Media In – Sharjah May 31 2018 / WAM / Sharjah Tourism and Tourism Development Authority (SCTDA) has announced the first edition of the Sharjah Summer Festival for two consecutive months from 11 July to the end of August 2018. This is in line with the success of the Sharjah …
Read More »3.6% Tourism growth in Abu Dhabi and Dubai during the first three months of this year
MEDIA IN, Abu Dhabi, May 31, 2018 (WAM) The number of tourists in Abu Dhabi and Dubai grew by 3.6% during the first three months of this year compared to the same period in 2017. The hotel occupancy rate rose by 1.2% and room occupancy by 5.7%, according to the …
Read More »AED 10.7 billion profit of 19 UAE banks in 3 months
Media In – Abu Dhabi 30 May 2018 / WAM / Net profits of 19 national banks reached AED 10.7 billion during the first three months of 2018, a growth of 12.3% compared to AED 9.52 billion in the same period of 2017. Experts in the sector described the performance …
Read More »Ras Al Khaimah Economic Zone allows the licensing of “business centers”
Media In – Ras Al Khaimah May 30, Ras Al Khaimah Economic City (RAKIA) has announced that it has been authorized to license business centers in the emirate as part of several recent initiatives to improve the business environment by providing outstanding services to the business community. Mohammed Al Mahmoud, …
Read More »Abu Dhabi Economic Zone “: exempting the completed enterprises licenses since 24 months of late fees
Media In – Abu Dhabi 30 May 2018 / WAM / The Department of Economic Development – Abu Dhabi (ADED) has issued a decree exempting the economic establishments that have expired for more than 24 months and applying for renewal of their economic license, liquidation or cancellation of all outstanding …
Read More »Foreign transfers of foreign workers in the first quarter were AED 43.5 billion
Media In – Abu Dhabi 29 May 2018 / WAM / The value of foreign remittances in the UAE rose to AED 43.5 billion in the first quarter of this year, an increase of AED 6.5 billion and a 17.3% increase compared to AED 37.1 billion in the first quarter …
Read More »AED 1.5 billion in hotel revenues in Abu Dhabi within 3 months
Media In – Abu Dhabi 29 May 2018 / WAM / In the first quarter of this year, hotel revenues in Abu Dhabi reached 1.5 billion dirhams, with the number of rooms provided by the sector rising to 31,483 rooms and increasing the occupancy rate to 78% and 2.7% growth …
Read More »Emirates operates the A380 to Hamburg
Media In Dubai, May 28, 2018 (WAM) Emirates, the largest international carrier in the world, today announced the launch of its Airbus A380 to serve one of its two daily flights between Dubai and Hamburg. The airline will celebrate its maiden flight using the A380 to the German station where …
Read More »$ 315 million acquisition of Dubai Ports by Cosmos Agencia Maritima
Media In / Agencies / Dubai, May 28, 2018 Dubai Ports World (DP World) today closed the acquisition of Cosmos Agencia Maritima SAAC, a US $ 315.7 million integrated logistics provider. DP World and Amdino Investment Holding announced on March 18 that DP World would acquire 100 per cent of …
Read More »“Land Department” The Real Estate Disposal project is developing the first digital real estate market in Dubai
Media In Dubai, May 28, 2018 (WAM) The Dubai Land Department has announced the development of the “Real Estate Real Estate” project, the first digital real estate market in Dubai that allows investors to make real estate investment decisions through a complete set of digital procedures without the need for …
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