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DUBAI / WAM UAE master developer Nakheel , creator of some of the world’s most famous landmark real estate projects, is targeting European investors with a diverse range of products worth AED 4 billion (€1 billion) as it attends MIPIM, the world’s largest real estate event, for the first time. Investment opportunities include around 100 land plots for commercial, residential ...

ABU DHABI / WAM Abu Dhabi will highlight its tourism credentials as a destination of distinction when a delegation, led by Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, embarks on a roadshow to four European countries in four days. In a bid to build on impressive numbers of inbound tourists from the continent, the delegation will visit Milan, ...

Bloomberg Dubai stocks advanced the most among Middle Eastern equities as the European Central Bank’s monetary stimulus boosted demand for emerging-market assets, adding fuel to bullish sentiment in the emirate. The DFM General Index climbed 1.4 percent to 3,401.03, extending four weeks of gains, the longest streak since April. Emirates NBD PJSC, the emirate’s biggest lender, added 4.6 percent to ...

ABU DHABI / WAM Etihad Airways’ President and Chief Executive Officer, James Hogan, rendered the opening address to more than 1,200 delegates attending the World Cargo Alliance, WCA, Conference taking place at the Abu Dhabi National Exhibition Centre from March 10-13. Mr Hogan spoke about changes in the global cargo industry and how the Etihad Airways Partner alliance increases the ...

DUBAI / WAM The Road and Transport Authority (RTA) has awarded a contract for constructing Sheikh Rashid Rd – Sheikh Khalifa bin Zayed Rd Interchange Project costing AED611 million which is set for completion during the last quarter of 2017. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, said, “The Sheikh Rashid Rd. ...

DUBAI / WAM The bilateral trade relations between the UAE and the Kingdom of Morocco are witnessing remarkable development, according to a report released by the Ministry of Economy. The Foreign Trade Policy Department at the ministry released its report in the light of the Trade Policy Review of Morocco report, issued by the World Trade Organisation (WTO). The ministry’s ...

DUBAI / WAM Emirates International Property Services(EIPS), a Bloom Holding subsidiary offering a full range of property and integrated facility management services, has conducted walk-through audits for 22 of its properties across the UAE following a comprehensive evaluation of its energy use by Energy Management Services – Emirates (EMS), a leading energy solution provider. The audit validates the reliability of ...

LONDON / WAM The UAE Embassy in London hosted the third edition of the UAE-UK Pioneers Forum on March 11-12 at the Park Plaza Hotel Westminster Bridge. The Embassy initiative brought together the most prominent Emirati government entities, companies, and UK companies that are seeking to employ bright and ambitious young Emiratis.

DUBAI / WAM The Dubai Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) with The Netherlands Chamber of Commerce and Rotterdam Partners Foundation to enhance mutual cooperation and bilateral trade ties, as well as to stimulate innovative economic partnerships between the business communities of the two countries.

DUBAI / AFP HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy chaired the 39th meeting of the council at its headquarters. Saeed Mohammed Al Tayer, Vice Chairman of the Supreme Council of Energy, attended the meeting.