News

  Dubai / Emirates Business Emirates National Oil Company (ENOC) won the Ideas Arabia Competition 2016 in the ‘Health & Safety’ category for its innovative idea in the design and deployment of specialised jet refuelling hydrant servicers for the smaller-sized Boeing 737 aircraft. The unprecedented advanced system allows for faster and safer refuelling of aircrafts reflecting ENOC’s commitment to HSE ...

  Dubai / WAM As part of its efforts towards pioneering a sustainable and smarter city by embracing the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, Dubai Municipality, with the help of Microsoft SharePoint, launched DM Smart Search, a unified portal that provides access to vital information from across ...

  RITIKA SHARMA / Emirates Business The UAE is not only doing exceptionally well in terms of tech-aided travel solution, but also emerging as a trendsetter for innovative technology-based services in the regional travel industry, experts believe. The country has proved that the right technology mix can make a huge difference and strengthen the travel industries across countries, they opine. ...

  DUBAI / Emirates Business Leading global ICT solutions provider Huawei has signed an MOU with Dubai South to bring future-city capabilities and services to Dubai South’s Business Park Free Zone. Located at the gateway of Dubai South and comprising 11 modern buildings, the Business Park offers commercial space to support diverse sectors including aviation, logistics, general trading, finance, business ...

  Emirates Business Air Miles — the region’s leading loyalty programme — has transformed its entire platform to digital, creating a sophisticated, user friendly app and website to make Air Miles more convenient and valuable to customers and business. The app, Air Miles ME, is available on Android and iOS and can be used when shopping with Air Miles partners ...

  DUBAI / Emirates Business Nissan Motor Co., Ltd. published its annual Sustainability Report showing that the global automaker’s carbon dioxide (CO2) emissions have fallen by 22.4% over the past decade. Nissan’s success in reducing emissions, promoting zero-emission vehicles and saving energy at its facilities has made it the highest-performing automotive company tracked by the Carbon Disclosure Project, which works ...

  DUBAI / Emirates Business Tickets for the sporting and social event of the year are now on sale. The Emirates Airline Dubai Rugby Sevens will take place on December 1-3 at The Sevens Stadium. Over 100,000 fans and 4,000 players are expected. Now in its 47th year, the long-awaited three-day annual rugby festival will see Olympic sporting heroes take ...

  Bloomberg India is due to announce a successor to central bank Governor Raghuram Rajan. To get a sense of what traders expect, look at bank stocks. The NSE Nifty PSU Bank Index, which comprises 12 state-owned lenders, has rallied 21 percent over the past two months, as speculation about Rajan’s exit intensified. That compares with about a 10 percent ...

  Bloomberg Steel prices in Shanghai rallied after a local government in China’s top producing province ordered mills to restrict output at a time when inventories have shrunk to at least a six-year low. Steel reinforcement-bar, a benchmark product in the construction industry, for October delivery climbed as much as 5.5 percent to 2,563 yuan (US$383) a metric ton on ...

  Bloomberg India’s oil demand in the three months of the financial year that began April 1 grew at the fastest pace for any first quarter period in the past 10 years. The country consumed 48.5 million tons of oil products in the quarter, an increase of 7.8 percent from the same period a year ago, according to the oil ...