News

UAE-China ‘work plan’ to bolster economic, customs cooperation

ABU DHABI / WAM The UAE and China signed an Economic Development Work Plan, with the aim of promoting commercial and customs cooperation. The work plan involves five stages of detailed procedures, which will see further trade and investment agreements between the two countries coming into fruition. The Economic Development Work Plan was signed during the first meeting of the ...

Read More »

DAE to sell 18 mid-life aircraft

DUBAI / WAM Dubai Aerospace Enterprise (DAE) entered into a definitive sale agreement to sell a portfolio of 18 mid-life aircraft to institutional investors. The 18 aircraft in this portfolio are on lease to 15 airlines in 13 countries and have a weighted average age of approximately nine years with a weighted average remaining lease term of 4.5 years. The ...

Read More »

Empower to set up first unmanned ‘cooling plant’

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) is building a new 50,000 Refrigeration Tonnesm (RT) unmanned district cooling plant in Jumeirah Village Circle (JVC). Being built at a total cost of AED250 million, the project is part of company’s expansion plan of increasing the number of district cooling plants across Dubai, to serve major projects. This is also ...

Read More »

100 students secure funding, support from ‘Expo Live’

Dubai / WAM Twenty-eight student teams from 16 universities across the UAE have secured the funding and support needed to take their creative solutions to the next level, thanks to Expo 2020 Dubai’s innovation and partnership programme ‘Expo Live’. The teams, comprising about 100 students, are to each receive grants of up to AED50,000, plus guidance and exposure, to advance ...

Read More »

Mohamed, S Korean official discuss means to develop bilateral ties

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Monday at the Beach Palace in Abu Dhabi, the Speaker of the National Assembly of South Korea, Moon Hee-sang, and his accompanying delegation. Dr Amal Abdullah Al Qubaisi, Speaker of Federal National ...

Read More »

Emirates to operate A380 service on Glasgow route

Dubai / WAM Emirates on Monday announced it will introduce a daily A380 service for a temporary period between Glasgow and Dubai from April 16, 2019. It will be the first time the double decker aircraft will operate on a scheduled basis to Scotland. The larger capacity A380 will replace Emirates’ current twice daily Boeing 777 service between Glasgow and ...

Read More »

‘Innovation accelerator’ set up to support innovators in UAE

Dubai / Emirates Business In line with its efforts to support the UAE National Innovation Strategy, His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance (MoF), on Monday launched the Mohammed Bin Rashid Innovation Fund Accelerator. The launch took place at a special event held at Dubai Opera, in the presence of HE ...

Read More »

Tolerance helps establish a global, cohesive society: VP

DUBAI / WAM Following the decision by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, declaring 2019 as the ‘Year of Tolerance’, the Vice President, Prime Minister and Ruler of Dubai, directed the formation of the ‘Supreme National Committee for Tolerance’. The newly formed Committee for Tolerance will be chaired by His Highness Sheikh Abdullah bin Zayed Al Nahyan, ...

Read More »

Abu Dhabi to organise third edition of Culture Summit in April 2019

ABU DHABI / WAM In collaboration with five cultural partners representing influential sectors in the fields of media, heritage, arts, museums and technology, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, will organise the third edition of the Culture Summit Abu Dhabi from April 7-11, 2019 at Manarat Al Saadiyat in Abu Dhabi. The partners are ...

Read More »

Dubai’s Careem rolls out online delivery service

Dubai / Emirates Business Careem, the region’s leading technology platform, has launched an online delivery platform for goods and services. Careem NOW is Careem’s expansion into the food delivery market as the company expands its platform beyond ride hailing to payments, delivery and mass transportation. Adeeb Warsi, MD of Careem NOW, said: “Careem NOW can do for food delivery what ...

Read More »
Send this to a friend