News

  Russia / AFP Russian pensioner Anna Venderenko says her village wrestles daily with the aftermath of the Chernobyl disaster, dreading the moment when a lifeline provided by the government in Moscow is slashed. The 70-year-old lives in Starye Bobovichi, 180 kilometres northeast of the stricken nuclear plant in neighbouring Ukraine. On the night of April 26, 1986, a blast ...

  Bloomberg Chernobyl, Ukraine|AFP: Defying radioactive contamination and a government evacuation order, Yevgeny Markevich returned to his beloved Chernobyl shortly after it suffered the world’s worst nuclear accident 30 years ago this week. The sturdy 78-year-old former teacher is among 158 people still living in the 30 kilometre (19 mile) exclusion zone around the Ukrainian nuclear power plant where reactor ...

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the Dubai Future Agenda as a strategic framework for the Dubai Future Foundation. His Highness said, “Today we have launched ‘Dubai Future Foundation’ and we look forward to a new phase in which the Foundation ...

  DUBAI / WAM Under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports; President of the Dubai Civil Aviation Authority; Chairman and CEO of Emirates Group, the Department of Economic Development (DED), Government of Dubai, launched a new initiative—the Business Community Engagement (BCE) to deepen and strengthen DED’s relationship with the business community. The ...

  ABU DHABI / WAM The Abu Dhabi City Municipality launched an extensive campaign aimed at combating disorderly accommodation as well as condensed bachelors accommodation in areas falling within the realms of authorities of Al Wathba Municipal Centre. The campaign is intended to confronting this phenomenon, and enforcing the environmental and health standards by organising awareness and educational campaigns targeting ...

  ABU DHABI / WAM The inflation rate in the Consumer Price Index (CPI) in the Emirate of Abu Dhabi for the first quarter of 2016 was up 3.2%, compared with the same period of 2015, according to a report released by Statistics Centre – Abu Dhabi (SCAD). The annual inflation rate for the first quarter of 2016 was 3.2%, ...

  DUBAI / EMIRATES BUSINESS Arabian Travel Market (ATM) 2016, the region’s leading travel industry showcase, opens its doors on Monday for four days of business networking opportunities, insightful seminar sessions, leadership forums, and recognition of 12 months of industry achievement. It takes place at the Dubai International Convention & Exhibition Centre from April 25-28.

  DUBAI / WAM Noor Bank on Sunday announced its financial results for the year ending 31st December 2015, with the bank reporting a net operating profit of AED561 million. The increase in profitability was fuelled by a 73% surge in fee and commission income and supported by a 35% rise in net income from financing.

  ABU DHABI / WAM Abu Dhabi Ship Building, ADSB, announced key business highlights for 2015 at their Annual General Meeting held in Abu Dhabi last week, registering a consolidated revenue of AED 791 million, while its net profit rose to AED 87 million. In addition, members of the General Assembly approved the distribution of the cash dividends amounting to ...

  Sunaina Rana / EMIRATES BUSINESS UAE-based ARTAR Real Estate Development announced that it has achieved a 15% completion rate of Mada Residences. The new upcoming project is situated in Downtown Dubai and this exclusive residential property development is ARTAR’s first project in the UAE. Sulaiman Abdulrahman Al Rashid, CEO of ARTAR Real Estate Development LLC, said, “We have witnessed ...