Turkey to make Istanbul a financial centre
Turkey discussed turning Istanbul into a financial centre on Thursday. Deputy Prime Minister Nazim Ekren at an Istanbul Province Economic and Social Council Meeting said that the government was planning to establish a development agency in Istanbul this year. Istanbul is home to 20 percent of Turkey's total population (15 million people) providing a quarter [...]
S&P: Turkey has stable outlook
Standard & Poor's on Thursday rated Turkey’s outlook as stable. Turkey’s prospects for policy continuity and political stability will likely bolster investor confidence, S&P said in a statement. "The stable outlook on Turkey balances the improvement in the republic's external financing prospects and underlying fundamentals against its vulnerability to financing shocks," S&P said. The Turkish [...]
Dubai’s Emirates A380 to take-off to US
The first Emirates A380 is due to leave Dubai International Airport today bound for John F Kennedy International Airport in New York. The flight will take between 12.5 and 13 hours, compared to 14 hours on a Boeing 777. In July 2000 Dubai’s airline, Emirates, became the first airline to sign a firm commitment and [...]
TECOM promotes Dubai to companies in Shenzhen, China
Dubai based TECOM has recently conducted a seminar in Shenzhen, China to promote Dubai internationally. The main objective of the seminar was based around providing Chinese organisations with a better understanding of Dubai’s business environment and the overall benefits of Dubai as a destination for companies to run their regional operations. Dubai’s strategic location, strong [...]
UAE Volleyball team prepare for Dubai Championships
Four players and officials of the UAE Volleyball Association are to participate in the Arab Beach Volleyball Championship in Libya which opens on Friday. The championship, the first to be competed by a team from the UAE, is to prepare the team for the Swatch-FIVB Beach Volleyball World Tour event scheduled to be held in [...]