News

Mohamed, Blackstone CEO discuss economic, investment cooperation

  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, received Stephen Schwarzman, CEO of Blackstone, a US-based company which works in the financial and investment services field. Sheikh Mohamed and Schwarzman discussed cooperation and coordination between the Emirati investment and financial institutions and ...

Read More »

ERC sends more aid to Somalia

  Abu Dhabi / WAM A ship carrying 4,259 tonnes of relief items from the Emirates Red Crescent (ERC) left the UAE on Tuesday for Berbera Port in Somalia to support the people who have been displaced and affected by famine and to enhance their humanitarian situation. The aid, which is worth AED10.3 million, includes food, shelter materials, clothes, blankets, mattresses, ...

Read More »

Mohamed briefed on maritime trade

  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 Tuesday received a delegation from the Abu Dhabi Ports Company, ADPC, headed by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and ADPC Chairman. His Highness Sheikh Mohamed was briefed on ...

Read More »

Sheraa, Air Arabia launch ‘new plan’ for budding entrepreneurs

  Sharjah / Emirates Business Coming on the heels of its successful inaugural accelerator showcase day, Sheraa – a launch pad for aspiring entrepreneurs in the UAE – is making swift progress to expand the portfolio of industries tapped by its growing community of budding entrepreneurs. The latest addition comes in the form of a collaboration with Air Arabia, the ...

Read More »

UAE, Turkmenistan discuss cooperation in search and rescue

  ABU DHABI / WAM Yusup Muhammetgulyyev, Deputy Minister of Defence of Turkmenistan, praised the level of preparedness, expertise, high technological systems, and the modern devices used by the National Search and Rescue Centre in the UAE. He made the statement during his visit to the centre on Tuesday, where he was received by Obaid Saif Al Zahmi, Deputy General ...

Read More »

Sharjah Airport Authority to highlight expansion plans at ATM 2017

  SHARJAH / WAM Sharjah Airport Authority will highlight the airport’s latest achievements, expansion plans and services during its participation in the Arabian Travel Market Exhibition (ATM 2017) taking place in the Dubai World Trade Centre until April 27. The Arabian Travel Market is the global meeting place for the travel trade. Sharjah Airport Authority will be participating under the umbrella ...

Read More »

GCC roaming rates slashed for UAE customers: TRA

  ABU DHABI / WAM The Telecommunication Regularity Authority (TRA) announced the implementation of price caps for Intra-GCC roaming services by UAE-based mobile operators resulting from the implementation of TRA Directive No. 04 of 2015 regarding Mobile Roaming Charges issued in September 2015. As a result, on average, the international roaming prices for UAE customers who travel to GCC countries ...

Read More »

Russia’s oil cuts won’t be so easy if OPEC deal is extended

  Bloomberg For Russian oil companies, the historic agreement to boost prices by cutting output in conjunction with the Organization of Petroleum Exporting Countries was an easy win. Extending the deal will be less straightforward. Cuts so far this year came alongside the traditional seasonal stagnation in Russian production, meaning the country made relatively few sacrifices in exchange for an ...

Read More »

India steel boom on show as top mill aims to boost capacity

  Bloomberg JSW Steel Ltd. became India’s largest steelmaker this year as production surged. It wants to get bigger still, much bigger. The Mumbai-based company plans two plants of 10 million metric tons each in the resource-rich states of Odisha and Jharkhand, part of a drive to more than double in size to 40 million tons by 2030, according to ...

Read More »

South Korea consumer confidence rebounds

  Bloomberg Consumer confidence in South Korea rose by the most since 2013 as data suggested the economy is recovering and the nation began to move on from the impeachment of the president. The Bank of Korea’s monthly consumer sentiment index rose to 101.2 in April from 96.7 the previous month, indicating rising optimism, data released on Tuesday show. The ...

Read More »
Send this to a friend