News

Bloomberg Facebook Inc. is facing more blowback for its decision to categorise the promotion of news articles as political content, with global publishers now urging Chief Executive Officer Mark Zuckerberg to change its policy. Seven trade groups representing media publishers and broadcast organis­ations in more than 120 countries including the New York Times, BBC.com and 21st Century Fox, sent a ...

Bloomberg The UK economy continued to create jobs at a healthy pace in the three months through April but wage growth unexpectedly slowed. The employment rate reac-hed a record-high 75.6 percent after economy added 146,000 jobs, more than the 120,000 predicted by economists. The jobless rate held at 4.2 percent, its lowest since 1975. However, a surprise moderation in the ...

Bloomberg With a government order to recall 774,000 vehicles in Europe, Daimler AG stands accused of having used illegal defeat device in its engines, while escaping the crushing cost of fines. The move follows consultations with the German government in Berlin on June 11, which Daimler Chief Executive Officer Dieter Zetsche called “constructive.” Transport Minister Andreas Scheuer for his part ...

ABU DHABI / WAM The Federal Authority for Government Human Resources has announced that Eid al-Fitr holiday for federal entities in the UAE will begin on Thursday 29th Ramadan (corresponding to June 14), until 3rd Shawwal, which is yet to be declared. The Authority conveyed its greetings to President HH Highness Sheikh Khalifa bin Zayed Al Nahyan, and Their Highnesses ...

Dubai / Emirates Business Latest survey data signalled a sharp and accelerated improvement in the health of Dubai’s non-oil private sector. Output and new orders both expanded at the strongest rates since early 2015, with increases in the travel & tourism and wholesale & retail sectors key drivers of May’s improvement. Reflective of strong business conditions in the sector, positive ...

DUBAI / WAM Dubai-based developer Nakh-eel has awarded a contract worth AED447 million for the construction of a 12-lane bridge connecting the Dubai mainland with Deira Islands. The 600 metre bridge, being constructed by Wade Adams Contracting LLC under the supervision of the Roads and Transports Authority (RTA) will provide the main access route to the new, 15.3 square kilometre ...

Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), the government body responsible for promoting the destination in key international and regional markets, has further strength- ened its position in in Europe with targeted industry initiatives in the first 5 months of the year. As part of RAKTDA’s destination 2019 strategy, increased emphasis has been put on growing further awa-reness ...

MAKKAH / WAM The UAE, Saudi Arabia and Kuwait have agreed to provide a $2.5 billion economic aid package to Jordan, to help the country which is facing an economic crisis following anti-austerity protests. The announcement was made in a joint statement following an emergency summit of the four nations which was held in Makkah. The meeting was hosted by ...

Abu Dhabi / Emirates Business Effective October 28, Etihad Airways, the national airline of the UAE, will introduce a 299-seat next-generation Boeing 787-9 Dreamliner on its daily mid-morning EY653 / EY654 schedule from Abu Dhabi to Cairo. Etihad Airways will operate four daily services, the most frequent number of flights operated by any UAE airline to the Egyptian capital, offering ...

DUBAI / WAM The 2018 edition of the Dubai HeliShow is ready to begin its run from November 6-8 at the Royal Pavilion, Al Maktoum International Airport, Dubai South, under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, with over 60 exhibitors and visitors from more than 30 countries. ...