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  Abu Dhabi / Emirates Business HE Engineer Sultan bin Saeed Al Mansouri, Minister of Economy, recently met Tatarstan President Rustam Minnikhanov to discuss ways to reinforce their bilateral economic and trade relations and opportunities for mutually beneficial investments. The meeting, which was held at Burj Al Arab Hotel in Dubai, was attended by HE Abdullah bin Ahmed Al Saleh, ...

  Dubai / Emirates Business His Excellency Mohammed Al Gergawi, Vice Chairman of the Board of Trustees, and Managing Director of Dubai Future Foundation, emphasized that a positive innovative approach to address future challenges, is the most important learning from HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President Prime Minister and Ruler of Dubai. HE said that His ...

  Abu Dhabi / Emirates Business The Abu Dhabi Food Festival (ADFF) 2016 has successfully concluded, having welcomed more than 29,000 visitors and food lovers from the region, contributing to positioning Abu Dhabi as a global culinary hub. Organised by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), the food festival, which ran from December 5-23 across the emirate, ...

  Sharjah / Emirates Business The fourth edition of the Sharjah World Music Festival (SWMF 2017), organised by Furat Qaddouri Music Centre and sponsored by Sharjah Investment and Development Authority (Shurooq), announced that it will be holding an eight-day talent hunt on the sidelines of the event to discover the festival-goers most gifted pianists. The competition, from January 7-14, will ...

  Dubai / WAM The Waste Management Department of Dubai Municipality (DM) has collected 27 tonnes of waste from the New Year celebrations sites, which include Burj Khalifa, Business Bay area, Jumeirah beach, Dubai Marina and Dubai Water Canal, in addition to Jumeirah Street. Last year, the Municipality had collected 20 tonnes of waste on the occasion. Abdul Majeed Sifai, Director of ...

  Dubai / Emirates Business Dubai-based property developer Shaikhani Group has handed over 224 units in 2016 – a somewhat challenging year for the industry – when the company also announced the AED220 million Gardenia Residency, part of AED2 billion project announcement that will keep the developer busy well beyond Expo 2020. Mahmood Abu Baker Shaikhani, Managing Director of Shaikhani ...

    MUSCAT/ Reuters Oman’s government released a 2017 budget plan on Sunday that projected a smaller deficit but included fresh austerity steps and tight curbs on spending because of low oil prices, which are hurting state revenues. Government spending this year is projected to total 11.7 billion rials ($30.4 billion) and revenues 8.7 billion rials, which would result in ...

  Doha / Reuters Qatari construction firm Investment Holding Group (IHG) will launch an initial public offer of its shares next week in a boost for the country’s stock market, which has seen only two new listings since 2010. The contracting and trading business will offer 49.8 million shares, or 60 percent of its capital, at a price of 10.1 ...

  Bloomberg Hyundai Motor Co. and Kia Motors Corp., South Korea’s largest automakers, forecast sales to climb 4.7 percent this year as they count on new model introductions to counter intensifying competition amid global uncertainties. Hyundai and Kia are targeting to deliver a combined 8.25 million vehicles in 2017 from 7.88 million units a year earlier, according to regulatory filings. ...

  Bloomberg South Korea banned the sale of 10 models built by Nissan Motor Co., BMW AG and Volkswagen AG’s Porsche after an investi- gation found the automakers fabricated documents related to emission tests. The three manufacturers were slapped with total fines of 7.17 billion won ($5.9 million), which apply to 4,523 vehicles, and the certifications given for these models ...