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The Shams 1 solar power project was launched in the UAE

The Shams 1 solar power project was launched in the UAE

In March 2013, the Shams 1 solar power project was commissioned in the United Arab Emirates, becoming one of the first large-scale commercial solar energy facilities in the Middle East. The power plant, located in the Emirate of Abu Dhabi, marked an important milestone in the UAE’s strategy to diversify energy sources and develop renewable energy...

Authors: Alliance Business AdvisorsRead more
Cyprus bank crisis. Are  the Cyprus banks bankrupt?

Cyprus bank crisis. Are the Cyprus banks bankrupt?

How to save money. What to do...

Authors: Alliance Business AdvisorsRead more
Lukoil is moving to Dubai, UAE

Lukoil is moving to Dubai, UAE

There are commonly three main reasons why a number of oil companies from different countries including “Lukoil Overseas” move to Dubai, UAE as the place to set up business. The first reason is that UAE, as you all know, is the oil reach country in the oil rich region which gives additional perspectives to work in the region or to have closer relationships with other oil and oil related companies to participate in business projects in the region and the other countries of the world...

Authors: Alliance Business AdvisorsRead more
New amusement park of Dh 900 million

New amusement park of Dh 900 million

The largest water park in the Middle East has been opened in Abu Dhabi at a cost of Dh 900 million (USD 245 billion). Yas Water World area of 150 thousand square meters is located on Yas Island, famously known by its world’s largest theme park Ferrari World Abu Dhabi and the race track, “Formula 1» Yas Marina Circuit...

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Dubai Shopping Festival reaches a peak of DHS 117 billion within 17 years

Dubai Shopping Festival reaches a peak of DHS 117 billion within 17 years

Since 1996, the number of visitors of Dubai Shopping Festival increased from 1, 6 million to 4, 3 million by 2012, which is 68, 7 % rise. The total spending of the Annual Dubai Shopping festival is expected to be raised to Dhs 117 billion ($31, 88 billion) in 17 years...

Authors: Alliance Business AdvisorsRead more
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