News

Abu Dhabi / WAM Sixty percent of the work on the Razeen Labour Cities External Road and Infrastructure Construction Project at Al Wathba South has been completed, and work is progressing according to plan, according to the Abu Dhabi General Services Company (Musanada). The ZonesCorp project, being constructed at a cost of approximately AED314.25mn, employs some 946 workers across 13 ...

Dubai / WAM The world’s watch industry is set to converge on Dubai for the fourth edition of Dubai Watch Week, the global event celebrating the art of horology, scheduled to take place from November 20-24. The biennial platform, dedicated to uniting and growing the global watch community for the preservation and transmission of horological knowledge, is set to unveil ...

Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza) has further established itself as a global facilitator for business growth and prosperity and a vital engine for Dubai’s economy following the announcement of its half year results for 2019. Dafza’s contribution to Dubai’s foreign trade reached 12% in the first half of the year, confirming the success of its plans ...

Aden / WAM The UAE has launched a relief campaign for internally displaced people camps in Aden governorate as part of its emergency response campaign in the liberated Yemeni governorates. Around 1,400 displaced people across 14 different districts in Aden received the food aid, as part of the ERC efforts to improve living conditions in Yemen. During the last week, ...

DUBAI / WAM The Telecommunications Regulatory Authority (TRA), announced the launch of its digital radio on the Internet. TRA Digital Radio is an effective means by which the public can learn about the most important news, reports and services of TRA, as well as latest developments of the ICT sector. TRA digital radio is a new window through which TRA ...

ABU DHABI / WAM Hazza Al Mansoori, the UAE’s first astronaut, said he was pleased with the historic achievement made for the UAE and the Arabic world after reaching the International Space Station (ISS). Addressing the media shortly after his return to the UAE, along with backup astronaut, Sultan Al Neyadi, Al Mansoori said: “”When I saw HH Sheikh Mohamed ...

Dubai / WAM The 5th edition of Breakbulk Middle East, a platform for exhibitors to display their innovative endeavours and industry-enhancing initiatives will be held from February 25-26, 2020, in Dubai to emphasise the effective use of technology to promote the sector. Speaking on the addition of “Breakbulk AR” at next year’s event, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, ...

Bloomberg As others automakers plan battery-powered SUVs and trucks, Toyota Motor Corp’s vision for the future of driving remains a hydrogen-sipping sedan. The Japanese behemoth will begin sales late next year of the second-generation Mirai, its fuel cell-powered four-door, and ramp up annual production by 10-fold from the current model. Toyota’s bet that it can position a hydrogen sedan for ...

Bloomberg Vietnam’s economic expansion this year may exceed the higher end of an official estimate, President Nguyen Phu Trong said. Growth may be more than 6.8%, and gross domestic product may surpass $266 billion, Trong said in a government statement on Sunday. That compares with the official 6.6% to 6.8% range forecast. Vietnam’s 2019 inflation rate is expected to be ...

Bloomberg Australia is advancing separate talks with the US, Japan and South Korea over the development of local rare earths mining projects in an effort to bolster production outside China, which dominates the output of the materials. Rare earths, a group of 17 elements needed in components for missile systems to consumer electronics, had been flagged as a potential weapon ...