Airbus A380 global check for wing cracks

Biggest customer for Airbus A380, Emirates has inspected four of its superjumbo planes

New directive doesn’t affect operations

The European Aviation Safety Agency ordered Wednesday that all  68 worldwide Airbus A380 superjumbo planes be checked for wing cracks, even as the aircraft manufacturer insisted there was nothing to worry about. The new directive extends an earlier check of 20 A380 jets, whose wings are made in North Wales, ordered by the EASA last month.

Airbus reiterated the “safe operation of the Airbus A380 planes is not affected”. Read more

5th Gulf Film Festival in Dubai

The fifth edition of the Gulf Film Festival, the home of bold, innovative and contemporary cinema from the Arabian peninsula, will be held from April 10 to 16, 2012, at the InterContinental Hotel, Crowne Plaza, and Grand Festival Cinemas at Dubai Festival City.

An unmatched meeting ground, incubator and showcase of Gulf talent, GFF 2012 will screen shorts, documentaries and feature films in three categories: The Gulf Competition for professional and student filmmakers; the International Competition for Short Films, and multiple out-of-competition segments including an ‘In Focus’ segment and a children’s cinema segment . Read more

Dubai FDI brings in AED3.44 billion, 77 companies in 2011

Dubai FDI, the foreign investment office in the Department of Economic Development in Dubai, succeeded in attracting and promoting 77 companies in the emirate during 2011. Together the companies accounted for a total foreign direct investment (FDI) of AED3.44 billion and a turnover of AED16.57 billion.

The past year also saw significant gains by Dubai FDI in strengthening its links with governments, investment promotion agencies and the investor community across the globe. New partnerships, research and enhanced networking helped Dubai FDI address investor concerns more efficiently and share best practices in encouraging FDI inflows. Read more

Abraj: The two towers of Dubai

Timelapse video featuring the two iconic towers of Dubai. The Burj Al Arab and the world’s tallest building. The Burj Khalifa.

Search for UAE’s most gifted young inventors

• Innovations By You Awards to launch at big boys toys 2012; open to all UAE students of higher educational institutions
• More than half a million dirhams in cash prizes and financial aid
• Numerous universities, including Zayed University, AUD, Manipal, Preston, and Middlesex have come onboard, extending this opportunity to their students

Read more

World Economic Forum: Jobs are Top Priority

• The international community should focus on promoting growth and creating jobs, particularly for youth
• Capitalism and the free market should be more responsive to social needs

The 42nd World Economic Forum Annual Meeting closed today, with business leaders urging resolute action to promote growth and employment, particularly among young people. Read more

Young Entrepreneur Competition 2012 open for registration

• Web-based training session available for participants from 12 February to 1 March 2012
• Exhibition for YEC participants from 28-31 March
• du supports YEC for the third consecutive year as main sponsor
• More than 2,000 projects and 6,500 students participated in previous cycles

Under the patronage of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Dubai SME, the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprise (SME) sector, will launch the preliminary registration for the 8th cycle of the Young Entrepreneur Competition 2012 (YEC) on Sunday, the 29th of January 2012. Read more

Follow the World Economic Forum 2012

The annual World Economic Forum is set to open in the Swiss ski resort town of Davos today, Wednesday 25th od January.

Some 2,600 decision-makers from about 100 countries and hundreds of companies are expected to participate in the five-day event. Read more

Dubai hotels among “World’s Top 100 Most Valuable Luxury Brands”

The “World’s Top 100 Most Valuable Luxury Brands Official Release “, organized by World Luxury Association, was successfully held in January 2012 in Beijing. This event, commonly referred to as the “Luxury Oscar Awards”, bring together the Top 100 luxury brands in such diverse fields as aircraft, yachts, cars, jewelry, watches, fashion, liquor, cosmetics, resorts and Innovation brands. Read more

Prince Alwaleed Bin Talal comments on Arab Spring, Iran, Twitter, Newscorp, investment strategy and debt

In an exclusive interview CNN’s John Defterios speaks with HH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who expresses his views on:

• The Arab Spring, Iran and Saudi Arabia reforms
• Investments in twitter, Newscorp, view on Facebook and his TV news channel to launch in Dec 2012.
• His investment strategy and European debt, US debt Read more

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