News

Abu Dhabi / EMIRATES BUSINESS Al Bateen Executive Airport, the only exclusive business aviation airport in the Middle East and North Africa (MENA) region, has announced 9% year-on-year growth in passenger traffic figures in 2015, surpassing its previous performance in 2014. Arriving passenger traffic stayed above 7,600 passengers in each of the final four months of 2015, with November clocking ...

Dubai / EMIRATES BUSINESS Autodesk, Inc. and Siemens announced an interoperability agreement aimed at helping manufacturers decrease the costs associated with incompatibility among product development software applications and avoid potential data integrity problems. Through this agreement, Autodesk and Siemens’ product lifecycle management (PLM) software businesses will take steps to significantly improve the interoperability between their companies’ respective software offerings. This ...

Sunaina Rana / EMIRATES BUSINESS Dubai resident Sabah Mukri made UAE motorsport history by becoming the first female rider to compete in the UAE Sportbike Championship at Dubai Autodrome. The 32-year-old won a million hearts and minds in the racing community not just for her significant achievement but also the infectious enthusiasm she spread throughout the event. Talking Emirates Business ...

Dubai / Emirates Business Dubai Tourism has commissioned ‘Destination Innovation: Where Next?’ — a dynamic multimedia hub featuring quarterly content to support multinational companies on the opportunities and challenges of running a global business. The hub, launched by The Economist Intelligence Unit (EIU) and supported by Dubai Chamber, is part of a move to further enhance the sharing of best ...

Sunaina Rana / emirates business IFFA 2016 — the leading international trade fair organised by Messe Frankfurt and Texcare International in Dubai — expects a solid representation from Middle East trade buyers and decision makers. The event will focus on the meat processing and textile industries. IFFA is a premier platform for the entities of the meat sector to share ...

Sharjah / Emirates Business The Sharjah Investment and Development Authority (Shurooq), is set to offer its employment opportunities to all students at the Sharjah Higher Colleges of Technology’s (SHCT) Career Fair taking place on March 2. The annual SHCT Career Fair is organized by SHCT to provide its students and graduates with the opportunity to meet HR managers from leading ...

Dubai / Emirates Business The latest Middle East Job Index Survey, conducted by the Middle East’s leading job site, Bayt.com, and research and consulting firm, YouGov, has revealed that six out of every 10 working respondents in the UAE expect their employers to be hiring in the next three months; four in 10 saying they will be definitely hiring. The ...

Taipei / Bloomberg Taiwan’s Foxconn Technology Group and Sharp Corp. worked through the weekend to salvage their proposed $6 billion deal with one potential outcome being a revision to terms the Japanese’s board approved just last week, according to people familiar with the matter. Bankers and lawyers are going through a list of Sharp liabilities that could exceed 300 billion ...

Singapore / DPA The Singapore Exchange (SGX) is in talks to buy The Baltic Exchange, a move that could bolster its derivatives business and strengthen Singapore as a maritime hub. The bourse said that it has submitted a non-binding bid, adding that discussions are still preliminary. The Baltic Exchange, headquartered in London, is the world’s source of maritime market information. ...

Beijing / Bloomberg Discussions are under way to grant the world’s largest developing economy membership to the Paris Club, a group of creditors that specializes in loans to governments. China, along with Brazil and South Korea, are being considered for entry into the lending club, according to ministers and officials from the Group of 20 economies who were in Shanghai ...