UAE Business News

UAE launches research hub

The UAE announced on Monday the launch of the Centre for Economic Growth which will provide research into key issues SultanSaeedAlMansoorisuch as job creation in the region.Business leaders, senior officials and academic experts hailed the launch of the centre, which has been set up in partnership with INSEAD, the international business school.


DP World Announces $604 Million 2013 Profit

logo dpw hDubai-based port operator DP World announced Thursday that its profits rose nearly 11 percent to $604 million in 2013 as the company opened new ports in Britain and Brazil and expanded its operations at home in the United Arab Emirates.


Association Centre launched

dacDubai took yet another step forward in cementing its reputation as the region’s leading commercial hub today with the signing of a memorandum of understanding (MoU) to launch the Dubai Association Centre (DAC).


Dubai’s Non-Oil Foreign Trade Hits Dh1.3 trillion

nonoiltrade2014Dubai’s non-oil foreign trade scaled a new peak with a Dh94 billion jump in 2013 to hit Dh1.329 trillion in value reflecting the all-round economic buoyancy as well as the increased diversity of the emirate’s export and import markets.


Mohammed Launches Dubai Smart City

smartcityHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, today launched a strategy to transform Dubai into a 'Smart City', in the presence of  Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and General Superviser of Dubai Smart City Project, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai.


Mohammed unveils Star rating for services




His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has stressed that all service centres at ministries and federal institutions will comply with the Star System Rating.