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Dubai Culture, RTA sign cooperation agreement

Dubai / WAM HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority, on Monday signed a cooperation agreement with Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Directors of the Roads and Transport Authority (RTA), in Dubai, as part of Dubai Culture’s ongoing mission to establish the emirate as ...

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UAE allocates $15m to support 400,000 students in Sudan

Abu Dhabi / WAM The UAE on Monday announced AED55 million ($15 million) for school supplies that will support 400,000 students in Sudan. The monetary aid, provided by Abu Dhabi Fund for Development (ADFD), covers educational necessities, including classroom equipment. ADFD, in cooperation with the Sudanese government, supervised the delivery of the first shipment of school supplies that covers the ...

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Dubai developers show latest projects to Chinese investors at LPS Shanghai

DUBAI / Emirates Business Dubai Land Department (DLD) participated in the 20th Luxury Property Show (LPS) Shanghai at the Shanghai Convention Centre through a high-level delegation that included Majida Ali Rashid, CEO of the Promotion and Real Estate Investment Management Sector; and Majid Saqr Al Marri, CEO of the Registration and Real Estate Services Sector. During the show, held over ...

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Etihad app launched in Huawei’s AppGallery

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has announced its “Etihad Airways” mobile application is now available on the HUAWEI AppGallery — the official app store preloaded on all HUAWEI& HONOR smartphones and tablets — enabling 390 million global monthly active users in more than 170 countries and regions to manage their journeys with ...

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Fujairah Terminals receives two new cranes

Abu Dhabi / Emirates Business Fujairah Terminals, wholly owned by Abu Dhabi Ports, on Monday announced the arrival of two new quay cranes at Fujairah Port as part of its extensive expansion plans. The brand new state-of-the-art Post Panamax ship-to-shore cranes, which are among the biggest currently available from manufacturers, were purchased from ZMPC China. As part of the ongoing ...

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UAE and Egypt to bolster trade ties, boost bilateral exports

DUBAI / WAM The UAE and Egypt have agreed to strengthen trade relations and boost bilateral exports between the two countries through a Memorandum of Understanding signed between Etihad Credit Insurance (ECI), the UAE Federal Export Credit company and the Export Credit Guarantee Company of Egypt (ECGE). The agreement, signed by Massimo Falcioni, CEO of ECI and Mohamed Azzam, Managing ...

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Details for Culture Summit Abu Dhabi 2020 announced

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has announced details about next edition of Culture Summit Abu Dhabi, the leading global forum which explores creative cultural solutions to the most pressing issues affecting the world today. Culture Summit Abu Dhabi 2020 will take place at Manarat Al Saadiyat from April 5-9, ...

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China gets twin boost from trade deal, better Nov data

Bloomberg The pickup in China’s economy in November adds to the optimism from the trade deal announced last week, though plenty of downside risks remain as the nation heads into 2020. Industrial output and private consumption were both much stronger than expected, with production jumping 6.2% from a year earlier and retail sales climbing 8%, data released on Monday showed. ...

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Indonesia trade deficit surges to $1.3b

Bloomberg Indonesia’s trade deficit blew out to $1.3 billion in November as imports of consumer goods surged and exports contracted for a 13th straight month. Exports fell 5.7% from a year ago to $14 billion compared to a 2.8% decline forecast in a Bloomberg survey of economists, as the US-China trade war and a global slowdown continued to weigh on ...

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Coca-Cola cans maker in Pakistan mulls $100m sale

Bloomberg Beverage cans manufacturer Pakistan Aluminium Beverage Cans Ltd (PABC), a joint venture of the UK’s Ashmore Group and Pakistan’s Liberty Group Ltd, is exploring a sale that could fetch about $100 million, people with knowledge of the matter said. The shareholders are working with an adviser on the potential sale, said the people, who asked not to be identified ...

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