News

Dailies wither in Canada with no billionaires to save them

Ottawa / Bloomberg It’s been a dismal start to the year for Canada’s newspapers, and investors see little sign of a turnaround. Postmedia Network Canada Corp., owner of many of the country’s newspapers, announced in January it was merging newsrooms in cities where it has two papers, eliminating dozens of jobs. Torstar Corp., publisher of the country’s largest circulation paper, ...

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Dubai foodstuff foreign trade hits AED68.6bn in 9 months

DUBAI / Emirates Business Dubai Customs has effectively contributed to the growth of food trade by providing quality Customs facilities for this sector, and ensuring speedy customs clearance of all its shipments, in order to cater to the food needs of the community without unnecessary delays. Figures released by Dubai Customs, in parallel with Gulfood 2016; the world’s largest annual ...

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Emirates Foundation, ADIB announce partnership

ABU DHABI / Emirates Business Emirates Foundation, an independent philanthropic organisation set up by the Abu Dhabi Government to facilitate public-private partnerships for empowering youth across the UAE, and Abu Dhabi Islamic Bank (ADIB) have partnered in support of financial literacy through Emirates Foundation’s programme, ‘Esref Sah’, which aims to educate youth on ways to manage their current and future financial ...

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RTA briefs team from UoS

Dubai / WAM A delegation from the University of Sharjah (UoS) recently visited the Roads and Transport Authority (RTA) in Dubai to review the best practices adopted in asset management starting from the stage of planning for the procurement of new assets and several other stages such as tracking, stocktaking, numbering and replacing of assets. Visitors also learnt about the ...

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Oman Crude Oil Financial Contract closes at US$29

Dubai / WAM The price of Oman Crude Oil Financial Contract, DME Oman, for April delivery, closed at US$29 a barrel at Dubai Mercantile Exchange at 12:30 p.m., Dubai time. DME Oman crude oil is a benchmark for pricing crude oil by the countries that produce it, and it gives them a differential price that reflects the quality of the ...

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DED asks clients to add Unified Number to licensing requirements

Abu Dhabi / Emirates Business The Department of Economic Development (DED) Abu Dhabi, has stressed its commitment to implementing initiatives and projects that aim to improve cooperation and coordination with its strategic partners in the government, semi-government and private sector, to improve commercial licensing procedures and develop a more attractive investment environment in the Emirate of Abu Dhabi. The DED’s ...

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DXB and DWC achieve Level 2 of accreditation

Dubai / WAM Dubai International Airport (DXB) and Dubai World Central (DWC) have become the first airports in the GCC states to achieve Level 2 accreditation from the Airports Council International’s Airport Carbon Accreditation Programme. With Level 2 achieved, DXB and DWC are now in the list of 14 Level 2 accredited airports, representing more than 10 percent of the ...

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UAE trade mission in Singapore to explore investment partnerships

Abu Dhabi / WAM A 35-member high level business mission from the UAE government has visited the Republic of Singapore to explore strategic investment partnerships and strengthen trade exchange. The mission comprised key representatives from the government, public and private sectors. Headed by Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry Affairs, the UAE ...

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UAE govt team visits Borouge’s Singapore office

Dubai / Emirates Business UAE Under-Secretary for Foreign Trade and Industry at the Ministry of Economy, Abdulla Al Saleh, and a delegation of high-level government and business representatives paid a visit to Borouge’s Singapore office, the headquarters of Borouge’s Sales and Marketing Company. Warmly welcomed by hosts Rashed Saud Al Shamsi, ADNOC Petrochemicals Director and Chairman of Borouge Pte. Ltd., ...

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GIS technology can counter agriculture uncertainty

ALKESH SHARMA / Emirates Business Amid climate uncertainties and an ecosystem where soil character changes after every 100-mile, agriculture systems need to adapt to deal with the significant shifts. Here comes the role of GIS (geographic information system) technology that is contributing to enhance farming efficiency and raising yield. It is also helping agriculturists plan the right crops. GIS is ...

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