Dubai / WAM South Korea is committed to expanding cooperation with the UAE in new sectors as both countries push ahead with strategic plans to further develop their economies, President Moon Jae-in of South Korea, told government and business leaders at the UAE-Korea Business Forum on Tuesday in Dubai. Speaking at the forum, which will run until Wednesday, President Jae-in ...
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Abu Dhabi hotel guest numbers rise 15.2% during February
Abu Dhabi / Emirates Business Figures released by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) for its hospitality sector reveal that the number of hotel guests staying in the emirate during February rose 15.2% compared to the same month the previous year, with a surge in Chinese guests spearheading impressive increases for all key source ...
Read More »Emirates to start second daily flight to Prague from July 1
PRAGUE / Emirates Business Emirates on Tuesday announced it will add a second daily flight between Dubai and Prague, after steadily growing passenger numbers on the route during the eight years since launch of operations in July 2010. The new Emirates flight will commence from July 1 to meet the increasing demand for both inbound and outbound travel. The second ...
Read More »Etihad launches Dreamliner on Geneva route
Abu Dhabi / WAM Etihad Airways has launched its flagship Boeing 787 Dreamliner on the Abu Dhabi – Geneva route on March 25, beginning with the summer schedule. Geneva is the second Swiss destination after Zurich served by Etihad Airways’ next generation aircraft which is fast becoming the backbone of the Abu Dhabi-based carrier’s long-haul fleet. The three-class aircraft, featuring ...
Read More »NMC meet explores prospects of developing local media content
ABU DHABI / WAM The National Media Council (NMC’s), Board of Directors has underlined the importance of developing local media content production to achieve the National Agenda 2021 and the UAE Centennial 2071 Plan, at its meeting, chaired by Dr Sultan bin Ahmad Al Jaber, Minister of State and NMC Chairman. Present at the meeting were Noura bint Mohammed Al ...
Read More »Image Nation forms strategic partnership with Futurism
Abu Dhabi / WAM Image Nation Abu Dhabi and Futurism, a web science and technology publication, on Tuesday formed a wide-reaching content partnership. Through the new partnership, Image Nation and Futurism will develop and produce feature films and documentaries, along with scripted and unscripted television series. The companies will also collaborate across existing platforms to market and distribute content. This ...
Read More »SGH Dubai performs intestinal surgery on one-day-old infant
Dubai / Emirates Business The pediatric surgery team in Saudi German Hospital Dubai (SGH Dubai) succeeded in saving an infant’s life suffering from a life-threatening gastric and intestinal dilatation. The medical team that consisted from neonatal intensive care doctors and pediatric surgery doctors did an urgent exploratory operation that ended up successfully. According to Dr. Kamalish Bal, Pediatric Surgery Specialist, ...
Read More »Oil gains as easing trade tensions counter supply fears
Bloomberg Oil traded above $65 a barrel as global trade tensions showed signs of easing, countering concerns that US crude stockpiles may have resumed their expansion last week. Futures in New York rose 0.3 percent, remaining near the year’s highest close set in January at $66.14. A resurgence in risk appetite has helped lift markets from equities to commodities after ...
Read More »Xiaomi’s CEO disses iPhone in unveiling $500 marquee device
Bloomberg Xiaomi Corp. unveiled its latest top-tier smartphone to bring the fight to Apple and Samsung, as the Chinese startup readies a highly anticipated initial public offering. Co-founder Lei Jun showed off the MIX 2S, which starts at 3,299 yuan ($527). The phone—on paper— sports many of the bells and whistles familiar to power users but is about half the ...
Read More »Collapse of HNA’s Swiss IPO sets back $16 billion garage sale
Bloomberg HNA Group Co.’s scrapped initial public offering of its Swiss airline caterer dialed up the pressure for the embattled conglomerate as it seeks to raise about $16 billion during the first half of the year to reduce one of the biggest debt piles in corporate China. The IPO of Gategroup Holding AG would have raised between $917 million and ...
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