EMIRATES EXTRUSION TARGETS 10% GROWTH IN 2015

<p>Emirates Extrusion Factory (EEF), a leading aluminium extrusion company in UAE and a subsidiary of Masharie - the private equity arm of Dubai Investments (DI), has announced plans to commission its third extrusion line at its plant in Techno Park, Dubai, which will increase its production capacity by another 7,000 metric tonnes per annum. </p>.... Read more »

Posted on : 9/3/2015

Iran deal to benefit UAE property

Prospects of an imminent end to international sanctions on Iran bode well for the UAE property market which is currently facing headwinds triggered by plunging oil prices, property consultants said..... Read more »

Posted on : 9/2/2015

Dubai Financial Market to implement Avaya solutions

The Dubai Financial Market, or DFM, has selected Avaya's SDN FX fabric networking technology to expand its network by providing a single end-to-end service and a simplified, agile and resilient infrastructure..... Read more »

Posted on : 9/2/2015

Dubai-based food company plans $20m investment

<p>Dubai-based food services company, Hotbrands International (HBI), plans to double the number of restaurants by 2020, both regionally and globally. </p>.... Read more »

Posted on : 9/2/2015

Dubai's non-oil sector stays vibrant

Dubai's economy grew 3.9 per cent with its gross domestic product (GDP) rising to Dh88.7 billion during the first quarter of 2015, spurred by vibrant logistics and trading activities..... Read more »

Posted on : 9/1/2015

UAE's non-oil trade up 6%

The UAE's non-oil trade rose six per cent in first quarter of 2015 to Dh270.1 billion as gold, diamonds and jewellery dominated in imports, exports and re-exports from the emirate, according to latest data issued on Monday..... Read more »

Posted on : 9/1/2015

New Mitsubishi spare parts have arrived in Jebel Ali Warehouse

<p>Auto Parts East Company supplies the automotive spare parts and components to major Japanese car manufacturers. It has alliances with vehicle manufacturing companies around the world who deal with the making of spare parts. It supplies a large variety of spares and components to the clients across the world.</p>.... Read more »

Posted on : 9/1/2015

Kuwait awards $4.3bn contract for terminal

<p>Kuwait’s government said it had awarded a contract to build a new terminal at the country’s international airport to the same consortium that had its earlier more-expensive bid dismissed.</p>.... Read more »

Posted on : 9/1/2015

Al Maya Supermarket signs Memorandum of Understanding with Korea Agro-Fisheries & Food Trade Corporation (aT)

<p>Al Maya Supermarket has signed a Memorandum of Understanding with Korea Agro-Fisheries &amp; Food Trade Corporation (aT) to promote quality Korean food products in GCC market, informed Mr Kamal Vachani, Group Director, Al Maya Group, who has signed the MOU on behalf of Al Maya Supermarket.</p>.... Read more »

Posted on : 9/1/2015

Investments in the UAE industrial sector amounts to Dh127b

<p>Al Ain: The Industrial sector is the second largest contributor to the UAE’s economy after oil and gas in 2014, representing about 14 per cent of the national output, Minister of Economy, Sultan Bin Saeed Al Mansouri, said in Al Ain on Tuesday.</p>.... Read more »

Posted on : 9/1/2015