Articles
Franck Muller Giga Tourbillon – watch out for luxury on show, inside and out
The Franck Muller Giga Tourbillon, available to buy in the UAE, is just shy of the Dh1 million mark – Dh952,000 to be very precise, a bit like the watch.
Opening of new mall lets Majid Al Futtaim tighten grip on Dubai retail sector
The Dh275 million mall houses 53 stores accounting for a gross leasable area of 23,850 square metres with four million visitors in the first year.
Majestic English-style home on Palm Jumeirah is yours for Dh45m
A Dh45million Signature villa on Palm Jumeirah has an exterior that resembles an English castle and all the trimmings that befit its location.
NMC Health posts rise in revenues but profit flat
Net profit for the Abu Dhabi-based firm dipped 0.1 per cent to $40.8m, as the half included four acquisitions that did not start generating revenue immediately.
Mena a bright spot as global smartphone sales slow
Emerging markets, including the Middle East and North Africa, are driving the growth of lower-end handsets, but China’s economic slowdown is affecting the top end of the market, according to the information technology consultancy.
Online marketplaces likely to turn unicorn myth into reality by 2025
The opportunity to build regional $1 billion online marketplaces has been unlocked, and Beco Capital already has a handful of ‘unicorns’ in the making in its portfolio.
Opening of official Apple stores in the UAE to ‘create excitement’ for its products
Apple resellers, such as Plug-Ins and E-City, are looking forward to the arrival of the Cupertino company to UAE shores.
Dubai to host 6,000 Chinese insurers and financiers’ conference
In the first six months of 2015, Dubai received 241,000 Chinese tourists, up 25 per cent compared with the same period a year earlier.
Samsung hoping Note 5 and S6 Edge Plus smartphone to take a bite out of Apple
Samsung’s latest release comes ahead of Apple’s launch of its new iPhone in the coming weeks, but analysts say that Samsung’s appetite for launching new phones is not necessarily a strong business move.
RAK free zone launches start-up competition to foster SME culture
Now open to applications until September 17, business plans for the RAK FTZ Start-up Champ Competition should be submitted to www.rakftz.com/champ.
Mercedes-Benz dealers race ahead in sales despite global slowdown
Emirates Motor Company, the German marque’s dealer for Abu Dhabi, said first-half sales surged 23 per cent compared with the same period last year, but it did not provide a specific revenue figure.
Dubai to Panama: Emirates to launch longest non-stop westerly flight in the world
The service will begin on February 1, 2016, offering a 3 class layout, operated by a Boeing 777-200 LR to Tocumen International Airport. It will be Emirates’ first destination in Central America.
A lot of zoom but not much for manoeuvre with Canon Powershot SX530 HS camera
While the camera is easy to carry and handle when shooting without the zoom, as soon as the lens is fully extended I felt it became unbalanced and unwieldy.
UAE’s hypermarket operators focus on convenience-store segment to boost revenues
The competition for supermarket customers in the UAE is increasingly visible at small convenience stores and suburban environments.
Dubai retailer Marka trims its losses in second quarter
Dubai retailer posted a loss of Dh2.14 million for the three months to June compared with a loss of Dh8.3m reported in the first quarter of 2015.
