Business & Money | Monday 10 October, 2016 3:17 am

Largest-Ever GULFOOD Manufacturing Attributed to DUBAI’S Industrial Strategy Vision

The third edition of Gulfood Manufacturing, the Middle East’s biggest food manufacturing, processing and packaging, logistics and materials handling exhibition, will return to Dubai World Trade Centre (DWTC) from 7-9 November 2016 with an impressive 20 per cent larger growth compared to its...

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Business & Money | Monday 10 October, 2016 3:11 am

Entrepreneurs’ Organisation signs MoU with UN Global Compact

Entrepreneurs’ Organisation (EO) UAE, the local chapter of the dynamic global network of entrepreneurs, this Wednesday signed a memorandum of understanding with the UN Global Compact. The UNGC have made it their mission to make businesses around the world responsible with innovative business...

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Business & Money | Sunday 9 October, 2016 4:10 pm

Nakheel’s AED3 billion hospitality expansion reaches new milestone as first hotel at Ibn Battuta Mall opens for business

The first of two Nakheel hotels at Ibn Battuta Mall in Dubai is now open, marking another major milestone in the developer’s AED3 billion hospitality expansion programme. The 372-room hotel, managed by Premier Inn Hotels LLC, was inaugurated today (Sunday) at a ceremony led by Nakheel...

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Tourism & Hospitality | Sunday 9 October, 2016 12:55 pm

Air Arabia ranked 3rd among top 50 airlines in the world

Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, has secured the third spot in a list of top 50 global airlines compiled by UK-based ‘Airfinance Journal’. ‘The Airline Top 50’ report evaluated the performance of 137 airlines based on a ...

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Business & Money | Sunday 9 October, 2016 5:39 am

Dubai Customs: Dubai’s non-oil foreign trade at AED 647 billion in H1 2016

Dubai saw a remarkable 17% upsurge in the total volume of traded goods in the first half of 2016, rising as high as 49 million tons of commodities from 41 million tons the same period last year.   Dubai’s non-oil foreign trade added up to AED 647 billion from January to June 2016....

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Business & Money | Sunday 9 October, 2016 4:12 am

NAMA Women Advancement Establishment supports ‘Investing in the Future’ conference in a strategic partnership

The second edition of ‘Investing in the Future’ (IIFMENA), a conference that aims to invalidate false assumptions and cultural stereotypes obstructing women's development in the MENA region, has announced its first strategic partnership with NAMA Women Advancement Establishment...

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Environment & Energy | Sunday 9 October, 2016 3:56 am

Dubai announces another year of positive results and savings for the Demand Side Management Strategy 2030

The Dubai Supreme Council of Energy launched its 2015 Annual Report for the Demand Side Management Strategy at WETEX 2016.   The Council announced another year of positive results of the Demand Side Management (DSM) strategy of Dubai, which delivered over 5% of electricity consumption...

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Tourism & Hospitality | Sunday 9 October, 2016 3:49 am

Etihad Airways Honored With Three Treasury Awards

Etihad Airways’ treasury team has once again been acknowledged for airline treasury management excellence with three key accolades at the 2016 Middle East, African & Islamic Finance Aviation 100 Awards presented by Airline Economics in Dubai this week.   Following a string of...

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Tourism & Hospitality | Sunday 9 October, 2016 3:11 am

More than 100 Participants at Flag Island during 1st Workout Session by Shurooq and Spartan Race

Organisers of the Spartan Race and the Sharjah Investment and Development Authority (Shurooq) proudly kicked off its first workout sessions yesterday (Friday) which took place on Flag Island in Sharjah, from 9:00 AM until 10:00 AM.   The workout sessions were part of a campaign to...

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Business & Money | Saturday 8 October, 2016 5:35 am

British Pound Descent Against the Dollar

A rapid descent in the pound against the dollar Friday, referred to as a “flash crash,” set tongues wagging across global trading floors as to what triggered the rare event. After the pound crashed more than six percent against the dollar in under 10 minutes during Asian trading hours, ...

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