News

  Dubai / WAM The Shams Dubai Initiative will highlight at the Water, Energy, Technology, and Environment Exhibition (WETEX 2016), the latest innovations and provide unique platforms to build partnerships among government and private sectors for sustainable energy solutions. Shams Dubai aims to encourage the use of renewable energy and increase its share in the energy mix. Organised by DEWA from ...

Dubai / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has been awarded the ‘Airline of the Year’ award for the third consecutive year by UK magazine, Travel Trade Gazette (TTG). The awards were announced on Monday night at a prestigious ceremony at the Lyceum Theatre in London’s West End. The airline was nominated in two ...

  Dubai / WAM Dubai Business Events has secured 15 percent more events in the first eight months of this year than the whole of 2015, and is poised to capitalise on increasing demand from international meetings, conferences, and incentives organisers, according to internal auditing at the city’s official convention bureau. The events secured this year will be held over the ...

  Sharjah / WAM A delegation of senior representatives of different companies and six countries from Europe toured the Sharjah Airport International Free Zone (SAIF Zone). The tour was part of the UAE-Europe Business Forum that was organised by the Sharjah Chamber of Commerce & Industry (SCCI) in co-operation with the London Chamber of Commerce and Industry. The six countries were ...

  Dubai / Emirates Business HE Hamad Obaid Al Mansoori, Director General of the Telecommunications Regulatory Authority (TRA), discussed the contents and implications of the ‘State of Broadband 2016: Broadband Catalyzing Sustainable Development’ report and the role of a wide range of telecommunication technologies in supporting growth in various countries during his participation in the regular meeting of the Broadband ...

  Dubai / WAM An economic forum addressing the challenges and prospects of the industry in light of future oil price forecasts, the state of the Middle East economy and the effect of the Chinese trade slowdown on the region’s maritime sector, will open the eighth edition of the biennial Seatrade Maritime Middle East (SMME) exhibition and conference in Dubai, from ...

  Shanghai / AFP Two of China’s top steelmakers announced plans Tuesday to merge,creating the world’s second-largest manufacturer of the commodity as markets struggle with a glut caused by Chinese overcapacity. The world’s second largest economy is trying to overhaul its lumbering state sector and especially its steel industry, by using mergers and restructuring to cut chronic overproduction and create ...

  Bloomberg At a time when a surplus is forcing steel mills to close around the world, India’s debt-laden producers are ramping up to supply more of the metal than ever. Steel Authority of India Ltd., Tata SteelBSE 1.02 % Ltd. and JSW SteelBSE -0.69 % Ltd. — which all posted losses last year — are targeting record output in ...

  Seoul / AFP Shares in South Korea’s Hanjin Shipping plunged more than 10 percent on Tuesday on worries its parent will not stump up promised cash to prevent it from going under, while a court told it to return chartered vessels to their owners. The world’s seventh largest shipper is seeking bankruptcy protection at home and in the US ...

  JAKARTA / Reuters Congress potentially has small window to ratify trade deal Vietnam is set to delay ratifying a massive U.S.-led Pacific trade pact until next year, as anxiety rises over the fate of the deal in Congress with America’s presidential election campaign exacerbating an anti-free trade mood. Ha Ngoc Chien, head of a parliamentary committee, suggested the National ...