News

  Bloomberg India’s coal ministry, at the urging of state miner Coal India Ltd., is asking the government to levy an environmental tax on a competing fuel in effort to maintain coal’s cost-competitiveness, according to people with knowledge of the matter. Petcoke, an oil-refining by product and a coal substitute, is more polluting than coal and should be subject to ...

  Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with an influence in many international markets, has on Wednesday announced the launch of its 271-unit, “Roy–Mediterranean” services apartment project – a high-end residential offering, with hotel facilities, located in the Al Furjan district of Dubai. Farhad Azizi, CEO of Azizi Developments, said: “Al Furjan, Dubai, is ...

  DUBAI / WAM The UAE prominently featured major developments in its e-services and ranked high in the latest UN Department of Economic and Social Affairs’ (DESA) E-Government Development Index (EDGI) Survey 2016, according to UN DESA’s Vincenzo Aquaro, Chief E-Government Branch, Division for Public Administration and Development Management. The statement reflects the huge success and progress in the country’s ...

  Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) discussed ways to develop mutual economic cooperation with the Spanish Business Council in order to enable Spanish companies to benefit from the available growth potentials at the Freezone, which provides an ideal gateway to the emerging markets in the Middle East, North Africa and South Asian regions (MENASA). This ...

  SHARJAH / WAM In the first half of 2016, Sharjah Charity International (SCI) spent AED60.4 million in humanitarian, charitable, developmental and services projects for the benefit of poor people in a number of countries across the world. A report on SCI’s foreign aid said that these humanitarian initiatives were carried out as part of the UAE’s policy to support underprivileged ...

  Dubai / WAM The Dubai Customs Training Centre organised, jointly with the Ministry of Economy (MoE) a training workshop on the provisions of the WTO Trade Facilitation Agreement (TFA), to give the employees of Dubai Customs (DC) an insight into the TFA. The workshop facilitator Sultan Ahmed Darwish, Director of Trade Negotiations and WTO, Ministry of Economy, said that “The United ...

  DUBAI / WAM As part of its role in enhancing the competence of UAE nationals, Emirates Central Cooling Systems Corporation (Empower) has launched a summer training programme for Emirati university students to boost their learning process and expose them to latest technologies, innovations and environmental solutions. “The summer programme demonstrates our commitment to our country by training the UAE nationals ...

  Abu Dhabi / Emirates Business Panasonic Avionics (Panasonic) and Yahsat on Wednesday announced the signing of a Memorandum of Understanding (MOU) to explore new ways to offer a broadband connectivity solution serving several mobility markets in the Middle East within the next three to five years. In addition, while final terms are still being negotiated, the MOU allows both ...

  Dubai / Emirates Business Promoting Dubai’s competitive business environment in the Russian market, the Dubai Chamber of Commerce and Industry’s international office in Azerbaijan recently participated in Innoprom 2016, which is the main International Industrial trade fair held in Ekaterinburg and is attended by over 48,000 visitors and 600 participating companies from more than 95 countries of the world. ...

  DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...