Expo 2020 spending boosts Dubai economy

A key gauge tracking business conditions in Dubai in April registered its fastest one-month growth in more than two years, with the construction sector receiving a boost in the run-up to Expo 2020. Emirates NBD’s latest Dubai Economy Tracker Index rose ... ( read original story ...)

NYSE executives to woo Aramco IPO in upcoming Saudi visit

RIYADH/DUBAI A New York Stock Exchange (NYSE ... as top exchanges around the world vie to win slices of Aramco's initial public offering IPO-ARMO.SE, expected to be the largest in history. Aramco plans to list about 5 percent of its shares, mostly on ... ( read original story ...)

Why you should invest in Dubai’s real estate market

It does seem surreal for boundless vistas of desert to co-exist with some of the planet's most magnificent property and man-made waterways. To its credit, Dubai has made this seem less like a paradox. This megapolis of 2.7 million people is rapidly growing ... ( read original story ...)

UPS Joins with Expo 2020 Dubai as Official Logistics Partner

MISSISSAUGA, May 9, 2017 /CNW/ - Expo 2020 Dubai has chosen leading global logistics firm UPS (NYSE: UPS) to handle the logistics operations for World Expo 2020 Dubai, which is expected to attract millions of visitors between its opening day on October 20 ... ( read original story ...)

Dubai economy gains momentum at the start of second quarter

New business continued to rise for the fourteenth consecutive month in April. Average cost burdens increased at a modest pace across Dubai’s private sector in April, with the rate of inflation broadly in line with the trend recorded over the current 14 ... ( read original story ...)

Abu Dhabi’s Aldar Properties Q1 net profit flat

Aldar Properties, the state-linked builder of Abu Dhabi’s Formula One circuit, reported a small drop in first quarter profit on Tuesday but beat analysts forecast. Aldar made a net profit attributable to shareholders of Dhs637m ($174m) in the three ... ( read original story ...)

UAE enhances metrology capabilities

Abu Dhabi: A newly designated national metrology institute could help the UAE save up to Dh6 billion over the next decade, government officials announced in the capital on Tuesday. The Emirates Metrology Institute (EMI) in Abu Dhabi, now the UAE’s ... ( read original story ...)