UAE economy to grow 4.8% this year, says Minister of Economy
ABU DHABI: The Gross Domestic Product (GDP) of the UAE has grown 236-fold in the 43 years since the establishment of the Federation, starting at just Dh1.77 billion in 1971,..
Dow Chemical CEO says not quitting Kuwait, but shifting strategy
Dubai: US petrochemicals giant Dow Chemical Co is not pulling out of Kuwait but is shifting strategy, its chief executive said on Monday, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures.
Local construction sector rides on favourable winds
Dubai: The local construction and building materials sector could have got itself some breathing space. A dollar that has been firming up quite nicely has made imports from key supplier markets such as China and southern Europe that much cheaper to source.
9km cycle track opens along Dubai Tram route
Dubai: Cyclists can now enjoy cycling adjacent to the new tramway in Dubai on Al Sufouh Road all the way to Jumeirah Beach Residence.
Top 5 UAE industries hiring right now
Dubai: There are fewer jobs available for the hundreds of UAE residents seeking new opportunities today, but certain businesses continue to expand and create additional positions.
Sharjah opens up residential investment to all expats
Dubai: Sharjah is opening up its residential property market to direct investments by non-Arab expatriates holding a UAE resident visa.
Bayerische Motoren Werke : BMW Middle East sales increase by 21%
German carmaker BMW reported nine-month growth of 21% Middle East sales, after delivering 22,786 BMW and MINI cars to customers across 12 markets acorss the region
2015 Mercedes-AMG C63 set to arrive in UAE & GCC in February
The new 2015 Mercedes-AMG C 63 and C 63 S is set to make its way to the UAE and other GCC countries in February. Bookings have already started in some dealerships.
Sri Lanka's chance to put on Asian tiger stripes
London: Sri Lanka is grooming itself to be Asia’s next tiger only five years after a bloody civil war.
Etihad, Alitalia offer concessions in bid for EU approval for stake deal
BRUSSELS: Etihad Airways and struggling Italian carrier Alitalia have offered concessions in a bid to win European Union antitrust approval for the Abu Dhabi airline’s plan to acquire 49 per cent of Alitalia.