Business and Economy

Kazakhstan invites foreign investment

Kazakhstan invites foreign investment

20 Sep 2018

About the main perspectives and potential of investment and economic cooperation between the countries, Ilya Urazakov, Head of the Representative Office of the State Investment and Promotion Agency of the Republic of Kazakhstan, "Kazakh Invest", told at the meeting with representatives of the UAE Media.

- "Historically, our countries have very warm and strategic relations. But turnover and investment cooperation could be much higher. According to experts from both countries, the... Read More

DFMC leads the UAE mattress manufacturing industry with 60% market share

DFMC leads the UAE mattress manufacturing industry with 60% market share

19 Sep 2018

Dubai Furniture Manufacturing Company LLC (DFMC), a market leader in premium mattress segment in the Middle East, continues to lead the UAE mattress manufacturing industry, capturing 60% of the market share.

DFMC, part of A.A. Al Moosa Enterprises, manufactures and markets two of the biggest premium mattress brands in the world, King Koil and Serta, which DFMC supplies to leading 5-star hotels across the UAE, KSA, Oman, Bahrain and India.

Sundar Rajan, CEO of Dubai Furniture... Read More

Ilya Urazakov to head Kazakh Invest Office in Dubai

Ilya Urazakov to head Kazakh Invest Office in Dubai

28 May 2018

Ilya Urazakov, previously acting as managing director, has been appointed by the decision of the Board of Directors of Kazakh Invest National Company JSC its representative to the United Arab Emirates. 

Urazakov born in 1983 is a graduate of the Washington Secondary School (the U.S.), Institute of International Relations of the Ablai Khan Kazakh  University of International Relations and World Languages (Faculty of IEA). He is fluent in Kazakh, Russian, English and German.

... Read More

Dubai villa has all the Hollywood trimmings (Video)

Dubai villa has all the Hollywood trimmings (Video)

04 Mar 2018

The National -- Surrounded by greenery, dripping in luxury and with cinema screens almost comparable to your local Vox, this villa could be mistaken for a mansion in the Hollywood Hills. While the comparisons continue with the white facade gleaming under blue skies, and swimming pool awaiting extensive social gatherings, the property is thousands of miles away from the high-life of Los Angeles.

Instead, it is nestled in Dubai's haven of tranquility - Al Barari.

This Bromellia... Read More

Muraba Residences:Your Luxury Home on the Palm

Muraba Residences:Your Luxury Home on the Palm

14 Feb 2018

Muraba Residences on Palm Jumeirah is perhaps a unique architectural project, one that offers a minimalist, international design aesthetic combined with far-reaching sea and skyline views. Not to mention it was designed by Pritzker Prize laureates RCR Arquitectes. Now, shortly after completion, developer Ibrahim Al Ghurair has unveiled the crowning glory of the building, four penthouses that take the Muraba living experience to the next level.

 

Each penthouse has an... Read More

Meraas Unveils Show Residence at Bluewaters

Meraas Unveils Show Residence at Bluewaters

10 Jan 2018

Meraas has opened doors to its luxuriously appointed Bluewaters Residence show apartment on site at Bluewaters, a mixed-use destination taking shape on a manmade island off the Jumeirah Beach Residence coastline. The show apartment offers prospective buyers a taste of the plush island lifestyle the destination’s residents are set to experience, through exclusive access to the island to personally marvel at all that it offers.

Located against the backdrop of Ain Dubai, soon-to-be the... Read More

Ideal business conditions

Ideal business conditions

14 Nov 2017

Ramy Jallad Group CEO, RAKEZ, RAK FTZ and RAKIA speaks with Aviamost about newly launched the Ras Al Khaimah Economic Zone (RAKEZ) and its upcoming development.

The government of Ras Al Khaimah has launched the Ras Al Khaimah Economic Zone (RAKEZ) this year. Please explain the role and targets of the new structure. Tell us about RAKEZ and its upcoming development.

Ras Al Khaimah Economic Zone or RAKEZ has been launched to bring together two of the fastest-growing investment... Read More

Dubai Airshow 2017 To Be Biggest Ever

Dubai Airshow 2017 To Be Biggest Ever

01 Nov 2017

The static display at the Dubai Airshow will feature over 160 of the latest commercial, business and military aircraft when the show opens on 12 November. With many coming from around the world in addition to those from the UAE, exhibitors and visitors alike can see the best that the aerospace industry has to offer at the DWC, Dubai Airshow Site.

New for this year will be the Sukhoi Superjet 100 and the Japanese Air Force Kawasaki C2, in addition to first time exhibitor Calidus... Read More

There Are Now More Billionaires in Asia than in the U.S

There Are Now More Billionaires in Asia than in the U.S

27 Oct 2017

The world’s wealthiest individuals are on a roll with billionaires in Asia leading the pack.

Independent -- Billionaire wealth increased 17 per cent to $6 trillion (£4.5 trillion) in 2016, after a decline the previous year, UBS and PricewaterhouseCoopers said in a report issued Thursday. Led by China, the number of the region’s billionaires surpassed the US for the first time.

But don’t shed a tear for the richest folks in the US – American billionaires still control the most... Read More

Saudis set $500 billion plan to develop business and industrial zone

Saudis set $500 billion plan to develop business and industrial zone

26 Oct 2017

CNBC -- Saudi Arabia announced on Tuesday a $500 billion plan to build a business and industrial zone that links with Jordan and Egypt, the biggest effort yet to free the kingdom from dependence on oil exports.

The 26,500 square km (10,230 square mile) zone, known as NEOM, will focus on industries including energy and water, biotechnology, food, advanced manufacturing and entertainment, Saudi Crown Prince Mohammed bin Salman said.

Speaking at the Future Investment Initiative in... Read More

Pages