News

  Dubai / WAM Dubai International Airport (DXB) announced that monthly passenger traffic numbers in January reached 8 million, according to a report issued by operator, Dubai Airports, on Wednesday. Passenger traffic rose 9.7 percent to 8,037,008 in January 2017, up from 7,327,637 in the same month in 2016. This follows DXB’s performance in 2016 during which the airport welcomed a record ...

  DUBAI / WAM DAMAC Properties, a leading luxury real estate developer in the region, has recently awarded a contract worth approximately AED 200 million for Merano Tower located in Business Bay, Dubai. The main works contract has been awarded to Commodore Contracting Co. LLC. Following the completion of the substructure works at Merano Tower, the awarded contract covers the project’s ...

  Abu Dhabi / WAM The Abu Dhabi Sustainable Business Leadership Forum 2017, hosted by the Abu Dhabi Sustainability Group (ADSG) and supported by the Environment Agency – Abu Dhabi (EAD) kicked off in the capital on Wednesday. The two-day forum hosts a line up of keynote speakers, panel discussions and breakout sessions, and will also introduce the Natural Capital Protocol, ...

  The Hague / Emirates Business HE Eng. Sultan bin Saeed Al Mansouri, Minister of Economy, and Dutch Minister of Economic Affairs Henk Kamp led the opening of a business forum on innovation and smart cities held at the FME Association’s headquarters in The Hague. The forum took place in time with the visit of the UAE economic delegation led ...

  Emirates Business Etihad Airways, the national airline of the United Arab Emirates (UAE), and EgyptAir, the flag carrier of Egypt, have announced a new codeshare partnership to be introduced in phases from 1 March 2017. Under the initial phase of the agreement, Etihad Airways will place its ‘EY’ code on EgyptAir operated flights between Abu Dhabi and Cairo, while ...

  Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) announced on Wednesday that it will host the Abu Dhabi International Boat Show in 2018 in association with British Marine Boat Shows. The event is set to take place at Abu Dhabi National Exhibition Centre in October 2018. British Marine Boat Shows are the organisers of the London ...

  Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of two new Xpress stations in Abu Dhabi city as part of phase one of its plan to open 10 such stations to service the most congested areas of the city and its suburbs. The new stations are Al Qurm Xpress station, located on Sheikh Zayed Road, and Al ...

  Dubai/ Emirates Business INJAZ UAE and Tejar Dubai, joined forces to kick off the annual global Company Program Competition cycle at the Dubai Chamber of Commerce and Industry’s head office; launching high school teams as part of an entrepreneurship accelerator event. More than 150 enthusiastic Emirati youth took part in the event, which was attended by Dubai Chamber’s Chairman, ...

  Dubai / Emirates Business A household name in Pakistan and amongst the top 5 business conglomerates of the country, Sufi Group of Companies has launched its popular Simply Sufi range of ready-to-cook and fully-cooked chicken products in the UAE. The wide range of delicacies– numbering 21 in total – especially caters to Asian taste buds with products ranging from ...

  Bloomberg Toshiba Corp. is sending letters soliciting offers for its memory chip business this week and seeking bids that value it at about 1.5 trillion yen ($13 billion), according to people familiar with the matter. The Japanese conglomerate is offering a majority stake in the chip unit and would be willing to sell the entire business, said the people, ...