News

  Dubai / WAM Jebel Ali Free Zone (Jafza) held a forum for the Logistics and Supply Chain sector companies based in the free zone. The forum was attended by industry leaders, key officials from partner entities and senior management from Jafza. Speaking on the occasion, Talal Al Hashimi, Chief Operating Officer at Jafza, stressed the advantages of UAE’s strategic location ...

  DUBAI / WAM A UAE delegation, led by Dr Sultan Al Jaber, UAE Minister of State, and Member of the Higher Committee, Dubai Expo 2020, made an official visit to Sweden, meeting leading Swedish companies, public institutes and government agencies to develop bilateral ties and promote Expo 2020 Dubai. The visit, which took place on 1st November, is a continuation ...

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) in co-operation with Kazakhstan’s National Agency for Export and Investment (KAZNEX INVEST) and the Embassy of the Republic of Kazakhstan to the UAE, held the Kazakhstan Export briefing on Tuesday in a bid to explore potential for improving ties between Dubai and Kazakhstan across several sectors. These ...

  Dubai / WAM The Emirates Airline requested the authorities to take strong measures and impose penalties to discourage future occurrences of unauthorised drone activity, and also consider implementing drone detectors at the Dubai airport. The appeal was made by Adel Al Redha, Emirates’ Executive Vice President and Chief Operations Officer, who said, “Flight diversions and extensive holding are costly. Financial ...

Dubai / WAM Emirates Integrated Telecommunications Company, du, on Tuesday published its financial results for the third quarter of 2016, showing a 2.9% rise in revenue to AED3.14 billion. Net profit before royalty rose 2.4% to AED 995.1 million. Commenting on the results, Osman Sultan, du’s Chief Executive Officer, said, “Our consistent focus on improving the entire customer experience, while providing ...

  Dubai / WAM Dubai-based Emirates Islamic Bank donated AED300,000 to the Sharjah City for Humanitarian Services to support services for people with disability across the UAE. The donation was announced by the bank officials during a tour to the City to learn about its activities and services. General Manager of Operational Quality and Processes at the Emirates Islamic Bank Awatif ...

  Dubai / Emirates Business Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), recently concluded a successful mission to three cities in Italy, interacting with businesses across varied sectors looking at Dubai as a gateway to high-growth markets. Overall, the Dubai FDI delegation met with representatives of 21 companies across the cities of ...

  Dubai / Emirates Business Under patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, the Dubai Maritime Summit will be launched on Wednesday, to discuss the present and future of world maritime navigation, with a special focus on best practices in maritime innovation, arbitration and human capital ...

Reuters Egypt’s Suez Canal Authority expects revenue to increase to $5.7 billion this year after the waterway was widened, company executive Tamer Hammad said at a maritime conference in Dubai. The figure would be an improvement on the $5.175 billion achieved in 2015 and would continue an increase in revenues seen this year despite slowing global trade and initially sluggish ...

  AFP The Saudi energy minister said on Tuesday that a multi-billion-dollar technology investment fund the kingdom is developing in partnership with Japan’s SoftBank showed its determination to diversify its economy. Khaled al-Falih told an international forum that the proposed new fund “is simply one indication of this determination and the bold steps being taken” to reorient the economy of ...