Dubai / WAM In the spirit of #Year_of_Giving initiative of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Geant Hypermarket announced its participation in environment endowment fund by The Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) and the Emirates Wildlife Society in association with WWF (EWS-WWF). The environment endowment fund is a first of its kind endowment, ...
Read More »News
DSMG offers visitors chance to drive away Q50 Infiniti car
Dubai / Emirates Business As the 20th edition of the Dubai Summer Surprises (DSS) kicked off on July 1, Dubai Shopping Malls Group (DSMG) with the support of Dubai Festivals and Retail Establishment (DFRE) has announced their ‘Shop, Win & Drive’ campaign, offering lucky shoppers a chance to drive home in a sleek and sporty luxury Infiniti Q50 car. Dubai ...
Read More »World’s first floating wind farm prepares to set sail
STORD / WAM Masdar announced that a milestone has been reached in the development of the world’s first commercial scale floating wind farm, which on completion will be sited off the coast of Aberdeenshire, Scotland. According to a press statement, all five wind turbines, each with a capacity of six megawatts, have been mated onto a floating substructure in Stord, ...
Read More »Nakheel opens new Monorail station on Palm Jumeirah
Dubai / WAM Passengers using The Palm Monorail in Dubai can now board and alight at the newly-opened Al Ittihad Park Station for easy access to Palm Jumeirah’s central park, thousands of residences, and the Golden Mile Galleria Mall, master developer Nakheel announced on Monday. Located at the heart of The Palm’s Al Ittihad Park, the station is close to ...
Read More »Dubai parks receive 162,000 visitors during Eid holidays
Dubai / WAM Dubai parks has received 162,371 visitors, during Eid al-Fitr holidays, marking an increase of 2 percent over the same period last year, said Mohammed Abdul Rahman Al Awadhi, Director of Public Parks and Horticulture Department at Dubai Municipality. Al Awadhi said that the second day of Eid witnessed the maximum number of visitors to the parks reaching ...
Read More »UN recognises UAE anti-corruption efforts
Abu Dhabi / WAM The UAE has participated in the 8th session of the Implementation Review Group of the United Nations Convention against Corruption. In its capacity as party to the convention, the UAE was represented during the meeting by an official delegation of the State Audit Institution, SAI, the central authority that follows up on implementation of the convention ...
Read More »TCA Abu Dhabi, General Command of the Armed Forces sign MoU
Abu Dhabi / WAM An agreement to secure co-operation and establish electronic linkage of the Abu Dhabi Events Licensing System in order to facilitate registration and licensing procedures has been reached between Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) and the General Command of the UAE Armed Forces. The Memorandum of Understanding (MoU), paves the way for a ...
Read More »Dubai Taxi launches ‘Smart Tow’
Dubai / WAM RTA’s Dubai Taxi Corporation (DTC) launched the ‘Smart Tow’ system offering roadside assistance for taxi breakdown via smartphone application. The DTC has recently signed a contract with the Arabian Automobile Association (AAA), a leading provider of roadside solutions, to operate and upgrade the service. The system is designed to ease the delivery of roadside assistance to the ...
Read More »Oil trades near three-week high after US drilling slows
Bloomberg Oil traded near the highest closing price in almost three weeks after US drilling slowed after a record expansion. Futures were little changed in New York after rising 8.3 percent the previous seven sessions. US drillers targeting crude reduced the number of active rigs for the first time in 24 weeks, according to Baker Hughes Inc. data. Libya’s oil ...
Read More »Libya oil output at 4-year high loosens OPEC grip on supply
Bloomberg Libya’s oil production has climbed to more than 1 million barrels a day for the first time in four years, further complicating OPEC’s struggle to regain control of the oil market. The North African country is pumping 1.005 million barrels a day, according to a person with direct knowledge of the situation, who asked not to be identified because ...
Read More »