Dubai finance and economy news and features
Latest business and financial stories posted on AMEinfo.com
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Siemens to expand power supply network in the United Arab Emirates
Siemens Energy has received an order worth approximately EUR30m from Dubai-based Federal Electricity and Water Authority (FEWA) as part of power supply network expansion. The order from the United Arab Emirates covers the supply of a turnkey substation in Fujeirah, one of the northern emirates. Four substations will also be modernized there.
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Schneider Electric to showcase expert energy solutions at MEED conference
Schneider Electric, a global specialist in energy management, is demonstrating its wide range of solutions to maximize energy efficiency in buildings at MEED's upcoming Building Sustainable Communities in Qatar conference.
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Las Vegas-based The Light Group opens Caramel Restaurant and Lounge in DIFC
Caramel Restaurant & Lounge, operated by The Light Group-Dubai, officially opened its doors on March 7th 2010, in the Dubai International Financial Centre (DIFC), Level 2, Building 3, ushering in the next generation of hospitality in the city.
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Emirates doubles up on Heathrow double-decker
Emirates is to add another A380 to its London Heathrow route from 1st July this year, making the popular superjumbo experience more widely available to passengers.
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New Yorker opens its 777th store in Dubai
New Yorker, the international fashion brand, has brought its fashion label to Dubai Mall, Dubai. The brand which fashions trendy youthful styles today opened its flagship store at Dubai Mall, setting a new milestone of 777th store worldwide.
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Al Bustan Centre and Residence participates in UITT travel exhibition
Al Bustan Centre and Residence, a deluxe property which offers world-class services and facilities in the city, is participating in the UITT travel exhibition in Kiev, Ukraine between March 24 to March 26.
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Dubai Chamber workshop focuses on building successful brand
In line with its strategic objective of supporting the development of business by identifying best business practices to enhance its stakeholders' performance and competitiveness, the Dubai Chamber of Commerce and Industry's Business Support Department organised a training workshop on the "Essentials of Building a Successful Brand" at the Chamber premises on Thursday.
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Batelco, official telecommunications partner of Bahrain International Circuit
Batelco, as the official telecommunications partner of Bahrain International Circuit, is delighted once again to be providing its world-class communications services for the 2010 Gulf Air Bahrain Grand Prix.
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Saeed Mohammed Al Ghandi and Sons and Iveco launch new Trakker at Commercial Vehicles showcase in Dubai
Saaed Mohammed Al Ghandi & Sons and transportation giant Iveco have unveiled the Iveco New Trakker at the region's only specialised event for the Commercial Vehicle industry, Commercial Vehicles Middle East.
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Foreign investors purchase Dhs1.232bn worth of shares on DFM during the last week, and sold Dhs1.148bn
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (7 Mar. - 11 Mar.) reached Dhs1.232bn comprising 43.7% of the total value of stocks traded during the period.
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Mannai Trading Company participates in Qatar's first Consumer Protection Forum
Mannai Trading Company, the sole dealer of iconic automotive brands Cadillac, Hummer, GMC, Subaru and Opel in Qatar, took an active part in Qatar's first Consumer Protection Forum on Wednesday, 17th February 2010. The day-long conference was organized by the Consumer Protection Department of Qatar in association with the Qatari Institute of Business & Trade at the Sheraton Hotel, Doha. Mannai Trading Company participated in its capacity as exclusive distributor of genuine GM parts for Cadillac, Hummer and GMC vehicles in the country.
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DIC offers young regional 'Technopreneurs' platform to demonstrate creativity at DemoCamp Dubai 2010
The entrepreneurial spirit continues to be dynamic in the GCC region, according to Majed Al Suwaidi, Director of Commercial Operations at Dubai Internet City, one of the largest managed ICT clusters and a member of Tecom Investments.
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Renaissance Dubai Hotel announces the promotion of key culinary posts
Renaissance Dubai Hotel announces the promotion of key culinary posts such as Andreas Kurfürst who has been promoted as Director Food &Beverage at Renaissance Dubai and Amgad Zaki as new Executive Chef.
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The Ministry of Finance hosts workshop on internal audit and the risk assessment process
The joint internal audit section at MoF held a Workshop at the ministry's headquarters in Abu Dhabi on the inception and the development of the Internal Audit and Risk concepts and the importance of the risk assessment process. This builds on the need to continue developing financial control systems for federal bodies at best standards and practices.
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Logistics Solutions Center to open in the Dubai Logistics City
On April 15th 2010, EPS has the pleasure to show to UAE the first warehouse technology center based at the Dubai Logistics City (DLC), the Logistics Solutions Center (LSC). Based on the same success of the Institute Applied for Warehouse (IAW) in Germany, the E+P Group aims to share their logistics knowhow by providing comprehensive support logistically and by demonstrating the newest warehouse technologies Live at their new show room.
