Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, discussed economic and trade cooperation with Egypt and Czech Republic, and ways to strengthen the bilateral relationship for greater mutual benefit. This came during Al Mansouri’s separate meetings with Wael Jad, Ambassador of the Arab Republic of Egypt and Alexander Sporish, the Ambassador of the Czech Republic to ...
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Dubai non-oil trade hits AED1.28 trillion
DP World Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation (PCFC) Sultan bin Sulayem commented on these figures, saying, “Dubai has once again demonstrated its great capacity to cope with and make the best of the ups and downs of global trade, focusing on the thriving sectors of ICT products and smart devices.†“The foreign trade ...
Read More »ADNEC to promote IDEX and NAVDEX at DIMDEX
Abu Dhabi / WAM A delegation from Abu Dhabi National Exhibitions Company (ADNEC) will participate in the upcoming Doha International Maritime Defence Exhibition and Conference (DIMDEX) 2016, which begins in Doha, Qatar. ADNEC’s participation is part of its strategy to promote the International Defence Exhibition and Conference (IDEX 2017) and the Naval Defence Exhibition and Conference, NAVDEX 2017, to specialised ...
Read More »RTA to drive Smart City initiatives
DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has attended a session of the Government Innovation Lab focused on discussing the Smart City initiatives. The event, also attended by a host of CEOs and Directors concerned with the Smart City initiatives at the RTA, was held by ...
Read More »Etihad Engineering to organise AE&M Conference
ABU DHABI / WAM Etihad Airways Engineering, the Middle East’s aviation maintenance, repair and overhaul (MRO) provider, will be the host sponsor of MRO Network’s upcoming Airline Engineering & Maintenance: Middle East conference, taking place in Abu Dhabi on April 26-27. Exploring MRO growth is at the heart of the discussions at this conference which has a 20-year history of ...
Read More »NCMS warns of fresh winds and rough sea
ABU DHABI / WAM The National Centre for Meteorology and Seismology (NCMS) has urged motorists to exercise caution, reduce the speed and leave enough distance between vehicles because of imminent dust storm. The statement called on seafarers not to go to sea due to rough seas in the Arabian Gulf, stressing the need for periodic follow-up of weather reports through ...
Read More »Links Group receives ‘Best Small Business’ award
Dubai / Emirates Business Links Group, one of the UAE’s leading providers of commercial facilitation and advisory services, on March 21 was awarded the ‘Best Small Business’ accolade at the inaugural FinanceME Business Vision Awards for its continuous development as a top performing SME. Links Group received the accolade from Robin Amlot, CEO of CPI Financial and Georgina Enzer, Managing ...
Read More »Japanese government to front-load budget spending to spur growth
TOKYO / Bloomberg The best way to boost the economy is to quickly implement the existing budget for the next fiscal year, Prime Minister Shinzo Abe said on Tuesday, rejecting speculation he would announce a supplementary spending package. Speaking after the parliament passed a record 96.7 trillion yen ($850 billion) in outlays for the 12 months starting April 1, Abe ...
Read More »Chinese men moved stolen B’desh millions to Philippines
Manila / AFP Two Chinese men were responsible for moving $81 million stolen by hackers from Bangladesh’s foreign reserves into Philippine casinos, an inquiry in Manila heard on Tuesday. Following the heist, the millions stolen from the Bangladesh central bank’s American accounts on February 5 were immediately sent via electronic transfer to a Philippine bank. The dollar accounts where the ...
Read More »Bangladesh lifts shipment ban on raw jute export
Dhaka / DPA Exports of raw jute from Bangladesh will reopen next week as the government on Monday lifted the ban on shipments four months after imposing it. The Ministry of Textiles and Jute issued a notice announcing the withdrawal of the ban to be effective from April 3. The lifting of the ban came amid pleas from raw jute ...
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