SHARJAH / WAM Sharjah Business Women Counci (SBWC), is to organise a workshop for women entrepreneurs tomorrow, to boost their entrepreneurial confidence. Motivational speaker Kevin Abdulrahman, known as ‘The Man Inspiring Millions’, will be giving a full day workshop at 1020 Avenue, Sharjah, from 09:30 – 16:00hrs. The session is especially tailored for women wanting to become entrepreneurs and is ...
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DXB passenger traffic tops 8.2mn in August
DUBAI / WAM Dubai International (DXB), registered yet another month of record passenger traffic with 8.2 million passengers welcomed in August, according to the monthly traffic report issued on Tuesday by operator Dubai Airports. Boosted by the seasonal rush of travellers, particularly UAE residents returning for the start of the academic year, passenger traffic at DXB reached 8,233,311 in August ...
Read More »Dubai Land Department issues 8,500 realty permits in 12 months
DUBAI / WAM Dubai Land Department (DLD), announced that it issued a total of 8,500 real estate permits from the outset of August 2016 to the end of August 2017. Among the 16 categories of real estate permit issued by the Real Estate Regulatory Agency (RERA), E-advertising permits ranked first with 6,393, followed by classified ads with 517, billboards with ...
Read More »VP, Mohamed launch AED500mn Mars Science City
Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces have launched the Mars Science City project on Tuesday. The AED 500 million-City will cover ...
Read More »VP and Mohamed chair UAE goverment annual meetings
Abu Dhabi / WAM The annual meetings for the UAE government were held in Abu Dhabi on Tuesday, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The ...
Read More »Dubai fourth most popular city globally
Dubai / WAM Dubai retained its ranking as the fourth most popular travel destination in the world, according to the ninth annual Mastercard Global Destinations Cities Index. The emirate welcomed 14.87 million international overnight visitors in 2016, with an expected continued growth of 7.7 percent for 2017. Dubai continues to be the city with the highest international overnight visitor spend, ...
Read More »UAE recognised as a booming market for global glass industry
Dubai / Emirates Business Over 140 exhibiting brands from 27 countries arrived in Dubai to participate at Gulf Glass, the largest flat & container glass event in the region, which will run until September 27 at the Dubai World Trade Centre. With more than 10,000 construction projects currently active in the GCC, the demand for glass and glass related products ...
Read More »Oil prices to rise to $60 as OPEC likely to extend cuts
SINGAPORE / Reuters Oil prices may rise to $60 a barrel by the end of this year or by early 2018 as OPEC and non-OPEC producers are expected to extend supply cuts beyond March, while oil inventories continue to decline, a former Saudi energy ministry official said in Washington. “With the current arrangement and commitment of major producers, and their ...
Read More »Crude back in bull market as Kurdish vote amplifies supply risk
Bloomberg US crude was back in a bull market on Tuesday as Turkey threatened to shut down Kurdish oil exports in response to the region’s independence vote, while Trafigura Group and Citigroup Inc. added to warnings of a looming supply squeeze. Turkey can “close the valves†on oil shipments from Kurdistan, Turkish President Recep Tayyip Erdogan said. Ankara opposes an ...
Read More »Kuwait wealth fund assets grew over 34 percent in five years
KUWAIT / Reuters Assets managed by Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, have grown more than 34 percent over the past five years, Finance Minister Anas al-Saleh said. Speaking at a Euromoney conference, Saleh described the state’s reserves and assets, managed by the KIA, as representing a “safety valve” for the economy during times ...
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