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January 30, 2017

Expo 2020 Dubai announces 47 construction contracts worth AED 11bn for 2017

Expo 2020 Dubai will award 47 construction contracts worth AED 11 billion (3.0 billion USD) in 2017 as preparations for the first World Expo in the Middle East, Africa and South Asia continue to gather pace.

A further 98 non-construction contracts totalling more than AED 360 million (98 million USD) will also be distributed before the end of the year. These will range from legal advisory services to event management and merchandising.

The construction contracts for 2017, which are open to local, regional and international businesses, include the third and final infrastructure package for the event’s support areas, including car parking.

Other key awards for the [...]

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January 29, 2017

RTA extends operation of Smart Vehicle in Business Bay to Feb 22nd

The Roads and Transport Authority, in collaboration with Dubai Properties, announced the extension of the trial run of the autonomous vehicle deployed in the Business Bay by another month ending in Feb 22nd. The decision has been taken in response to the encouraging number of users of the vehicle, which is 1500 persons. The 10-seater vehicle has been deployed to shuttle over a 600 meter-long track in the Business Bay following the successes of the initial two phases of the trial operation at the Dubai World Trade Center and the Mohammed bin Rashid Boulevard.

“The trial run of the driverless vehicle in the Business Bay marks the third phase of the trial operation following the [...]

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January 24, 2017

RTA adopts seven initiatives to mark Year of Giving 2017

HE Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has approved seven initiatives to be undertaken by RTA in response to the declaration of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, of the Year 2017 as The Year of Giving in the UAE.

“The UAE’s designation of 2017 as The Year of Giving complements the benevolent drive initiated by the late Sheikh Zayed bin Sultan Al Nahyan, whose generous hands had reached out to the needy across the globe. Giving and charity have become a firm tradition and practice of the UAE under the leadership of HH Sheikh Khalifa bin Zayed Al Nahyan, President of [...]

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January 1, 2017

Mohammed bin Rashid: looking forward to a bright future in 2017

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum congratulated everyone on the occasion of the new year of 2017.

On his official twitter account, Sheikh Mohammed thanked everyone for an incredibly eventful year full of successes and major developments.

Sheikh Mohammed went on to wish everyone a happy new year and prayed to Almighty Allah for peace and prosperity to the United Arab Emirates and the entire world. He further wished for a bright future for all in 2017.

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December 27, 2016

Hamdan bin Mohammed issues directives to accelerate implementation of Dubai Industrial Strategy 2030 initiatives

Strategy is projected to increase Dubai’s total GDP by AED165 billion by 2030

As part of His Highness’ follow-up on the implementation of the Dubai Industrial Strategy launched by Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum to elevate Dubai into a global platform for knowledge-based, sustainable and innovation-focused industries, Crown Prince of Dubai and Chairman of The Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has issued directives to intensify efforts to accelerate the implementation of the Dubai Industrial Strategy, as part of achieving Dubai’s unified vision and [...]

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December 26, 2016

UAE Forecast for the Next Three Years – The Business Leaders’ Point of View

Written by Emanuela Lertora 

Over the last three months, KPMG has surveyed some of the UAE’s key decision makers, CEOs and leaders from top organizations and emerging businesses, across economic sectors, to better understand their views and strategies regarding current and future market opportunities and challenges. All CEOs involved in the study were confident that their organizations would grow over the next three years, with 60% of the CEOs confident that organic growth—such as expanding their customer base or entering into new business lines or geographies—would most effectively drive stakeholder value over the next three years.

KEY GROWTH GENERATORS FOR THE [...]

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December 12, 2016

Dubai Chamber eyes stronger Russian ties

As part of its efforts to explore new business opportunities for its members and promote Dubai as a global business hub, Dubai Chamber of Commerce and Industry recently conducted a study mission to St. Petersburg, Russia. The trade mission aimed to familiarise the Chamber with commercial opportunities in Russia’s second largest city, and showcase the benefits of trading with Dubai, in addition to its strategic position that provides easy access to growth markets in Africa and Asia.

During the three-day mission, the Dubai Chamber delegation met with several representatives of the city’s public and private sectors, including the St. Petersburg Chamber of Commerce, the Economic [...]

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December 7, 2016

Voting for Superbrands 2017 has commenced

Superbrands, the independent authority and arbiter of branding, announced that the voting process to choose the brands in the UAE which will be recognised and honoured as a Superbrand 2017 has commenced.

Superbrands is by invitation only, and the brands which have been successfully graded or voted through independent research and the stringent Superbrands Council selection processes can participate in the Superbrands Programs.

Speaking on the stringent selection and voting process, Mr Mike English, Director, Superbrands Middle East, said, “The Superbrands programme identifies those brands which have captured the imagination of the general public. We do this by compiling [...]

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