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FAO official hails UAE’s food security model

ABU DHABI / WAM Mehdi Al Idrissi, the FAO Representative in the UAE and Sub-regional Coordinator for the GCC and Yemen, has commended the role of the UAE in promoting food security locally, regionally and globally. He praised the country’s efforts in strengthening the role of the United Nations and international organisations in general and FAO in particular. Idrissi told ...

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Dubai Taxi revenue reaches AED1.4bn

ABU DHABI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has revealed that total operating revenues of the Dubai Taxi Corporation (DTC) at the RTA reached AED 1.481 billion in 2015 compared with AED 1.311 billion reported in 2014. The total profits posted by the DTC last ...

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China eases fiscal stance to meet 7% growth target

Bloomberg China unveiled a record fiscal deficit and pledged to accelerate the restructuring of its bloated state- owned industries while still setting a weaker growth target for this year. Premier Li Keqiang announced a 6.5 percent to 7 percent expansion goal on Saturday, down from an objective of about 7 percent last year and the first range the government has ...

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