News

  DUBAI / WAM Jebel Ali Free Zone (JAFZA) the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle East region, registered an additional 60 Indian companies in 2015 from key sectors, including electronics (20%), steel, construction and building materials (19%), chemicals and petroleum products (17%) and FMCG (6%). With over 800 Indian ...

  ABU DHABI / WAM The Federal Authority for Government Human Resources has declared Thursday, May 5, an official holiday for the public sector to mark the ‘Israa and Miraj’ holiday, work will resume on Sunday, May 8. A circular issued by the authority stated that the decision is in implementation of the provisions of Paragraph 5 of Article 100 ...

  AJMAN / WAM Under the slogan of “Today’s Census Tomorrow’s Development”, the fast counting phase of Ajman Census will commence on April 16, to count houses, buildings, economic establishments and families. Naser Al Dhafri, Head of Media Committee of Ajman Census, appealed to the public to cooperate with the enumerators and facilitate their tasks in order to achieve the ...

  Abu Dhabi / WAM The National Archives is exploring the possibility of launching Braille versions of its books on the history and heritage of the UAE. Majid Al Muhairi, Executive Director of the National Archives, sought cooperation with the Emirates Association for the Visually Impaired, EAVI, regarding this initiative during a reception for Adel Abdullah Al Zamar, President of ...

ABU DHABI / WAM The Ministry of Interior’s Pavilion at the Dubai International Government Achievements Exhibition attracted a large turnout of visitors who reviewed the different initiatives and projects displayed by the ministry. These projects and initiatives aim to promote the UAE’s competitiveness and highlight the availability of time and effort saving services offered to the public. Colonel Nasser Khadem Al ...

  ABU DHABI / Emirates Business Record investment deals on the show floor of Abu Dhabi’s largest property showcase have been reported for one UAE real estate developer, as the three day event drew to a successful close. Dispelling recent concern over the apparent property market slowdown, Bloom Properties has announced that 70% of units in its new project, Faya, ...

Bloomberg Bank of England officials said the U.K.’s European Union referendum may already be weighing on growth as they kept their key interest rate at a record low. The nine-member Monetary Policy Committee, led by Governor Mark Carney, unanimously agreed to maintain the benchmark at 0.5 percent — where it’s been for more than seven years. In a ramping up ...

  London / AP The latest bout of falling prices across the 19-country eurozone has ended — after just a single month. Revised figures on Thursday from the European Union’s statistics agency showed that inflation was flat in the year to March. That’s up from the initial estimate of a 0.1 percent fall and February’s 0.2 percent annual drop. The biggest ...

Bloomberg Lawsuits filed by hundreds of Porsche SE investors over the company’s use of complex financial instruments in 2008 before its failed takeover of Volkswagen AG will be combined under a special procedure to handle some large civil cases in Germany. A court in Hanover ruled that it will send the cases to appellate judges in the northern city of ...

  Bloomberg Elections are approaching in Norway, accompanied by the familiar sound of oil executives and politicians arguing over the environmentally sensitive Lofoten islands in the Arctic. Oil prices may have plunged in a global economy awash with oversupply, but producers in Norway say they’re thinking much longer term. Statoil ASA, which has been lobbying for years to open the ...