News

Dubai / WAM Bilateral trade between the Emirate of Dubai and the United States of America has risen 76 percent in a decade, said the Director-General of Dubai Customs, Ahmed Mahboob Musabih. Musabih’s remarks were made during a meeting between Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC, and ...

Dubai / Emirates Business Emirates is celebrating a milestone in its operations to South Africa, marking 10 years of service to the port city of Durban. The first Emirates flight between Durban and Dubai operated on October 1, 2009, and the airline has since carried over two million passengers on the route. “The past 10 years have been both rewarding ...

Abu Dhabi / Emirates Business The first purpose-built accommodation project at Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports, was launched, with housing and community amenities for 5,000 management and operational employees. The 75,000 square metre accommodation plot is located in Area B of Kizad, within the China-UAE Industrial Capacity Cooperation Demonstration Zone, which was established ...

Dubai / Emirates Business Over 15,000 dnata employees around the world teamed up and took part in the company’s unique fundraising activity, ‘dnata runs the world’, to make a positive difference to the lives of others. Across the continents, from Sydney to San Francisco, teams from 26 countries joined the challenge to run combined distance of circumference of the world, ...

Dubai / Emirates Business Often called the city of the future, Dubai has become synonymous with innovation and future-proofing its tourism linked economy. Dubai continues to spearhead sustainability initiatives, cultivating a key pillar within its tourism infrastructure by positioning Dubai as a world leading sustainable tourism destination and commercial hub. Such measures and initiatives remain at the forefront of the ...

Bloomberg India recorded its best monsoon season in 25 years, paving the way for more bountiful crops including oilseeds and pulses. The monsoon rains, which provide more than 70 percent of the country’s annual rainfall and run from June to September, totaled 968.3 millimeters, data from the India Meteorological Department show. That’s 10 percent above the 50-year average, and the ...

Bloomberg Chinese companies purchased US soybeans after the government issued more waivers for retaliatory-tariff free imports, according to people familiar with the situation. Both state-owned and privately run firms purchased between 12 and 15 cargoes, or as much as 1 million tons, of the commodity, said the people, who asked not to be identified as the information is private. Some ...

Bloomberg India’s core infrastructure industries’ output contracted for the first time in more than four years in August, reflecting weak demand in the economy. The index of eight core infrastructure industries, which comprises output of coal, crude oil, cement and electricity among others, fell 0.5 percent in August. It had last declined in April 2015. The overall output was weighed ...

Bloomberg Kansai Electric Power Co is set to disclose more details of a nuclear payoff scandal as investor scrutiny intensifies and the government orders an independent investigation. The utility plans to identify the 20 company officials who accepted gifts, including details about the cash and goods they received, at a press conference at 2 pm in Osaka, according to Kyodo ...

Bloomberg A blanket of smog covering Vietnam’s capital of Hanoi is causing officials to warn residents to avoid going outside and wear protective masks. Hanoi was listed as having the worst air globally for pollution in major cities at 2 pm local time, data from monitoring firm Impair Air Visual showed. The Vietnam Environment Administration attributed the increase in smog ...