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Cityscape Abu Dhabi kicks off

ABU DHABI / WAM | Emirates Business Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, on Tuesday launched the 12th Cityscape Abu Dhabi 2018 exhibition, which is ...

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Dubai leads the world in quality of roads: RTA chief

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), in Dubai, stated that Dubai’s relentless efforts to keep pace with the future needs are marked by accelerating improvements of roads and transport means in the emirate. He announced plans for protecting the environment, raising traffic safety level, ...

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UAE-Romania joint committee holds its first meet in Bucharest

BUCHAREST / WAM The UAE-Romania Joint Committee on Tuesday held its first ministerial meeting in the Romanian capital, Bucharest. The meeting was chaired by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and by Teodor Melescanu, Minister of Foreign Affairs of Romania. The meeting featured the presence of several high officials from the Government of Romania including Danut ...

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US stocks rise amid earnings

Bloomberg US stocks rose amid better-than-expected earnings from several industry heavyweights, adding to evidence that the strengthening economy is lifting corporate profits. The S&P 500 Index pushed through its average price for the past 50 days, a level it hasn’t breached in a month. Netflix Inc. surged after subscriber growth topped estimates. Johnson & Johnson and UnitedHealth Group Inc. climbed ...

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Saudi stocks continue to rise, telcos boost Egypt

Reuters Saudi Arabia’s stock market continued a strong uptrend on Tuesday on the back of petrochemical and banking stocks, while rising telecoms shares boosted Egypt. The Saudi index closed 0.6 percent up at 8,096 points, having finished above 8,000 points on April 16 for the first time since August 2015. Petrochemicals giant Saudi Basic Industries rose 1.9 percent before going ...

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Sharjah Ruler to witness launch of SCRF 2018

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, will witness the launch of the 10th edition of Sharjah Children’s Reading Festival (SCRF 2018), on Wednesday. Held under the patronage of His Highness the Ruler of Sharjah, and his wife Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme ...

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Jafza’s automotive, spare parts sector trade valued at AED39.5bn in 2017

Dubai / Emirates Business The automotive and spare parts companies operating in DP World’s flagship Jebel Ali Free Zone (Jafza) recorded business worth AED 39.5 billion in 2017. DP World, UAE region held a forum for automotive companies to celebrate the close ties with the industry and to highlight the sector’s position as a cornerstone of business growth in Jafza. ...

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UAE ‘an important hub’ for the region: Danish envoy

Abu Dhabi / WAM With four thousand of its citizens now living in the UAE, Denmark this year marks the 40th anniversary of the setting up of its embassy in Abu Dhabi, the country’s ambassador, Merete Juhl, said. Addressing guests at a reception to mark Denmark Day, celebrated on the occasion of the birthday of the country’s monarch, Queen Margrethe ...

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Middle East Pharma Cold Chain Congress begins

Dubai / WAM The Middle East Pharma Cold Chain Congress launched on Tuesday in Dubai with the participation of a group of local specialists and more than 100 regional and international experts. The Ministry of Health and Prevention is supporting the two-day event. The event aims to bring together industry stakeholders to discuss ongoing and future challenges in the sector ...

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UAE committed to sustainable future: Al Zeyoudi

Abu Dhabi / WAM Dr Thani bin Ahmed Al-Zeyoudi, UAE Minister of Climate Change and Environment, delivered a ministerial address at the Green Business Summit 2018, underlining the numerous sustainability initiatives and environmental programmes being developed and implemented in the UAE. He emphasised that the UAE is well aware of the future impact of climate change and is firmly committed ...

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