UAE News

Dubai World Air Games promises ‘awe-inspiring’ show

28 Oct 2015

More than 1,200 entries confirmed for fourth edition of the event

28 October 2015

Dubai: An “awe-inspiring” edition of the 2015 Dubai World Air Games (WAG) is on the cards at the SkyDive Dubai from December 1-12, according to members of the event’s higher organising committee. The final programme and schedule for Dubai WAG 2015 was finalised and released to the international and UAE media representatives at a press meeting at the Jumeirah Beach Hotel in Dubai late on Monday.... Read More

Manufacturing, world economy are key decisions at global summit

28 Oct 2015

Syrian crisis, refugee crisis are most urgent challenges globally

28 October 2015

Abu Dhabi: Decisions regarding the future of manufacturing in the UAE, and the future of the world economy are two of the key decisions that were made during the World Economic Forum’s Summit on Global Agenda, the event’s co-chair said.

“The message from this event is how we are able to come up with a clear agenda on the world’s situation.

Mainly, when it comes to the UAE, [the key... Read More

UAE tops Mena region in ease of doing business ranking

28 Oct 2015

Country ranked 31 globally, ahead of GCC peers

28 October, 2015

 

Dubai: The UAE has ranked top in Middle East and North Africa (Mena) region in the World Bank’s ranking of ease of doing business.

While the UAE is ranked top in the Mena region in the World Bank ranking of ease of doing business, it is ranked 31st globally compared to a ranking of 22nd position last year.

UAE is far ahead of the rankings of some of its regional peers such as Qatar (68),... Read More

Abu Dhabi Global Market announces capital’s financial free zone ‘open for business’

27 Oct 2015

Abu Dhabi Global Market, the UAE capital’s financial free zone, has declared itself “open for business” and ready to accept applications from potential member firms.

“Today marks an important achievement in our journey to develop ADGM, an international financial centre in the heart of the capital of the UAE, a centre of wealth and a gateway to the growing economies of the region and beyond,” said Ahmed Al Sayegh, the chairman of ADGM, who has overseen the two-and-a-half year... Read More

HH Sheikh Hamdan Bin Rashid Al Maktoum opens Gulfood Manufacturing 2015

27 Oct 2015

The 2015 editions of Gulfood Manufacturing, the Speciality Food Festival, Sweets & Snacks Middle East and SEAFEX – running at Dubai World Trade Centre (DWTC) until Thursday 29 October - were inaugurated today by His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, and UAE Minister of Finance.

Joining His Highness Sheikh Hamdan bin Rashid Al Maktoum were His Excellency Helal Saeed Almarri, Director General, Department of Tourism & Commerce Marketing (DTCM)... Read More

Don’t miss Dubai Aquarium’s new Kraken’s Lair exhibit!

27 Oct 2015

Mysteries of the deep will be revealed to visitors in a new attraction at Dubai Aquarium and Underwater Zoo.

27 October 2015

The Kraken’s Lair exhibit opens on October 30 – in time for Halloween – and features octopuses and other cephalopods.

Visitors will get to see a range of species including squid and cuttlefish, which have the ability to disguise themselves, mimic other animals, change shape and colour as well as manipulate their environment to escape predators.... Read More

Shaikh Mohammad reaffirms commitment to excellence

27 Oct 2015

He underlines the importance accorded to equipping all residents of Dubai, whether Emirati or expatriate, with the knowledge and skills that will make the UAE still greater

27 October 2015

Dubai: A new guide, The Business Year: Dubai 2015, features first-hand accounts of the latest infrastructure initiatives and policy reforms in the emirate as well as the opportunities presented by them to businesses and investors worldwide

The guide is a comprehensive publication on... Read More

UAE on track to achieve high growth, Minister of Economy asserts

27 Oct 2015

The UAE Minister of Economy says number of new initiatives to spur the economy

26 October 2015

Abu Dhabi: The UAE is set on a path to maintain high growth despite the economic uncertainties in the world, weakening oil prices and regional instability, the UAE Minister of Economy said on the second day of the Global Agenda Summit in Abu Dhabi on Monday.

“We have drafted a vision for many sectors to be developed by 2021. We plan to ensure that 5 per cent of the total GDP is... Read More

Emaar said to plan mall, hotel venture for Expo 2020

27 Oct 2015

The UAE’s largest developer by market value to build the properties in a joint venture with Dubai World Trade Centre

Dubai: Emaar Properties PJSC, owner of the world’s largest mall, plans to build a shopping centre and several hotels on the Dubai site that will be used to stage the World Expo 2020, two people with knowledge of the matter said.

The UAE’s largest developer by market value will build the properties in a joint venture with Dubai World Trade Centre LLC, said the... Read More

Oil at $80 seen as ideal in next phase - UAE economy minister

26 Oct 2015

The minister said the world could not afford to let oil stay at its current level, which is roughly $50 a barrel for Brent crude

By

Reuters

The level of $80 a barrel is seen as an ideal price for oil as the world economy moves to higher growth, the United Arab Emirates’ Minister of Economy Sultan bin Saeed al-Mansouri said on Sunday.

“The minister of energy looks at $80 as the ideal price of oil as we go to the next phase,” Mansouri told reporters before the start... Read More

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