Transit passengers are the core target so that the people not only pass through the airport but also get a feel of the city.
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Abu Dhabi: Saudi Arabia’s Public Investment Fund (PIF) plans expansion overseas as well as invest within the country to diversify its economy, a top executive of the country’s sovereign wealth fund said in Abu Dhabi. PIF formed in 1971 has 200 investments with 90 per cent of it being within the country. The fund has […]
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Dubai: Real gross domestic product (GDP) growth in the Gulf Cooperation Council (GCC) is expected to moderate in 2019, with production cuts impacting the oil sector and only a limited strengthening in the region’s non-oil economic activity, according to economists. “We see aggregate GCC government spending growth decelerating in 2019 versus 2018, resulting in non-oil […]
Spanish pavilion at Expo 2020 Dubai will be made up of multi-purpose spaces that visitors can use to explore, sit, read, congregate or even rest
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Dubai: South Indian state of Kerala’s property market is feeling a bit under water… and it has nothing to do with the floods that devastated the state in August last year. Instead, it has everything to do with the tough job market in the Gulf, with the Kerala economy being the most reliant on foreign […]
Dubai Airports announces plans to elevate the airport customer experience as it unveils a new brand for Dubai International
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum More…
In his capacity as Chairman of the Abu Dhabi Executive Council, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown More…
Dubai: The World Bank will establish an office in Abu Dhabi Global Market, after it signed an agreement to do so on Tuesday during the World Government Summit. The new bureau will serve as the World Bank’s platform in the UAE and will exercise its full functions including the facilitation of research on relevant policy […]
Dubai: Arabtec Holding reported on Wednesday its net profit more than doubled in 2018 to reach Dh256 million as revenues rose. Net profit in the fourth quarter of the year stood at Dh74 million, a 64 per cent jump over the same period in 2017. The figures mark a second consecutive year of profitability for […]