News

Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada), revealed that the work in the Abu Dhabi Ladies Club project is nearly complete, to be eventually handed over to Abu Dhabi Sports Council (ADSC), by end of the year. This forms part of Musanada’s efforts to contribute to achievement of the objectives of Abu Dhabi Plan, supporting UAE women ...

Bangkok / WAM TRANSCO, a subsidiary of Abu Dhabi Water and Electricity Authority (ADWEA), has once again been awarded the “Best Utility of the Year-UAE” at the Asian Power Awards 2017 held on 20th September. Over a hundred senior executives and key industry figures representing several Asian utilities flocked to Bangkok, Thailand, for the ceremony. The awards were expertly judged ...

Dubai / Emirates Business His Excellency Dr Thani Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, was briefed on the collaboration efforts between IBM, Future Society of Harvard and the Global Manufacturing and Industrialization Summit to use cognitive computing, also widely known as artificial intelligence, to monitor, simulate, predict and suggest policy recommendations related to achieving the UN ...

Abu Dhabi / Emirates Business Abu Dhabi has been named the fastest growing destination city in the Middle East and Africa, according to the 2017 Mastercard Global Destination Cities Index. The UAE capital ranked fourth globally as a leading destination city with a projected increase of 4.5% in visitor figures, as well as the fourth fastest growing destination city out ...

DUBAI / Emirates Business Palma Holding, which operates across three main divisions including Real Estate Development, Sales and Leasing and Property Management, announced that it has signed partnerships with four premium brands – Dada, DEDON, Molteni&C and TechnoGym – for its luxury Serenia Residences development. The AED 1.5 billion project is taking shape as the only exclusively residential community on ...

ABU DHABI / Emirates Business The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced its first retail offering in Saadiyat Cultural District as an opportunity for business investors to lease food and beverage (F&B) and retail space at Mamsha Al Saadiyat, Saadiyat Island’s modern beachfront-living project. TDIC will offer ...

DUBAI / Emirates Business In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into the world’s capital of Islamic economy, Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, is ...

DUBAI / Emirates Business The Middle East’s dedicated trade fair for intralogistics, supply chain management, freight and cargo concluded, bringing a successful end to three-days of busy networking and discussions of the latest trends and innovations in the market today. Materials Handling Middle East 2017 featured 126 exhibitors from 21 countries, and welcomed 3,300 visitors from 50 countries at the ...

Bloomberg Boeing Co. is making the best of its unlikely rapport with President Donald Trump. The planemaker’s latest victory came when the Trump administration slapped far larger duties on a competing Bombardier Inc. jet than Boeing had requested in a trade spat with its Canadian rival. There’s also been good news for the company’s defense division as the Pentagon acquired ...

Bloomberg Croatia bucked the trend of eastern European Union countries putting off their commitments to adopt the euro by setting 2020 as a target date to join ERM-2, the waiting room for the common currency. The newest EU member plans to join the exchange-rate mechanism, where all new euro members must remain for two years to show currency stability, and ...