News

  Bloomberg Detroit was once known as a city where a working-class family could afford to own a home. Now it’s a city of renters. Just 49 percent of Motor City households were homeowners in 2015, down from 55 percent in 2009 and the lowest percentage in more than 50 years. Detroit isn’t alone, of course: The rate of US ...

  Bloomberg The proportion of Californians making electric cars their new set of wheels has stayed flat for years even though incentives make some models basically free to lease, a trade group told state regulators that may toughen up already-stringent rules. With state rebates, federal tax credits and manufacturer discounts, the effective monthly payments in California for zero-emission vehicles including ...

  Abu Dhabi / WAM Khalifa University was ranked the 76th best university in Asia, according to the latest Times Higher Education (THE) Asia University Rankings. This prestigious placement follows the decade-old university’s naming as the top university in the UAE, according to 2016 THE World University Rankings and QS 2016 World University Ranking. In addition, the university was ranked fourth ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) successfully completed the welding of Reactor Coolant Loop piping and the Reactor Containment Building (RCB) dome structure for Unit 3 of the Barakah Nuclear Energy Plant. The completion of pipe welding for the Reactor Coolant Loop has set a new global benchmark for quality in pipe welding, and the RCB dome ...

  Abu Dhabi / WAM The United Arab Emirates and the Republic of Armenia have agreed on reciprocal exemption from entry visa requirements for their citizens. The agreement, which goes into effect on Wednesday, was announced during talks held by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and Serzh Sargsyan, ...

  Sharjah / WAM The Sixth International Government Communication Forum (IGCF 2017) was officially inaugurated on Wednesday with keynote speeches from HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Sharjah Media Council, and Ali Ahmadov, Deputy Prime Minister of Azerbaijan. Emphasising the role of education and ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, on Wednesday chaired a Cabinet meeting and launched ‘UAE Centennial 2071’, a long-term government plan based on the recent and crucial keynote lecture given by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

  Dubai / WAM Dubai ports operator DP World is exploring opportunities relating to the expanded Panama Canal, the company has confirmed. DP World said that its chairman and CEO, Sultan Ahmed bin Sulayem, met Panama President Juan Carlos Varela on Tuesday to discuss potential logistics and industrial parks and other projects in the country. Panama’s minister of commerce and industry, ...

  DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) recently kicked off its new ‘Learning by Doing’ series of training sessions designed to develop companies’ e-commerce skills and enhance their understanding of the benefits associated with trading on global business-to-business platform Alibaba.com. The first session, held recently at the Chamber’s premises, was attended by 12 local ...

  Dubai / WAM Dubai Airports’ efforts to reduce its carbon footprint resulted in total energy savings of 5.17 million kWh in 2016 across Dubai International (DXB) and Dubai World Central (DWC), equivalent to powering 235 homes for a full year, the operator reported today. The report was issued just ahead of Dubai Airports’ participation in Earth Hour on March ...