The Muhr Gulf Short Category is now complete, with the second slate of films announced to the line-up for the 15-strong category at the 12th edition of the Dubai International Film Festival (DIFF). Premiering the latest and greatest short films…
Category: Dubai2020
Dubai-based Nakheel has invited bids for two contracts.
Jebel Ali Free Zone gets positive outlook from Fitch Ratings
For full coverage of business developments in the Middle East, see MEED. Fitch Ratings has revised Jebel Ali Free Zone’s (JAFZ’s) outlook to positive from stable and affirmed its long-term Issuer Default Rating (IDR) at BBB-. Fitch has also affirmed…
Fitch lifts DP World’s outlook on higher cash flow margins and acquisitions
Fitch Ratings has revised UAE-based port operator DP World’s (DP World’s) outlook to positive from stable and affirmed its long-term issuer default rating (IDR) at BBB-. Fitch has also affirmed DP World’s senior unsecured rating at BBB- and its short-term…
Dubai’s Empower says district cooling boom continues
The Middle East’s district cooling industry is getting steadily stronger as developers, owners and tenants of buildings in the region increasingly recognise the economic and sustainability benefits of a technology that uses up to 50 per cent less energy than…
Legoland Water Park to come to Dubai
Dubai Parks & Resorts has agreed to work with Merlin Entertainments to build Legoland Water Park in Dubai. The park will have a wave pool, a raft river and an imagination station. This is the sixth attraction agreed by Dubai Parks…
Expo 2020 launches procurement portal
Companies seeking opportunities in the World Expo 2020 can register with the Expo 2020 esourcing portal https://esource.expo2020dubai.ae.
Deloitte forecasts sustainable real estate trends and strong growth in hospitality in Dubai
Dubai’s real estate market will follow a more sustainable pattern in 2015 but the emirate’s hospitality industry will continue to boom this year, according to the first Real Estate Predictions report launched this week by Deloitte Financial Advisory. “Dubai’s property…
Dubai residential prices to fall by up to 10 per cent in 2015: JLL
Activity in Dubai’s real estate market was subdued in the first quarter of 2015, according to a report released today by JLL. “The Dubai real estate market continued to experience subdued activity during the first quarter of the year. Residential…
Emirates celebrates cricket World Cup with umpire testing plan
Emirates has announced it will run testing centres for cricket fans and potential cricket umpires as part of its support for the the ICC Cricket World Cup in Australia and New Zealand which started on 14 February. The centres will be…
Dubai Metro reports almost 15m riders in January
Dubai Metro’s ridership rose to a record monthly level of 14.8m in January while more than 300,000 people used Dubai Metro in the month, Dubai’s Roads & Transport Authority (RTA) announced today. The Red Line accounted for 9.5m of the total.…