News

Dubai private sector rounds off strongest quarter since 2015

  DUBAI / WAM The Emirates NBD Dubai Economy Tracker said that March data signalled a sharp improvement in business conditions across Dubai’s private sector economy, with output, new orders, employment and stocks of purchases all expanding at a faster pace than in the preceding month. This was highlighted by a rise in the NBD Dubai Economy Tracker Index, a ...

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Arab countries account for 15.5 percent of world gas production

  KUWAIT / WAM The Arab region now produces 15.5 percent of the world gas production, an increase of 11.8 percent from the year 1980’s levels, according to the Organisation of Arab Petroleum Exporting Countries, (OAPEC). Kuwait News Agency quoted Engineer Wael Abdul Mo’ti, gas industries expert at the Technical Affairs Department (OAPEC) as saying that Arab countries’ natural gas ...

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Etisalat’s operating expenses up 5.6%

  ABU DHABI / WAM The total operating expenses of Emirates Telecommunications Group Company PJSC, Etisalat, amounted to AED 34.6 billion from AED 32.75 billion last year. The 5.6 percent growth, which excludes the royalty fees to the Federal Government, comes on the back of tremendous business development and strong performance by the Group in 18 markets across the world. ...

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UAE to take part in Hannover Messe fair

  Abu Dhabi / Emirates Business For the tenth consecutive year local industry and government bodies will exhibit at Hannover Messe, the world’s largest manufacturing industry trade fair, being held April 24 – 28 in the German provincial capital. Led by the Ministry of Economy and the Department of Economic Development – Abu Dhabi, the 1,300 square metre UAE pavilion ...

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‘Sharjah-Arab Roundtable’ seeks to attract investment

  SHARJAH / WAM The Sharjah FDI Office, Invest in Sharjah, operating under the auspices of the government of Sharjah, has announced the hosting of Sharjah-Arab Business Roundtable, a massive step in emphasising Sharjah’s importance in the Middle East’s finance and business sectors. The event is a platform for Invest in Sharjah to showcase the emirate’s investment opportunities in a ...

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Mohamed meets Somalian prez

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received, at the Qasr Al Bahr Palace, Mohamed Abdullahi Farmajo, President of the Federal Republic of Somalia, who is currently visiting the country. His Highness welcomed President Farmajo and his accompanying delegation, ...

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ERC provides food aid to Arqa residents

  SHABWAH / WAM The Emirates Red Crescent Authority (ERC) as part of its relief and humanitarian work in Yemen, is providing food aid to the people of the Arqa region in the remote areas and villages of the Shabwah Governorate. The governorate is suffering from difficult economic conditions due to the war initiated by Houthi militias supported by ousted Yemeni president, ...

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DCCI, Google to help businesses grow online

  Dubai / Emirates Business Dubai Chamber of Commerce and Industry (DCCI) and Google have announced their long-term partnership to help businesses across Dubai get online during the 11th World Retail Congress, which recently took place in the emirate. The three-day Congress was held under the theme “Reimagining the Customer Experience”, and brought together 1,500 attendees, including 150 industry leaders ...

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MBRF attracts Emirati talent at UAE Careers

  Dubai / Emirates Business The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) announced its participation for the third consecutive year in the 17th edition of Careers UAE 2017 to be held at the Dubai World Trade Center until April 11. Through its participation, the Foundation aims to attract Emirati talents, and to provide a range of employment opportunities ...

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‘Double efforts to achieve Vision 2021’

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the efficiency and success of the government is measured by it achievements and its ability to secure its goals on time. “Under the leadership of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of ...

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