News

Adnoc to cut oil sales to buyers by 10% as part of OPEC pact

  Bloomberg The United Arab Emirates is cutting back supplies to customers in June as part of its agreement with OPEC to curb production. Abu Dhabi National Oil Co. will reduce sales by 10 percent, a company spokesman said on Saturday by phone. The state-owned producer, known as Adnoc, cut supplies for May by 7 percent. The UAE, the fourth-biggest ...

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Abu Dhabi invests AED32bn to develop industrial zones

  Abu Dhabi / Emirates Business Abu Dhabi benefited from increased industrial investments over the past years as a result of efforts to achieve economic diversification, a strategic objective of the Abu Dhabi Plan and the emirate’s economic vision, with integral facilities and world class logistical and organizational capacities provided. Seeking to support the industrial sector, the Emirate of Abu ...

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UAE Pavilion advances Emirati-German biz ties at Hannover Messe

  HANNOVER / WAM After five days, 250,000 visitors and 6,500 exhibitors, Hannover Messe draws to a close, as the UAE Pavilion reflects on yet another successful participation for a milestone tenth year. The UAE Pavilion, consisting of 31 government and private sector exhibitors, saw a variety discussions and agreements with foreign officials, internationals stakeholders and fresh investors. Led by the ...

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Registrations for YBL award opens

  Dubai / WAM Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, announced that registrations for the 10th edition of the Mohammed Bin Rashid Award for Young Business Leaders (YBL) can be done on the website www.smeawards.ae from April 30 to August 31. The award will be given under the patronage of ...

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Emirati medical cadres urged to join Somalia campaign

  Dubai / WAM Zayed Giving Convoys have invited Emirati medical cadres to volunteer through the “Doctors Programme,” which will allow them to participate in humanitarian missions of mobile caravan clinics and hospitals in Somalia. The gesture is in response to 2017 being named the Year of Giving by President His Highness Sheikh Khalifa bin Zayed Al Nahyan and coincides with ...

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VP launches UAE Soft Power Council

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched on Saturday the UAE Soft Power Council, which will define a comprehensive strategy to reinforce the country’s position and consolidate its values of respect and appreciation with governments and citizens across the world. The UAE Soft Power Council ...

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Sharjah Int’l Airport sees 2.74mn passengers in Q1

  Sharjah / WAM Sharjah International Airport achieved a 2 percent growth in passenger traffic during the first quarter of 2017, which reflects increased passenger satisfaction in the quality services provided by the airport. The total number of passengers that passed through Sharjah International Airport in the first quarter of 2017 grew to 2.741 million, up from 2.687 million passengers during ...

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Ministry of Culture marks International Workers Day

  Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, stressed that the world is now witnessing the progress achieved by the wise leadership of the UAE in labour rights. The progress in labour rights, witnessed both at the regional and international levels, is a result of the efforts made to create an atmosphere ...

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Al Qudra Holding posts AED264 million profit

  ABU DHABI / Emirates Business Al Qudra Holding PJSC held its annual general meeting recently, and presented its 2016 full activity report for the financial year ending December 31, 2016. Following the meeting Al Qudra Holding announced that the company achieved great results on all levels. The AGM’s quorum was complete, a new Board of Directors of five executives ...

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DHA cancels predated sick leave

  DUBAI / WAM The Dubai Health Authority (DHA) on Sunday announced that predated sick leave of three consecutive days or more will no longer be issued, which means sick leave can only be given on the day patients visit medical facilities and not on previous days. The DHA urged physicians and others personnel at public and private medical facilities ...

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