News

Abu Dhabi / WAM Abu Dhabi will highlight its tourism credentials as a destination of distinction when a delegation, led by Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) embarks on a roadshow to four European countries in four days. In a bid to build on impressive numbers of inbound tourists from the continent, the delegation will visit Milan, ...

London / WAM The UAE Embassy in London hosted the third edition of the UAE-UK Pioneers Forum on March 11-12 at the Park Plaza Hotel Westminster Bridge. The Embassy initiative brought together the most prominent Emirati government entities, Emirati companies, and British companies that are seeking to employ bright and ambitious young Emiratis. Now in its third year, the UAE–UK ...

Sydney / AFP With Chinese buyers eyeing farm land in Australia and New Zealand, authorities are coming under growing pressure to balance the need for foreign investment against accusations of “selling out”. Currently up for sale is the S. Kidman and Co. Limited cattle empire — a vast Outback estate which covers 1.3 percent of Australia’s land mass and has ...

Beijing / Bloomberg China’s judicial authorities vowed to do more to combat financial crimes in the coming year, as the economy slows and leaders remain concerned that financial risks might lead to higher unemployment and social unrest. Chief prosecutor Cao Jianming said in his annual report to the country’s top legislature on Sunday that his department would prioritize investigations into ...

Manila / DPA Tourist arrivals reached 542,258 in January, an increase of 13.17 per cent compared to the same month last year, the Department of Tourism (DOT) said. The figure is considered a ‘historical first’ as international visitors breached the 500,000 mark. “At the rate that the industry is growing, tourism has proven that it is an important pillar in ...

New Delhi / Bloomberg India’s central bank was “comforted” that the government stuck with a road map to narrow the fiscal deficit, Governor Raghuram Rajan told reporters in his first public comments since the budget was unveiled two weeks ago. The goal to reduce the fiscal gap to 3.5 percent of gross domestic product in the year starting April 1 ...

Kathmandu / DPA Nepal plans to ask China to provide duty-free access to around 400 new products with export potential during Prime Minister KP Sharma Oli’s visit to Beijing scheduled to start on March 20, officials of the Foreign and Commerce ministries said. Nepali traders can presently export 8,030 products to China without paying import duty, but they have been ...

Emirates Business Under the patronage of His Highness Sheikh Tahnoon bin Zayed Al Nahyan, National Security Advisor, and organised by the National Emergency Crisis and Disaster Management Authority (NCEMA), the fifth edition of Crisis and Emergency Management Conference (CEMC) 2016 began on Sunday at St. Regis Resort Saadiyat Island, Abu Dhabi. The two-day conference titled ‘Innovative approaches towards a safe ...

Emirates Business Etihad Airways’ President and Chief Executive Officer James Hogan spoke in depth about changes in the global cargo industry, as he addressed more than 1,200 delegates at the World Cargo Alliance (WCA) Conference that took place at the Abu Dhabi National Exhibition Centre from March 10-13. In his opening address, Hogan spoke about how the Etihad Airways Partner ...

Sunaina Rana / Emirates Business In line with the ensuing World Water Day on March 22 — Water and Sustainable Development — QNET highlights the importance of sustainable management of freshwater resources. Khaled Diab, Regional GM at QNET MENA, told Emirates Business, “As population pressures in the region increase, the demand for water resources rises. Overall, developing a mix of ...