Local News

DUBAI / WAM Despite softening slightly in September, growth in the UAE’s non-oil private sector remained sharp and marked the strongest quarter recorded for two years, according to the latest UAE PMI survey. It added, “The latest improvement in business conditions was driven by above-average expansions in both output and new orders. That said, new business from abroad slipped back ...

KHOBAR / Reuters Abu Dhabi Future Energy Company (Masdar) and EDF Energies Nouvelles have submitted the lowest bid to build the first utility-scale solar plant in Saudi Arabia, reports said. The 300-megawatt solar photovoltaic (PV) project is in Sakaka, the Al Jouf Province in the north of the kingdom. The two companies submitted a joint bid for a levelised cost ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has ordered the creation of an air bridge to provide critical relief supplies for the Rohingya refugees fleeing from the conflict in Myanmar. The air bridge, which reaffirms Dubai’s commitment to support the emergency efforts of UN and Non-Govermental ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, said that supporting youth in the Arab world and giving them hope is the best guarantee of a prosperous future for the people of the region. He further said that youth are the real assets for innovation and development to face challenges, and ...

Abu Dhabi / Emirates Business Etihad Airways is re-timing its daily Abu Dhabi – Medina flights to a daytime operation and will also introduce three additional weekly services during the peak winter period. Effective February 1, 2018, the current overnight departure from Abu Dhabi will be replaced by a mid-morning flight offering an attractive schedule for travellers flying between the ...

Abu Dhabi / WAM The Al Ain Book Fair (AABF), held at the Al Ain Convention Centre from September 25, has now closed its 9th edition. The Book Fair, organised by the Abu Dhabi Department of Culture and Tourism, attracted 47,577 visitors, an increase of 10 percent over the previous year. Throughout AABF, visitors were introduced to thousands of specialist ...

Dubai / WAM In an endeavour to step up support for green financing and to leverage innovative finance mechanisms, the World Green Economy Summit (WGES 2017), set to be held on October 24-25 at Dubai International Convention and Exhibition Centre, will highlight the role of financing and investment solutions in the transformation towards the green economy. Held under the patronage ...

Dubai / Emirates Business The GCC food services sector is headed for further growth with key indicators such as a growing population and tourism sector, disposable income, and changing dietary habits continuing to shore up demand for food and dining options despite sluggish economic conditions. According to a report by Al Masah Capital Limited, the GCC foodservice market is now ...

ABU DHABI / WAM As part of its ‘SMART Service Stations’ initiative and introduction of cashless ADNOC Wallet-linked payment options, ADNOC Distribution is now expanding its SMART Tag installation facilities through new centres and mobile units serving customers throughout the country. As part of an ongoing process replacing Rahal Cards, the company is rolling out a superior Smart Tag system ...

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) concluded a delegation visit to Panama with the signing of a memorandum of understanding (MoU) with the Panamanian Chamber of Commerce, Industry, and Agriculture. The strategic agreement aims to boost bilateral trade and investment and build bridges between business communities on both sides. The MoU signing came during ...