DUBAI INVESTMENTS  H1 PROFITS SURGE BY 47%

دبي للاستثمار تسجل 47% ارتفاعاً في أرباحها الصافية للنصف الأول من العام

DUBAI INVESTMENTS  H1 PROFITS SURGE BY 47% Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), has today reported a 47% surge in net profits to AED 302 million for the 6-month period ended 30 June 2021 as compared to AED 205 million for the same period last year. The increase in net profit for the period is mainly due to enhanced performance of the manufacturing and contracting and investment segments. Total income for the period also increased by 51% to AED 1.72 billion…

Euromonitor webinar assesses prospects for global travel and tourism

يورومونيتور إنترناشيونال تقيم ندوة عبر الإنترنت

 Euromonitor International – the leading market research firm – will host a webinar with WTM Global to discuss the prospects for the global travel and tourism market. Called ‘Travel Industry Update with Euromonitor 2021’, the webinar will feature Caroline Bremner, Head of Travel and Tourism Research at Euromonitor International. The virtual event will take place on 25th March, 2021, starting at 6pm GST (2pm GMT) on WTM Global Hub [www.hub.wtm.com] With almost 25 years of experience at Euromonitor International, Bremner is a regular commentator on trends for World Travel Market. She…

Nakheel’s Palm Tower nears completion

برج “ذا بالم تاور” التابع لشركة “نخيل” يشارف على الانتهاء

52-storey landmark mixed-use development reaches new heights at the heart of Dubai’s Palm Jumeirah  The Palm Tower, Nakheel’s new 52-storey landmark development on Dubai’s Palm Jumeirah is now almost 95 per cent complete, with all components due to open by October this year. Soaring 240 metres above the world-famous island, the iconic building is in the advanced stages of fit out, with all exterior cladding completed. Located at the heart of the award-winning Palm Jumeirah, The Palm Tower offers sweeping, uninterrupted views of the island, the Arabian Gulf and the…

ME spend on international leisure travel to exceed pre-COVID levels by 10% in 2024

YouGov and Tourism Economics survey for ATM 2021 says 47% of total 2019 ME travel spend went on international leisure trips 37% of total ME travel budget was spent on domestic leisure travel in 2019, which will be exceeded this year Domestic & short-haul travel will lead the recovery According to a recent YouGov survey, commissioned by Reed Exhibitions, the organiser of Arabian Travel Market (ATM) 2021, the amount of money that Middle East travellers spend on international leisure travel, will begin to exceed 2019 pre-COVID levels, in as little…

KPMG Survey: Saudi Female Business Leaders Poised for Growth

القيادات النسائية في السعودية مستعدات لتحقيق النمو

International Women’s Day Survey covered 675 female leaders from 52 countries 47% of Saudi female leaders do not expect Covid-19 to slow down progress on diversity and inclusion 92% of global and 80% of Saudi female leaders say we are still a long way from gender diverse boards and management teams  KPMG’s Female Leaders Outlook 2020 is being published in Saudi Arabia for the first time. The survey, conducted in 2020, covers 675 female leaders from 52 countries, including 25 from Saudi Arabia. The initial results of the survey were…

Are females the better drivers? (International Women’s Day 2021)

Are females the better drivers? (International Women’s Day 2021)

Dubai, United Arab Emirates,  To mark the international women’s day on March 8, we want to shed some light on ‘Who are the better drivers, females or males?’. This question captures the attention around the globe and RoadSafetyUAE wants to share some UAE specific insights. The data was extracted from the ‘UAE Road Safety Monitor’, a long-term perception and attitude research project which has been running for the past 6 consecutive years. Thomas Edelmann, Founder and Managing Director of RoadSafetyUAE explains: “Female drivers often don’t receive the due appreciation for…

Buying Fresh, Better Quality Food, With Personal Wellbeing in Mind  is Driving Changes to UAE Shoppers since the Global Pandemic

سلوكيات المتسوقين في دولة الإمارات تتغير نحو شراء المأكولات الطازجة

4 in 10 adults are buying better quality foods in general as a result of the pandemic. Half of adults see the nutritional content and the naturalness of their food & drink as being more important now as a result of the pandemic. Half of adults are choosing foods that help boost immunity more often while almost half (46%) are taking supplements to fend off Covid-19 more often. 1 in 3 adults are ‘scratch’ cooking and learning to cook using recipes more often as a result of the pandemic. Dubai,…

ON THE EVE OF THE REVERSO’S 90th ANNIVERSARY, JAEGER-LECOULTRE UNVEILS A SPECIAL TRIBUTE EDITION IN BURGUNDY RED

ON THE EVE OF THE REVERSO’S 90th ANNIVERSARY,

As the Reverso approaches its 90th anniversary in 2021, Jaeger-LeCoultre reinterprets one of its most admired models. Issued in a limited edition, with a burgundy-red dial and pink gold case, the Reverso Tribute Duoface Fagliano pays tribute to a design of rare longevity. Created in 1931, at the height of Art Deco period, the Reverso was developed to meet the demands of the newly fashionable ‘sporting gentleman’ – specifically, the polo player. A masterful integration of form and function, with its clean lines and flip-over case, it has become one…

Lootah Real Estate Development reveals top 7 drivers of UAE real estate’s recovery in 2021

Lootah Real Estate Development reveals top 7 drivers of UAE

The UAE is projected to see a V-shaped recovery from the impact of COVID-19, gauging from the notable pick up in trade and tourism sectors and the renewed positive sentiments brought about by historic immigration rules and peace deals spearheaded by the country LRED’s Industry Insights Report underlined UAE’s series of historical immigration rules, game-changing regulatory amendments, Expo 2020 developments and higher appetite from Dubai renters to become homeowners will significantly fuel the recovery and growth of the country’s property market The leading global position of the UAE in key…

Virtual to Live-Fire: InVeris Training Solutions Invites IDEX 2021 Attendees to Experience Its Unrivalled Military Training Portfolio

Virtual to Live-Fire: InVeris Training Solutions Invites IDEX 2021 Attendees to Experience Its Unrivalled Military Training Portfolio

SUWANEE, Ga.–(BUSINESS WIRE/AETOSWire)— InVeris Training Solutions, the leading provider of integrated live-fire and virtual weapons training products and services for armed forces and law enforcement, will display a broad range of innovative solutions on two stands during the biennial International Defence Exhibition and Conference at the Abu Dhabi National Exhibition Centre (ADNEC) in the UAE, Feb. 21-25, 2021. IDEX will be InVeris’ first major international trade show following its rebranding in October 2020 from Meggitt Training Systems. “Thanks to new, dynamic ownership, InVeris Training Solutions is now better positioned than…