confirmed a senior official at Dubai Festivals and Retail Establishment. But good news is in store as they are now replaced with super sales where prices may be cut by as much as 90 percent. The Dubai Festivals and Retail Establishment (DFRE), an agency of …
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Multi-million e-scrap recycling hub set for Dubai
United Arab Emirates: An investment of 120 million Emirati Dirham (US$ 32.6 million) is to be made in the construction of an advanced electronics recycling facility in Dubai, which is scheduled to become operational by the end of this year. Enviroserve UAE …
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Clothes encounter: The pop-up phenomenon
DUBAI: As social etiquette goes, it isn’t good manners to ask someone with a stunning outfit where they purchased it. But if curiosity gets the better of you and you do the undoable, chances are that they will tell you they picked it up at an …
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Dubai students’ cardboard homes to solve refugee housing crisis
Gems Young Innovator of the Year Mythri Muralikannan, a grade seven student at The Millennium School, Dubai was declared the ‘Gems Young Innovator of the Year’ for spearheading a technology-driven idea to make news headlines surrounding child deaths in …
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Katsuya’s Ninth Location Opens Its Doors In Dubai
Katsuya Dubai features a large, family-style dining area with polished white tables and warm inviting couches, while the walls are adorned with oversized backlit photographs of colorful, futuristic Samurai helmets, bringing a touch of artistic glamour.
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Keralite woman wins Rs 6.4 crore in Dubai Duty Free raffle
Dubai: Lady luck seems to be siding with the Keralites in the Gulf kingdom. Yet another Keralite woman has won a bumper lottery in Dubai. Shanti Achuthankutty, a housewife, got a whooping Rs 6.4 crore (3.67 lakh dirham) in the Dubai Duty Free raffle. The …
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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 …
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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 …
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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 …
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Salman Khan’s ‘Tiger Zinda’ Hai filming begins in Abu Dhabi
The filming for Salman Khan’s spy thriller, Tiger Zinda Hai, is going full throttle in Abu Dhabi. Its director Ali Abbas Zafar took to Twitter this week to update his fans on the rapid progress he’s making on his 65-day schedule with Khan and crew.
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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 …
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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 …
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UAE, France bilateral trade set for boost with new French president
Abu Dhabi: Bilateral trade between France and the UAE is expected to get a further boost with the election of Emmanuel Macron as the new president of France, according to economic experts. Macron who is known for pro-business and pro-globalisation policies …
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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 …
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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 …
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Abu Dhabi’s Aldar Properties Q1 net profit flat, beats estimates
ABU DHABI May 9 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 637.0 million …
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Aldar scores high on Q1-17 revenue and gross profit gains
Dubai: Aldar Properties pulled out higher revenues (up 28 per cent to Dh1.58 billion) and gross profit (a gain of 39 per cent to Dh753 million) for the first three months of 2017, in a performance markedly different from the slowdown in Abu Dhabi’s …
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