News

  Dubai / Emirates Business Dubai’s Jumeirah Golf Estates, host of the DP World Tour Championship, has taken home two major awards at Indian-based real estate awards ceremony — the World’s Best Realty Brand Awards 2016 Asia, as India is revealed as Dubai’s largest real estate investor group outside of the Arab world. Jumeirah Golf Estates’ high-end collection of villas ...

  Bloomberg When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority. Back then, the world’s biggest oil companies enjoyed relatively strong balance sheets, with little borrowing relative to the value of their assets. Miners entered the slump in a very different state and some of the world’s largest — ...

  Bloomberg A revolution in south Australia is wresting power from utility-owned grids and putting it inside batteries installed inside the homes of electricity consumers. Billed as the world’s biggest “virtual power plant,” AGL Energy Ltd. is installing 1,000 batteries in and around Adelaide at a cost of about A$20 million ($15 million), according to a statement on Friday. The ...

  Dubai / WAM A delegation from the Dubai Supreme Council of Energy and the Road and Transport Authority (RTA) visited the Los Angeles Bureau of Street Lighting in the US as part of a series of mutual visits aimed to enhance cooperation and become acquainted with the best international practices. The delegates included Faisal Ali Rashid, Director of Demand Side ...

  Dubai / WAM Under the umbrella of the United Nations Development Group’s UNDAF Design Innovation Facility, the UNCT along with the UNDP programme team, recently organised a two-day Social Innovation Camp under the theme, “Tackling Youth Unemployment and Encouraging Youth Entrepreneurship in the UAE”. This event was hosted by the University of Wollongong in Dubai and served as a launch ...

  Dubai / WAM The UAE General Civil Aviation Authority (GCAA) said that an international investigation team led by the Air Accident Investigation Sector (AAIS) of the GCAA, and accredited representatives of the states of manufacture of the aircraft, United States, and the engines, United Kingdom, will probe the cause of the accident of the Emirates Airline Boeing 777-300 aircraft flight ...

  Dubai / Emirates Business RAK Ceramics, one of the world’s largest hi-tech manufacturers of lifestyle ceramics solutions, on Thursday announced its results for the second quarter ended June 30. Despite a slowdown in construction activity in the GCC and the impact of geopolitical uncertainty in some of the regional export markets, RAK Ceramics continued to successfully deliver on its ...

  Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation (KF) in cooperation with the Sharjah Chamber of Commerce and Industry and the Ministry of Education, is organising a “Back to School” Exhibition in Ajman. The exhibition will be held under the patronage of H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and ...

  Dubai / WAM The Ministry of Interior (MoI) on Thursday urged motorists to drive carefully and safely as a result of low visibility formed by dusts and sands, particularly on sides of desert highways that have no windbreaks. In a road warning statement, the ministry advised motorists to remain cautious, reduce speed and leave sufficient distance between vehicles so as to ...

  Dubai / Emirates Business With Dubai’s residents and visitors making the most of the exciting line up of diverse summer experiences, they can look forward to even more exciting shopping options in the fifth week of Dubai Summer Surprises (DSS), the region’s popular summer extravaganza. Organised by the Dubai Festivals and Retail Establishment (DFRE), an agency of the Department ...