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The first Dubai Shopping Festival in 1996 attracted more than one and a half million people who spent over of US$500 million during the one month event. [7] These statistics have since grown, with more than three million people attending the festival and over 2 billion dollars being earned at the Dubai Shopping Festival in 2009. [7]
Axiom Telecom is a technology retailer founded in 1997 by Faisal Al Bannai, with four employees at the start of its operations. [3] [4] Axiom became the official distributor for mobile consumer brands in the UAE and Saudi Arabia, including Samsung, Apple, LG, HTC, Huawei, Nokia, BlackBerry, and held the largest market share in the Middle East.
Mall of the Emirates (Arabic: مول الإمارات) is a shopping mall in Dubai. Developed and owned by Majid Al Futtaim Group, it opened in November 2005 and is located at interchange four on Sheikh Zayed Road. The multi-level shopping mall currently features more than 630 retail outlets, 7900 parking spaces, over 100 restaurants and cafés ...
GITEX GLOBAL or GITEX (abb. of Gulf Information Technology Exhibition, a.k.a. GITEX Technology Week) is a computer expo held annually in Dubai, United Arab Emirates at Dubai World Trade Center. The event underpins the rapid technology-driven transformations, investments and projects shaping the economies of the Middle East, Africa and Asia.
In the late 1970s, UAE Radio started independent services. Channel 4 was the first commercial radio station, followed by Emirates Media Radio and the Arab Media Group. As of February 2014, independent radio stations in the UAE include 7 each in English and Hindi, 12 in Arabic, 4 Malayalam, and one each in Tamil, Tagalog, Russian and Persian. [5 ...
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5 ] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was ...
Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
Emirates Integrated Telecommunications Company P.J.S.C. (Arabic: شركة الإمارات للاتصالات المتكاملة), commercially rebranded as du (دو) in February 2007, is one of the two main telecom operators in the United Arab Emirates. du offers fixed line, mobile telephony, internet and digital television services across the UAE.
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