News

  DUBAI / Emirates Business The recent Middle East Job Index survey, compiled by the Middle East’s leading job site, Bayt.com, and research and consulting group, YouGov, has revealed that the majority of employers across the Middle East and North Africa (MENA) intend to hire soon, with 65% of those in the GCC planning to hire in the next three ...

  KUWAIT / Reuters Kuwait Projects Co (KIPCO), the Gulf state’s largest investment company, said on Sunday construction had begun on its $2.0-$2.5 billion real estate project in Kuwait, which has been downsized by around half from its original estimated cost. The mixed-use project, which had previously been valued at $5 billion, was scaled down after an earlier estimate did ...

  ABU DHABI / WAM The Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Saturday its opening of a new and dedicated Lagoons Sales Centre, located at the Saadiyat Lagoons District construction site. The Sales Centre’s convenient location next to New York University Abu Dhabi offers potential ...

  ABU DHABI / WAM Aldar Properties on Saturday announced that public sales for the third phase of Yas Acres, Aldar’s AED 6 billion flagship golf and waterfront villa development on Yas Island, will commence on October 4 at the Aldar Sales Centre on Yas Island. This phase, consisting of 260 homes will include, for the first time, 2 bedroom ...

  Dubai / WAM Jebel Ali Free Zone (Jafza), the UAE’s flagship trade and logistics hub for the wider Middle East region and Africa, has become a distribution hub for Japanese goods and products and has supported the companies in reaching the regional countries and beyond, said Talal Al Hashimi, Chief Operating Officer, Jafza, to a Japanese Business Forum. The ...

  ABU DHABI / WAM A delegation of the Central Bank of the UAE attended on Thursday the 40th Regular Meeting of The Board of Governors of Arab Central Banks and Monetary Institutions in Rabat, Morocco. The Meeting Agenda included discussion of regional and international economic and financial developments, the recommendations and actions of Arab Committees for Banking Supervision and ...

  New York / Emirates Business HE Dr Thani Al Zeyoudi, Minister of Climate Change and Environment, chaired the annual Asia Cooperation Dialogue (ACD) Foreign Ministers’ Meeting, held on the sidelines of the 71st Session of the United Nation General Assembly. This was the UAE’s first time chairing the Asia Cooperation Dialogue since its inception in 2002. In his opening ...

  Abu Dhabi / WAN Seventy percent of the construction at the Barakah nuclear power plant has been completed, according to a plant official. Mohamed Al Hammadi, ENEC’s CEO said, “We at ENEC are proud of the progress we have made in the development of the UAE Peaceful Nuclear Energy Program. We are committed to delivering safe, clean, efficient and reliable ...

  Geneva / WAM The world Health Organisation (WHO) has paid tribute to the United Arab Emirates for its pivotal role, through the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the initiative of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to ...

  Sharjah / WAM Adel Al Ali, Group Chief Executive Officer of Air Arabia, has won the ‘Airline CEO of the Year’ award at the 10th CEO Middle East Awards 2016. Al Ali, who was instrumental in overseeing the launch of the first low cost carrier in the Middle East and North Africa, was recognised for his efforts in further strengthening ...