News

‘IDEX an important platform to promote Arab strength’

  Abu Dhabi / WAM Sudanese President Omar Hassan Al Beshir said the International Defence Exhibition and Conference (IDEX) 2017 is based on advanced ideas as a first-grade investment and tourism project, seen as an excellent forum for visitors to exchange knowledge and experience. He added that the Arab region would benefit from the successful integration of its military industries, and ...

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Regional media market expected to grow to US$12.4bn by 2018

Dubai / WAM Dubai Media City (DMC) and Dubai Press Club (DPC) announced on Wednesday the launch of the e-book edition of the “Arab Media Outlook, 2016-2018: Youth..Content..Digital” report. Available in an interactive digital format that conforms with the digital transformation era, the report reflects Dubai’s strategy and approach to becoming amongst the world’s smartest cities. The e-book is meant to ...

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Abu Dhabi plans to attract 600,000 tourists from China a year by 2021

  Dubai / Emirates Business Tourism professionals across the Middle East are furthering their efforts to increase their share of the $168 billion global outbound Chinese tourism market, through a number of travel incentives. With 120 million outbound travellers in 2016 alone, China has retained its position as the world’s largest outbound tourism market for the past four years, according ...

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DAMAC Properties unveils Investor Relations app

  Dubai / Emirates Business DAMAC Properties PJSC (DAMAC), a leading UAE developer, on Wednesday announced the launch of the DAMAC Investor Relations application, providing convenience and real time share performance and related information for investors. Available on iTunes store and Google Play, DAMAC IR App will enhance the company’s communication with stakeholders on the go, with financial information available ...

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DFSA, ESMA sign MoU on information sharing and coop arrangements

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure Regulation (EMIR). The MoU was signed on behalf of the DFSA by Chief Executive, Ian Johnston, ...

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SLC to offer parenting skills to mothers

  Sharjah / WAM Mothers looking for some help to handle their little ones’ challenging behaviour are able to receive some expert guidance thanks to Sharjah Ladies Club (SLC). As part of its vision to promote social inclusion and community cohesion, the organisation’s Collage Talent Centre is organising a special training course on February 22-23, providing parents with support in dealing ...

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Nayif-1 transmits its first Arabic message from space

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) announced that Nayif-1 transmitted its first message in Arabic from space — a quote by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ‘‘The renaissance of peoples, nations and civilizations starts with education; and the future ...

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Science shenanigans enthrall children at Al Qasba

  Dubai / Emirates Business The UK’s famous ‘Ministry of Science Live’opened its first ever show in Sharjahon on Tuesday with a bang, as students from the emirate were shown that science is a subject that should be fun rather than feared. Held under the theme ‘The World is One Classroom,’ the 60-minute production unmasked many of the mysteries of ...

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Saudi Aramco weighs offering discounted shares for locals

  Bloomberg Saudi Arabian Oil Co., gearing up for what may be the world’s biggest initial public offering, is considering discounted shares for local investors, according to people with knowledge of the matter. The oil company has discussed ways to structure the offering in different tiers, allowing Saudi buyers to receive the stock at a lower price than international investors, ...

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First Solar boosts sales forecast after biggest loss

  Bloomberg First Solar Inc. reported its biggest-ever loss after overhauling its manufacturing strategy and firing more than a quarter of its workforce. The bulk of its pain may be in the past. The largest US solar manufacturer posted a fourth-quarter net loss of $719.9 million, largely due to a $729 million restructuring charge, Tempe, Arizona-based First Solar said in ...

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