News

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) renewed a Memorandum of Understanding (MoU) and cooperation with the China Council for the Promotion of International Trade. The MoU was signed at the headquarters of the Sharjah Chamber by Khaled bin Butti Al Hajri, Director-General of the SCCI, and Yu Jianlong, Vice-Chairman and Secretary-General of the China International ...

  Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group met with Maya Tissafi, Ambassador of Switzerland to the UAE, where Switzerland confirmed officially its intent to participate in Expo 2020 Dubai. Sheikh Ahmed said, “Expo 2020 Dubai will be an ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held talks on Tuesday at Al Shatea Palace with visiting Secretary of Defence, Ashton Carter, centred on efforts being exerted by the international community to counter terrorism, violence and terrorist groups as well ...

  ABU DHABI / Emirates Business Abu Dhabi Airports reported a 9.5% increase in passenger traffic during the first quarter (Q1) of 2016 at Abu Dhabi International Airport (AUH), compared to Q1 in 2015. Between January and March this year, 6,044,025 passengers travelled through AUH, compared with 5,521,110 during the same period last year. Aircraft movements rose to 42,204, representing ...

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) on Tuesday announced the completion of the construction of the concrete dome for the Unit 2 Reactor Containment Building (RCB), another major achievement in the development of the UAE’s nuclear energy programme. The dome is the final structural component of the vast Reactor Containment Building, which now measures more ...

  ABU DHABI / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR) Board of Management held its second meeting of 2016 on Tuesday to assess FANR’s performance so far this year and to provide guidance for upcoming FANR projects and activities. Led by Board Chairman Abdulla Nasser Al Suwaidi, the Board meeting discussed FANR’s accomplishments in the first quarter ...

  DUBAI / WAM Dubai Parks and Resorts is seeking to raise a total of AED2.67bn in additional financing, of which Dh1.68bn is being raised through the Rights Issue with the remaining AED 993 million through debt financing secured from Abu Dhabi Commercial Bank, Dubai Islamic Bank and Sharjah Islamic Bank. In a statement, Dubai Parks and Resorts confirmed that ...

  DUBAI / WAM The United Arab Emirates remains one of the world’s top trading economies, ranking 20th globally and first in the Middle East and Africa in commodity exports. It also placed 19th internationally in commodity imports and led the MENA region in overall commodity trade, with regional exports totalling USD 265 billion to account for 1.6 percent of ...

  Dubai / Emirates Business Etihad Airways Partners’ (EAP) US$700 million landmark finance transaction in 2015 has been recognised with a third key international award after being named Innovative Deal of the Year by the prestigious publication, Airfinance Journal. The five-year bond agreement involved Etihad Airways, its subsidiary Etihad Airport Services and five of the carrier’s strategic equity airline partners ...

  ABU DHABI / WAM Abu Dhabi’s tourism industry will be displaying one of its largest ever product portfolio’s at Arabian Travel Market (ATM) – the region’s biggest travel and tourism fair – which is taking place for four days from April 25-28 at the Dubai World Trade Centre. The emirate’s leading hotels, destination management companies, tour operators and attractions ...