News

  Abu Dhabi / WAM The Federal National Council (FNC) will hold its tenth meeting of the first ordinary session of the 16th legislative chapter on May 10 in Abu Dhabi under the chairmanship of Dr. Amal Abdullah Al Qubaisi, FNC Speaker. During the session, in the presence of H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime ...

  KATHMANDU / WAM Sixteen climbers from the UAE Armed Forces set up camp in the Khumbu valley, 5,364 metres above sea level in the Himalayas in Nepal, as they prepare to climb Mount Everest. The UAE military team will camp there for several weeks in preparation for the main adventure, which is attempting to climb the world’s highest peak ...

  DUBAI / WAM Dubai’s ambitious growth plans as well as policy focus on competitiveness and innovation have been explained to US investors and businesses during a series of ‘Doing Business in Dubai’ seminars hosted recently across Orlando, Dallas, Denver and San Francisco, by a delegation led by Dubai Investment Development Agency, Dubai FDI, an agency of the Department of ...

  Dubai / WAM The first materials library of its kind in the world is all set to open in Dubai this year. The pioneer project will be the first in the world accessible to both design related industries and the public. D-Town Library will have capacity to display thousands of materials — becoming the largest archive in the globe. ...

  Dubai / Emirates Business Phoenix Contact, an electrical engineering company recently released the company’s growth figures for 2015 and strategic growth plans for 2016. “We achieved our planned revenue growth of eight percent in 2015 and are therefore in a strong, secure market position,” stated Chief Executive Officer Frank Stührenberg at a press conference, expressing his satisfaction with Phoenix ...

  Dubai / Emirates Business In line with its steadfast mission to add life to its valued customers’ entertainment experiences, du has partnered with Ticketmaster to launch an exclusive discount offer. Now onwards, all du customers can enjoy 15 percent off main events’ tickets booked through the entertainment giant’s website, which was specifically created for du and will host tickets ...

  Abu Dhabi / Emirates Business Etisalat has announced the exclusive launch of the latest 4G+/LTE HTC 10 smartphone for its customers in the UAE at zero upfront and starting as low as AED105 per month. The new mobile device from HTC can be purchased from key Etisalat Business Centres and authorized retail outlets across the UAE. Customers can also ...

  DUBAI / Emirates Business Al-Futtaim Engineering’s Building Products division has been recognised as the ‘Outstanding Distributor’ for the Middle East and North Africa (MENA) region by TOTO Asia Oceania Middle East. The award was presented to Dawood Ozair, Senior Managing Director of Al-Futtaim Engineering and Technologies, and Wasim Haider, General Manager of Building Products division at Al-Futtaim Engineering, by ...

DUBAI / Reuters Kuwaiti telecom firm Zain has agreed to buy Abu Dhabi-listed Etisalat’s 92.3 percent stake in Sudanese fixed line operator Canar for AED 349.6 million ($95.2 mn). The deal would strengthen Zain’s grip on Sudan’s telecom sector where it is already the top mobile operator by subscribers and has long sought to add a fixed-line licence. It is ...

  BANGKOK / AP Japan’s foreign minister announced a multibillion-dollar initiative on Monday to promote development in Southeast Asia’s Mekong region, which encompasses parts of Vietnam, Laos and Thailand through which the river flows. In a speech at Chulalongkorn University in Bangkok, Fumio Kishida affirmed the importance of Southeast Asia’s economic prosperity to Japan. He pledged 750 billion yen ($7 ...