News

  Dubai / Emirates Business Dubai Chamber of Commerce and Industry has announced that world-renowned motivational speaker, author and customer service expert Ron Kaufman will headline the closing ceremony for the 9th cycle of the Mohammed Bin Rashid Al Maktoum (MRM) Business Award and the 1st edition of the MRM Business Innovation Award. During the ceremony, Kaufman will share his ...

  Dubai / WAM Dubai attracted 14.9 million overnight visitors in 2016, recording a healthy five percent increase over 2015, and an impressive four-year (2012-2016) compound annual growth rate or CAGR of eight percent since Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, launched the 2020 tourism strategy. According to the Department ...

  Sharjah / Emirates Business It is that time of year in the UAE when Sharjah-based Friends of Cancer Patients’ (FoCP’s) annual cancer campaign, the Pink Caravan Ride, is back and will carry out a 10-day cancer awareness drive across the seven emirates from March 7-17. This will be the Ride’s the 7th edition under the theme ‘7 Years for ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the emirate’s community and commercial ports as well as Khalifa Industrial Zone, honoured the first enrolled batch of students for completing the initial phase of training in its certified Coastal Seafaring course to become seafarers in the future. The batch included 16 Emiratis, including ...

  Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC) has completed the installation of the condenser for Unit 4 of the Barakah Nuclear Energy Plant, being built in the Western Region of Abu Dhabi. As one of the largest condensers in the Middle East region, the one installed at Unit 4 marks the final condenser installation at ...

  Bloomberg Anyone expecting more from the Donald Trump rally in metals should probably consider just how much $1 trillion in government spending will actually buy. That’s the amount the new US president pledged to expand and rebuild American infrastructure like roads and airports over the next decade. While Trump has yet to make a formal proposal to Congress, investors ...

  Bloomberg Google parent Alphabet Inc. is organizing the funding of the legal brief signed by more than 120 companies that oppose President Donald Trump’s executive order on immigration, according to people familiar with the arrangement. While Alphabet is coordinating with Washington, D.C.-based law firm Mayer Brown LLP to handle the amicus brief, other companies have offered to fund a ...

  Bloomberg Jawbone Inc. isn’t backing down in its legal fight with Fitbit Inc., asserting in a court filing that its rival is under investigation by a criminal grand jury for theft of trade secrets. The two pioneers in wearable activity trackers have been embroiled in legal battles since May 2015, when Jawbone accused Fitbit in a lawsuit of plundering ...

  Bloomberg The US trade deficit narrowed in December for the first time in three months, a modest improvement that nonetheless left the gap for all of last year at its widest since 2012. The monthly shortfall shrank 3.2 percent to $44.3 billion, Commerce Department figures showed on Tuesday. The median forecast in a Bloomberg survey of economists called for ...

  Bloomberg As Washington mulls a tax on imports, an auto industry study suggests the policy would deliver the sharpest blow to Tata Motors Ltd.’s Jaguar Land Rover while giving a leg up to Tesla Inc. and Ford Motor Co. In what it calls a “thought exercise,” researcher Baum & Associates LLC estimates most automakers would need to raise vehicle ...