News

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) has issued a directive ordering major operators Etisalat and du to put a ceiling, or hard cap, on their respective mobile data bundles in a bid to protect consumers from unwittingly incurring disproportionately higher additional charges. Directive (1) of 2016 applies to all mobile data bundles whether included as part ...

  ALKESH SHARMA Emirates Business ‘Go Green’ is the new corporate mantra of enterprises worldwide in their eco-friendly pursuit to ensure a sustainable tomorrow. Following this green path, UAE-based Al Ghurair Investment — one of the largest diversified industrial enterprises in the Middle East — has unveiled its environmental and sustainability plan for the next three years. Various entities, active ...

  Dubai / Emirates Business National Industries Park (NIP) and Proclad have signed an agreement to invest and develop plots in the National Industries Park to a tune of approximately AED 500 million and develop 1.5 million sq. ft. of industrial area specializing in Products and services related to the Oil and Gas Industry. Proclad currently owns four factories in ...

  DUBAI / Emirates Business Over the last decade, the United Arab Emirates (UAE), a country with a population of over 9 million, has consistently attracted the world’s attention. With a host of benefits ranging from excellent infrastructure to top-notch services and access to the world’s leading brands, this country is a haven for the highly skilled workforce in the ...

Dubai / Emirates Business OSN, the leading pay-TV network in the Middle East and North Africa, is giving children across the region the opportunity to experience all their favourite Disney Junior content in Arabic. Little ones can now experience the exceptional line-up of magical, musical and heartfelt stories and characters on Disney Junior with dedicated Arabic audio as well the ...

  Emirates Business GCC economies will have to make more productive use of their workforces in order to sustain economic growth, according to a new ICAEW report. At the same time, the accountancy and finance body warns that countries will need to create millions of jobs for new entrants to the labour market. The report Economic Insight: Middle East Q2 ...

  Manama / Tribune News Service Oil prices must reach $138 per barrel for Bahrain to be able to balance its budget, according to a senior official. The rate is higher than those required by other GCC nations, said Energy Minister Dr Abdulhusain Mirza. He was speaking at a symposium, The Decline in Oil Prices and their Impact on the ...

  AMMAN / Tribune news service Gaining favourable treatment in terms of customs duties and other fees is a key to increasing Jordan’s agricultural exports to the Russian market, a government official said. “Efforts are still under way to secure preferential treatment from Russia in terms of custom duties and taxes when exporting fruit and vegetables,” Ministry of Agriculture Spokesperson ...

  Reuters Iran has deferred at least one of its fuel oil loadings for June to Asia, according to a trade source with direct knowledge of the matter. In a bid to recapture lost market share and bolster revenue, state-owned National Iranian Oil Co (NIOC) quickly ramped up exports of fuel oil once U.S. imposed economic sanctions were lifted in ...

  Bloomberg Iran plans to invite international companies to bid for oilfield development rights in June, a government official said, as the Persian Gulf country seeks to revive its energy industry after years of crippling sanctions. The Oil Ministry will solicit bids in a tender round starting June 21 and running for a month, state-run Islamic Republic News Agency reported ...