Business

Lubna ranked 42nd among 100 most powerful women by Forbes

28 May 2015

ABU DHABI: Minister of International Cooperation and Development of UAE, Sheikha Lubna Al Qasimi, has been ranked 42nd among the 100 most powerful women in the world, according to the Forbes, an American business magazine owned by Forbes. The magazine announced that Sheikha Lubna stood first among the most powerful women in the Arab countries for the year 2015.

She ranked 55 in 2014 and 67 in the year 2013.

The magazine writes that as Minister of International Cooperation and... Read More

Turmenistan celebrates 20 years of permanent neutrality on 12 Dec 2015

28 May 2015

On 12 December 2015, Turkmenistan jointly with the international community will celebrate its milestone anniversary of 20 years of the status of permanent neutrality. The international legal status of permanent neutrality of Turkmenistan was recognized at the level of the Community of Nations by the unanimously adopted on 12 December 1995 a special resolution at the 50th session of the UN General Assembly.

At the same time-in December 1995, Turkmenistan adopted a Constitutional law “... Read More

UAE ranked among top 10 in government efficiency and economic performance

28 May 2015

Dubai: The UAE is once again ranked among top 10 countries globally in a number of parameters in the world competitiveness ranking such as government efficiency and economic performance as the country was ranked 12 overall, globally.

IMD, a top-ranked global business school in Switzerland and Singapore, on Wednesday announced its annual world competitiveness ranking. As part of its ranking of 61 economies for 2015, the IMD World Competitiveness Centre looks at several aspects of each... Read More

Top players arrive for Arab Elite Chess event

28 May 2015

UAE’s Asian champion Salem Abdul Rahman Saleh to face tough contest as championship takes off

May 27, 2015

Dubai: Top Arab chess players have arrived in Dubai to take part in the Arab Elite Chess Championship, which will begin on Wednesday evening at the Shaikh Saeed Bin Hamdan Al Maktoum Hall of the Dubai Chess and Culture Club.

The UAE’s number one-ranked player and Asian Champion Grandmaster (GM) Salem Abdul Rahman Saleh (Fide rating 2614) is the tournament’s second... Read More

Dubai World Trade Centre Authority visitor numbers reach 2.45m in 2014

28 May 2015

Visitor numbers at the Dubai World Trade Centre up 10% over 2013

May 27, 2015

Dubai: Dubai World Trade Centre Authority (DWTC Authority) said on Wednesday that visitor numbers at DWTC reached 2.45 million in 2014, up 10 per cent over the previous year.

DWTC’s performance was attributable to its focus on three strategic areas, according to a statement. First, it enabled events to continue growing with capital investment in venue capacity expansion and facility enhancement... Read More

UAE to launch business innovation award

28 May 2015

Mohammad Bin Rashid Al Maktoum Business Innovation Award comes in line with the UAE year of innovation

May 27, 2015

Dubai: Sultan Al Mansouri, UAE Minister of Economy, announced the launch of the Mohammed Bin Rashid Al Maktoum Business Innovation Award, an initiative of the Ministry of Economy in cooperation with Dubai Chamber of Commerce and Industry.

This initiative comes with the declaration of 2015 as the UAE year of innovation and in line with UAE innovation... Read More

Russia, UAE to invest in Egypt economy

28 May 2015

27 May 2015

The fund’s management held a series of meetings with partners in the region, including ministries and agencies of Egypt, Middle Eastern investment funds as well as Russian companies interested in developing business in the Middle East.

Abu Dhabi — The Russian Direct Investment Fund, or RDIF, and investors from the UAE are planning to make investments in Egypt. In a visit to Cairo earlier this week, the RDIF was part of a Russian state delegation headed by Minister... Read More

DMCC Signs an MOU with Dubai Martime City Authority

27 May 2015

27 May 2015, Dubai, UAE: DMCC, one of the world’s leading commodity hubs for trade and enterprise and the largest and fastest growing Free Zone in the UAE, today signed an Memorandum of Understanding (‘MOU’) with the Dubai Maritime City Authority.

The MOU provides a collaborative framework for DMCC Free Zone and Dubai Maritime City Authority to help promote Dubai to the maritime sector as a global destination for companies wanting to set up and expand into the GCC and MENA region. The... Read More

June 4 - Art Exhibition Paris Vintage 'Imaginary Extensions' By Didier Naert

27 May 2015

Alliance Française Dubai and ANTIDOTE are proud to present French artist Didier Naert latest artworks with the support of Sofitel Dubai Jumeirah Beach.

Didier Naert, movie set designer and artist, works on a very particular medium, the vintage photographic editions. Using that medium, he explores the potential of these old photographies as it combines the film maker’s eye and the imaginary world. Printed on aluminium or black paper board, Naert draws with gouache around the vintage... Read More

Nakheel's new Dh800m project 'The Pointe' to open in 2016

26 May 2015

Upscale dining and entertainment location is expected to open in the first quarter of 2016

May 26, 2015

Dubai: Completion of The Pointe, a project located on the Palm Jumeirah that could well become Dubai’s priciest waterfront-based dining and entertainment strip, is set for the first quarter of 2016, according to Nakheel, its developer.

Construction has already crossed the 30 per cent mark while on the leasing side, more than 100 outlets out of the 145 available have... Read More

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