News

Dubai / WAM Dubai International (DXB), the world’s number one airport for international passengers with 83.6 million passengers in 2016, was chosen as ‘Middle East’s Leading Airport’ at the Middle East Gala Ceremony of the 24th World Travel Awards on Sunday evening in Dubai. Majed Al Joker, Senior Vice President of Assurance and Control Authorities at Dubai Airports, received the ...

Abu Dhabi / WAM Nuclear energy drives global economic growth, supports sustainable development and is helping to meet growing worldwide energy demands – that was the key message on day one of the International Ministerial Conference on Nuclear Power in the 21st Century, currently being held in Abu Dhabi. Over 700 nuclear energy leaders and experts have convened in the ...

DUBAI / Emirates Business Dubai World Trade Centre (DWTC) is preparing for the fourth edition of its Gulfood Manufacturing, the Middle East’s largest food, beverage, manufacturing and processing exhibition, which promises to be the biggest show to date, shining the spotlight on thousands of the latest food industry solutions and hot topics such as Value Added Tax (VAT) and sector-shaping ...

DUBAI / WAM Dubai Customs has revealed that 33,600 transactions were handled on October 26 as part of the ‘Day Without Service Centres’ initiative instigated by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. This raised the number of declarations by 2 percent compared to the day before. Ahmed Mahboob ...

Ras Al Khaimah / Emirates Business Saud Bin Saqr Establishment For Youth Enterprises Development (RAK-SME) has been named bronze winner of a ‘Company of the Year’ category at The Stevie Awards’ 14th Annual International Business Awards (IBAs). RAK-SME was competing in the ‘Non-Profit or Government Organizations – Small and Medium Size’ category. The award was presented to HE Yousef Esmaeel, ...

Sharjah / WAM Continuing its mandate to highlight women as pivotal members of society and essential drivers of the economy, Women Advancement Establishment (NAMA), joined hundreds of international philanthropists, diplomats, lawyers, economists, entrepreneurs and equality advocates at the Global Women In Leadership (WIL), Economic Forum in Dubai. Held under the patronage of Sultan bin Saeed Al Mansouri, Minister of Economy, ...

DUBAI / Emirates Business Emirates, the world’s best airline according to TripAdvisor 2017, will be adding an extra flight to its service between Dubai and Algiers, making it a daily service from December 13. The launch of the additional flight will complement Emirates’ current six flights a week, and further boost inbound and outbound passenger traffic and cargo flows between ...

DUBAI / Emirates Business Under the patronage of HE Dr Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority – Land and Maritime, the third Maritime Academic Conference & Expo (MARACAD 2017) was held at the Dubai World Trade Centre. MARACAD was held amid the UAE’s comprehensive international campaign to rally support for its ...

Bloomberg Oil extended a two-year high above $60 a barrel in London amid growing signs that OPEC and Russia will press on with supply curbs, and as pipeline flows from Iraq were disrupted. Brent crude futures added 0.3 percent. Saudi Arabian Crown Prince Mohammed bin Salman last week backed extending production cuts by the Organization of Petroleum Exporting Countries and ...

Bloomberg Saudi authorities plan to keep selling local bonds every month as they seek to finance the bud- get deficit and deepen a nascent debt market, according to the official overseeing the kingdom’s borrowing strategy. Fahad Al-Saif, head of the debt management office at the Ministry of Finance, said local issuance makes up about 65 percent of the kingdom’s sales ...