News

  Bloomberg Canada’s listing export sector took another blow as talks to seal a trade deal with the European Union broke down, adding to questions about what will drive the economy forward. The country is already facing three straight years of growth below 2 percent, the weakest stretch since at least the 1960s. Business spending is still hurting from the ...

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) and the Korea Electric Power Corporation (KEPCO) on Thursday signed a joint venture agreement for a long-term partnership and cooperation for the UAE’s peaceful nuclear energy programme. KEPCO, the prime contractor for the Barakah Nuclear Energy Plant currently under construction in the Western Region of Abu Dhabi, has been ...

  DUBAI / EMIRATES BUSINEES Etisalat, through its newly established Etisalat Digital, signed a memorandum of understanding (MOU) with Accenture at the Gitex Technology Week 2016, to collaborate in the digital solutions arena to enable ICT and digital transformation in the region. The two parties will work together combining Etisalat Digital’s technology platforms and solutions with Accenture’s business knowledge, solutions ...

  DUBAI / AFP A Dubai-based investor group led by the head of property giant Emaar on Thursday completed the nearly $2.4 billion acquisition of a majority stake in Kuwaiti food company Americana, Kuwait’s stock exchange said. Emaar chairman Mohamed al-Abbar’s investment firm Adeptio and Kuwait’s Al-Khair National for Stocks and Real Estate signed the deal for a 66.8-percent stake ...

  DUBAI / WAM The UAE’s achievements in sustainable development as a strategy towards a greener future will be the focus of attention at the fifth EmiratesGBC Congress 2016 on October 25-26 in Dubai. The annual gathering of regional and international experts, who represent diverse sectors of the sustainably built environment and related industries, will highlight how the nation’s success ...

  Dubai / WAM A Memorandum of Understanding (MoU) was signed to promote awareness about the UAE’s national heritage, particularly amongst visitors, both domestic and international, between Hamdan Bin Mohammed Heritage Centre and Dubai Airports, on Thursday. The memorandum demonstrates the enthusiasm between both parties to collaborate and co-ordinate their efforts in achieving their vision to preserve and promote the intangible ...

  FRANKFURT / WAM The Sharjah Book Authority (SBA) highlighted UAE’s advantages as an international publishing hub at the Global Publishing Summit, which took place recently in Frankfurt, Germany. Ahmed bin Rakkad Al Ameri, Chairman of the SBA, who was leading the delegation, held a series of meetings to promote the UAE as a major publishing hub. “The Arab World comprises ...

  Dubai / Emirates Business The Ministry of Climate Change and Environment (MOCCAE) issued Ministerial Decree No.695 for the year 2016 on regulating surface fishing using surrounding nets. The resolution reflects the ministry’s aim to regulate professional fishing to preserve, develop and ensure the sustainability of fish stocks, and enhance food security by protecting fish stocks from depletion. Detailing the ...

  Dubai / WAM The UAE is working continuously to support and develop research for cancer and other chronic and communicable diseases as they constitute a serious challenge to the nation’s human capital, a senior health official said at the 8th edition of the UAE Cancer Congress, in Dubai on Thursday. “In the UAE, and specifically Dubai, we realise the dangers ...

  Dubai / WAM A ‘happiness park’ that promotes exercise, entertainment and sustainability, was launched on Thursday in Dubai in support of the happiness agenda of Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. Called ‘Al Saada’, the park, which is the first smart platform of its kind in the ...