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RTA approves Hatta Gate project

  Dubai / WAM The Board of Executive Directors of the Roads and Transport Authority (RTA), chaired by Director-General and Chairman of the Board of Executive Directors of RTA Mattar Al Tayer, approved the awarding of the Hatta Gate Construction Contract. This is a part of the Hatta Development Master Plan announced by Vice President and Prime Minister of the UAE ...

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‘Food diversity a strategic priority in UAE and world’

  Dubai / Emirates Business HE Dr Thani Al Zeyoudi, the UAE Minister of Climate Change and Environment, recently visited an organic vegetables and fruits farm in Al Foah City, Al Ain, which is owned by Elite Agro, one of the largest organic food producers and distributers in the UAE. The visit came as part of the mission of the ...

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Etihad, Uniway partner to boost Chinese Tourism in Morocco

  Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, announced the ‘1,000 Chinese Visitors to Morocco’ campaign with Beijing Yougo World International Travel Service Co. Ltd. (Uniway), the largest Chinese tour operator specialising in outbound tourism to the Middle East and Africa. The award-winning airline is also joining hands with the Moroccan National ...

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UN demands end to Israeli settlements

  United Nations / AFP The UN Security Council demanded that Israel halt settlements in Palestinian territory, after the United States refrained from vetoing a resolution condemning its closest Middle East ally. In a rare and momentous step, the United States instead abstained, enabling the adoption of the first UN resolution since 1979 to condemn Israel over its settlement policy. ...

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Teva to pay $519mn in US probe over foreign bribes

  Bloomberg Teva Pharmaceutical Industries Ltd. agreed to pay $519 million to US authorities after admitting to paying bribes in Russia, Ukraine and Mexico to boost sales. Teva, the world’s biggest maker of generic medicines, admitted to making corrupt payments to public officials and doctors, including an unidentified high-ranking Russian government official, according to a statement on Thursday by the ...

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UK posts worst trade performance in 3 years

  Bloomberg The UK current-account deficit widened in the third quarter as Britain posted its worst trade performance in almost three years. The difference between money coming into the UK and money sent out was 25.5 billion pounds ($31.3 billion), the Office for National Statistics said. That’s equal to 5.2 percent of gross domestic product. The trade deficit widened to ...

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China slaps GM with $29mn fine for antitrust violations

  Bloomberg China slapped a $29 million fine on General Motors Co. for antitrust violations, a sign of the growing tensions between the US and the Asian nation. The largest US automaker is accused of setting minimum prices on some models in its SAIC General Motors joint venture. The Shanghai Municipal Development & Reform Commission, which imposed the 201 million ...

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Myanmar farmers reap rewards from 3D printing

  AFP Whizzing across a blue-lit platform with a whirr and a squeak, liquid plastic emanating from its chrome tip, the 3D printer seems a far cry from the muddy, crop-filled fields that fringe Yangon. But in an industrial park south of Myanmar’s commercial hub, the advanced technology is now being used to design bespoke parts that are changing the ...

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Dubai-based Drydocks World recognised at Lloyd’s List Awards

  Dubai / WAM Dubai-based Drydocks World, an international service provider to the shipping, offshore, oil, gas, and energy sectors, won the Offshore and Energy category at the Lloyd’s List Middle East and Indian Subcontinent Awards, presented in a ceremony at the Palazzo Versace Hotel in Dubai. The Lloyd’s List Awards reward innovative ideas and concepts that have pushed the boundaries ...

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‘AUS to become leading research university in Arab world’

  Sharjah / WAM American University of Sharjah (AUS) graduates have an excellent reputation among employers in the region and beyond, which testifies to the university’s excellence and strength, said HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and President of American University of Sharjah (AUS) at the AUS Fall 2016 graduation ceremony held ...

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