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Emirates enhances Nigeria operations with more flights

DUBAI / Emirates Business Emirates announced on Sunday that it will reinstate its second daily service to Lagos and resume operations to Nigeria’s capital city, Abuja, with four weekly flights from December 15. Similar to the current daily service between Dubai and Lagos, the added frequencies to Lagos will be operated with Emirates’ Boeing 777-300ER aircraft, offering eight private suites ...

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Dubai joins UNESCO ‘creative cities network’

DUBAI / WAM Dubai has been designated as part of the UNESCO Creative Cities Network by Director-General, Irina Bokova. 64 cities from 44 countries join a network at the frontline of UNESCO’s efforts to foster innovation and creativity as key drivers for a more sustainable and inclusive urban development. This network attracts growing interest from local authorities. “These new designations ...

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Largest entrepreneurship festival in Sharjah on Nov 21

Sharjah / Emirates Business Sharjah Entrepreneurship Center (Sheraa), conducted a press conference to announce the launch of the largest entrepreneurship festival in the UAE at the Sheraa Hub, American University of Sharjah in the presence of leading industry experts and strategic partners. Celebrating and recharging the spirit of entrepreneurship, Sharjah Entrepreneurship Festival (SharjahEF) makes its grand debut in Sharjah this ...

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Meraas-Visa enter strategic partnership

DUBAI / Emirates Business Meraas announced that it has partnered with global payments technology company, Visa, to create a new and exciting cardholder benefit for Visa premium cardholders in Central and Eastern Europe, the Middle East and Africa. The multi-year agreement will enable Visa Platinum, Visa Signature and Visa Infinite customers to take advantage of a 20 percent discount at ...

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The Flag Island creates Guinness World Record

Sharjah / Emirates Business The Flag Island, Sharjah’s iconic tourist destination, has entered the Guinness World Records after raising the world’s largest flag. The successful attempt formed part of the spectacular national festivities the island organised on Thursday and Friday as part of the nationwide Flag Day celebrations. Measuring 70 metres in length and 35 metres in width, the flag ...

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Tax quibble stalls India solar panel cargoes

Bloomberg Several solar projects in India are facing delays and inflated costs as customs officials have blocked more than 900 containers of panel shipments for more than a month by demanding higher import duties. Officials clearing import shipments at the Port of Chennai in South India are classifying solar panels as motors, which attract 7.5 percent import duty as opposed ...

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China’s Poly Group plans Ethiopia natural gas exports by mid-2019

Bloomberg China Poly Group plans to start exporting natural gas from Ethiopia’s eastern Ogaden basin by mid-2019 as it continues to explore near the border with Somalia, Petroleum Minister Motuma Mekassa said. Shipments from the Calub and Hilala fields will be exported along a 700-kilometer (435-mile) pipeline to a port complex being built in neighboring Djibouti, Motuma said in an ...

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Saudi King Salman issues royal orders

WAM The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud has issued a series of orders, that included relieving Prince Miteb bin Abdullah bin Abdulaziz from office as Minister of National Guard and appointing Prince Khalid bin Abdulaziz bin Mohammed bin Ayyaf Al Muqren as Minister of the National Guard. According to Saudi Press Agency, the ...

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Mexico makes biggest onshore oil find in 15 years

Bloomberg Petroleos Mexicanos announced its biggest onshore discovery in 15 years, just three months after Mexico reported the first major find by private companies, bolstering the nation’s efforts to revive its oil industry. The Ixachi-1 well that lies 72 kilometers (45 miles) south of the port of Veracruz is believed to contain 1.5 billion barrels of oil in place, or ...

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Tesla solar installations fall

Bloomberg Tesla Inc. is installing far less solar power than its SolarCity unit did as an independent company. Tesla installed 109 megawatts of energy-generation systems in the third quarter, according to a statement Wednesday from the Palo Alto, California-based company. That’s down from the 187 megawatts of panels that SolarCity deployed in the same period last year, its final quarter ...

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