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Emirati women have become pioneers in strategic sectors

ABU DHABI / WAM Emirati women have overcome many traditional obstacles that obstructed their progress in many countries, enabling them to rise to the stage of complete social partnership and equal representation, as well as to become pioneers in many strategic sectors. Coinciding with the country’s celebration of Emirati Women’s Day that will be held this year under the theme, ...

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Emirates offers special fares for inaugural Edinburgh flight

Dubai / Emirates Business To celebrate the inaugural flight to Edinburgh on October 1, Emirates is offering passengers attractive fares to the Scottish capital. Travellers in the UAE can book special fares on all Economy and Business Class travel from Monday until September 10 for travel between October 1 and May 31, 2019. Economy Class passengers can enjoy fares starting ...

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Sheikha Fatima: Women will remain foundation of building community

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), has congratulated all Emirati women on the occasion of the “Emirati Women’s Day”, which will be held this year under the theme, “Women on the Course ...

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Women empowerment in UAE began with establishment of union

ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has said that the women empowerment in the UAE began with the establishment of the union, with unlimited support from the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, who was a strong supporter of women. On the occasion of Emirati Women’s Day, marked on ...

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Abu Dhabi Government Contact Centre records 3mn cases

DUBAI / WAM The Abu Dhabi Government Contact Centre has handled more than 900,000 calls this year, and its employees have successfully completed more than three million procedures that involve managing cases in the system, achieving 88 percent of customer satisfaction. The Abu Dhabi Government Contact Centre, Abu Dhabi Government’s first integrated communication platform for its customers, has also achieved ...

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Malaysia PM bans foreigners from $100bn property project

Bloomberg Malaysian Prime Minister Mahathir Mohamad said foreigners won’t be allowed to buy property at Country Garden Holdings Co.’s $100 billion project, or be granted visas to live there. The Forest City project near Singapore had targeted buyers from China for its mixed-residential development, as well as investors from Indonesia and Thailand. Malaysia’s My Second Home programme allows wealthy foreigners ...

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Billionaire Adani nears acquisition of GMR power plant

Bloomberg Indian billionaire Gautam Adani’s energy unit is nearing a deal to acquire a 1,370-megawatt thermal power plant backed by GMR Infrastructure Ltd., according to people with knowledge of the matter. Adani Power Ltd. will take over about 38 billion rupees ($543 million) of loans out of a total of 58 billion rupees that GMR Chhattisgarh Energy Ltd. owes, said ...

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Nirav Modi-linked US firms tied to India fraud

Bloomberg Three bankrupt US companies with links to Indian billionaire Nirav Modi were “directly involved” in transactions related to the alleged multibillion-dollar international fraud for which Modi has been charged by Indian authorities, according to an investigation by the court-appointed examiner. The examiner, John J. Carney, found “substantial evidence” that senior officers and directors at Firestar Diamond Inc., A. Jaffe ...

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Floods in India’s top buyer may hit wedding gold demand

Bloomberg Jewelers in India’s biggest gold-buying state expect sales to drop during the peak festival and wedding season after heavy rains and floods caused more than $3 billion of damage. The usual spend of 200 grams to 1 kilogram of gold per wedding in Kerala may drop 50 percent in the next month, B. Govindan, president of the All Kerala ...

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Sinopec raises dividend as oil rally boosts profit to record

Bloomberg China Petroleum & Chemical Corp. raised its dividend payout after half-year earnings jumped to a record, fuelled by improving refining profits and a rebound in crude prices that brought its oil and gas exploration unit closer to breaking even. The world’s biggest refiner by capacity, known as Sinopec, proposed an interim dividend of 0.16 yuan a share, a 60 ...

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