News

  Dubai / WAM The Board of Executive Directors of the Roads and Transport Authority (RTA), chaired by Director-General and Chairman of the Board of Executive Directors of RTA Mattar Al Tayer, approved the awarding of the Hatta Gate Construction Contract. This is a part of the Hatta Development Master Plan announced by Vice President and Prime Minister of the UAE ...

  Dubai / Emirates Business HE Dr Thani Al Zeyoudi, the UAE Minister of Climate Change and Environment, recently visited an organic vegetables and fruits farm in Al Foah City, Al Ain, which is owned by Elite Agro, one of the largest organic food producers and distributers in the UAE. The visit came as part of the mission of the ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, announced the ‘1,000 Chinese Visitors to Morocco’ campaign with Beijing Yougo World International Travel Service Co. Ltd. (Uniway), the largest Chinese tour operator specialising in outbound tourism to the Middle East and Africa. The award-winning airline is also joining hands with the Moroccan National ...

  Sharjah / Emirates Business Sharjah Children Centres’ (SCC) philosophy of forging dynamic young leaders was evident when SCC member Namaa Ismael Alzarooni, launched ‘Let’s Read Together’ during the second meeting of the 14th session of the Sharjah Children Council. The latest literary initiative from the organisation aims to instill a lasting love of reading in children and to promote ...

  Abu Dhabi / Emirates Business The Ministry of Health and Prevention (MOHAP) successfully hosted a workshop covering the study of creating an improved unified national database of patient records in the UAE. The event, which was organized in coordination with the Abu Dhabi Health Authority (ADHA), the Dubai Health Authority (DHA), the Emirates Identity Authority (EIDA), Medical Services of ...

  Sharjah / Emirates Business The Winter Festival continued to enthrall visitors flocking to Al Majaz Waterfront, Sharjah’s popular leisure and tourist destination. Touring bands and street performers traversed the waterfront’s walkways, presenting a series of interactive entertainment shows, attracting a big turnout of visitors of all ages. Guests enjoyed a performance by Mime Duets artists who conquered the ice ...

  Bloomberg Teva Pharmaceutical Industries Ltd. agreed to pay $519 million to US authorities after admitting to paying bribes in Russia, Ukraine and Mexico to boost sales. Teva, the world’s biggest maker of generic medicines, admitted to making corrupt payments to public officials and doctors, including an unidentified high-ranking Russian government official, according to a statement on Thursday by the ...

  Bloomberg Purchases of new US homes increased in November to the second-fastest pace in almost nine years as the beginning of a spike in mortgage rates persuaded buyers to quickly sign contracts. Sales rose 5.2 percent to a four-month high of a 592,000 annualized pace, Commerce Department data showed. The median forecast in a Bloomberg survey was for a ...

  Bloomberg Canada’s gross domestic product shrank unexpectedly in October as factories suffered their worst month in almost three years, adding to signs the country’s outlook is worsening. Output fell 0.3%, Statistics Canada said in Ottawa. Economists surveyed by Bloomb-erg expected a flat reading, but widespread declines in goods-producing industries contributed to the largest monthly drop since May. Manufacturing output ...

  Bloomberg The UK current-account deficit widened in the third quarter as Britain posted its worst trade performance in almost three years. The difference between money coming into the UK and money sent out was 25.5 billion pounds ($31.3 billion), the Office for National Statistics said. That’s equal to 5.2 percent of gross domestic product. The trade deficit widened to ...