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Dubai Customs, SARF sign pact

  DUBAI / WAM Dubai Customs and the UAE Sailing and Rowing Federation, UAE SARF, sealed a partnership deal setting Dubai Customs as Host Sponsor of the much-anticipated Silver Anniversary Dubai to Muscat Yacht Race, 2016. The agreement was signed by Sheikh Khaled Zayed Saqr Al Nahyan, Chairman of the Federation, and Ahmed Obaid Al Falasi, Executive Director of HR, ...

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Emirates, IBM sign $300mn IT deal

  ABU DHABI / Reuters IBM on Tuesday signed a $300 million, ten-year technology services agreement with Dubai’s Emirates Airline. IBM will provide information technology services, allowing the airline to improve efficiency on its passenger support systems and functions, a statement from IBM said. Under the managed services agreement, this will include assistance in encrypting the airline’s data in near ...

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DP World wins 50-yr concession to develop Ecuador’s Posorja port

DUBAI / Reuters Dubai’s DP World won a 50-year concession to develop Posorja port project in Ecuador that will require initial investment of $500 million, the ports operator said in a bourse statement on Tuesday. The initial investment “will include the purchase of land, dredging of a new access channel, a 20 km access road and a 400 metre berth ...

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