News

  Dubai / Emirates Business All regional and global attention is now turned to Dubai for the much-awaited opening of the prestigious ‘Dubai Maritime Week 2016’ to be held under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. Dubai Maritime City Authority (DMCA) is all ...

  Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), has received 137 applications to participate in the Mohammed bin Rashid Al Maktoum Global Water Award. The Award is worth USD 1 million and aims to find solutions to the global problem of water scarcity. Suqia announced that ...

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, has donated school supplies to underprivileged children studying at Noshera Mewat Public Middle School near New Delhi, India. The donation was presented at the official re-opening of the school, which has been fully rebuilt with funds raised by the Abu Dhabi-based airline. Students received ...

  Dubai / Emirates Business The UAE can be a regional hub for global pharmaceuticals manufacturing, with innovation driving performance in the sector, the leaders of some of the world’s largest pharmaceutical companies heard at a briefing led by the UAE Government and supported by the Global Manufacturing and Industrialisation Summit (GMIS) – the world’s inaugural global gathering for the ...

  Dubai / Emirates Business Dubai Wholesale City (DWC), the largest wholesale hub in the world, is organizing a visit to China that targets Chinese investors in a number of major cities, including Yinchuan, Yiwu, Shanghai, and Beijing. A delegation from Dubai Wholesale City, headed by its CEO, Abdulla Belhoul, will hold meetings with government and private organizations in China, to ...

  Dubai / Emirates Business As part of its commitment to sharing its experiences and best practices in smart education, Hamdan Bin Mohammed Smart University (HBMSU) recently discussed prospects for joint cooperation with a high-level delegation from Toyota Communication Systems (TCS), a subsidiary of Toyota Motor Corp. specializing in systems development and integration. The visiting delegates commended HBMSU’s prestigious global ...

  Abu Dhabi / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, through the endorsement and support of the Emirates Authority for Standardisation & Metrology (ESMA), and the UAE’s National Electronic Security Authority (NESA), is set to host the next scheduled meeting of the global Information Technology (IT) security standards body, the International Organisation for Standardisation ...

  Reuters Borrowing a cup of sugar from your neighbour has rarely been so contentious in Egypt. At supermarkets across the country sugar has all but vanished, prompting media talk of a crisis and pushing the state to rapidly increase imports despite an acute dollar shortage and soaring global prices of the sweetener. Egypt consumes around 3 million tonnes of ...

  Reuters Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace of business is hampered by banking restrictions ten months on from the lifting of international sanctions. Shut out of international financial markets for years, Iran is still trying to reap the benefits of last year’s nuclear deal with ...

  Bloomberg Australia just found out the price of blocking foreign investment. The New South Wales state government announced it had sold a 50.4 percent stake in power network Ausgrid to two local funds in a deal valuing the entire company, including debt, at about A$20.8 billion ($16 billion). Two months earlier, the federal government barred New South Wales from ...