Newsletter – February, 2013.
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. The new water park has 43 rides, slides and attractions for all ages, including 5 unique water slides and can accommodate up to 6.000 visitors at a time. This
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. It is actually higher than the gross domestic product (GDP) of at least 110 countries. According to the World Bank statistic, 85 countries such as Yemen, Libya, Ethiopia, Jordan, Latvia,
UAE Retail Sector Fastest Growing
UAE Retail Sector Fastest Growing The retail sector has been one of the fastest growing sectors in the UAE for the past few years, and the country is emerging as the most attractive retail destination in the world on the back of a strong economy, rising population, increasing consumer confidence, and soaring domestic consumption. As per the findings of the report, there has been a rise in the construction of retail mall space in the country. Moreover, Dubai has become the hub of retail construction developments in the UAE.
Dubai Exports Expedite Services
Dubai Exports Expedite Services Dubai Exports’ vision to support and promote world class exporters in Dubai, the Export Resource Centre (ERC) provides practical help to businesses either looking to start up or expand their export operations. The Dubai Exports promotion agency of the Department of Economic Development in Dubai, has closed a extremely successful year, facilitating Dh5 billion worth of exports through local firms and factories in 2012, as against three billion dirhams in 2011. The networking and
Open Business in Dubai, UAE
Open or Set up Business in Dubai, UAE Dubai is not only the oriental tale, grown from the sand and amazing its guests by its luxury and comfort. Dubai is the contemporary mega city with enormous number of international business which is opened and successfully operating in Dubai and other Emirates of UAE. Business in Dubai, UAE – how hard or easy is to set up business in UAE ? Opening business in Dubai, UAE is pretty easy and fast. The extent of bureaucracy in Dubai is relatively low whereby the UAE governmental