Qatar Airways eyes 50 new Destinations

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(Dubai) - Qatar Airways further strengthened its network in the Middle East with the launch of its services to Sharjah International Airport and Al Maktoum International Airport at Dubai World Central, or DWC. The Doha-based airline, which…

G20 vows to add $2tr to World Economy

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(Sydney) - The world’s biggest economies vowed to boost global growth by more than $2 trillion over five years, shifting their focus away from austerity as a fragile recovery takes hold. Finance ministers and central bank governors from…

Facebook mega-deal for WhatsApp

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Facebook’s $19-billion deal for the mobile messaging service WhatsApp is a savvy strategic move by the world’s biggest social network, even if the price tag is staggeringly high, analysts say. The agreement unveiled is seen as the largest…

DSCE aligns 2030 Energy Strategy with UAE Vision 2021

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(Dubai) - Saeed Mohammed Al Tayer, vice-chairman of the Dubai Supreme Council of Energy, headed the 27th meeting of the Dubai Supreme Council of Energy or DSCE, held at its headquarters in the presence of Ahmed Butti Al Muhairbi, secretary…

Global food prices down after 3 months: FAO

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(Rome) - Global food prices declined for the first time in three months as lower prices for cereals, sugars, oils and meat outstripped gains in dairy products, the UN’s Food and Agriculture Organisation (FAO) reported. The Rome-based agency…

UAE-Italy Economic ties to reach new Heights

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(Dubai) - Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and Enrico Letta, Prime Minister of Italy witnessed the signature ceremony of two memorandum of understanding (MoU) between the…

UAE Economic Prospects Forum next week

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(Abu Dhabi ) - The UAE Economic Prospects Forum 2014 is set to be launched on February 3, 2014 at the Emirates Palace Hotel in Abu Dhabi. The Forum will be organised by Abu Dhabi Department of Economic Development and Dubai Economic Development…

Dubai Tram hits the Tracks

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(Dubai) - The Roads and Transport Authority (RTA) embarked on the technical trial run of the Dubai Tram on a track extending 2.5 km from the Tram Depot at Al Safouh. H.E. Mattar Al Tayer, Chairman of the Board and Executive Director of the…

Expo 2020 boosts Economic Growth

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The World Expo 2020 win provides a further boost to Dubai’s strong economic recovery and it will attract huge investments in almost all sectors in the emirate. This was echoed by industry specialists from real estate retail, hospitality,…

UAE tops Govt & Economy Trust Ranking

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has expressed his delight with the ranking of the UAE as first globally in government and economy confidence, according to a…

7th World Future Energy Summit Starts

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(Abu Dhabi) - His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces inaugurated the seventh World Future Energy Summit (WFES) and second International Water…

IRENA's 4th Assembly opens in Abu Dhabi

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(Abu Dhabi) - Heads of State and Ministers from over 150 countries as well as representatives from 120 international organisations gathered in Abu Dhabi for the opening of the Fourth Assembly of the International Renewable Energy Agency…

UAE to attract $14.4 bln FDI

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The UAE is expected to attract foreign direct investment (FDI) of $14.4 billion in 2014, 20 per cent higher than 2013, according to a top government official. Last year, the country also recorded a 20 per cent year-on-year growth in FDIs…

UAE Unveils Blueprint of Expo 2015 Pavilion

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Visitors to the UAE pavilion at Expo Milano 2015 will be surprised beyond belief as the first blueprint of the pavilion was unveiled. Inspired by Arabian sand dunes, the pavilion will attract visitors from all over the world and offer a…