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Yas Waterworld named ‘Theme & Water Park of the Year’

  Abu Dhabi / Emirates Business Yas Waterworld, the world’s only Emirati-themed waterpark has been recognized for its commitment to excellence in all areas of operation. Adding to its already impressive list of accolades, Yas Waterworld won awards bestowed by independent awarding bodies on a global and national level, including the Mother, Baby & Child Awards 2016 and TripAdvisor. The ...

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De Beers to flood its subarctic diamond mine

  Bloomberg Anglo American Plc’s De Beers will flood a massive diamond mine located beneath a subarctic lake in Canada’s Northwest Territories after failing to find a buyer. De Beers will begin inundating tunnels at its Snap Lake mine in early January, it said in a statement distributed recently. In April, it put the site on care and maintenance, saying ...

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World’s largest iron-ore project hailed as Brazil recovery sign

  Bloomberg Vale SA is betting on the world’s biggest iron-ore project as a way to become more competitive with its largest rivals. For Brazil, the $14 billion S11D mine is a rare bright spot amid the country’s longest recession on record. “This is a confident affirmation that yes, Brazil will return to growth,” Minister of Mines & Energy Fernando ...

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Buses enter rebel Aleppo to resume evacuations

  Aleppo / AFP Buses began entering the last rebel-held parts of Aleppo on Sunday to resume the evacuation of thousands of increasingly desperate Syrian civilians and rebels trapped in the besieged enclave. As international alarm grew over the plight of the residents including women, children, the sick and wounded, the UN Security Council was to vote on whether to send ...

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US ready to work with Duterte after latest outburst

  MANILA / AP The United States said on Sunday that it would work with the Philippine president to address any concerns after he threatened to terminate a pact that allows US troops to visit the Philippines. President Rodrigo Duterte was enraged after a US government aid agency deferred a vote on a renewal of a major development assistance package ...

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Export ban threatens copper supply from Indonesian mine

  Bloomberg Exports from the world’s second-largest copper mine in Indonesia are under threat as a government ban on overseas concentrate shipments is scheduled to come into force from the middle of January. While ministers are rushing to revise the regulations so miners that have committed to build smelters can continue to export ore concentrates, an intermediate product used to ...

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Japan hospitals look to broaden their patient base

  Bloomberg For more than a century, Aizawa Hospital provided medical care to the people of Japan’s mountainous prefecture of Nagano. Last year, it looked to broaden its patient base, opening a clinic in Beijing in March, and has been approached by hospitals in other cities to open more. “In the age of globalization, we want to go wherever we ...

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UAE provided AED32.34bn in foreign aid in 2015

  Abu Dhabi / WAM The UAE provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation. In its report titled ‘UAE’s Foreign Aid in 2015’, issued on Saturday, the ministry said that the provision of foreign aid in terms of humanitarian and development support to various friendly countries, is in ...

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Dubai to manufacture region’s first nanometric satellite

  Dubai / WAM “The forward-looking vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has taken our mission to shape the future to the outer space,” asserted HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Board of Trustees of ...

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Shurooq, SEDD to promote Sharjah as investment-friendly destination

  Sharjah / WAM The Sharjah FDI Office (Invest in Sharjah), the promotional arm of the Sharjah Investment and Development Authority (Shurooq) joined forces with Sharjah Economic Development Department (SEDD), to promote Sharjah as an unmatched investment-friendly destination locally and internationally. The move emphasises the ongoing efforts by Invest in Sharjah to strengthen integration and collaboration with local government bodies in ...

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