Dubai non-oil foreign trade rises 13% in Q3

DUBAI  17 November 2017: Dubai economy showed economic progress despite challenging regional and global economic conditions. Dubai’s non-oil foreign trade increased to Dh344 billion in the third quarter of 2017, an increase of 13% year-on-year from Dh305 […]

$27 billion Flydubai order for 225 Boeing 737 MAX

Third aircraft order in airline’s 8-year history DUBAI 16 November 2017: Dubai-based Flydubai yesterday announced a commitment to a US$27 billion order for 225 Boeing 737 MAX aircraft to support the growth of its fleet. This […]

Which painting sold for $459,000 @ Dubai auction?

Inaugural Sotheby’s auction nets $3.6 million DUBAI 16 November 2017: Attracting participants from five continents and 33 countries, with bidders spanning the whole Middle East, Sotheby’s Dubai inaugural auction took in US$ 3.6 million this week. […]

UAE upgrades to Mirage 2000-9 jet fighters

Sign Dh3.3 billion deals on day 3 of Dubai Airshow DUBAI 15 November 2017: The UAE Armed Forces has announced their intention to contract with Dassault Aviation and Thales to upgrade their Mirage 2000-9 aircraft. This […]

New IPO: Adnoc Distribution to be listed on ADX

ABU DHABI 15 November 2017: Plans to list a minority stake in Adnoc Distribution, the UAE’s largest fuel distributor and convenience store operator, on the Abu Dhabi Securities Exchange (ADX), have been confirmed by Dr Sultan […]

GCC goes for electric cars, rides UAE groundwork

GCC adopt draft UAE regulations for electric vehicles ABU DHABI 14 November 2017: GCC countries have adopted the UAE’s draft regulations on the use of electric vehicles, thanks to their positive features which take into account […]

Dubai Airshow kicks off with $15.1 billion order

Emirates places order for 40 Boeing 787 Dreamliners DUBAI 13 November 2017: Emirates, the world’s largest international airline, yesterday announced a US$15.1 billion (Dh55.4 billion) commitment to buy 40 Boeing 787-10 Dreamliners. In the presence […]

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