Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai here this morning met Charles O. Holliday, Chairman of Global Federation of Competitiveness Councils (GFCC) and the Board members participating in the third Annual GFCC Meeting and Summit.
The three day summit is being attended
Dubai: Dubai’s Direct exports and re-exports reached Dh143 billion in the first six months of 2012, Sami Al Qamzi, Director General of the Dubai Department of Economic Development, announced on Wednesday.
He said: “Dubai’s direct exports and re-exports for the first six months of 2012 have already reached Dh143 billion, whereas it was Dh172 billion
Brussels/Madrid: Spain’s four nationalised banks will more than halve their balance sheets in five years, slash jobs and impose hefty losses on bondholders, under plans approved by the European Commission on Wednesday.
The measures open the door for nearly €40 billion (Dh188 billion, $52 billion)in Eurozone bail-out funds for the state-rescued b
Dubai: To avoid the risk of relying on main partners, Dubai Economic Council (DEC) called for diversifying trade by targeting new markets, Hani Al Hamli, Secretary General of Dubai Economic Council said.
He said: “Participation in international trade has enabled the economy of Dubai to diversify and grow.”
“However, to reflect the real vision of t
Dubai: Drydocks World has entered into a multi-million dirham contract with Premier Oil, a well-known oil exploration and production company with interests in several countries, to build a subsea facility for the Solan oil field at its Dubai-based premium shipyard.
The contract was signed at a gala ceremony in the presence of His Highness Shaikh
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