News

Non-OIC nations move up Muslim travel index

  Alkesh Sharma / Emirates Business Members of the Organisation of Islamic Countries (OIC) always have a unique advantage when it comes to Muslim travel, thanks to the plethora of Muslim-friendly facilities and services available. However, some non-OIC destinations have also started targeting the Muslim travel market and are making sustainable efforts to offer tailor-made services to attract them. Recent ...

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Mobile Capture tech to transform IT sector

  Sunaina Rana / Emirates Business Mobile phones are an integral part of digital advancements that are transforming almost every sector these days. Experts say the Mobile Capture technology will change the face of information management soon. Stressing on the importance of a high-tech future, Emma Isichei, Worldwide Category Director, Capture Solutions at Kodak Alaris, emphasizes the need for adopting ...

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Construction sector moves towards a new fire safety code

  Sunaina Rana / Emirates Business In the wake of the New Year’s Eve blaze in a hotel in the United Arab Emirates, the Civil Defense Authorities in the nation have been working on new fire safety regulations for buildings. UAE represents a multi-cultural hub for industries, residence and tourism, owing to which fire safety becomes a vital element. As ...

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Shop till you drop at Abu Dhabi Duty Free

  ABU DHABI / Emirates Business Abu Dhabi Duty Free is providing passengers with a fantastic shopping experience this summer season with an unprecedented number of promotions, retail exclusives and culinary treats. Offers include ‘spend & win’ promotions across all shops throughout the airport, with cash vouchers being given away. Sharaf DG and Pure Gold are also introducing special products ...

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Al Montazah festivities see huge turnout

  Sharjah / Emirates Business Al Montazah, Sharjah’s first amusement and waterpark, saw a huge turnout of visitors with the crowds of residents and tourists keen to share the blessings of the occasion and enjoy fun-packed water-based activities at the emirate’s popular leisure destination. Visitors to Al Montazah were able to soak up a joyful atmosphere all day long, with ...

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Visitors take a fun dip at Al Majaz

  Sharjah / Emirates Business Al Majaz Waterfront, Sharjah’s premier tourist and family destination, marked the occasion of Eid Al Fitr with an array of special activities under its ‘Summer Fun’ programme. Launched on the first day of Eid, the event ensured that a smile on the visitors’ faces with fun-filled entertainment shows and performances. Al Majaz Waterfront’s Eid activities, ...

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Kazakh ruler retools nation for era of low-cost crude

  Bloomberg As Kazakhstan’s leader celebrated his 76th birthday this week, the social bargain that’s underpinned his more than quarter-century in charge is crumbling. President Nursultan Nazarbayev’s plans to retool his nation for an era of low-cost crude are meeting resistance from protesters opposed to land reforms and, more recently, from religious radicals. The struggle to implement his overhaul is ...

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India’s steel import curbs raise prices and hit consumption

  Bloomberg India’s steel consumption dropped in June for the first time in at least 15 months, as curbs on imports raised prices in the domestic market. Demand fell 4.3 percent to 6.8 million metric tons from a year ago, the first drop since at least April 2015, when the Steel Ministry began to publish monthly data. Steel output in ...

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Takata seeks investors, contacts upto 20 bidders to speed sale

  Bloomberg Takata Corp., the scandal-stricken air-bag maker that’s seeking investors, is reaching out to as many as 20 possible buyers in an effort to narrow down a list of suitors, according to people familiar with the matter. Takata is working on restructuring the company and is open to a sale to a private equity partner, a parts supplier or ...

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India may raise FDI in print media

  AFP India is considering a proposal to increase the limit on foreign direct investment in local newspapers and magazines, two government officials said. The Finance Ministry recommended raising the cap to 49 percent from 26 percent, bringing it on par with that on news television channels, the officials said, asking not to be identified citing rules for speaking with ...

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