UAE Business News

Dubai delivers on its promises - Meydan chief

DUBAI RECORD: The $2.7bn Meydan racecourse shows the emirate can deliver its promises.The on-time completion of the $2.7 billion Meydan racecourse is a reminder to the world that Dubai delivers on its promises, the chairman of the project has told Arabian Business.


Dubai Customs steps ahead in implementing strategic plan

Mr. Ahmed Butti Ahmed, Director General of Dubai Customs said today after meeting an Afghani delegation which included the Minister for Customs affairs, Sherif Allah Ibrahim, the Director General, Abdul Jaleel Jumeirati, and the senior consultant, Martin Van Welken that in the coming two weeks Dubai Customs will unveil 2 initiatives that will contribute in solidifying the reputation of Dubai and contributes in its economic and social development.


Airbus opens modern material & logistics centre

Airbus Material and Logistics Centre in the Middle East has been officially opened at the Dubai Airport Free Zone in the United Arab Emirates in a ceremony with his Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, and Tom Enders, Airbus President and CEO.


Global free zone business aims to take on the world

Dubai World has launched Economic Zones World (EZW) — an entity that will oversee and develop its global free zones, special economic zones and specific business and industrial zones operations in the future.

The company said that EZW plans to invest US$7.9bn (AED29bn) to set up and manage industrial zones within the UAE and abroad over the next three to five years in strategically important areas and specifically in emerging economies in including Asia, Africa, the Middle East, Eastern Europe and Latin America.


Significant rise in Dubai's Water Bus users - RTA

Significant_rise_in_Dubais_Water_Bus_users_-_RTAOver 43,351 passengers were ferried in 11,100 trips by the Water Bus operated by the Road and Transport Agency's (RTA) Marine Transport Agency in June this year, according to statistics recently released by the Agency.Newswire WAM quoted Husain Ali Al Saffar, Director of Operation and Maintenance Dept at RTA's Marine Agency as saying “June 2009 statistics show an increase of 12,052 passengers of the waterbus compared to the same month last year”.