Local News

Emirates offers business class companion fares

Beirut / Emirates Business Emirates is offering travellers in Lebanon special Business class companion fares to 15 destinations across its network. The offers are valid for bookings until 31 October 2018, for travel until December 20. The special fares are available for two to eight people booking and flying together in Business Class. Fares from Lebanon start from $3626 per ...

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Dubai named ‘Destination of the Year’

Dubai / Emirates Business Dubai has been adjudged the ‘Destination of the Year’ at the Seatrade Cruise Awards 2018, in recognition of the work done by the Cruise Tourism department of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) in pioneering cruise tourism in the region and positioning the city as a hub for winter sun cruising. Considered to ...

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Baker Hughes takes 5% stake in Adnoc Drilling

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), and Baker Hughes, a General Electric company, on Monday signed a strategic partnership agreement that will enable and support the growth and development of Adnoc’s subsidiary, Adnoc Drilling, into a fully integrated drilling and well construction provider. As part of the agreement, BHGE will acquire a five percent stake ...

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Nakheel exhibits $16bn realty portfolio in Munich

MUNICH / WAM Nakheel is back in Munich for the second consecutive year with a plethora of real estate projects — collectively worth EUR14 billion ($16 billion) — on show at Expo Real 2018. The only Dubai developer at the event, Nakheel is showcasing a diverse selection of investment opportunities including completed and off-plan residential units — offering rental yields ...

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Deal signed to support Dubai 10X initiative

DUBAI / WAM Khalfan Belhoul, CEO of Dubai Future Foundation (DFF) stressed the importance of concerted national efforts, and consolidating the culture of partnership, to enhance cooperation between government entities in Dubai, and exchange experiences and to reach an integrated work system, in line with the objectives and strategies of building the future. This came during signing of an MoU ...

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Dubai Garden Glow 4th season kicks-off

DUBAI / WAM­­­­­ Dubai Garden Glow, a favourite family entertainment attraction in Zabeel Park, entered its fourth season on Sunday, adding a fourth attraction, the Art Park. The four magical themes in Garden Glow this year include the Ice Park, the Glow Park, the Dinosaur Park and the newly added Art Park, set up using about 500,000 different types of ...

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FNC discusses draft law on use of IT in health sector

Dubai / WAM The Health and Environmental Affairs Committee of the Federal National Council (FNC), began its discussion, during its meeting on Monday at the headquarters of the FNC General Secretariat in Dubai, which was chaired by Salem Obaid Al Hassan Al Shamsi, Chairman of the Committee, on a draft law on the use of information and communication technology in ...

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Wetex 2018 to see participation of 2,100 exhibitors from 53 nations

DUBAI / WAM The 20th Water, Energy, Technology and Environment Exhibition (Wetex 2018), will cover an area of 78,413 square metres with the participation of more than 2,100 exhibitors from 53 countries. The announcement was made by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), and Founder and Chairman of Wetex, during a ...

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DMCC crowned fDi’s global free zone of the year award for 2018

Dubai / Emirates Business In a study of the best Global Free Zones by fDi Magazine – a publication from the Financial Times – Dubai Multi Commodities Centre, UAE and Amata City Chonburi, Thailand has been awarded the top prizes in the Global Free Zones of the Year 2018. The DMMC saw almost 2000 new businesses established in 2017. The ...

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Maktoum bin Mohammed opens Dubai Investment Week 2018

Dubai / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, on Monday inaugurated the Dubai Investment Week 2018, hosted by Dubai FDI, the investment development agency of the Department of Economic Development (DED). Organised under the theme ‘Investing in Future Transformations,’ the event explores the prospects for strengthening local and international partnerships for ...

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