Business
UAE economy is strong, sustainable: Al Mansoori
06 Dec 2015
Wam/Abu Dhabi
6 December 2015
Sultan Bin Saeed Al Mansoori, the Minister of Economy in the UAE said that the UAE has started reaping the fruits of its economy diversification policy. The policy was successful in moving the economy from its full dependence on a single sector, the oil sector, to depending on multiple sectors and resources.
The national economy has grown exponentially over the past few years of our country's small age. The economy today is driven by its own... Read More
Abu Dhabi-owned City Football Group sells 13% stake to Chinese investors
06 Dec 2015
The group, which owns Manchester City FC, has sold the stake for $400m to a group led by China Media Capital Holdings and CITIC Capital
6 December 2015
City Football Group, which owns the Manchester City, New York and Melbourne City football clubs, has sold 13% of its stake to a consortium of Chinese investors led by investment firm China Media Capital Holdings and CITIC Capital. The deal is valued at $400m and is subject to regulatory approvals. Overall the investors valued... Read More
We are people of peace but will fight evil with full force: Mohammad Bin Rashid
01 Dec 2015
UAE committed to principles of international law, seeks peaceful co-existence with neighbours, expand friendship with all and reject the use of force, or the threat of force, to resolve disputes and settle conflicts
WAM
1 December 2015
On the occasion of the 44th National Day of the UAE, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister and Ruler of Dubai, has issued a statement to Dira'a Al Watan, The Nation Shield, magazine.
... Read More
Khalifa unveils 10-point national programme
01 Dec 2015
Programme places emphasis on improving quality of life and diversifying economy on occasion of 44th UAE National Day
WAM
1 December 2015
UAE President His Higness Shaikh Khalifa Bin Zayed Al Nahyan announced on Tuesday a 10-point national programme to improve quality of life and diversify the economy on occasion of 44th UAE National Day.
The national programme announced by UAE President places emphasis on citizens’ happiness and well-being, maximising federal... Read More
Rotana to open 14 properties before end of 2016
30 Nov 2015
New hotels to add 3,769 rooms to hospitality group’s global portfolio
30 November 2015
Rotana Hotel Management, the Dubai-based hospitality management group, said on Sunday it will continue its expansion with the opening of 14 properties before the end of 2016.
Rotana is set to further strengthen its presence in Turkey and Bahrain, while 2016 will also see the opening of the group’s first property in the Democratic Republic of Congo (DRC).
The hotels add 3,769... Read More
UAE’s non-oil trade reaches Dh534b in H1
30 Nov 2015
Figure marks 2% increase over same period last year
30 November 2015
The UAE’s non-oil direct trade reached Dh534.1 billion in the first half of 2015, marking a two per cent year-on-year increase from the Dh521.8 billion recorded in the same six months in 2014.
According to a statement issued by the Federal Customs Authority (FCA) on Monday, non-oil imports reached Dh337.6 billion during the first half of this year — a one per cent drop from the Dh340.6 billion recorded... Read More
Rosberg pulls off a hat-trick victory at Yas Marina
30 Nov 2015
Nico Rosberg defeated Mercedes team mate Lewis Hamilton for the third race in succession on Sunday, with a commanding drive in the 2015 Formula 1 Etihad Airways Abu Dhabi Grand Prix. The world champion put in a late charge, but it wasn’t enough to stop Rosberg prevailing to score his sixth win of the season.30 November 2015
Rosberg started well from pole and was always in charge of a tactical race, even after Hamilton tried to extend his second stint so that he would have the... Read More
2015 World Air Games Dubai, will take off from tomorrow
30 Nov 2015
The limelight will turn to the skies as the 12-day 2015 World Air Games takes off in Dubai tomorrow and runs from 1 December to 12 December, 2015 . A record total of more than 1,200 athletes from 56 countries are taking part in this year’s event, giving the Dubai hospitality sector a welcome boost and further raising the global profile of the emirate as a world-class sporting and recreational venue.
30 November 2015
The Fédération Aéronautique Internationale (FAI) awarded the... Read More
Damac Properties offers buyers from China a free flight to Dubai
30 Nov 2015
The property developer Damac is seeking to entice Chinese buyers into the Dubai market by offering a free holiday to the emirate.
30 November 2015
The company and its Shenzhen-based partner Qfang, with which it signed a deal this month, has offered Chinese investors between now and the end of January the chance to visit the city with a free flight ticket, hotel stay and visa.
According to Damac, prices for its property range from Dh1.8million to Dh36.8m.
“The idea... Read More
Etisalat to offer free WiFi during 44th UAE National Day holidays
30 Nov 2015
In major shopping centres and restaurants which have good Internet connection speeds30 November, 2015
The Emirates Telecommunications Corporation (Etisalat) is offering free WiFi for their mobile phone customers in the UAE from December 1 to 5 in major shopping centres and restaurants which have good Internet connection speeds.
According to a report in the Arabic language daily newspaper Al Bayan, Etisalat is making this offer as part of the UAE’s 44th National Day... Read More
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