Middle East > United Arab Emirates

United Arab Emirates

Capital: Abu Dhabi , Largest city: Dubai , GDP growth (annual %) 2016 :3.0%

East Africa: Etihad Airways Increases Frequency to Nigeria, Egypt

Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing request to and from the United Arab Emirates.

A new Saturday flight to Nigeria's commercial capital of Lagos, beginning December 2, 2017, adds to the weekend travel option, increasing frequency from four to five services each week, and offering better flexibility and convenience to local travellers.

The early morning service from Abu Dhabi and return mid-morning flight departing Lagos will as well ensure convenient connections to and from Asia and the Indian Subcontinent. Popular feeder cities include Bengaluru, Chennai, Delhi, Mumbai and Kuala Lumpur.
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Expansion continues at Abu Dhabi’s ports

Plans to expand Abu Dhabi’s ports network are moving ahead as local cargo traffic holds steady despite the slowdown in world shipping volumes over the completed year.

A series of recent announcements by government-owned operator Abu Dhabi Ports show its intent to boost capacity, introduce a new terminal operator and improve services for customers and nearby industrial tenants in the coming years.

These efforts should help prepare Abu Dhabi for next increases in cargo traffic, particularly with the recent rebound in commodity prices and world trade, of which 90% is carried by international shipping.
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China remains biggest non-oil trade partner of Dubai in Q1

China remains the biggest non-oil trade partner of Dubai of the United Arab Emirates (UAE) in the initial quarter of 2017, with a share of 13.45 % of the sheikhdom's trade volume, the Dubai government's media office said on Saturday on twitter.

Trade between Dubai and China reached 12 billion U.S. dollars in the initial three months this year, followed by that with India and the United States.

The non-oil trade of Dubai grew in the initial quarter by 2.7 % year on year to 89.10 billion dollars, the office said.
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glObserver provides the latest business news Country Analysis and Reports for t

Key Facts: Full name: United Arab Emirates
Population: 4.7 million (UN, 2010)
Area: 77,700 sq km (30,000 sq miles)
Major language: Arabic
Major religion: Islam
Life expectancy: 76 years (men), 78 years (women) (UN)
Monetary unit: 1 Dirham = 100 fils
Main exports: Oil, gas
GNI per capita: n/a
Internet domain: .ae
International dialling code: +971

interview
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Interview

Ali Majed Al Mansoori
2017/06/24
How have innovative practices been applied to help facilitate and encourage increase?

ALI MAJED AL MANSOORI: Abu Dhabi has done a great transaction to ensure innovation is catered to and included in the emirate’s various strategic objectives, and we encourage active involvement from the private sector. ADDED is mandated to support and supervise the development of science, technology and innovation, mainly through functioning as the interface between government,

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Ms. Sara Abdulrazak, Managing Director, Sisters Beauty Lounge
2013/04/02
The Middle East has always been a traditional beauty care industry right from the time of Ancient Egyptians. Skincare and hair care by means of natural products, the use of henna design & elaborate eye make up had been widely used in North Africa, by both the royalty and the commoners. The Egyptian Queen, Cleopatra was famous for her milk & honey bath and the “Balm of Mecca” cream that rendered her skin flawless, and made her stunning looks, a historical legend.

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Ghaith Al Ghaith discusses flydubai Cargo
2013/01/15
With the launch of a cargo division formerly this year, flydubai will provide a vital link to supply chain operations across the region, explains CEO Ghaith Al Ghaith.

What prompted flydubai to launch dedicated cargo operations in 2012?

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Pankaj Chaddah – Co-founder Zomato.com
2013/01/14
Zomato was founded in July 2008 by IIT Delhi alumni and has expanded its services over a span of 4 years to 16 cities across India and the UAE. The website has become Asia’s largest restaurant and nightlife guide with listings of over 48,000 restaurants.

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Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

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Dubai Year in Review 2016
2017/04/16
While low oil prices weighed heavily on a lot of of Dubai’s trading partners and neighbours, the emirate delivered a strong economic performance in 2016, buoyed by increase in key non-hydrocarbons segments, which provided an significant buffer against external challenges.

Full-year increase was expected to reach 3.7%, according to the IMF, up from 3.5% in 2015 and well above the projected average for the UAE of 2.4%.

Additional infrastructure spending in the lead-up to Expo 2020, together with ongoing expansion in areas such as retail and tourism, is expected to support new increase in the coming year and beyond.

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Credit insurance: the most cost-effective way to support SMEs’ expansion
2016/01/04
Massimo Falcioni, Chief of Middle East Nations at Coface, explains the strengths of credit insurance and lessons learned from the 2008 crisis, explaining credit insurance addresses key challenges of SMEs’ increase, such as protection against non-payments, risk assessment and monitoring, and better access to funds.

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UAE is Asia’s third strongest economy
2013/04/17
The UAE’s continuous development in competitiveness helped it to become Asia’s third strongest economy, said a think-tank in its recently-released annual statement.

“The UAE’s in general economic strength has surpassed China up to 3rd,” Boao Forum for Asia said in its Asian Competitiveness Annual Statement 2013.'

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Ziad El Chaar Managing Director of Damac Properties
2015/12/02
Damac Properties is bringing limited edition designer residences to the UAE with its collaborations with interior design branches of high-end fashion brands such as Fendi, Versace and Bugatti. Ziad El Chaar, Managing Director of Damac, provides an insight to the real estate landscape in the UAE and the impact of Expo 2020.

If we look at the luxury segment in the real estate sector, would you acknowledge that there is like a higher competition in that segment of the market? And what are, in this context, the distinguishing features of Damac offering, particularly in collaboration with world iconic brands?

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US-UAE Business Council
2015/11/08
The UAE represents a historic ally in the region for the United States and is its major export market in the Middle East and North Africa (MENA). President of the US-UAE Business Council Danny E. Sebright has no doubt that with the strong diplomatic affinity, defense and security ties, inclunding economic interests—in areas such as trade, education, and healthcare—bilateral US-UAE relations are set to reach a new high. Here, he as well discusses the world connectivity potential of Dubai’s Expo 2020.

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