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ABU DHABI — Construction on Ferrari World Abu Dhabi, an amusement park being built on Yas Island as a key tourist attraction, is on schedule.
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DUBAI — Emirates airline has once again been recognised for its innovation and unparalleled ability to maintain economic efficiency in adverse global market conditions, winning three awards at the prestigious Airfinance Awards.
DUBAI — DP World Sokhna port experienced an unexpected huge volumes in the last five months, causing congestion at the container terminal and adversely impacting the customers.
DUBAI — UAE bourses closed mixed on Wednesday in low trade as falling oil prices and developments in the eurozone continued to weigh in on the regional markets.
DUBAI — Shaikh Ahmed bin Saeed Al Maktoum, Chairman of the Emirates
DUBAI — Emirates Float Glass, or EFG, a subsidiary of Glass LLC which is wholly-owned by Dubai Investments PJSC, has announced that its manufacturing facility in Abu Dhabi is now become fully operational, with the plant achieving 100 per cent capacity utilisation despite challenging market conditions.
DUBAI — Emirates will begin flying its A380 to Jeddah daily from June 1, following the superjumbo’s successful entrance into the market in February.
DUBAI — The Dubai Financial Market’s General Index, or DFMGI, on Tuesday slumped to a five-month low after a heavy loss from Dubai Holding Commercial Operations Group, which declared a $6.2 billion loss for 2009.
DUBAI - Rents of residential properties in Dubai are set to fall further this year on increased supply, while Abu Dhabi residents will see more trade-off between location and rental rates, according to a latest research report.
ABU DHABI - China and the Middle East are likely to expand two-way capital flows rapidly in the coming years, as investment catches up with recent fast growth in trade, the chief executive officer of Abu Dhabi financial services firm Invest AD told a conference in Shanghai on Monday.