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Ras al Khaimah records almost 118,000 visitors in August

Nearly 118,000 visitors visited Ras Al Khaimah in August 2019, according to new figures from the Ras Al Khaimah Tourism Development Authority (RAKTDA).

According to the figures, tourist numbers in RAK witnessed a 5 percent growth in visitor arrivals year-to-date, with the peak reaching 117,995 in August 2019.

Additionally, the emirate recorded an 7.4 percent growth in domestic visitor arrivals.

Visitors"...

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Infiniti calls applications for engineering programSeptember 19, 2019

Hong Kong-based Infiniti Motor Company is continuing its search for the brightest engineering talent here in the Middle East for the 2019 edition of the Infiniti Engineering Academy.

The closing date of applications this year for the Middle East Final is October 25.

The program aims to enhance the skills of young students looking to go into automotive and motorsport engineering. Being the only recruitment program of its kind in the world, it provides a unique opportunity for students to gain experience in both the premium automotive and Formula 1 industries, with a six months placement at the Infiniti Technical Centre Europe and a further six months at Renault F1 Team.

Since the program"...

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Etisalat’s '5G Experience Bus' to showcase real life use casesSeptember 19, 2019

Etisalat and Ericsson are embarking on an exclusive roadshow – The 5G Experience Bus – showcasing 5G capabilities through innovative use cases. The roadshow will demonstrate how 5G will enhance digital transformation to all UAE consumers and businesses.

Saeed Zarouni, senior vice president, Mobile Network, Etisalat, said: “Etisalat has set a benchmark with the launch of the first commercial wireless network in Mena, a testimony to our continuous efforts in building a network that will enable innovation and accelerate digital transformation. The 5G roadshow with Ericsson is in line with the UAE leadership’s vision and further signifies our overall strategy of ‘Driving the digital"...

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UAE-based investors largest non-resident group in Indian mutual funds

UAE-based investors are the largest non-resident investor group in Indian mutual funds, according to newly released data from the Reserve Bank of India.

According to the data, UAE-based investors pumped $2.1 billion in FY 2019 in equity investments through mutual funds.

Although segregate data is not available, market analysts said that expatriate Indians form the bulk of non-resident investors in the UAE who are investing in Indian mutual funds.

The RBI data shows that UAE-based investors accounted"...

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Modon awards tender for retail strip in giant Abu Dhabi project

Developer Modon Properties has awarded a tender for a retail strip to form part of one of the biggest residential communities being built in Abu Dhabi.

Modon said the Retail Strip Mall project in North Riyadh City will include seven restaurants, 14 stores, and a supermarket, a development company mandated by the Abu Dhabi government.

It is scheduled for completion in August 2020.

The supermarket in North Riyadh City, formerly known as South Shamkha, will be operated by Lulu Group International, Modon"...

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DMCA to showcase role of Dubai in global trade at Dubai Maritime Agenda 2019

WAM) -- Dubai Maritime City Authority, DMCA, will showcase the role of Dubai in global trade at Dubai Maritime Agenda 2019, a global platform for maritime industry leaders. The authority is set to discuss the fundamentals of the maritime community amid the rapid global changes as well as the major efforts to catapult Dubai into one of the world’s best maritime centres at the Dubai Maritime Agenda 2019.

The event will be held on 22nd September, the first day of the UAE Maritime Week 2019, said a press release issued by the DMCA on Wednesday.

Amer Ali, Executive Director,"...

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Sharjah introduces US business community to promising opportunities

SHARJAH, 18th September, 2019 (WAM) -- Sharjah FDI Office (Invest in Sharjah), operating under the Sharjah Investment and Development Authority (Shurooq) has collaborated with the US-UAE Business Council, to organise business seminars in Durham, North Carolina, and Pittsburgh, Pennsylvania.

The seminars aimed at shedding light on lucrative commercial opportunities Sharjah has on offer for American investors.

They were part of a business visit facilitated by the US-UAE Business Council to the USA which concluded on Wednesday and aimed to expand Sharjah’s network of"...

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