News

  Dubai / Emirates Business Throughout the years, Al Noor Training Centre for Persons with Disabilities has been a beacon of joy not only for its students but also for its community. The institution has been organizing the biggest and the most vibrant fair annually sparking excitement amongst residents and visitors in the UAE. Witnessing the happiness that the occasion ...

  Dubai / WAM A bridge will open this week to provide an important link in what will become Dubai’s new waterfront, which includes four man-made islands, hundreds of hotels, apartments, multi-use buildings and marinas. Dubai’s Roads and Transport Authority (RTA) will open the AED 150m ($40.8m) bridge leading to local developer Nakheel’s Deira Islands project next Friday. “The project undertaken ...

  Abu Dhabi / Emirates Business Bloom Properties, a Bloom Holding subsidiary specialized in the development of integrated and sustainable communities, announced the delivery of Phase 3 of its Bloom Gardens master development prior to the scheduled hand-over in Q1, 2017. One of the most prestigious residential addresses on Abu Dhabi Island, Bloom Gardens Phase 3 comprises 147 residential units ...

  Bloomberg Glencore Plc and Qatar’s sovereign wealth fund are using 2.8 billion euros ($3 billion) in equity and $7.8 billion in financing from a bank consortium led by Italian lender Intesa Sanpaolo SpA to buy their stake in Russian oil company Rosneft PJSC. The financing will be backed by the two companies’ shares in the oil group, Rosneft said ...

  TUNIS / Reuters Tunisia’s parliament approved a 32.7 billion dinar ($14.1 billion) budget for next year, including deficit cutting measures that had been watered down under pressure from unions. From a total of 217 lawmakers in parliament, 122 voted in favour of the finance bill. Earlier this week parliament struck out two key revenue raising measures and the government ...

  Kuwait City / AFP Kuwait’s Emir Sheikh Sabah al-Ahmad Al-Sabah opened the new parliament on Sunday by declaring that a reduction in public spending is “inevitable” in the face of weak oil prices. The emir said the sharp drop in oil revenues has resulted in a huge budget deficit and “there is no other option but to take effective ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC), the leading destination for business and trade events in the region, will have hosted a total of 63 consumer and entertainment events until the end of 2016, welcoming over one million visitors. This diverse calendar of entertainment events, ranging from theatrical performances and music festivals to consumer shows and sporting ...

  Dubai / emirates business Regional leader in human resources and waste management – Dulsco, is offering to collect energy-efficient lightbulbs across UAE which has potential environmental risks associated if improperly disposed. Dulsco has partnered with Dubai based ‘LAMPS4U’ – a sustainable solutions and technologies company in order to process the recycling of CFL bulbs in an eco-friendly manner. The ...

  Dubai / Emirates Business As part of a series of concerted efforts to promote the Arabic language and instil a love of reading in all segments of society, Kalimat Group, a regional frontrunner in the field of Arabic literature publishing and distribution, has participated in the 60th edition of the Beirut International Arab Book Fair (BIABF), which runs until ...

  Dubai / Emirates Business Literary fans in the southern reaches of North America have been able to find out more about Arabic culture following Sharjah Book Authority (SBA)’s participation at Mexico Book Fair. The 30th edition of the annual event saw SBA’s stand receive a great deal of interest from Latin American publishers and visitors keen to learn more ...