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We seek to harness all resources to achieve aspirations of Emiratis

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has affirmed that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, to ensure the protection and development of society is vital for the ...

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UAE-France Cultural Dialogue 2018 launched

Abu Dhabi / WAM A new cultural initiative, UAE-France Cultural Dialogue 2018, has been announced on Saturday that will endeavour to continue to strengthen the long-standing and fruitful relationship between the two countries. This ongoing affiliation was reaffirmed during the inauguration which took place at the Louvre Abu Dhabi, a creative impetus which reflects strategic partnerships, a strong economic bond ...

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Arab Youth Opportunity Platform’ launched

DUBAI / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has launched the ‘Arab Youth Opportunity Platform,’ the largest of its kind, featuring more than 2,000 opportunities for Arab youth in different specialisations. “Supporting and empowering Arab youth is not an individual responsibility. It is rather a national responsibility that everyone ...

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Riad Al Sadek awarded honorary doctorate

Dubai / Emirates Business Birzeit University, in a ceremony held under the patronage and in the presence of His Highness Sheikh Nahyan bin Mubarak Al Nahyan, the UAE Minister of Tolerance, who has conferred the Doctorate Honoris Causa to the Palestinian – Emarati businessman Riad T Al Sadek, for his great efforts in the social and economic development of the ...

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MAG LD appoints enabling contractor for AED550 million MAG 318 project

Dubai / Emirates Business MAG Lifestyle Development (MAG LD), the development arm of MAG Group, is making strong progress at MAG 318, where Dutch Foundation has been appointed as the enabling contractor. Construction is continuing as planned and Dutch Foundation has received its shoring permit, with mobilisation scheduled to start very soon. The AED 550 million project is well on ...

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Dubai Culture announces SIKKA Art Fair line-up

Dubai / WAM The Dubai Culture and Arts Authority, Dubai Culture, has announced its line-up of artists for the eighth edition of the SIKKA Art Fair 2018. Held under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman of Dubai Culture, SIKKA will take place from March 17-26 at Al Fahidi Historical Neighbourhood. The judging ...

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Europe warned of gas crunch without import from Russia

LONDON / Reuters Europe will face a gas shortage and price spike as soon as the next decade if it doesn’t decide quickly to boost imports from Russia as gas purchases from the United States fail to match demand, Kremlin energy giant Gazprom told Reuters. The Trump administration has said it intends to level the playing field in energy markets ...

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Iraq seeks $100bn foreign investment

BAGHDAD / Reuters Iraq seeks around $100 billion in foreign investment in transport, energy and agriculture as part of a plan to rebuild parts of the country and revive the economy after a three-year war on IS. The government’s National Investment Commission published a list of 157 projects it will seek investment for at an International Conference for Reconstruction of ...

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India’s Modi pledges $40mn for Palestine’s economic development

Bloomberg Narendra Modi pledged $40 million for economic development in the Palestinian territories, marking the first-ever visit by an Indian prime minister to the West Bank. “We discussed regional and global developments that have a role in peace in the world and in the region,” Modi said on Saturday in Ramallah, where he appeared alongside Palestinian Authority President Mahmoud Abbas. ...

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Top Japanese Wagyu exporter sees sales surging 16 percent to record

Bloomberg Itoham Foods Inc. the biggest exporter of Japan’s premium Wagyu beef, expects shipments to climb to a record as demand from Taiwan is set to triple and exports to Brazil may begin. The unit of Itoham Yonekyu Holdings Inc. predicts exports may increase to 2.9 billion yen ($26.6 million) in the year starting April 1 from 2.5 billion yen, ...

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