Business

Affordable Luxury by Azizi Developers

Affordable Luxury by Azizi Developers

23 Aug 2016

Azizi Developments marks its entry into Dubai’s booming hospitality sector with the launch of its first serviced residences project, Candace, at Al Furjan. The AED 460 million project will witness the launch of two towers by the name of Candace Aster and Candace Acacia at Dubai’s upcoming Al Furjan community, where Azizi Developments is the biggest private-developer with many projects at different stages of construction.

To be run and managed by Candace Hotel and Resorts, the high-end... Read More

Economic results of Uzbekistan in Q2 2016

Economic results of Uzbekistan in Q2 2016

22 Aug 2016

I. Deepening structural reforms in the economy and modernizing the country, ensuring macroeconomic balance

Consistent implementation of the most important priorities of economic program for the year 2016, set by the President of the Republic of Uzbekistan Islam Karimov at the session of the government of the Republic on 15 January of the current year, has allowed to preserve sustainable high rates of economic growth of the Republic in the first half the current year.

Compared... Read More

New Dhs100 million Bentley showroom opens in Dubai

New Dhs100 million Bentley showroom opens in Dubai

22 Aug 2016

Bentley has taken luxury customer experience to extraordinary new heights with the opening of the largest Bentley showroom in the world on Sheikh Zayed Road in Dubai. The pioneering showroom, which was developed with the region’s most discerning customers in mind, is a sector-defining move by the British marque in the world of automotive retail environments. The official inauguration of the showroom took place with the attendance of prominent members of the Al Habtoor Motors, representatives... Read More

Over 10 thousand UAE tourists visited Azerbaijan in July

Over 10 thousand UAE tourists visited Azerbaijan in July

22 Aug 2016

10,072 U.A.E tourists visited Azerbaijan in July. Compared to the same period of last year, this is a 100 times increase, the PR department of the Ministry of Culture and Tourism said. The department said that this dramatic rise in numbers was achieved thanks to the intensified informative efforts, the opening of a representative office in the U.A.E in 2011, and the application of a simplified visa regime for U.A.E citizens in November 2015, APA reports. A series of analyses have revealed... Read More

DP World to study ‘hyperloop’ container transport

DP World to study ‘hyperloop’ container transport

17 Aug 2016

DP World says it is looking into the possibility of using high-speed hyperloop technology to transport containers from Dubai’s Jebel Ali Port to a planned inland storage depot. The Dubai-based port operator will soon launch a feasibility study on the merits of building a hyperloop tube at its flagship port in the UAE. DP World has already signed a memorandum of understanding with Los Angeles-based firm Hyperloop One for the study, a statement said.

“The initial study will focus on... Read More

UAE leads Arab countries in 2016 Global Innovation Index

UAE leads Arab countries in 2016 Global Innovation Index

17 Aug 2016

This year’s Global Innovation Index measured the performance of 128 countries and economies in the area of innovation which represents the majority of the global workforce and global GDP. The index is based on 82 sub-indices which measure innovation in detail and provide a clear understanding of how it drives economic growth and prosperity. 

The index results attributed the outstanding progress of the UAE this year to its sustainable achievements in innovation inputs, especially the... Read More

Al Bustan Centre and Residence hopes to attract more Russian visitors

Al Bustan Centre and Residence hopes to attract more Russian visitors

17 Aug 2016

Al Bustan Centre and Residence, the popular hotel-apartment among tourists and businessmen in the heart of Dubai, embarked on a road show to major cities in Russia this summer to promote the property to the Russian market and encourage their visit to the UAE.

In association with Alpha Destination Management and Natalie Tours, the Summer Road Show Tour brought the delegation to nine major cities in Russia including such as Moscow, Kazan, Samara, Krasnodar, Rostov-on-don, Ekaterinburg,... Read More

Nakheel and RIU Hotels & Resorts start development of AED900 million beachfront resort at Deira Islands

Nakheel and RIU Hotels & Resorts start development of AED900 million beachfront resort at Deira Islands

17 Aug 2016

Nakheel and Spanish hospitality giant, RIU Hotels & Resorts (RIU), today commenced the development of their AED900 million, 800-room joint venture resort and waterpark at Dubai’s Deira Islans.  The partners have appointed international consultants Dar Al Handasah to oversee design, engineering and construction supervision of resort – the first all-inclusive 4-star concept in Dubai and RIU’s first property in the GCC.  

Nakheel and RIU signed their joint venture agreement in Palma... Read More

Emirates adds Guangzhou to its global list of A380 destinations

Emirates adds Guangzhou to its global list of A380 destinations

09 Aug 2016

Emirates, voted the World’s Best Airline 2016 at the Skytrax World Airline Awards, announced today that it will operate its flagship A380 on services between Dubai and Guangzhou from 1st October 2016, the 67th National Day of People’s Republic of China. This follows the airline’s recent announcements of A380 deployment on its Milan and Johannesburg routes.

Guangzhou will join more than 40 destinations on Emirates’ extensive global network served by its highly popular A380 aircraft,... Read More

RTA’s 2030 plan approved by Shaikh Mohammad

RTA’s 2030 plan approved by Shaikh Mohammad

08 Aug 2016

 

RTA(The Roads and Transport Authority’s Traffic and Transportation Plan 2030, was recently approved by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The approved plan includes some landmark projects such as Shindagha Crossing and Dubai Water Canal Stations ect.

 

Shaikh Mohammad expressed his satisfaction at the infrastructure projects listed in the strategic plan 2030 during his visit to RTA... Read More

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