News

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry participated in the 4th National Export Forum in Kiev where the organisation showcased Dubai’s economic prospects and competitive advantages as a strategic trade hub. Representatives from the chamber’s Azerbaijan office delivered a presentation highlighting Dub-ai’s global appeal and strengths including its ideal geographic location between East and West, world-class ...

ABU DHABI / WAM The Abu Dhabi Executive Committee has approved a proposal to reduce tourism fees from 6 percent to 3.5 percent and municipality fees from 4 percent to 2 percent. This came during a meeting of the Committee, which was presided over by Jassim Mohammed Buatabh Al Zaabi, Chairman of the Committee. The Committee also sanctioned a proposal ...

Bloomberg Russia plans to propose that OPEC and its allies be allowed to return production to October 2016 levels, rolling back most but not all of their output cuts within three months, according to a person familiar with Moscow’s thinking. All the nations would proportionally share out a 1.8 million barrel-a-day increase to their output limit starting as soon as ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of the Dubai Electricity and Water Authority (Dewa), welcomed Low Pit Chen, Consul-General of Singapore in Dubai and the Northern Emirates. This is one of a series of visits by diplomatic and consular officials to Dewa to explore relations, exchange expertise and promote cooperation in power and water. Al Tayer ...

MAKKAH / WAM The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received in Makkah His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. Sheikh Abdullah bin Zayed conveyed to King Salman the greetings of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid ...

ABU DHABI / WAM Mohamed Khalifa Al Mubarak, Chairman of the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has said that the Executive Council’s decision to adopt the proposal, put forward by DCT Abu Dhabi to reduce tourism and municipality fees will enhance the emirate’s international tourism competitiveness by strengthening its value proposition and by encouraging ...

DUBAI / Emirates Business Dubai Airport Freezone Authority (Dafza), one of the UAE’s leading free zones, announced a new strategic partnership with Daegu Gyeongbuk Free Economic Zone Authority (DGFEZA) in South Korea. The Memorandum of Understanding (MoU) will aim to increase collaboration between the two parties and expand bilateral trade between the free zones. The MoU was signed in the ...

DUBAI / WAM Emirates Airlines will be boosting its flights to Jeddah during the busy Umrah season. The airline will operate 24 extra flights, adding more than 10,000 additional seats between Dubai and Jeddah from June 12-14. The additional flights will be serviced by the Boeing 777-300ER. Emirates’ additional flights will help accommodate more convenient travel through Dubai during the ...

DUBAI / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) continues its unwavering support of innovative start-ups with its backing of DUBZ, a baggage storage and delivery start-up. Following advisory services and market access to leading aviation players provided by the Department, DUBZ has partnered with dnata, one of the world’s largest air services providers, to introduce ...

Abu Dhabi / Emirates Business The UAE Organising Committee of the 24th World Energy Congress and World Nuclear Association announced on Wednesday the signing of a Memorandum of Understanding (MoU), focussed on endorsing progression in energy transition and supporting nuclear technology during the 24th World Energy Congress to take place in Abu Dhabi in 2019. World Nuclear Association is the ...