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DUBAI NEWS

Thousands Sign Up As Countdown Begins To Standard Chartered Dubai Marathon 2015
Already more than 5,000 runners have signed up online at www.dubaimarathon.org with thousands more expected as the clock ticks down to the starting gun on January 23, 2015.

Mohammed bin Rashid receives founder and CEO of Alibaba Group
The Chinese giant includes business-to-business online web portals, online retail and payment services, a shopping search engine and data-centric cloud computing services.

Expo 2020 Dubai And DP World Launch Industry-Themed Workshops
Expo 2020 Dubai has held the first industry exploratory session in partnership with DP World as part of the preparation to host the international event.

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DUBAI FEATURES

Dubai’s favourite farmers market is back this October

Under the Patronage of the Dubai Crown Prince, HH Sheikh Hamdan Bin Mohammed Al Maktoum, Ripe is pleased to announce the return of the Ripe Food & Craft Market, on Friday 10th October at Zabeel Park, Dubai.


Economic Recovery Spurring Solid Growth For Gulf Banks

Gulf banks have shown healthy earnings growth over the last year and a half despite historically low interest rates, said Standard & Poor's Ratings Services in a new report published today, titled "Economic Recovery Spurs Solid Growth For Gulf Banks." Banks in Gulf Cooperation Council (GCC) countries have experienced lower net interest margins, but improving asset quality and falling credit losses have generally offset this. We believe declining credit losses will continue to support GCC banks' earnings throughout 2014, although we expect this effect to be less visible in 2015.



India to top UAE’s export and import destination list by 2030

India is forecasted to be the UAE's top export and import destination by 2030, according the latest HSBC Trade Forecast. In addition to India, the fastest growing export markets for the UAE will be China, Malaysia, Turkey - each of which will see the fastest growth rates between 2017 and 2030. Asia and Turkey will also remain the most important trade partners in terms of imports. Import growth will be fastest for goods originating from China, India, Turkey and Vietnam.



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ABU DHABI NEWS

New Abu Dhabi Centre Of Excellence To Produce First Anti-Cancer Drugs In The GCC
Officials from Khalifa Industrial Zone Abu Dhabi (Kizad) and LIFE Pharma have on Wednesday celebrated a ground-breaking ceremony.

UAE Pumps Heavy Investment Into Energy Sector To Raise Output Capacity To 3.5MBPD By 2017
The U.A.E. is planning to raise its oil output capacity to 3.5 million barrels per day by 2017 and refining capacity to 1.1 mbpd from 707,000 barrels per day.

Abu Dhabi Desert Challenge 2014 TV Audience Past 68 Million Viewers
H.E. Sheikh Nahayan Bin Mubarak Al Nahayan, the UAE Minister of Culture, Youth and Community Development, has hailed H.H. Sheikh Mohammed Bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme.

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ABU DHABI FEATURES

UAE University ranked among world’s top 400 Universities

The U.A.E. University has been ranked among the best 400 universities, according to the Quacquarelli Symonds (QS) World University Rankings. The QS based its classification on a number of strict requirements, among others, the academic reputation, recruitment and productivity indicators, research, proportion of teaching staff to students, attractiveness of university to professors and foreign students.



SCAD issues quarterly report on non-oil merchandise trade

Statistics Centre - Abu Dhabi (SCAD) has issued its quarterly report on non-oil merchandise trade through the ports of the Emirate of Abu for Q2 2014 to support decision makers and businesses with accurate and up-to-date statistics on the non-oil merchandise that entered or exited the territory of the Emirate of Abu Dhabi through the emirate’s ports (including air, sea and land ports) during the reference period.



ADPC, TCA Abu Dhabi take ’Cruise Abu Dhabi’ international

 The concept design of Abu Dhabi’s planned permanent cruise passenger terminal is to be unveiled later this month at Europe’s most prestigious cruise event, Seatrade Med 2014, from 16-18 September in Barcelona, Spain. The model is being showcased by Abu Dhabi Ports Company (ADPC) following an international design competition and extensive industry stakeholder input. An important element of the competition was the commitment to hire two leading Emirati architectural graduates, to join the project team for the development of the architectural design.



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SHARJAH NEWS

 
Sharjah’s Saif-Zone Successfully Participates In Construct India 2014
Sharjah Airport International Free Zone (SAIF Zone) successfully participated in the 3-day Big 5 Construct India 2014 that concluded on 13 September at the Bombay Exhibition Centre in Mumbai, India.

Shurooq Promotes Sharjah In Shanghai
The Sharjah Investment and Development Authority (Shurooq) has successfully concluded an investment roadshow to Shanghai China as part of its ongoing strategy to promote the Sharjah as a world-class destination for international investment.

Sharjah Seeks To Benefit From Silk Road Revival
Aiming to better integrate regional economies into China’s global supply chain, Sharjah showcased the key role it can play in the revival of the old ’Silk Road’ at a recent high-profile event held in Xiamen, China.

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SHARJAH FEATURES

Sharjah seeks to benefit from Silk Road revival

Aiming to better integrate regional economies into China's global supply chain, Sharjah showcased the key role it can play in the revival of the old 'Silk Road' at a recent high-profile event held in Xiamen, China. At the WTCA (World Trade Centers Association Inc) Access China Program's 18th China International Fair for Investment and Trade (CIFIT), Mr. Saif Mohammed Al Midfa, CEO, Expo Centre Sharjah, successfully presented World Trade Centre Sharjah and the Middle East region to the Chinese and international business community.


New book features unique collection of Islamic textiles from Sharjah

One of the world’s most important collections of Islamic textiles from the Sharjah Museum of Islamic Civilisation is being celebrated in a new publication created by Sharjah Museums Department (SMD).



Sharjah Commerce and Tourism Development Authority
Established in 1996 by the Government of Sharjah, the SCTDA has been in the forefront of promoting and taking Sharjah to the world with its relentless efforts and unmatched enthusiasm. The Authority constantly explores possibilities and avenues of promoting and developing tourism and commercial sectors in the emirate through special events, activities and festivals at home and around the world. It pursues its goals by planning and drawing up strategic plans to promote and develop tourism sector in all its forms. It conducts social and economic research and studies as well to evolve its strategies and pursue its goals. And as part of its strategy to promote Sharjah, SCTDA participates in local, regional and international exhibitions, focusing on the factors of distinction and exclusivity.

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