Local News

  Abu Dhabi / Emirates Business Al Yah Satellite Communications Company (Yahsat) and EMEA Satellite Operator’s Association (ESOA) hosted a gala dinner to discuss opportunities for the satellite industry and identify ways of future collaboration. Prominent industry leaders from organisations including UAE Space Agency, Thuraya, Arabsat, SES, Arianespace, Telespazio, Inmarsat exchanged ideas and explored prospects. “Historically, satellite services have been ...

  Abu Dhabi / Emirates Business ADNOC Distribution on Thursday announced the opening of Al Hadeetha service station at Al Hamra area in the emirate of Umm Al Qawain (UAQ). The new service station takes the total number of stations operating within the ADNOC Distribution network in Umm Al Qawain to 13. Open round-the-clock, the new service station comprising four ...

  Dubai / Emirates Business DAMAC Properties on Thursday announced the launch of AKOYA Manarola, a unique collection of colourful villas directly facing the international golf course and nestled within AKOYA Oxygen. Inspired by the charming village of Manarola on the Italian Riviera, this vibrant community is where creative and passionate individuals find inspiration in the very place they call ...

  Abu Dhabi / NEW DELHI / WAM The UAE reviewed the steps it has taken so far to further promote entrepreneurship environment and highlight opportunities of building economic and business partnerships that support small and medium entrepreneurs (SME) to penetrate into new markets at regional and international levels. This came during the panel discussion themed ‘Global Partnership Opportunities for ...

  DUBAI / Reuters Etihad Airways has set its planned five-year sukuk at $1.5 billion, the upper end of an expected range of $1.25 billion to $1.5 billion, banks leading the transaction said on Wednesday. The UAE airline set the final spread for its debut Islamic debt issuance at 210 basis points over midswaps, after one bank involved said on ...

ABU DHABI / WAM UAE-based satellite operator Yahsat said on Wednesday the company had entered into a strategic partnership with Talia, a market-leading teleport, satellite and terrestrial network operator. Under the agreement, Talia is committed to capacity on Yahsat’s upcoming Ka-band Al Yah 3 satellite, located at 20 degree W, to be launched in 2017, alongside existing services on the ...

  ABU DHABI / WAM In line with his commitment to innovation as a key pillar of future government work, HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the Minister of Finance of the UAE, inaugurated on Wednesday the Innovation Lab at the Ministry of Finance (MoF) Headquarters in Dubai. He attended the first brainstorming session ...

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, on Wednesday morning received the credentials of new ambassadors of several friendly countries to the UAE, at Al Mushrif Palace. Also present were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of ...

  Abu Dhabi / Emirates Business With more than 60,000 race fans converging on the capital city for the Formula 1 Etihad Airways Abu Dhabi Grand Prix and related festivities between November, 25 and 27, Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is forecasting highly impressive occupancy rates of 92 percent in the emirate’s leading hotels over the ...

  Abu Dhabi / WAM Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), signed a Memorandum of Understanding, (MoU) to the tune of AED12 million with Hadidi Amer, Naama Province Section Chief at the Ministry of Health, Population and Hospital Reform in Algeria. The MoU was signed in the presence of HH Sheikh Mansour bin Zayed ...