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Lower oil prices created opportunities too in GCC

  DUBAI / WAM Lower oil prices have created economic pressure in the members of the Cooperation Council for the Arab States of the Gulf (GCC) by impacting revenues while also creating opportunities, Abdulla Jassem bin Kalban, MD and CEO of Emirates Global Aluminium(EGA), said and noted that “the greatest success story is industrialisation through the GCC aluminium industry.” “Economic ...

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Mohamed reconstitutes TDIC’s board

  ABU DHABI / WAM In his capacity as Chairman of the Executive Council of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, issued a resolution reconstituting the board of the Tourism Development and Investment Company (TDIC), the emirate’s master developer of major tourism ...

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New Abu Dhabi – Dubai highway to be ready by ’17

  ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, said the 62-km-long Abu Dhabi- Dubai highway would be ready by next year. The project, being executed by Musanada in co-operation with the Department of Municipal Affairs and Transport, is one of the most important land transport initiatives in the emirate of Abu Dhabi. The road is one of ...

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