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    Dubai Lynx introduces University of the year AwardOctober 22, 2014

    The 2015 Dubai Lynx International Festival of Creativity continues to highlight the importance of nurturing future talent through its student competitions; The Masar Student Creative Award for Print and the Integrated Student Award. This year the competitions expand to honour the universities that support and mentor students throughout the year.

    The inaugural University of the Year Competition will incorporate the results from both the Masar Student Creative Award for Print and the Integrated Student Award. Students with shortlisted and winning entries from both competitions"...

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    Four grants awarded to Masdar Institute-MIT joint research projects for technology-based innovationOctober 22, 2014

    Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced that it is collaborating with the Massachusetts Institute of Technology (MIT) to fund four research projects run jointly by faculty members at both institutions. The grants are the first under a new program, the Masdar Institute and MIT Innovation Program (MMIP), that is focused on developing commercial applications of technology research.

    The MMIP helps bring MIT and Masdar Institute faculty and"...

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    Crayon enjoys a successful debut at Gitex Technology Week 2014.

    Crayon’s inaugural participation at the GITEX Technology Week 2014, held at the Dubai World Trade Center last week, concluded on a high note exceeding the initial expectations of the global ‘software experts business’. GITEX is the leading ICT exhibition in the Middle East, Africa and South Asia (MEASA) and attracted visitors from over 150 nations, and 3,700 exhibiting companies representing 61 countries.

    Crayon, represented by its team of local experts, achieved a high level of brand and services awareness by showcasing an integrated range of"...

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    UAE has ability to be world’s premier business capital

    A panel of influential players in the UAE’s real estate market have unanimously agreed that the country can fend off its global competitors to become the world’s premier business capital.

    A wave of major new development and infrastructure projects ahead of Expo 2020 will position the UAE as the most compelling destination for businesses seeking a gateway to the wider Middle East and Africa through a base that is cost-effective, incredibly well-connected, and offers an attractive cosmopolitan lifestyle, they said.


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    DEWA completes transmission substations projects

    Since the beginning of this year, Dubai Electricity and Water Authority (DEWA) has completed four 132kV transmission substations in Dubai and extended 32km of ground cables at a total cost of AED 529 million. DEWA upgraded the 132kV network was to ensure load distribution across main substations. A total of 65km of ground cables were extended across 41 upgrades at a cost of AED 330 million. DEWA also rolled out an additional 113km of 400kV overhead cables at a cost of AED 278 million. These stations and networks are the backbone of DEWA’s grid and help establish Dubai’s leading position in the region. The upgrades contribute to providing a reliable infrastructure that meets the development requirements of Dubai"...

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    UAE's Consumer Price Index rises to 2.9%

    The UAE’s Consumer Price Index, or CPI, climbed to 2.9 per cent year-on-year in September, on higher housing and utility costs. The inflation has reached its highest level since March 2009.

    In a month-on-month comparison, prices rose 0.4 per cent in August, on rising rentals and utility expanses.

    Housing and utility costs, which account for over 39 per cent of consumer expenses, rose 4.1 per cent year-on-year and 1.5 per cent month-on-month in September, National Bureau of Statistics said.

    In September 2014, Dubai annual inflation rose by 4.22 per cent,"......

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