Local News

Julphar posts robust growth

  RAS AL KHAIMAH,  WAM Julphar Gulf Pharmaceutical Industries, the largest generic pharmaceutical manufacturer in Middle East and North Africa (MENA), announced it has closed the year 2015 at AED 1.47 billion, with a growth of 6 per cent against 2014 sales of 1.39 billion. The company demonstrated a steady operational performance during 2015, posting 11.1 per cent year-on-year rise ...

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Etihad, Avianca sign codeshare partnership

  ABU DHABI / WAM Etihad Airways, the national airline of the United Arab Emirates, and Avianca, one of Latin America’s leading airlines, announced a new codeshare partnership. Under the agreement, Etihad Airways will place its ‘EY’ code on Avianca operated flights between Bogota, Colombia, London Heathrow and Madrid Barajas, while Avianca will place its ‘AV’ code on Etihad Airways ...

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At Cityscape, technology takes centerstage

  Ritika Sharma / Emirates Business You can visit your dream home virtually before you decide to settle upon one. If you are a developer you can opt to create your own city on a software and check the permitted Lane space in advance. This is not a scene out of a sci-fi movie. This and more comes alive in ...

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Masdar, China’s BYD sign pact for clean energy

  ABU DHABI / WAM Cityscape Abu Dhabi on Wednesday saw the announcement of a Preferred Partnership Agreement between Masdar, Abu Dhabi’s renewable energy company, and BYD Company Ltd., a leading Chinese corporation specialising in clean and energy-efficient technologies. The agreement will initially focus on promoting the commercialisation of clean transport and battery storage systems, potentially expanding to include activities such ...

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Aldar’s Yas Acres receives strong response

  ABU DHABI / WAM Aldar’s flagship development Yas Acres has received strong response at Cityscape 2016, which is being held at the Abu Dhabi National Exhibition Centre (ADNEC). Talal Al Dhiyebi, Chief Development Officer of Aldar Properties commented, “We are encouraged by the response that Yas Acres has generated at this year’s Cityscape event. A major focus for our development ...

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ADEC, Masdar to strengthen knowledge economy efforts

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, signed a new Memorandum of Understanding (MoU) with the Abu Dhabi Education Council (ADEC) on Tuesday, to provide streamlined procedures for the establishment of schools and institutes of higher education at Masdar City. Under the agreement, Masdar will work closely with ADEC and third-party partners to develop areas of Masdar ...

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UAE, Georgia to facilitate entry of bizmen to both markets

  Dubai / WAM The UAE and Georgia have called for signing an economic and technical cooperation agreement between the two countries to establish a joint economic committee to strengthen communication and facilitate entry of the UAE and Georgian businessmen and investors to both markets. This came during the meeting between Sultan bin Saeed Al Mansouri, Minister of Economy and Georgia’s ...

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Emiratis asked to adhere to travel advisory

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation called on Emiratis to observe and follow the travel instructions before traveling abroad to ensure their security and safety, and to avoid exposure to any possible or expected risk in those countries. Rashid Ali Al Dhahiri, Acting Director of Citizens Affairs at the Ministry, stressed the importance of ...

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Antigua and Barbuda exempts Emiratis from requirement of pre-entry visa

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation, announced that the UAE citizens, holders of diplomatic, special and regular passports, are allowed to travel to Antigua and Barbuda without having to obtain a prior visa with the possibility of staying for a period not exceeding 90 days, extendable for a further period of up to 90 additional ...

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DFM, Nasdaq Dubai launch ‘Annual Trading Game’ for students

  Dubai / WAM Dubai Financial Market (DFM) and Nasdaq Dubai, on Wednesday announced the 14th round of the ‘Annual Trading Game’ for students, the most popular educational competition amongst school and university students in the UAE and beyond, will run between April 26 and May 10. The game comprises trading equities and, for the first time, equity derivatives as well. ...

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