Bloomberg One of the first Mexican retailers to sell online is quickly falling behind newer arrivals, and it may be too late to catch up, according to Credit Suisse. El Puerto de Liverpool, which conducted its first e-commerce transaction in 1997, is spending just a fraction of the amount as Amazon.com Inc., MercadoLibre Inc. and Wal-Mart de Mexico SAB on ...

Dubai / WAM The combined value of the 11,755 active construction projects in the UAE has exceeded $818.2 billion (around AED3 trillion) in November 2017, according to latest UAE Construction Analytics report issued by BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. This makes the UAE, which ...

DUBAI / WAM Chemical industry in Arabian Gulf countries registered $77 billion in revenues in 2016, three percent less than the previous year due to fluctuation in international oil prices, an official said. Kuwait News Agency (KUNA), quoted Dr Abdulwahab Al-Sadoun, Secretary General of the Gulf Petrochemicals and Chemicals Association, as saying chemical industries in the GCC contributed around $43.8 ...

WASHINGTON / WAM US companies were the big winners at the 2017 Dubai Airshow as UAE customers placed more than $44 billion in new orders for commercial aircraft and defence- related equipment and services, according to a statement posted on the website of the UAE Embassy in Washington. “US companies remain the preferred supplier for UAE commercial and military aviation ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, decorated forty-six Emirati philanthropists, led by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as part of the UAE Pioneers Award, highlighting the remarkable ...

Abu Dhabi / WAM Based on the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to achieve the highest possible levels of social welfare and economic wellbeing for UAE citizens, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, who is also the Chairman ...

Dubai / Emirates Business Abu Dhabi trade in planes and spacecraft, including parts thereof, has amounted to AED9.3 billion during the first nine months of this year, according to figures by the Statistics Centre-Abu Dhabi, on the emirate’s non-oil trade. The stated value doesn’t include the deals made by the emirate and registered by other ports of exit, including sea, ...

London / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, inaugurated the new UAE Embassy in London, United Kingdom, UK. The ceremony began with the raising of the UAE flag and was followed by the national anthems of both countries. Sheikh Abdullah bin Zayed and Alistair Burt, the UK’s Minister of State ...

Abu Dhabi / WAM Masdar, Abu Dhabi Future Energy Company, and Indonesian power company PT Pembangkitan Jawa-Bali, PT PJB, a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), signed on Tuesday a project development agreement for the world’s largest floating solar photovoltaic (PV), power plant. With a capacity of 200 megawatt, the plant will cover an area of ...

Abu Dhabi / WAM The United Arab Emirates commemorates its 46th National Day on December 2, a day that embodies the very Spirit of the Union and inspires the nation to celebrate 46 years of great achievements since the federation of the seven emirates was established in 1971. The pattern of celebrating the country’s National Day was initiated by the ...