News

DUBAI / WAM The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) is joining hands with the Emirates Youth Council to hold a Youth Circle on Twitter on Wednesday from 6:30am to 8:30pm. Titled “How to Make Arabic the Language of Science and Knowledge?”, the real-time discussion will take place via the hashtags: #Youth_Circle and #Bil_Arabi, allowing participants around the ...

COPENHAGEN / WAM The Government of Fujairah has signed a partnership agreement with Minpoint Business Investments and NIRAS International Consultancy, to begin the first phase of construction of the Smart Logistics City in Fujairah. The agreement was signed in the Danish capital, Copenhagen, by Mohammed Saeed Al Dhanhani, Head of the Emiri Court in Fujairah, Director-General of the Fujairah Investment ...

Dubai / WAM Emirates Post Group has enhanced its Promotional Stamps Service, which targets public and private institutions to celebrate their special occasion and milestone achievements by creating postage stamps. The service enables government and private institutions to mark their historic occasions by issuing special stamps, designed in association with Emirates Post Group. Abdullah Mohammad Al Ashram, Acting CEO of ...

AJAMN / WAM Developing an innovation-based mechanism to everyday challenges was the core and crux of a workshop organised by the Ministry of Interior’s Innovation Bureau in the presence of a number of the ministry’s experts and strategic partners. The workshop, held in line with the directives of the HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime ...

ABU DHABI / WAM The Department of Economic Development (DED), Abu Dhabi, has announced the enforcement of amendments made to its Table of Fines in line with the Abu Dhabi Executive Council Resolution No. 47 for 2017 on the violations relating to businesses or establishments licensed for economic activities as per Article 6 of Law No 2 of 2009. The ...

DUBAI / WAM Dubai Culture and Arts Authority, Dubai Culture, the emirate’s dedicated entity for culture, arts and heritage, has launched the second edition of its reading corner at Modhesh World, Dubai’s ultimate indoor fun destination for families and children. Following the success of last year’s reading corner, the new edition features an expanded range of educational and entertainment activities ...

Bloomberg A cut by Rio Tinto Group to its full-year iron ore shipping guidance is set to bolster prices that have rebounded into a bull market on stronger-than-expected demand in China. Iron ore futures in Singapore surged as the world’s No. 2 exporter flagged on Tuesday that cargoes from Australia are expected at about 330mn metric tons in 2017. That’s ...

Bloomberg India’s vast rural hinterland, which makes up 70 percent of the South Asian country’s population, is showing signs of recovery from last year’s cash crunch, boosting optimism that increased spending will help the broader economy regain its vigor. The micro-finance industry is rebounding, real rural incomes are rising and unemployment is falling, according to brokerage Motilal Oswal Securities Ltd. ...

Bloomberg Sunac China Holdings Ltd. shares and bonds plunged after a local media report that domestic banks are reviewing its credit risk following a deal to buy assets from Dalian Wanda Group Co., a firm that has attracted scrutiny from China’s leaders for its prolific deal binge. The shares fell 7.3 percent to HK$15.94, in Hong Kong after earlier plunging ...

Bloomberg Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it needs the money. OPEC has for years cheated on its own agreements, particularly when oil prices fail to recover after an output cut. But Ecuador has taken the rare step of saying publicly it will increase production, making it ...