News

  HANNOVER / WAM Mohammed Hilal Al Muhairi, Director- General of the Abu Dhabi Chamber of Commerce and Industry, has confirmed that the Chamber participation in the 2016 Hannover Messe International Industrial Fair in Hannover, comes as part of its strategy to promote and attract more industrial investments to the Emirate of Abu Dhabi. He said that the participation also ...

  Dubai / WAM DP World Limited handled 15.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first quarter of 2016, with gross container volumes growing by 3.7% on a reported basis, and up 2.4% on a like-for-like1 basis, DP World Chairman, Sultan Ahmed Bin Sulayem, said today during a meeting the Annual General ...

  RITIKA SHARMA / Emirates Business With global Halal industry growing, UAE-based hotels are gearing up to grow their share in the segment. Halal sector was worth US$140 billion in 2014, representing around 13 percent of global travel expenditure, and this figure is expected to reach US$233 billion by the year 2020. Glenn Nobbs, General Manager, Copthorne Hotel Dubai, one ...

  SUNAINA RANA / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed has announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the ...

  Abu Dhabi / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten ...

  Sharjah / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree No. 31 for the year 2016 on the establishment of the Sharjah Public Finance Award. Under Article 2 of this Decree, a periodic award shall be set up in the emirate called the Sharjah Public Finance Award, which ...

  Dubai / WAM Abu Dhabi National Energy Company PJSC (TAQA), on Thursday announced that Standard & Poor’s Ratings Services (S&P) has affirmed TAQA’s credit rating at ‘A’ (outlook stable). “We are pleased that S&P affirmed TAQA’s investment-grade credit rating,” said Grant Gillon, TAQA CFO. “The rating demonstrates that we have a strong credit story and speaks of the progress TAQA ...

  Dubai / Emirates Business Global shipping, logistics and marine service provider GAC has announced two new appointments within its Group Management team. HÃ¥kan Wester takes on the new role of Group Vice President – Strategy & Planning, and is charged with coordination and supporting the implementation of GAC strategy throughout the Group’s operations in more than 50 countries around ...

Dubai / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) has updated its regulations surrounding holiday homes to become more competitive, with the most significant amendments positively impacting individual owners and better enhancing the emirate’s holiday home segment through greater transparency, safety, standardisation and competitiveness. Under the new resolution, private home owners can apply for a holiday ...

  Sharjah / Emirates Business Under the patronage of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Member of the UAE Supreme Council and Ruler of Sharjah, the Environment and Protected Areas Authority in Sharjah (EPAA) honoured the winners of the 4th Sharjah Sustainability Award 2016. The award ceremony was held at the Sharjah Cultural Palace, on Thursday, and ...