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November 24, 2021

dnata expands into Africa; announces major investment in Zanzibar aviation industry

DUBAI, dnata, a leading global air and travel services provider, has signed a concession agreement with The Government of Zanzibar, along with Emirates Leisure Retail and SEGAP, a joint venture between airport infrastructure and operations specialists Egis, and private equity fund manager AIIM. Under the partnership, dnata will oversee the operations of Zanzibar Abeid Amani Karume International Airport’s (ZNZ) newly-built international terminal (T3), with SEGAP supporting the Zanzibar Airports Authority (ZAA) in a management capacity. Emirates Leisure Retail will partner with MMI as master concessionaire for all food and beverage, duty free and commercial outlets at T3. dnata will provide its globally renowned, quality ground and passenger handling services to airline customers at ZNZ, ensuring safe and timely operations of flights and an excellent travel experience for passengers. dnata expects to handle more than 4,000 flights annually at the airport. dnata will also invest in a state-of-the-art cargo centre to

UAE announces establishment of US$10 billion investment fund in Turkey

ANKARA, The UAE announced it will establish a US$10 billion investment fund in Turkey. This announcement followed the talks held here today between His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Recep Tayyip Erdogan, President of Turkey, which aimed to support the Turkish economy and boost the bilateral cooperation between the two countries. The new fund will focus on strategic investments, most notably in the logistics sectors, including energy, health and food.   Source: Emirates News Agency

Dubai International Content Market hosts more than 50 media exhibitors from 20 countries

DUBAI, The Dubai International Content Market (DICM) has launched its 4th edition today, offering brands in the global and regional media, entertainment, and content sector an interactive platform in the heart of Dubai which allows them to explore the regional market, gain entry and expand their footprint in the most lucrative industry that goes beyond the MENA region. With more than 50 exhibiting brands, DICM and its strong line-up of regional and international exhibitors, buyers, and visitors will provide the participants with the chance to dive into an ideal networking platform for the industry, and an opportunity to view creative work carried out in the region. Following the event’s inauguration, Ilker Kilic, Consul General of the Republic of Turkey in the UAE, Israfil Kuralay, Vice President of The Istanbul Chamber of Commerce, Ahmet Mibash Demircan, Deputy Minister of the Republic of Turkey Ministry of Trade accompanied by Eng. Aiman Al

DLD: 5,352 sales transactions worth AED 13.12 billion in October 2021

DUBAI, Coinciding with the launch of Expo 2020 Dubai, the largest global event and the first-of-its-kind in the Middle East, the Dubai real estate market continued to record new achievements and further growth in the field of real estate sales transactions. According to the data of the 20th edition of Mo’asher, Dubai’s official sales price index launched by Dubai Land Department (DLD) in partnership with Property Finder, October 2021 recorded 5,352 sales transactions worth AED 13.12 billion, making it the best October on record for the past eight years. The base year for Mo’asher is 2012, and the base month for the monthly index is January 2012, with the base quarter for the quarterly index being Q1 2012. The index indicates that including October 2021, the year-to-date total is 48,651 sales transactions worth AED 177.44 billion. In just 10 months, the value of real estate sales transactions is 63.4% more

Al Ain Zoo launches Winter Field Camp

AL AIN, In conjunction with its virtual Winter Camp, Al Ain Zoo is launching a field Winter Camp with the theme “Intriguing Inside Stories of the Zoo”, which starts on December 12th and runs until December 22nd 2021, from 10:00 am to 12 pm at the Zoo. The Winter Field Camp aims to invest children’s winter school vacation time into an opportunity to develop and build children’s skills, providing them with a fun and educational experience that enhances their research and exploratory skills through a variety of activities that combine entertainment and education. The Winter Field Camp will offer awareness-raising and interactive programmes shared between the Sheikh Zayed Desert Learning Centre and various Zoo facilities and exhibits to ensure maximum benefit for participants learning about the Zoo’s enormous plant and wildlife diversity. It also includes numerous events and activities, including tours of various exhibitions, interviews with animal keepers, identification of

Kavalan Wins IWSC ‘Worldwide Whiskey Producer Trophy’

Scooping more than 100 international gold medals in 2021. Breaking the record again. TAIPEI, Nov. 24, 2021 /PRNewswire/ — The International Wine and Spirit Competition (IWSC) has awarded its Worldwide Whiskey Producer Trophy to Kavalan for the third time, ending a spectacular 2021 awards year for the Taiwanese distiller. The Worldwide Whiskey Producer trophy is awarded […]