UAE Business News

Dubai Ranks Among World’s Top 10 Most Influential Cities

Dxb No.7 220X150 - CopyDubai has been ranked the seventh most influential city in the world, above global cities such as Los Angeles, Beijing and Sydney, according to a new list published by Forbes magazine.

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Dubai Customs delivers 4.5m transactions in H1

 

ahmed mahboobThe total number of transactions performed by Dubai Customs during the first half of 2014 grew 10 per cent to 4.5 million transactions compared to 4.1 million in the same period last year.

 

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DP World Reports 9.3% Volume Growth

DPWorld11DP World Limited handled 29.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first half of 2014, with gross container volumes growing by 9.3% on a like-for-like  basis.  On a reported basis gross volumes grew by 10.7% with new volume at London Gateway (UK) and Embraport (Brazil) contributing to the increase.

 

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Dubai Int’l Airport stays on top in passenger numbers

Dxb Intl P - CopyMore than 5m people processed in May despite runway repair. Dubai Airport overtook London’s Heathrow as the world’s number one airport in January 2014.

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Expo to add Dh89bn to UAE economy: Reem Al Hashimi

expo2020 220 x150Expo 2020 is expected to add Dh89 billion to the UAE’s economy and will also boost various sectors of the country, said Reem Al Hashimi, UAE Minister of State and the Managing Director of the Expo 2020 executive body.

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Maritime sector contributes Dh14.4bn to Dubai GDP

maritimesectoregpdDubai maritime sector has made major leaps in terms of its direct contribution to the emirate's GDP which amounted to 4.6 per cent or the equivalent of Dh14.4 billion, Dubai Maritime City Authority ( DMCA ) said in a press statement.

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