News

  RITIKA SHARMA / Emirates Business Industry leaders and stakeholders active in the exhibitions industry in the Middle East and Africa (MEA) region are playing a major role in stabilising the regional economy by creating thousands of jobs every year, experts emphasise. Figures state that the region hosts around 30,000 exhibitions per year and they typically generate upto 680,000 full-time ...

  Dubai / Emirates Business DIFC Wills & Probate Registry (WPR) has announced a major new partnership with Emirates NBD, one of the leading banks in the region, according to which individuals who want to secure their assets in Dubai can now do so for a manageable monthly cost. The landmark new relationship will see Emirates NBD, one of the ...

  Dubai / Emirates Business Nissan recently unveiled the GT-R Drone – one of the fastest accelerating FPV (First Person View) racing drones in the world. Built to be able to keep up with the new 2017 Nissan GT-R while filming on the track, the drone features the very latest in performance-enhancing technology, just like its automotive equivalent. Custom designed ...

  Abu Dhabi / Emirates Business Abu Dhabi Airports has begun its ‘Beat the Heat’ campaign advising staff and contractors on how to cope with extreme weather conditions over the summer. The company is holding lectures in Arabic, English, Urdu and Hindi, and displaying multi lingual posters and dehydration awareness charts, to equip workers with all the information they need ...

  Sharjah / Emirates Business Mleiha Archaeological and Eco-tourism Project, one of Sharjah Investment and Development Authority (Shurooq)’s most prominent developments, is continuing its special offers for tourists and residents up until the end of Ramadan. The heritage and cultural destination’s holy month excursion packages are providing visitors with the opportunity to enjoy unique desert experiences; including evening tours, ‘dune ...

  Jeddah / Tribune News Service The Kingdom is set to become a world class, technologically advanced country under the new economic strategy led by Deputy Crown Prince Mohammed bin Salman, according to businesspeople. Ihsan Bu-Hulaiga, chairman and founder of Joatha Consulting Center for Business Development, said there was no doubt the government was committed to the goals outlined in ...

  Cairo / Reuters Egypt’s central bank said it could secure some $10 billion from the International Monetary Fund (IMF) by agreeing a structural reform programme but has yet to make any formal request to do so. Talks over a possible loan half that size have faltered in the past and analysts say an IMF deal might require reforms that ...

  Tribune News Service The MISK Charitable Foundation and King Abdullah Economic City (KAEC) concluded a cooperation deal with Babson College and Lockheed Martin to start the Prince Mohammad bin Salman College of Business and Entrepreneurship. The deal, reached under the supervision of Deputy Crown Prince Mohammad bin Salman, was signed in Washington, D.C. by Badr Al-Asaker, secretary-general of the ...

  Jakarta / Agencies Indonesia’s parliament on Tuesday passed a tax amnesty bill in a bid to give Southeast Asia’s top economy a multi-billion-dollar boost, defying criticism the move will let evaders off the hook. The government believes the amnesty can bring in 165 trillion rupiah ($12.4 billion) of additional revenue this year by offering low rates to those who ...

  New Delhi / Bloomberg Belarusian Potash Co. agreed to supply potash to India at the cheapest price in almost a decade, but a level that analysts said exceeds previous estimates and indicates renewed demand for the crop nutrient. Indian Potash Ltd. will buy 700,000 metric tons at $227 a ton in the new agricultural season starting July 1, according ...