March 2019 — Topical news of the United Arab Emirates

March 4, 2019 no comments 1551
ASGC, one of the leading construction groups in the UAE, has started work on the Address Harbour Point Hotel, a luxury hospitality project comprising two towers located next to Creek Heights in Dubai, following its appointment as the main contractor by Dubai Creek Harbour. Located on Creek...

March 4, 2019 no comments 1147
Movies to be screened at Ibn Battuta Mall, Dubai Festival City Mall, IMG Worlds of Adventure Novo Cinemas will show some of the Oscar-nominated movies that have featured on the big screen in the past 12 months. For a limited period, and at select venues, Novo Cinemas will show...

March 4, 2019 no comments 1082
Exclusive: SmartCity Kochi Infrastructure Ltd CEO Manoj Nair said the company has held preliminary talks with some of the leading hospitality majors and real estate firms SmartCity Kochi, the futuristic Indian IT project being promoted by the investment vehicle of Dubai’s ruler, is...

March 4, 2019 no comments 1209
Trading in aluminium and zinc futures will begin on the exchange later this month Dubai's Gold and Commodies Exchange (DGCX) is to launch new two new base metals futures contracts covering the aluminium and zinc markets. The exchange, which already offers a copper futures...

March 4, 2019 no comments 1055
DAFZA’s investment in new expansion projects DUBAI- The Dubai Airport Freezone Authority, DAFZA, has announced that its 2019 budget has increased significantly to AED1 billion. DAFZA’s investment in new expansion projects is estimated to be around AED780 million representing 78...

March 3, 2019 no comments 3086
Expo 2020 Dubai data will be used to make a business case for companies to participate in future world expos The organisers of the American pavilion at Expo 2020 Dubai will be gathering data to present the business case for companies participating in future world expos, according to...

March 3, 2019 no comments 1302
Strategy seeks to build on Dubai's position as a strategic trade link between east and west, and north and south Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved the Dubai Silk Road strategy that seeks to build on the emirate's position as a...

March 3, 2019 no comments 1338
Order book hits $3.5B, close to 4.7 times oversubscription Emirates Development Bank (EDB) on Saturday announced that it raised $750 million (Dh2.75 billion) through five-year bonds at 3.516 per cent coupon rate and was strongly oversubscribed. The UAE government-owned lender,...

March 3, 2019 no comments 1140
Dubai's biggest bank secures spot among the top 100 global banking brands, according to new report Emirates NBD has been named as the UAE’s most valuable banking brand with a $4.04 billion valuation in The Banker’s annual brand valuation league table. The Dubai-based bank also...

March 3, 2019 no comments 1348
Private sector has to play a major role in strengthening the local healthcare industry: Avivo Group CEO UAE-based healthcare company Avivo Group plans to further expand its presence in the Gulf countries and North Africa amid growing opportunities and strong demand for healthcare...

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