Dubai records 4% economic growth in 2015

Dubai's economy emerged resilient and witnessed growth of around 4 per cent in 2015 despite global challenges created by the drop in oil prices, the economic uncertainties in Europe, China and Russia, and weak global demand for commodities..... Read more »

Posted on : 3/29/2016

Boom to offer supersonic speed at business class fare

A startup plans to build the fastest passenger airplane ever - faster than Concorde but with fares a quarter of the price..... Read more »

Posted on : 3/26/2016

Middle East's largest trampoline park to open in Dubai

If you think when you visit a trampoline park you will just show up and jump, think again. Flip Out Dubai will teach flips and tricks to its visitors at the largest trampoline park in Middle East to be opened soon in the emirate.... Read more »

Posted on : 3/26/2016

Major expansion planned for Dubai's Al Maktoum airport

A massive new expansion plan has been announced for Dubai’s new Al Maktoum International Airport which will enable the facility to handle up to 26.5 million passengers per year by 2025..... Read more »

Posted on : 3/25/2016

UAE to maximise industrial component in GDP: Al Saleh

Dubai: The UAE economic policy is to maximise participation from industrial sector to boost its GDP component in the country's economic growth..... Read more »

Posted on : 3/18/2016

Najd Rent-a-Car to acquire 8 new luxury cars

UAE-based Najd Rent-a-Car, a leading automotive rental provider and a member of the Al Basel Group, plans to invest Dh5 million ($1.36 million) for the acquisition of eight new luxury cars to be added to its current fleet of in 2016..... Read more »

Posted on : 3/18/2016

Exports of auto feeding industries in Egypt hit $500mn annually

<p>The total volume of Egyptian exports of auto feeding industries is estimated at US$500 million annually, Trade Minister Tarek Qabil said Thursday.</p> <p>Qabil asserted that this volume could be doubled due to the potentials that Egypt owns to grow this industry.</p>.... Read more »

Posted on : 3/18/2016

Jafza registers 52 Automotive, Aeronautics Companies in 2015

<p>Jebel Ali Free Zone ( Jafza ) registered 52 new companies in the automotive and aeronautics industry, bringing the total number to more than 435 companies from 60 countries. Trade volume from 2010 to 2014 also rose by almost 80 per cent.</p>.... Read more »

Posted on : 3/17/2016

South Africa turns on Saudi-built solar to cut coal reliance

<p>South Africa and Saudi Arabian ACWA Power launched a $328 million solar power plant in the Northern Cape province on Monday, as Africa's most industrialised country rushes to expand its power supply and cut its coal reliance. </p>.... Read more »

Posted on : 3/15/2016

Dubai's RTA awards $166m road contract to ease traffic in Karama

<p>Dubai’s Roads and Transport Authority (RTA) has awarded an AED611 million ($166.4m) contract for building an interchange to ease traffic congestion in the bustling locality of Karama. </p>.... Read more »

Posted on : 3/14/2016