DUBAI / Emirates Business Emirates launched a second daily flight between Dubai and Prague, to meet the increasing demand for travel on the route. Emirates has been serving the Czech market since 2010 and during this time has carried some 1.7 million passengers on the route. To meet the rising demand for both inbound and outbound travel, the airline has ...

DUBAI / WAM The Mohammed bin Rashid Innovation Fund (MBRIF), operated by the Emirates Development Bank (EDB), announced its financial support for ‘Lamsa’, a brand and platform for children. The first of its kind in the region, Lamsa delivers diverse interactive content focused on education and entertainment for children, overseen by Finnish experts in the fields of early childhood education. ...

DUBAI / Emirates Business Dubai Chamber of Commerce and Industry (Dubai Chamber) has supported Dubai’s high-end real estate sector through its sponsorship of LPS Beijing 2018, China’s leading invitation-only luxury property show. Dubai Chamber, which was a strategic partner for the three-day event, showcased an array of companies operating in Dubai’s elite property sector to affluent customers in the world’s ...

Hodeidah / WAM The Emirates Red Crescent (ERC), distributed 5,000 food parcels to Yemeni families across liberated towns and villages in Hodeidah in the past four days. This latest aid distribution benefited 35,000 individuals as part of the UAE-Saudi Arabia humanitarian assistance plan across Yemen’s Red Sea Coast. The UAE aid authority distributed 1,000 food baskets to Yemenis residing in ...

Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED), in Dubai has added 26 new business activities across a number of sectors in the first half of 2018, following that tracked local market needs supply and demand in those vital sectors. The move, which is part of DED’s efforts to facilitate business ...

Dubai / WAM Jebel Ali Free Zone (Jafza), the region’s trade enabler and leading business hub, on Monday signed a cooperation agreement with the General Directorate of Residency and Foreigners Affairs (GDRFA) to further simplify existing visa procedures and improve customer experience. Under the agreement, the GDRFA will provide enhanced services to companies operating in Jafza and the National Industries ...

Abu Dhabi / WAM Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM), launched the third edition of the municipality’s Internal Excellence Award (Ertiqaa), 2018. The launch of the award comes in implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE ...

Abu Dhabi / Emirates Business The number of hotel guests staying in Abu Dhabi increased by 4.9% during the first five months of 2018 compared to the same period last year. According to statistics from the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), 162 hotels, resorts and hotel apartments offering 31,236 rooms across the emirate welcomed ...

Bloomberg Germany’s Thyssenkrupp AG and India’s Tata Steel Ltd. reached a final agreement to set up a European steel company with equal share of ownership, more than nine months after signing a memorandum of understanding to establish the venture. The proposed name of the new company is Thyssenkrupp Tata Steel B.V., focussing on high-quality flat steel production, the companies said ...

Bloomberg Billionaire Anil Agarwal added to a string of commodities deals with plans to buy out minority investors in Vedanta Resources Plc, the resources group that he’s seeking to transform into one of the world’s largest. Agarwal’s Volcan Investments Ltd. will offer 825 pence a share for the 33.5 percent of Vedanta it doesn’t already own and plans to cancel ...