News

  Hanover / AFP Opponents of a proposed transatlantic trade deal hope to draw tens of thousands onto German streets Saturday, on the eve of a visit by US President Barack Obama. Obama’s trip — to open an industrial technology fair in the northern city of Hanover and hold talks with Chancellor Angela Merkel and other European leaders — was intended ...

  Riyadh/ WAM The GCC countries need today, more than any time before, to solidify their joint action mechanism to address and confront challenges facing them in a regional, troubled setting fraught with risks and threats and an international environment experiencing rapid and important transformations in terms of stance, policies and trends, affirmed His Highness Sheikh Mohamed bin Zayed Al ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to Her Majesty Queen Elizabeth II of the United Kingdom of Great Britain and Northern Ireland on the occasion of Her Majesty’s 90th birthday. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and ...

  DUBAI / WAM DP World is prepared for the implementation of the new International Maritime Organisation (IMO) Safety of Life at Sea (SOLAS) regulation which comes into effect on 1st July, 2016. The new regulation mandates that shippers of goods must obtain the Verified Gross Mass (VGM) of laden export containers and communicate it to ocean carriers sufficiently in ...

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar’s Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as ...

  Dubai / WAM Deyaar Development (Deyaar) on Thursday announced its preliminary Q1 unreviewed financial results registering AED 51.03 million in net profits, and AED 60.2 million in revenue compared to AED 36.2 million during same period last year. Saeed Al Qatami, CEO of Deyaar, said: “Deyaar’s strategy to continuously grow and diversify its portfolio of developments and services has ...

  Abu Dhabi / WAM The Federal Authority for Electricity and Water (FEWA) carried out a number of water projects in the Emirate of Sharjah worth AED300 million to meet the growing demand for the vital commodity from new urban centres at Al Madam and Maliha. Mohammed Saleh, Director of FEWA, said the projects included a 400 km-long water distribution ...

  DUBAI / Emirates Business The Middle East has cemented its place as one of the top outward remittance hubs in the world, with the figure in excess of USD 120 billion for that year. A complementary internal research conducted by Xpress Money, one of the most dependable money transfer brands in the world, indicated that remittances within the Middle ...

  SUNAINA RANA / Emirates Business Canadian firm OpenAire joined hands with Sharjah-based International Private Group (IPG) to build a giant skylight dome in Sharjah. Construction of this state-of-the-art dome, which also involves Aluminum Light Industries Co (ALICO) and Gambert Architectural, will add to the elegance of Sharjah’s largest shopping mall christened ‘Sharjah Mall’. “We are excited as this would be ...

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar’s Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as ...