Implementation of five basic principles of transition to a socially-oriented free market economy during the years of independence has enabled the country to achieve desired results, provide sustainable economic growth and improve national welfare in a short historical period.
As a result of reforms, the structure of the economy was radically changed, a reliable legal framework for dynamic economic development and favourable investment climate were created.
This is supported by... Read More
WAM -- Dubai perfumes and cosmetics trade stood at AED5 billion in the first quarter of 2017, according to Dubai Customs.
The trade included AED3 billion of imports and AED2 billion in exports and re-exports. Similarly, in 2016, Dubai external trade in perfumes and cosmetics reached around AED21 billion.
This information was disclosed by Nassim Al Maheiri, Head of Statistics and Studies at Dubai Customs’ Strategy and Corporate Excellence, during a workshop organised by Dubai... Read More
Stage set for 7th Annual Investment Meeting (2017) from 2-4 April 2017 at the Dubai International Convention and Exhibition Centre under the theme ‘International Investment, Path to Competitiveness & Development’
Ministry of Economy in the UAE has announced key insights on the 7th Annual Investment Meeting (AIM) agenda, which will be held in Dubai from 2nd- 4th April 2017 at the Dubai International Convention and Exhibition Centre under the theme ‘International Investment, Path to... Read More
Forum group is on track to deliver first-of-its kind luxury villa project at the Palm Jumeirah by the end of 2017. The international property conglomerate, which unveiled its iconic development - XXII Carat at the Palm Jumeirah West Crest, said residents of the Mediterranean architectural inspired villas will enjoy a luxury hotel-inspired lifestyle offering spacious accommodation with exclusive access to private beachfronts spanning 720 feet with 360° views of Dubai city and the Arabian Gulf... Read More
Inkas Vehicles LLC is a worldwide leader in the production of top-of-the-line armored vehicles, certified as per international standards and based in Dubai, United Arab Emirates, since 2012. Its range of vehicles include luxury armored SUV’s, armored sedans, armored busses, APC’s and Cash-in-Transit vehicles, tailor-made to your needs with 24/7 assistance, flexibility, competitive rates and quick delivery. Its 110,000 sq. ft. facility includes four workshops, glass and laser facilities along... Read More
London may have recently been named as the world capital for luxury store openings in 2016, but when it comes to a place that is vying to be the ultimate destination for luxury shopping tourism, the Middle East is set to take this crown.
Despite cities such as Paris, London and New York, the United Arab Emirates (UAE) has established itself as luxury shopping paradise with more than 50 shopping mega malls, regular shopping festivals, and leading designer goods, available tax-... Read More
His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), earlier this week welcomed His Excellency Nursultan Nazarbayev, the President of the Republic of Kazakhstan, as a high level delegation from Kazakhstan visited DIFC for a series of meetings and presentations, in presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee and His Excellency Abdul Rahman Bin Mohammed Al Owais, Minister of Health and Prevention.
... Read More
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, honoured 32 companies that were named winners of the 9th cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award, and the 1st cycle of the MRM Business Innovation Award, at a prestigious ceremony held at Dubai’s Madinat Jumeirah Arena on Tuesday.
Held under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, the ceremony was hosted... Read More
In fewer than three decades, Dubai has transformed itself from a regional centre to a global one. This success was not based on oil reserves, but on reserves of human talent, ingenuity and initiative inspired by visionary leadership. Based on the video ‘The Journey: HH Sheikh Mohammed bin Rashid Al Maktoum’ showing the transformation Dubai has undergone in the past 65 years.
Port Rashid in 1972
For centuries, Dubai has been known as ‘the city of merchants’. During the... Read More
In anticipation of their participation at Gulfood 2017, Japan External Trade Organization (JETRO) hosted a seminar highlighting the healthy Japanese diet, characteristics of authentic Japanese products and the fusion of these ingredients in World Cuisine. Inaugurated by His Excellency Hisashi Michigami, the Consul General of Japan in Dubai, the event provided a platform to promote traditional Japanese ingredients and better explore trade prospects with guests from the food and hospitality... Read More