Business & Money | Friday 30 September, 2016 5:30 am

DAE announces closing of Joramco acquisition

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it had closed the acquisition of 80% of Jordan Aircraft Maintenance Limited from The Abraaj Group. The agreement to purchase was previously announced on 20 September 2016.   Dubai Aerospace Enterprise (DAE) Ltd is a globally...

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Business & Money | Friday 30 September, 2016 4:33 am

Luxury property brokerage Tamleek Real Estate Co. to recruit 240 by year end

Dubai-headquartered Tamleek Real Estate Co. has sold properties worth over 2 billion Dirhams in a short span of six months after recently winning exclusive partnerships with Al Habtoor City, Kempinski Residences Business Bay and Adagio by Al Manazil.   Business is booming and following...

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Technology & IT | Friday 30 September, 2016 4:14 am

Hitachi Launches New Machine Room-Less Elevator for Asia and the Middle East

Hitachi, Ltd. (TSE: 6501, “Hitachi”) and Hitachi Building Systems Co., Ltd. announced today that on September 30 they will launch a new machine room-less elevator for Asia and the Middle East. This elevator will be gradually released over time across countries in both...

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Cars & Autos | Friday 30 September, 2016 3:55 am

Dramatic Lexus LC 500 Race Car Revealed

Lexus has unveiled a dramatic race car based on the all-new LC 500 - well ahead of the luxury coupe's arrival in showrooms around the world. Striking body work for the LC 500 race car incorporates boldly widened fenders, muscular skirts, large spoiler and rear diffuser and multiple vents for ...

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Environment & Energy | Friday 30 September, 2016 3:40 am

OPEC agrees to deal to cut oil output

OPEC shocked markets with a deal to cut oil output after Saudi Arabia allowed Iran to be exempted, but analysts warned Thursday the move would not likely have a lasting impact. The cartel’s announcement of the first reduction in eight years sent crude prices surging up to six percent...

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Tourism & Hospitality | Friday 30 September, 2016 3:35 am

Dusit Thani Maldives wins Gold Travel Weekly Magellan Award

Dusit Thani Maldives, a Thai inspired 5-star luxury resort, recently won, for the second year running, the coveted Gold medal in the luxury hotel/resort category of the prestigious Travel Weekly Magellan Awards.    Arranged by US based publication Travel Weekly, an influential B2B...

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Tourism & Hospitality | Friday 30 September, 2016 3:09 am

VICE PRESIDENT OF SWIS-BELHOTEL INTERNATIONAL MOVES UP THE RANKS IN HOTELIER MIDDLE EAST’S POWER LIST 2016

In his second year as Vice President Operations and Development of Middle East, Noel Massoud has moved up 5 spots in the eight edition of the Power List by Hotelier Middle East, the premier tourism and hospitality magazine of the GCC region, for his role in the massive expansion of the hotel chain, ...

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Tourism & Hospitality | Friday 30 September, 2016 3:06 am

Aquaventure Waterpark Launches its First Annual Pass Ready for Winter Fun in the Sun

UAE waterpark fans can rejoice as Aquaventure at Atlantis, The Palm announces the launch of its first Annual Pass. Offering unlimited access to the award winning waterpark, guests can also enjoy a variety of member benefits including preferential rates at Dolphin Bay and Sea Lion Point, discounts...

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Tourism & Hospitality | Friday 30 September, 2016 2:07 am

NATHAN OUTLAW AT AL MAHARA OPENS ITS DOORS. ‘FOOD SO GOOD IT SHOULD BE OUTLAWED!’

When the iconic Burj Al Arab Jumeirah announced it would be collaborating with critically acclaimed seafood connoisseur, Nathan Outlaw back in March, it was the talk of Dubai. Now the doors of Nathan Outlaw at Al Mahara are finally open, not only does the restaurant deliver on flavour, hospitality, ...

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Business & Money | Friday 30 September, 2016 1:31 am

STME Wins ‘SMB Client Security Implementation of the Year’ Award

STME, the Middle East’s leading IT solutions provider and systems integrator (SI), headquartered in Dubai, won the ‘SMB Client Security Implementation of the Year’ award at the recently concluded inaugural SMB Innovation Awards.   STME received its award for the...

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