Dubai / Emirates Business Catering to the Middle East’s growing demand for US goods, MyUS.com, America’s leading package forwarding and consolidation company, shipping more than 10,000 parcels daily around the world, has announced the expansion of its services in the GCC. As a result, customers residing in the GCC can now use MyUS.com in Arabic (MyUS.com/ar/) to sign-up for ...
Read More »Admin
Sprint chooses datamena for data hub in UAE
Emirates Business datamena, the pioneering carrier neutral data centre and connectivity platform based in the UAE and servicing the Middle East and Africa (MEA) region, has announced the addition of Tier 1 Global Internet Service Provider (ISP), Sprint, to its list of partners. With ambitions to expand the reach of its network into the Middle East and Africa, Sprint ...
Read More »â€˜1001Titles’ gets a boost
Emirates Business ‘1001Titles,’ an initiative from Sharjah-based cultural organisation Knowledge without Borders (KwB), has received a major boost following its manager’s completion of a leading publishing course at Yale University, USA. Majd Al Shehhi’s attendance at the prestigious Ivy League institution’s ‘Leadership Strategies in Book Publishing’ programme was aimed at enhancing the attributes of the initiative, which plans to ...
Read More »Curtains fall on du summer training programme
DUBAI / Emirates Business du, the UAE-based telecommunications company with a focus on supporting and educating youth in the UAE, congratulated 15 dedicated Emirati students on the completion of its Summer Training Programme. To conclude their participation in the programme, the students were awarded ‘Work Experience Appreciation’ certificates during the graduation ceremony that was held at the du headquarters ...
Read More »Saudi holds China’s market share lead on record oil output
Bloomberg Saudi Arabia kept its spot as China’s biggest oil supplier for the first seven months this year after pumping record output in July, even as Russia threatens to overtake the kingdom in their contest for sales to the world’s largest energy consumer. The biggest crude exporter shipped an average of 1.05 million barrels a day to China in ...
Read More »IMF OKs $723mn loan to Jordan
Reuters The International Monetary Fund has approved a $723 million loan facility to Jordan in a three-year programme to support economic and financial reforms aimed at lowering public debt and accelerating growth, it said on Wednesday. The IMF said in a statement the first $72.3 million tranche was to be paid immediately, and the remaining amount would be disbursed ...
Read More »Sky Prime gets licence for domestic flights
Reuters Sky Prime Aviation Services has become the latest aviation company in Saudi Arabia to be awarded a national air operator licence under an ongoing liberalisation of the kingdom’s aviation market. The company, which provides private jets, received the licence for chartered flights from Minister of Transport Sulaiman al-Hamdan during a ceremony in Riyadh, according to its Twitter feed. ...
Read More »Iran, Ecuador discuss ways to strengthen crude prices
Reuters Iran and Ecuador discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude. Iran has been boosting output since Western sanctions were eased in January. Tehran refused to join a previous attempt this year by OPEC plus non-members such as Russia to stabilize ...
Read More »Iran oil minister to join OPEC talks on market in Algeria
Bloomberg Iran’s Oil Minister Bijan Namdar Zanganeh will join an informal meeting of OPEC members next month in Algiers, a state news service reported, ending uncertainty about whether OPEC’s third-biggest producer would participate. Producers from the Organization of Petroleum Exporting Countries will meet on the sidelines of an energy policy group in the Algerian capital next month to consider ...
Read More »UK consumer boom set to flag as Brexit ignites inflation
Bloomberg For UK consumers, the good times might not keep rolling. Quickening inflation looks set to erode almost two years of real-wage growth, undermining the key driver of the economy. Data due Friday will probably show consumption helped growth accelerate to 0.6 percent in the second quarter, before the referendum on European Union membership. Still, there are challenges ahead ...
Read More »