News

  The Hague / AFP Inflation in The Netherlands dipped into negative territory in July for the first time in nearly three decades, slipping to -0.30 percent, according to official statistics published on Thursday. “The last time that inflation was below zero was in December 1987,” the Central Statistics Office said. The news came after three months of stagnation when ...

  Brussels / AFP The European Union on Thursday hit China and Russia with anti-dumping duties on cold rolled steel imports after complaints by EU producers they were being forced out of the market. The European Commission said the levies, announced provisionally in February, will run for five years as Europe tries to cope with a global steel glut largely ...

  Brighton / AFP The world’s tallest moving observation tower, the i360, opens to the public on Thursday, a futuristic landmark that has transformed the historic seafront in the English tourist resort of Brighton. A 162-metre (530-foot) high steel tower is ringed by a doughnut-shaped glass observation pod that gently glides up and down. The design is meant to be ...

DUBAI / WAM Dubai International Airport announced that air traffic returned to normal after a delay of several hours after Emirates’ flight EK521, coming from Thiruvananthapuram in India to Dubai, was involved in an incident at the airport this afternoon. A FEDEX aircraft was the first to take off from the airport while an Emirates flight also landed at 6:43pm ...

  Abu Dhabi / EMIRATES BUSINESS The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, today announced that more than 30 undergraduate students, half of them UAE nationals, are currently interning with the research-based institution.

  DUBAI / WAM Emirates is to resume flights from Dubai to Conakry, the capital of Guinea, from October 30. The airline said on Tuesday that the flight to Conakry will be linked to Emirates’ four times weekly service between Dubai and Dakar. A Boeing 777-300ER aircraft was introduced on the route between Dubai and Dakar on Wednesday (August 2) ...

  AJMAN / WAM Ajman Free Zone launched its newest product, ‘The Business Centre’, a kick-starter pack for those looking to open companies in the country. The plan aims to contribute towards aiding entrepreneurs in establishing companies, and increase the rate at which companies start up in the city. It intends to do this by offering prices that are less ...

  Dubai / WAM Growth of the UAE’s non-oil private sector accelerated to a ten-month high in July. Sharp expansions of output and new work helped the sector to gather momentum, alongside quicker rises in purchasing activity and employment. Notably, the rate of job creation was the fastest in over a year. Meanwhile, purchasing costs continued to increase solidly. The rate ...

  Dubai / WAM A total of 503 fake passports were seized during the last six months by the Expertise Centre Identity and Fraud Documents (ECIFD) system at Dubai International Airport, according to a top official. During an inspection visit to the ECIFD, Major General Mohammed Al Marri, Director-General of the General Directorate for Residency and Foreigners Affairs in Dubai, GDRFA-Dubai, ...

  Dubai / Emirates Business In line with its commitment to support aerospace innovation across the Middle East, Honeywell (NYSE:HON), has brought its industry-leading test aircraft to Dubai for a three-day stop as part of final testing for a revolutionary new GX Aviation, high-speed inflight Wi-Fi network arriving to airlines and business jets later this year. Honeywell has a long ...