UAE News
Global energy sector needs $48 trillion investment
03 Mar 2015
The report sets out the changing nature of the global energy mix over the next decade, which will see an increased contribution from renewables.
Abu Dhabi — Energy demand in the Gulf is set to triple in the next fifteen years far outstripping today’s supply, said the findings of a report on energy.
Closing the global energy gap will require $48 trillion of investment over the next 20 years in projects that provide additional energy generation capacity and improve the efficiency... Read More
Shaikh Mohammed forms UAE Water Aid Foundation
03 Mar 2015
The new foundation is tasked with finding sustainable solutions to water shortage through the use of solar energy to desalinate and purify water.
Dubai - In his capacity as Ruler of Dubai, His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minster of the UAE, has issued Law No. (3) of 2015 establishing the ‘UAE Water Aid...
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Dubai’s cruise tourism business hits new high
03 Mar 2015
30 ship calls with over 150,000 cruise tourists handled in Dubai in January 2015
Mina Rashid welcomes Cunard’s Queen Mary 2 and nine other ships in one week
Dubai, UAE, 24 February 2015: Dubai Cruise Tourism today announced that Dubai’s cruise season saw its busiest month so far in January 2015. The cruise terminals in Mina Rashid welcomed over 30 ship calls, bringing over 150,000 cruise tourists to the emirate in just one month, Mina Rashid also accommodated five cruise ships... Read More
Federer beats Djokovic to win record seventh DDFTC crown
03 Mar 2015
Roger Federer beats Novak Djokovic in the men’s singles final to bag seventh Dubai Duty Free Tennis Championship.
Dubai - Roger Federer made it a seventh Dubai Duty Free Tennis Championship triumph here with a 6-3, 7-5 success over world number one Novak Djokovic in the men’s singles final on Saturday night.
The 33-year-old Swiss saved two break points in his second service game and then clinically took the very first chance that came his way on the Serbian’s serve at 3-4, 30-... Read More
Developer Damac Reveals Plans to Create A Rainforest In Dubai
01 Mar 2015
The rainforest, to be created within a dome, will be located in Damac’s Akoya Oxygen project
Property developer Damac has revealed plans to create a new tropical rainforest in Dubai, within its upcoming master development, Akoya Oxygen.
The Dubai Rainforest will be located adjacent to the Trump World Golf Clubhouse, part of an open-air walkway of high-end retail and entertainment offerings.
It will recreate the natural jungle environment experienced in the deepest... Read More
Why Dubai is a must-see during winter
01 Mar 2015
Find out which other cities have won travelers’ votes
A winter holiday often conjures up images of snow-capped mountains, frozen lakes and quaint cottages. However, more and more travelers are increasingly becoming attracted to destinations that don’t turn into white wonderlands during the colder months.
Travel website gogobot.com has recently compiled a list of places that are attracting the most positive feedback from the traveling community.
Running on its third year... Read More
Dubai Expo 2020 launches UAE-wide community engagement campaign
01 Mar 2015
Beginning this week, the art showcase consists of 21 towering sculptures designed by leading global, regional and local talent, which will be unveiled across prominent UAE locations.
Dubai: Reem Al Hashimy, UAE Minister of State, Board Representative of the Dubai Expo 2020 Higher Committee and Director General, Bureau Dubai Expo 2020, on Saturday unveiled a UAE-wide multi-experience community engagement campaign for Expo 2020 Dubai under the banner of ‘For Everyone’.
Starting... Read More
Prospects of development of Kazakhstan’s transport and logistics system discussed in Dubai
01 Mar 2015
International investment forum “SILKWAY”: Creation of new logistics possibilities for trade between Europe and Asia” will be held in Dubai on March 3, 2015.
The organizers of the Forum are JSC “National company “Kazakhstan temirzholy” and global marine terminal operator DP World.
Askar Mamin, President of JSC “National company “Kazakhstan temirzholy” will address the leaders and representatives of more than 100 companies and organizations from 15 countries and answer questions... Read More
UAE Armed Forces sign agreements worth Dh3.955b at Idex
26 Feb 2015
To buy helicopters, rifles, ammunition, spare parts and radar system to detect planes
Abu Dhabi: The UAE Armed Forces entered into agreements on Tuesday worth Dh3.955 billion that include helicopters, rifles, ammunition, spare parts and radar system to detect planes.
UAE Armed Forces signed a contract with Tawazun dynamics to purchase ultra-precision guided ammunition at a cost of Dh1.530 billion. This was the biggest deal announced on Tuesday.
In other big agreements,... Read More
DAFZA contributed Dh109b to Dubai non-oil foreign trade
26 Feb 2015
Net profit rose 48% in 2014 when compared to a year earlier and revenues climbed 13%
Dubai: Dubai Airport Freezone Authority (DAFZA) contributed Dh109 billion to Dubai’s non-oil foreign trade last year, the government owned entity said on Tuesday.
Net profit rose 48 per cent in 2014 when compared to a year earlier and revenues climbed 13 per cent. The free zone did not release actual profit or revenue figures.
“We look forward with optimism this 2015 as we work to... Read More
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