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Month: June 2019

Posted on 03/06/2019

Abu Dhabi economic growth set to rise, says S&P

LONDON: The economic growth rate in Abu Dhabi is set to rise to 3 percent by 2022, up from 1.9 percent last year, ratings agency S&P said in a report distributed on Sunday. Real gross domestic product …
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Posted on 03/06/2019

Sharjah to attract global publishers with facility

Signalling a landmark achievement for the UAE publishing sector, the Sharjah Book Authority (SBA) have signed an agreement with Ingram’s Lightning Source to bring the world’s best print-on-demand (POD …
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Posted on 02/06/2019

Abu Dhabi GDP growth could average 2.5% during 2019-22

Abu Dhabi: Abu Dhabi’s real GDP (gross domestic product) could push its way back to higher growth on increased oil production and a revival in investments, according to S&P Global Ratings. Growth is …
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Posted on 02/06/2019

50 years on: Dubai’s duty free legend Colm McLoughlin

Colm McLoughlin, executive vice chairman and CEO of Dubai Duty Free, will celebrate 50 years in the duty free industry on June 1. Widely recognised as an industry legend and known as the driving force …
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Posted on 02/06/2019

Abu Dhabi’s appetite for regional growth

According to Abu Dhabi’s Tourism and Culture Authority, the hotel market experienced a 7% increase in supply last year, currently standing at 168 properties with 32,971 keys. In terms of implications …
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Posted on 02/06/2019

UAE tech retailers confident of Huawei sales for now

The Huawei store in Dubai Mall. The current crisis being faced by Huawei may affect future models, retailers said. Image Credit: Clint Egbert/Gulf News Dubai: Huawei smartphones are unlikely to be …
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Posted on 02/06/2019

Ramadan property sales in Dubai steady last 4 years

Real estate transactions in Dubai during Ramadan have been consistent for the past four years, with 2015 seeing a spike in sales, said Property Finder, a pioneering real estate portal in the Mena …
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Posted on 02/06/2019

Dubai Internet City leads the way for growth of Indian Tech SMEs

In line with the UAE’s vision to make Dubai a world leader in technology, the new partnership aims to position Dubai as an attractive destination for Indian firms looking to establish a footprint in …
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Posted on 02/06/2019

Sharjah Ruler allocates Dhs550 million to scientific research

His Highness Dr Sheikh Sultan Bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah, and President of American University of Sharjah, AUS, has announced the allocation of Dhs550 million for …
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Posted on 02/06/2019

Indian Business and Professional Council: Unifying the business community

The Indian Business and Professional Council, Dubai, provides a forum for prospective business inflows and professional opportunities in the UAE Formed in the year 2003, the Indian Business and …
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Posted on 02/06/2019

Abu Dhabi GDP Growth to Average 2.5% Through 2022, S&P Says

Abu Dhabi’s economic growth will average 2.5% in the four years through 2022 as it benefits from higher oil production and prices, S&P Global Ratings estimated. Abu Dhabi’s economy still depends …
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Posted on 02/06/2019

Dubai: City of the future

In a riveting display of artificial intelligence and technology, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, arrived on the opening day of the World Government Summit, a …
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Posted on 02/06/2019

Ramadan property sales in Dubai consistent for last 4 years, reveals Property Finder

In 2015, 13% of overall property sales in Dubai were during Ramadan Ramadan has coincided with summer since 2008 It is a good time to look for deals since there is less competition in the market June …
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Posted on 02/06/2019

UAE-Based Solar Developer Yellow Door Energy Aims To Empower Emerging Economies Reliably, Efficiently, And Sustainably

Today’s businesses face challenges such as rising costs and uncertain utility prices, along with being tasked to do more with less money and fewer resources. UAE-based solar developer Yellow Door …
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Posted on 02/06/2019

Thousands gather for the AI Everything event in Dubai

With more companies undertaking AI projects than ever before and new technologies making headlines on a regular basis, it is important to examine the ethics behind it. AI Everything took place this …
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Posted on 02/06/2019

UAE’s Etisalat reveals first device to access 5G network

UAE telecoms giant Etisalat on Thursday said its subscribers … The breakthrough achievement in 5G will enable subscribers to unleash highly connected technologies blending physical and digital …
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Posted on 02/06/2019

UAE- Dewa appoints consultancies for Hassyan Desalination IWP Project

(MENAFN – Khaleej Times) The Dubai Electricity and Water Authority … The desalination plant will use the most efficient and proven art technology available at the mark. The plant will supply …
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