News

  Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) confirmed the new date for the launch attempt of the Emirates Lunar Mission. The inaugural launch of the Rashid Rover is now scheduled to take place on December 11, at 11:38 Gulf Standard Time (GST), or 02:38 Eastern US Time. The initial launch attempt was postponed, allowing SpaceX to ...

Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has said that the UAE’s non-oil foreign trade grew by 19 percent by the end of the third quarter of 2022 to reach AED1.637 trillion compared to the same period last year. He also pointed out that the country’s total non-oil foreign trade during ...

Dubai / WAM DP World Logistics opened a new 6,000 square metre high-end warehouse at container freight station 2 (CFS 2), offering new storage solutions for customers at the Jebel Ali Free Zone (Jafza). The company’s CFS 2 warehouse offers a total of 12,500 pallet positions using very narrow aisle (VNA) racking systems, storing cargo up to 18 metres high. ...

  Cairo / WAM Abdul Rahman Abdul Shakour, Special Envoy of the Somali President for Humanitarian Affairs and Drought, praised the support provided by the UAE under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to those affected by the drought in Somalia. He commended the UAE’s continuous provision of supplies to various Somali states, including ...

  Abu Dhabi / WAM The central bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, and Article 137 of the Decretal Federal Law No. ...

  Dubai / Gulf Time Customers based in the UAE can now enjoy fast delivery on their shopping from the UK with Emirates Delivers. Emirates Delivers, the e-commerce platform of Emirates SkyCargo, enables customers to shop from multiple online retailers in the UK, consolidate their purchases, and have the goods delivered directly to their door. Thousands of UAE-based shoppers have ...

  Abu Dhabi / WAM Etihad Airways has won the “Environmental Sustainability Innovation of the Year” award at CAPA’s annual Environmental Sustainability Awards for Excellence in Singapore, as well as the“Best Airline for Sustainability 2022” award by Business Traveler USA. Etihad’s sustainability initiatives focus on creating operational efficiencies, as the airline quickly went on to unite industry leaders and build ...

  Bloomberg Before October, Qiang had about 30 workers in his garment factory in Guangzhou’s Haizhu, a district often dubbed the apparel manufacturing capital of China. After more than a month of Covid lockdowns, all of them have fled, bringing production to a halt. “Those who went home are watching to see when to come back,” said Qiang, declining to ...

  Bloomberg India’s trade ministry is discussing a reduction in import taxes on gold to rein in illegal shipments, according to people familiar with the matter. The world’s second-largest consumer of the precious metal, almost all of which is purchased from abroad, has asked the Finance Ministry to consider reducing the tariff to about 10% from 12.5%, two of the ...

Bloomberg Space development can reshape the world economic order, a South Korean official said, as Seoul works to expand its prowess among a small group of countries capable of developing and launching their own space vehicles. Titanium, platinum and rare-earth materials are among commodities South Korea should be able to independently excavate in space missions given their importance for future ...