Local News

Dubai / WAM Parker Aerospace, global leader in motion and control technologies, on Tuesday announced a pump call-out agreement with Emirates for its 777X aircraft. Emirates Airline is the launch customer of the new Boeing aircraft with an order book of 150 777X, one of the single largest aircraft orders by value in the history of US commercial aviation. Parker ...

ABU DHABI / WAM The National Central Cooling Company (Tabreed), and Abu Dhabi’s renewable energy company (Masdar), on Tuesday announced that they have signed a service agreement to operate Masdar’s first district cooling plant with operations underway. Under the three-year contract, Tabreed will manage the district cooling plant on behalf of Masdar, providing expertise as well as operations and maintenance ...

Dubai / Emirates Business Emirates will be sharing the legacy of the late His Highness Sheikh Zayed bin Sultan Al Nahyan to a global audience in 2018. To celebrate the ‘Year of Zayed’, Emirates is featuring the achievements of HH Sheikh Zayed in the pages of its official inflight magazine, Open Skies each month. The ‘Year of Zayed’ commences in ...

ABU DHABI / WAM Hu Changsheng, Director-General of the Organisation Department of the Communist Party of China at the Fujian Province, has praised the UAE’s overall advanced social and development experience. Changsheng made this statement during a lecture organised by the Emirates Centre for Strategic Studies and Research (ECSSR) at its headquarters in Abu Dhabi, under the theme, “Promoting the ...

ABU DHABI / WAM Preliminary statistical data of the Federal Customs Authority (FCA) revealed that the UAE’s general trade volume from January to the end of June 2017 amounted to AED784 billion, compared to AED777.6 billion during the same period of 2016, signalling a one percent growth. The UAE’s general trade volume kept increasing during the first six months of ...

ABU DHABI / WAM A total of 1104 buildings have been completed in the Emirate of Abu Dhabi during Q3 2017, a growth of 3.6 percent from 1066 buildings during corresponding period 2016, in a yet a fresh sign reflecting the significant improvement in the realty sector in the emirate, which is considered among the key economic platforms in the ...

ABU DHABI / WAM The UAE Central Bank has announced that the Money Supply aggregate M2 increased by 0.4%, from AED1244.1 billion at the end of October 2017 to AED1248.8 billion at the end of November 2017. In a statement, the bank added that the Money Supply aggregate M1 decreased by 0.3%, from AED492 billion at the end of October ...

DUBAI / WAM The UAE-based Al Marakeb Boat Manufacturing Company has revealed the launch of its latest offering, the B7X. The new model, which can be utilised for both manned and unmanned operations, is also being dubbed as the world’s first ever mass produced dual-use USV being made available for commercial purposes. The B7X, along with Al Marakeb’s other models, ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a delegation from Senaat General Holding Corporation and its Group of Companies, and was briefed on the milestones achieved by Senaat over the past period despite the headwinds besetting international markets. ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a telephone call from the Japanese Prime Minister, Shinzo Abe. During the call, the two sides reviewed the friendly ties between the UAE and Japan and ways to strengthen and develop ...