the Dubai Festival City Mall. The competition, organised by Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to ...

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GITEX brings unbeatable deals to UAE

Dubai / WAM Eager to snap up the unbeatable deals on the latest must-have gadgets, thousands of technophiles flocked to GITEX Shopper Spring, the region’s leading and highly anticipated consumer electronics event, on its opening day. Inaugurated by Sami Al Qamzi, Director General, Department of Economic Development in Dubai, in the presence of Helal Saeed Al Marri, Director General, Dubai ...

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DP World generates AED5.3bn cash flow in 2015

Dubai / WAM DP World generated a cash flow of $1.43 billion (AED 5.3 billion) as at December 31, 2015, in spite of the global economic slowdown and world trade slump. The strong cash generation is due to the Group’s ambitious expansion plan and growth of its portfolio of global terminals and business volumes, particularly in Mumbai in India and ...

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