UAE Business News

Mohammad opens Al Maktoum International

almaktoumairprtHis Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, opened Al Maktoum International at Dubai World Central on Sunday with the unveiling of a plaque.

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Dubai GDP growth seen at 4.7 per cent in Q2

Dxb GDPDubai’s gross domestic product, or GDP, is expected to post a 4.7 per cent growth in the second quarter of the year compared to same period last year, as the emirate witnessed a new wave of economic growth during the first six months of 2013, according to a latest report by the Dubai Economic Council, or DEC, on Saturday.

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Dubai Smart Government Launches New Apps In Gitex

dsgappDubai Smart Government (DSG) is planning to launch several new smartphone applications during the Gitex Technology Week 2013, starting from Sunday, October 20, in Dubai.The new initiatives come as part of the new Smart City project announced by Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum, a statement said.

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Shaikh Mohammad launches Dubai ‘Smart City’ project

smbrHis Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai has announced a project to transform Dubai into a “Smart City,” linking the whole emirate’s government services and the public through the use of smart devices accessed freely using high-speed wireless Internet connections.

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UAE’s PMI posts a 29-month high in September

pmiThe UAE’s purchasing managers’ index (PMI) for September shows a sharp improvement in operating conditions across the UAE non-oil private sector economy.The index, compiled by HSBC Holdings and Markit Economics posted a 29-month high of 56.6 in September, up from August’s 54.5.

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DP World Chairman Meets Ecuador President

2 10 Ecuador PresidentThe Chairman of DP World, His Excellency Sultan Ahmed Bin Sulayem, has met with the President of Ecuador, His Excellency Rafael Correa, for talks on matters of mutual interest to Ecuador and the UAE and the economic development taking place in the South American country.

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