Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, delivered a message on the occasion of the International Day of Tolerance in which he highlighted the values cherished by the UAE community. Following is the full text of the message: To my brothers and sisters, may peace be upon ...
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Obama on last Europe visit to reassure ‘worried’ allies
Athens / AFP US President Barack Obama flew into Athens on Tuesday on his final foreign trip to Europe, seeking to calm the nerves of allies concerned by Donald Trump’s shock presidential election victory. With Europeans worried by Trump’s downplaying of the importance of the NATO military alliance, Obama pointedly told Greek daily Kathimerini before his visit that Washington had ...
Read More »Halal tourism to register $238bn revenue by 2019
Dubai / Emirates Business Reed Travel Exhibitions, organiser of the annual Arabian Travel Market (ATM) showcase in Dubai, which will take place at the Dubai World Trade Centre from April 24-27, 2017, announced that it will host the first ATM Global Halal Tourism Summit as part of its line-up of special focus events. The one-day summit, scheduled to take ...
Read More »Waiwera campaign to show love, loyalty towards UAE
Sharjah / Emirates Business As part of the National Day Celebrations, to show their love and loyalty for the UAE, Waiwera Artesian Water, the world’s leading mineral water brand has launched a campaign under, the slogan “Express Your Love for UAE.†The initiative was launched in the presence of HH Sheikh Saqr bin Mohammad Al Qasimi, President of Sharjah ...
Read More »Russian aircraft carrier jets launch first Syria strikes
Moscow/AFP Russian Defence Minister Sergei Shoigu said on Tuesday that jets from the Admiral Kuznetsov aircraft carrier deployed in the eastern Mediterranean had launched their first strikes on Syria. “For the first time in our naval history, the aircraft carrier Admiral Kuznetsov started taking part in combat,” Shoigu said at a meeting with President Vladimir Putin in the Black ...
Read More »Cash crunch halts goods after India pulls bills
Bloomberg The crisis sparked by the shortage of cash in India following Prime Minister Narendra Modi’s anti-graft measure to ban high-value currency bills has hit the movement of goods in Asia’s third-largest economy. More than half of an estimated 9.3 million trucks under the All India Motor Transport Congress have been affected as drivers abandon vehicles mid-way into their ...
Read More »Korea Line wins bid to purchase Hanjin Shipping assets
Bloomberg A South Korean shipping company that filed for bankruptcy protection five years ago emerged as the surprise winning bidder for some assets of the collapsed Hanjin Shipping Co., pipping a bigger rival that is undergoing a creditor-led debt revamp. Korea Line Corp., the nation’s second-largest bulk carrier, beat Hyundai Merchant Marine Co. to be the preferred bidder for ...
Read More »VW reaches deal to fix most tainted Audi diesels
Bloomberg Volkswagen AG has reached an agreement with U.S. environmental regulators to fix or buy back around 80,000 Audi, VW and Porsche vehicles with tainted 3-liter diesel engines, nearing a resolution on a key aspect of the emissions-cheating scandal, people familiar with the discussions said. Under an accord with the Environmental Protection Agency and California’s Air Resources Board, Volkswagen ...
Read More »US delays Dakota pipeline as Trump promises quicker reviews
Bloomberg The Obama administration has yet again delayed a decision on the controversial Dakota Access crude pipeline, even as President-elect Donald Trump vows to speed up reviews of such projects. The US Army Corps of Engineers said that it’ll hold more talks with a Native American tribe potentially affected by the pipeline before deciding on a permit that’s key ...
Read More »UAE seeks to attract over $70bn in industrial investments by 2025
Abu Dhabi /Â WAM The UAE seeks to attract more than US$70 billion in industrial investments by 2025 in response to directives from Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, a senior government official said on Monday. This will help increase the share of the industrial sector in the country’s ...
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