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Bloomberg Airbnb Inc. is largely known for cheap accommodations and the occasional awkwardness that comes with staying in someone else’s home. Now the company wants to broaden its appeal by incorporating what has long been seen as the enemy: hotels. At a company event, Brian Chesky, Airbnb’s co-founder and chief executive officer, outlined a roadmap designed to make his service ...

NEW DELHI / Reuters Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilise oil markets after the current supply cut deal ends this year, its oil minister said on Saturday. The Organization of the Petroleum Exporting Countries is reducing output by about 1.2 million barrels per ...

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation and the Ministry of External Affairs of India have agreed on setting up a joint committee to follow up the implementation of the Memorandum of Understanding (MoU) signed between the two countries in the manpower field. The signing ceremony of the MoU took place earlier this month and was ...

ABU DHABI / WAM The total number of new economic licences in the Emirate of Abu Dhabi that were issued by Abu Dhabi Business Center of the Department of Economic Development (DED) reached 9,412 in 2017 compared to 9,089 new licences in 2016, indicating an increase by 3.5 percent. The report of the economic licencing activity in Abu Dhabi which ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the second round of Arab Hope Makers, the largest Arab initiative dedicated to celebrating philanthropic efforts. The initiative seeks to honour and promote the people who spread hope, and who encompass the values of giving, positivity and ...

Dubai / WAM Dubai has once again improved its innovation performance climbing one spot to rank 14th among 30 global cities on the 3rd Dubai Innovation Index, outperforming major business destinations such as Berlin, Madrid, Shanghai and Sao Paulo. The findings of the latest Index were released by the Dubai Chamber of Commerce and Industry on the sidelines of the ...

Dubai / WAM His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), issued on Saturday Directive No. (1) of 2018, reinstating DIFC Authority’s Board of Directors for a two-year term. DIFC Authority’s Board of Directors is mandated to ensure that all the Centre’s activities, ranging from ...

Dubai / WAM The Dubai Airport Free Zone Authority (DAFZA), on Saturday launched a new cutting-edge solution, CONNECT, which has been designed to take customer services and human resources at the free zone to the next level. The launch comes as part of DAFZA’s wider strategic plan and ‘Customer Happiness Index,’ which aims to continuously increase customer happiness and, in ...

Dubai / WAM As part of efforts to strengthen trade ties between the UAE and Argentina, the Emirates Argentina Business Platform is to open its office in Jebel Ali Free Zone (Jafza). The agreement follows a meeting between Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation, and Miguel ...

SHARJAH / WAM Sharjah and the Netherlands committed to work more closely with each other and strengthen and expand trade ties even further. During a series of panels and debates at a round table event, members of the Sharjah FDI Office (Invest in Sharjah) and the Netherlands and BeNeLux Business Councils agreed that positive, practical steps will be taken to ...