Local News

Emirates to fly A380 services to Birmingham, Beijing and Shanghai

Dubai / WAM Emirates Airlines announced on Monday that it will be introducing a second daily A380 service between Dubai and Birmingham, beginning 29th October 2017. Flight EK39/40, currently operated by a Boeing 777, will now be operated by the Emirates A380, adding to the existing daily A380 already operating on the route. Following the suspension of one of its ...

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Emirates Foundation launches app to make volunteering easy

Abu Dhabi / WAM Emirates Foundation, an independent philanthropic organisation set up by the Abu Dhabi government to facilitate public-private funded initiatives to improve the welfare of youth across the UAE, announced the launch of its ‘Volunteering’ Mobile App as part of its 10th annual Ramadan Campaign led by the Takatof volunteering initiative. The Volunteering Mobile App will aim to ...

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Global progress in forecasting future discussed at WGSO

DUBAI / Emirates Business The World Government Summit Organisation (WGSO) held a session titled ‘Future Trends and How to Forecast Them’ to discuss global progress in the field of forecasting the future and developing solutions for the challenges that are expected to face decision makers in the public and private sectors. The session seeks to support governments’ efforts to forecast ...

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Dubai Chamber hosts ‘Give & Gain Day’

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business organised its annual Give & Gain Day, the largest employee volunteering event in the UAE, as part of the Engage Dubai programme. Participating for the seventh consecutive year, ENGAGE Dubai mobilised employees to volunteer during work hours in schools, universities, local charities and community group, ...

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Neopharma invests AED880mn towards diabetes management

Dubai / Emirates Business Neopharma, one of UAE’s leading pharmaceutical manufacturing company invested a total of AED100 million in a state-of-the-art Japanese factory, AED265 million in the acquisition of patents and licenses and an additional investment in clinical studies amounting to AED515 million. The factory in Japan will manufacture supplements for patients in the pre-diabetic stage and also Type II ...

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Boeing inks defense, commercial deals with Saudi Arabia

DUBAI / Reuters Boeing Co said on Sunday it had signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft during a visit by US President Donald Trump to the kingdom. The announcement is the latest in tens of billions of dollars in deals signed between US and Saudi firms since Trump ...

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Dubai retail sector sees robust commercial activities in Q1

Dubai / WAM The Business Registration and Licensing (BRL) sector in Dubai Economy has issued 5,646 commercial permits during the first quarter (Q1) of 2017 as the emirate witnessed hectic commercial activity during the period. Advertising accounted for the largest share of 28 percent with 1,604 permits while the emirate’s flagship retail sector stood second with 1,387 permits, or 24 ...

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RAK explores investment ties with EU countries

RAS AL-KHAIMAH / WAM Ras al-Khaimah Chamber has explored joint economic cooperation and investment opportunities with France, Germany and Spain. This came during a meeting organised by the chamber at its headquarters which was attended by representatives from the French Business Council, the Spanish Business Council and the German Emirati Joint Council for Industry and Commerce, with the participation of ...

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VP launches ‘2071 Zone’

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that the UAE is moving forward in building a universal model to achieve innovative ideas to serve humanity, and that the UAE’s Centennial Vision 2071 originated from the historic lecture delivered by His Highness Sheikh Mohamed bin Zayed ...

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ET revenues grow 10.6% to AED2.4bn in 2016

Dubai / WAM Emirates Transport (ET), reported that revenues increased by 10.6 percent to AED2.4 billion by the end of 2016, while its net profit rose to AED182.4 million, representing a growth of 25 percent from 2015. ”The corporation recorded a 61 percent return on capital, and has 3.019 billion in total assets,” said Mohammad Al Jarman, General Manager of ...

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