Danube Properties launches AED400mn project

  Dubai / Emirates Business Danube Properties, UAE’s leading property developer, announced the launch of their new AED 400 million project ‘Miraclz’ located at Dubai’s Arjaan neighborhood close to Miracle Garden. The project was announced at a press conference held at the Danube Properties Headquarters, where the residential tower was unveiled by the Founder and Chairman of Danube Group, Rizwan ...

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Joyalukkas to open showroom in USA

  Dubai / Emirates Business Joyalukkas is all set to open its first showroom in the USA. This will now be the 12th country to have the presence of the world’s favourite jeweller thereby giving Joyalukkas a truly global presence. The opening of the new Joyalukkas showroom in Hilcroft, Houston is a sparkling example of a well planned and successful ...

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Dubai foreign direct investments desk to help people invest in Italy

  Dubai / Emirates Business The first Investment Attraction Desk in the UAE was launched in Dubai on Wednesday during the ‘Invest in Italy 2016’ roadshow attended by Ivan Scalfarotto MP, Italian Secretary of State, International Trade & Investment Attraction and HE Liborio Stellino, Italian Ambassador to the UAE. The launch was successfully attended by more than 100 investors, businessmen ...

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Blame central banks for Trump, Brexit and populism

  Worried by the rise of populism in politics? Blame the central banks. Every populist politician in the world will go to bed tonight dreaming the dream after Donald Trump’s surprise victory in the U.S. presidential election. Every member of the so-called elite — however you choose to define that amorphous concept — needs to take a long, searching look ...

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Three big items left on Obama’s agenda

  President Obama should focus on three foreign policy challenges, post-election, to finish fights that began on his watch. These include setting rules for cyber behavior with Russia and other nations, pressing on toward Raqqa and the destruction of the Islamic State, and a “Hail Mary” effort to pass the Trans-Pacific Partnership (TPP) trade deal during the lame-duck session of ...

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How not to fight climate change, shipping edition

  The shipping industry accounts for more greenhouse gas emissions than airplanes, buses or trains. Yet it was not included in last year’s Paris accord — and an attempt last month to redress this failure manages to be both unambitious and impractical. The world’s 90,000 shipping vessels burn about five million barrels of petroleum products each day, and their emissions ...

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Trump has colossal challenges ahead

  He came; he confronted; and he conquered. The unexpected result has given the ‘unpredictable’ the presidential crown. Donald Trump has been voted to become the 45th president of the United States of America. If Brexit was a big shock for the world, Donald Trump’s victory is the bigger one. Undoubtedly, the realty tycoon has stunned America and the world. ...

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Emirates NBD signals further improvement in business conditions

  Dubai / WAM Emirates NBD Dubai Economy Tracker has shown that October data signalled a further improvement in business conditions across Dubai’s private sector economy, underpinned by strong rises in output and incoming new work. At 53.2 in October, the seasonally adjusted Emirates NBD Dubai Economy Tracker Index registered above the crucial 50.0 no-change value for the eighth month running. ...

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TAQA posts AED12.1bn revenue in 9 months

  Abu Dhabi / WAM Abu Dhabi National Energy Company (TAQA) on Wednesday announced its financial and operating results for the first nine months of 2016. “During the period, we delivered strong operational performance and further reduced our capex and costs base consistent with our plan, while maintaining our focus on safety,” said Saeed Al Dhaheri, TAQA’s Acting Chief Operating Officer. ...

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