News

  DUBAI / Emirates Business Dubai World Trade Centre (DWTC) officials are confident a new segmented show format will be the next stage of the annual Gulfood exhibition’s evolution, as the show prepares for the biggest format shake-up in its highly successful 30-year history. Opening Sunday, Gulfood’s five-day run is expected to attract up to 90,000 food professionals, with some ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is leading a delegation at the 35th Istanbul International Book fair currently taking place in Istanbul Convention and Exhibition Centre from February 24 to March 5. Aiming to attract new publishers and strengthen relations with its current network, TCA Abu Dhabi is utilising this event ...

  Sharjah / Emirates Business Souq Al Jubail (SQAJ), Sharjah’s largest fresh produce market and an investment project of Sharjah Asset Management, is supporting the ‘Save Safi and Sheri’ campaign launched by the Ministry of Climate Change and Environment (MOCCAE). Taking place from the 1st of March to the 30th of April 2017, the campaign will strive to protect fisheries ...

  Sharjah / Emirates Business Committed towards harnessing the entrepreneurial energy of youth to pioneer new businesses, Sheraa hosted 2017’s inaugural Startup Weekend at its state-of-the-art hub in American University of Sharjah. The Startup Weekend event is part of the global movement coordinated by TechStars and supported by ‘Google for Entrepreneurs’. In this edition, Sheraa provided a platform to over ...

  Dubai / Emirates Business Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has recently signed an agreement with SriLankan Airlines, the national carrier of Sri Lanka. According to the terms of the agreement, SriLankan Airlines customers will now be able to make payments through more than 170 UAE-wide Al Ansari Exchange branches. The service will ...

  Sharjah / Emirates Business Sharjah Ladies Club (SLC) honoured the winners of the Sharjah Ladies Run 2017, which took place at Sharjah University City. Characterised by fierce but friendly rivalry, the run saw the participation of about 1,500 female racers from 54 countries, with 66% Emiratis taking part. The competition was held in the presence of a large number ...

  Bloomberg OPEC pumped at will the past two years to defend its turf against rivals. Its recent volte-face has left it contending with additional threats in the world’s biggest oil market. Crude that’s rarely or never-before seen coming to Asia is now sailing from all over the globe to the region, with the door to the market seemingly held ...

  Bloomberg In his first blog post since succeeding Rex Tillerson, the new head of Exxon Mobil Corp. focused on climate change, calling for a carbon tax to discourage use of polluting fuels. Chairman and Chief Executive Officer Darren Woods said a revenue-neutral carbon tax “would promote greater energy efficiency and the use of today’s lower-carbon options, avoid further burdening ...

  Bloomberg Heads of two of India’s largest drug makers said integration of electronic systems to prevent quality lapses in factories is going slower than expected, as the industry looks to adapt to increased scrutiny from regulators in the developed world that have resulted in sanctions and slowed sales. “This is a much more digital world than where pharma companies ...

  Bloomberg Iron ore’s having a reality check on rising doubt that the exuberance that lifted prices to the highest since 2014 is entirely rational given the outlook for additional supply, the record stockpiles in China and statements of caution from some of the world’s biggest miners. Futures in China fell on Friday, with Australia’s central bank saying it expected ...