Business & Money | Sunday 14 August, 2016 11:06 am

Julphar reports first half earnings

Julphar Gulf Pharmaceutical Industries, the largest generic pharmaceutical manufacturer in Middle East and North Africa (MENA), announced sales revenue of AED 759.7 million in the first half of this year.  The company posted a gross profit of AED 465.7 million and its net profit for the...

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Tourism & Hospitality | Sunday 14 August, 2016 10:44 am

Marina Mall Abu Dhabi to host Back to School Fashion Show

The capital’s leading shopping destination, Marina Mall Abu Dhabi, is welcoming the new school year with a back-to-school children’s fashion show and pop-up shops from 24-26 August, 2016.   Complete with a fully equipped stage including a runway and lights, and featuring the...

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Business & Money | Sunday 14 August, 2016 10:21 am

Modules for first heat recovery steam generator on the way to Egypt

The modules for the first heat recovery steam generator (HRSG) for the Siemens Mega project in Egypt have begun their journey from South Korea to the Beni Suef power plant. On its arrival in mid-September, the boiler is scheduled to be installed at the plant. NEM, as part of Siemens, is delivering...

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Tourism & Hospitality | Sunday 14 August, 2016 10:14 am

Golden Sands Hotel Apartments heads to India to build awareness and boost inbound tourism

Golden Sands Hotel Apartments, part of A.A. Al Moosa Enterprises and pioneered the concept of hotel apartments in the region, announced its participation in a 10-day road show to India to promote Dubai as a key destination for Indian travellers. From August 22 to 31, the team of Golden Sands...

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Business & Money | Sunday 14 August, 2016 10:08 am

DAMAC Properties Dubai reports net profit of AED 1.94 billion in first half of 2016

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) (“DAMAC” or the "Company"), a leading developer of high-end property in the Middle East, today announced the financial results for the six months ending 30 June 2016.    During the first six months of 2016, DAMAC...

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Business & Money | Sunday 14 August, 2016 7:51 am

Dubai home rents to become cheaper

Average residential rents in Dubai dipped one per cent in the second quarter 2016 compared with first quarter, CBRE said on Wednesday, expecting “rental declines to continue in coming quarters.” “Although there are some signs of stability within specific sub-markets, we can...

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Tourism & Hospitality | Sunday 14 August, 2016 7:48 am

Eid holiday impact: Dubai shoppers help create new jobs

Dubai private sector companies signalled a positive start to the third quarter of 2016, with overall business conditions improving at the fastest pace since March 2015. This was evident in the rise in the Dubai Economy Tracker Index, which went up from 54.6 in June to 55.9 in July. The best...

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Business & Money | Sunday 14 August, 2016 7:47 am

2,280 hybrid taxis in Dubai by 2021: Al Tayer

The Roads and Transport Authority (RTA) has approved the five-year plan of the Dubai Taxi Corporation Projects & Investment Initiatives 2016-2021. The plan serves the strategic goals of the RTA to provide advanced transit systems capable of bringing happiness to users. "The five-year ...

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Business & Money | Sunday 14 August, 2016 7:45 am

Your drive to RAK is being carefully watched

Brigadier Dr. Mohammed Saeed Al Hamidi, Director General of Central Operations, Ras Al Khaimah Police, confirmed that speed radars installed last October have achieved an increase of 274.10 per cent in traffic violations, from cutting lanes to cutting red lights. The digital cameras installed...

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Beauty & Style | Sunday 14 August, 2016 7:15 am

Shoe Mart launches Back to School collection across all stores

Giving every reason to celebrate children’s ‘Back to School’ ritual; Shoe Mart has more reasons than one to look forward to a trendy, smart and comfortable academic year ahead.   Shoe Mart’s offerings makes back to school shopping easy, with an eclectic range in...

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