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Over 15mn passengers pass through Dubai in Q1

DUBAI / WAM A total of 15,350,000 travellers passed through points of entry and exit in Dubai in the first quarter of 2019, according to the General Directorate of Residency and Foreigners Affair (GDRFA), Dubai. Major-General Mohammad Ahmad Al Merri, Director-General of the GDRFA, stated that 13,598,749 passengers travelled by air, 1,371,251 on land and 380,000 by sea. Some 1,940,660 ...

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RTA completes 75 smart city, artificial intelligence projects

Dubai / WAM The Roads and Transport Authority (RTA), announced the completion of 75 projects as part of the Smart City and Artificial Intelligence Programme. Projects completed relate to the smart organisation, infrastructure, smart vehicles, data management, artificial intelligence and smart and sustainable transport. “RTA supports the transformation of Dubai into a smart city to provide happiness and luxurious living ...

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ADX takes part in Arab Federation of Exchanges meet

Cairo / WAM Heads and representatives of stock exchanges, including the Abu Dhabi Securities Exchange (ADX), Arab depository and clearing companies, as well as representatives of a group of brokerage firms and financial experts, attended a series of meetings of the Arab Federation of Exchanges (AFE), in Cairo, Egypt. Khalifa Salem Al Mansouri, Acting Chief Executive of the ADX along ...

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UAE, Belarus to strengthen trade, investment relations

BEIJING / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met President of Belarus Alexander Lukashenko on the sidelines of the second Belt and Road Forum for International Cooperation, which concludes on Saturday in the Chinese capital Beijing. During the meeting, Sheikh Mohammed and Lukashenko discussed bilateral ...

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Abdullah bin Zayed participates in Quad meeting on Yemen

LONDON / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Jeremy Hunt, Foreign Secretary of the United Kingdom, Adel Al Jubeir Minister of State for Foreign Affairs of the Kingdom of Saudi Arabia, and David Satterfield, United States acting assistant secretary of state for Near Eastern Affairs, met on Saturday in London ...

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Dubai SME provides $234m contracts to GPP members

Dubai / WAM The total value of contracts provided by Dubai SME – the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises, SME, sector — for Government Procurement Programme (GPP), members amounted to AED860 million ($234 million) in 2018. The value was AED1.5 billion in 2017, 44.5% higher than the AED857.76 million ...

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Sony chief gives cautious outlook

Bloomberg Sony Corp said its operating profit will likely fall this year and pulled its financial forecasts for most divisions because of substantial uncertainty in their operations. Operating profit will be 810 billion yen ($7.3 billion) in the year ending in March 2020, down from last year’s 894 billion yen and below the 843 billion yen average of analyst estimates ...

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Tata Steel extinguishes fires at its Wales mill

Bloomberg Tata Steel Ltd said it has extinguished all fires at its plant in Port Talbot after reporting an incident at the mill in South Wales. The company said emergency services were assisting its workers and two employees were slightly injured when there was a spillage of liquid iron while it was travelling to the steel plant, according to posts ...

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