‘Dubai Business’ Archives
Schools with poor ratings get deadline to act
The 25 Dubai schools rated as 'unsatisfactory' have three months to lift their game.Expansion plans of about 25 public and private sector schools that are rated "unsatisfactory" by the Dubai Schools Inspection Bureau (DSIB) of the Knowledge and Human Development Authority (KHDA), would be stopped if they do not improve their ratings within the [...]
Dubai Holding in finance review
Dubai Holding has hired financial consultants to review the finances of two of its largest units. This follows moves by Dubai World, another of the emirate’s three major government-owned conglomerates, to seek fresh terms on US$24.8 billion (Dh91.09bn) of loans last year. A source familiar with the company’s plans confirmed a report by [...]
UAE’s largest building contractor posts fall in Q1 profit
Dubai-listed Arabtec Holding, the largest contractor by market value in the United Arab Emirates ( UAE), posted on Monday a 16 percent drop in profit for the first quarter of 2010 compared to the same period last year. The company profited 134.5 million dirhams (about 36.6 million U.S. dollars) in the first quarter of 2010, Arabian Business, [...]
DOMOTEX Middle East and R+T Middle East 2010 open today
Abdul Rahman Saif Al Ghurair, Chairman of the Dubai Chamber of Commerce and Industry (DCCI) has today (Monday, May 10, 2010) opened DOMOTEX Middle East 2010, the only dedicated carpets and floor coverings exhibition in the Middle East and North Africa region, at the Dubai International Convention and Exhibition Centre. Organised by Deutsche [...]
Business Bay DCS project enters Phase 3
Emirates Central Cooling Systems Corporation (Empower) began the third phase of the 70.000 refrigeration tonne (RT) district cooling network for the Bay Square within the Business Bay project in Dubai, the company announced on Sunday. The company has already completed two phases of the project, supplying an area stretching along Dubai’s [...]
Dubai Duty Free wins key Business Traveller award
UAE. Dubai Duty Free has won the ‘Best Duty Free Shopping’ award for the ninth consecutive year at the Business Traveller Middle East awards ceremony, which was held in Dubai on the eve of the Arabian Travel Market 2010. The company, which achieved record sales of US$1.14 billion in 2009, came out on top in a readers’ survey conducted [...]
ATM 2010 wraps up in Dubai
WAM DUBAI, May 7th, 2010: Arabian Travel Market 2010 has closed on a high note today as four days of the Middle East's premier travel and tourism event clearly reflected the industry's built-up momentum for growth. With significantly increased number of participants and visitors maximising every opportunity at further developing renewed business [...]
Flight test: Emirates A380
Aircraft Emirates A380. Route Sydney to Dubai (A380); Dubai to Munich (Boeing 777-300). Class Business on the A380 (seat 14A) and on the 777-300 (seat 8F).
Outlook bright as office rents ease
Dubai: Abu Dhabi recorded an increase in business competitiveness as office rents fell 23.7 per cent in the first quarter compared to a year ago, but a bottoming is in sight, according to the CB Richard Ellis Group's semi-annual Global Office Rents survey. Dubai is among the 10 most expensive office markets in the world with rents at $108.92 [...]
Emirates Air Lashes Out at White House
DUBAI — Emirates Airline's president said Thursday that the carrier complied with U.S. security rules before allowing the Times Square bombing suspect to board a flight for Dubai and blamed President Barack Obama's administration for exaggerating the airline's role. "We're not a security agency," Tim Clark told Zawya Dow Jones in a [...]
