News

  Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) launched its new Strategic Plan 2016 – 2020, which defines the agency’s long-term vision and mission, five-year priorities, objectives, as well as the strategic initiatives that contribute to the Abu Dhabi Plan and the successful implementation of its priorities. Using the Abu Dhabi Environment Vision 2030 as a framework, ...

  Dubai / WAM The 13th International Property Show, supported by Dubai Land Department, is to be held from April, 2-4 at the Dubai International Convention Centre. The show is expected to attract both international and local companies, along with investors in the real estate industry. The 13th edition of the show will host many events and seminars to showcase global ...

  Dubai / WAM Dubai Customs’ Intellectual Property Rights Department (IPR) hosted a meeting for the Unified IPR Workforce, which coordinates activities among ministries and relevant authorities in the UAE. Yousef Ozair Mubarak, Director of the IPR Department, headed the meeting in Dubai Customs’ main building, in the presence of Abdullah Al Tillai of the Ministry of Economy, Mohammed Al Daleel ...

  Dubai / WAM The UAE will be participating in this year’s Outbound Travel Market (OTM) India’s largest travel trade show taking place from February 21-23 in Mumbai. The Ministry of Economy will organise a national pavilion under the theme Visit UAE which will feature exhibitors from more than 18 government entities and private sector representatives from the hospitality, tourism and ...

  Abu Dhabi / WAM Abu Dhabi Ship Building (ADSB) the construction, repair and refit services provider for naval, military and commercial vessels, has announced the launch of a 42m landing craft for the Kuwaiti Ministry of Defence as part of its order of eight naval vessels. A handing-over ceremony was held at ADSB’s headquarters in the Mussafah Industrial Area of ...

  Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC) on Sunday signed an agreement with the China National Petroleum Corporation (CNPC) awarding it an 8 percent interest in Abu Dhabi’s onshore oil concession. CNPC contributed a sign up bonus of AED6.5 billion (US$1.77 billion) to enter the concession. The onshore concession is operated by the Abu Dhabi Company ...

  Bloomberg The latest robot seeking to find the 600 tons of nuclear fuel and debris that melted down six year ago in Japan’s wrecked Fukushima Dai-Ichi power plant met its end in less than a day. The scorpion-shaped machine, built by Toshiba Corp., entered the No. 2 reactor core and stopped 3 meters (9.8 feet) short of a grate ...

  Bloomberg In just a decade, Russia has transformed its sugar industry. The country, which was once the world’s top importer of raw sweetener, is now on the verge of becoming a net exporter. Aided by an import tax Russia introduced in 2004 to shield domestic firms from foreign competition, producers have been able to invest in making beet refining ...

  Bloomberg Forget about Donald Trump. The global reflation trade may have another driver that proves to be more durable: China’s rebounding factory prices. The producer price index has staged an 10 percentage-point turnaround in the past 10 months, posting for January a 6.9 percent jump from a year earlier. Though much of that reflects a rebound in commodity prices ...

  Bloomberg A panel of state finance ministers cleared a bill that will compensate states for any revenue lost as a new nationwide goods and services tax is introduced in July. The government will now present the compensation bill in the second phase of the parliament’s budget session, Finance Minister Arun Jaitley told reporters in the northwestern city of Udaipur ...