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

Abu Dhabi activates Global Manufacturing & Industrialisation Summit

<p>The UAE Ministry of Economy and the United Nations Industrial Development Organization (UNIDO) are holding the activation ceremony at the Mubadala Development Company’s Strata Manufacturing plant in Al Ain, which will commence the series of events which will grace New York Beijing and London in a bid to build public, political and corporate support for cross-national and cross-sector initiatives in manufacturing.</p>.... Read more »

Posted on : 9/1/2015

DuBiotech and EnPark business partners up 20%

Dubai Biotechnology and Research Park (DuBiotech) and the Energy and Environment Park (EnPark) on Sunday said its new business partners rose a combined 20 per cent in the year to July, underlining the Tecom Investment free zones' popularity as a regional springboard for businesses..... Read more »

Posted on : 8/31/2015

Dubai first-half corporate earnings surge to $4.1b

Driven by strong banking sector growth, Dubai's corporate earnings expanded 3.7 per cent year-on-year to $4.1 billion in the first half of 2015, The banking sector, which contributed 12.4 per cent to the Dubai Financial Market's incremental earnings, recorded 32 per cent growth in the first half. However, this was partly offset by another index heavyweight, the real estate and construction sector (-9.9 per cent).... Read more »

Posted on : 8/31/2015

UAE, Italy boost trade ties

Business relations between the UAE and Italy reached a greater height with the stakeholders converging on a single platform at the 'UAE Days in Toscana', held in Pisa this weekend. The event marked the end of a long-wait for the traders who craved for striking deals to boost their fortunes..... Read more »

Posted on : 8/29/2015