ABU DHABI / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, has hailed the remarkable achievements of Emirati women and their efficient contributions to the advancement of the country’s cultural development. On the occasion of the Emirati Women’s Day, Sheikh Hazza said, “During the Year of Zayed, we hail with pride the historic ...
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Abu Dhabi hotel occupancy hits 81% during Eid
ABU DHABI / WAM The Department of Culture and Tourism — DCT Abu Dhabi said hotel occupancy rates in Abu Dhabi during Eid al-Adha averaged 81 percent from August 21 to 24. This represented an impressive 6 percent increase compared to the average occupancy figure of 75 percent during the same period last year. It also underlines the emirate’s strong ...
Read More »Emirates adds fourth daily flight to Riyadh
DUBAI / WAM Emirates has announced that it will boost its services to Riyadh with the addition of a fourth daily flight to the Saudi capital from September 1. The addition of the fourth daily service will take the total number of weekly Emirates flights serving Riyadh to 28. Adil Al Ghaith, Senior Vice President Commercial Operations, Gulf, Middle East ...
Read More »Abu Dhabi wins award at Beijing book fair 2018
ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) won ‘Best Pavilion Award’ at 2018 Beijing International Book Fair (BIBF), one of the largest international book fairs in the world. DCT Abu Dhabi participation in the ev-ent is part of the roadshow launched to promote Abu Dhabi International Book Fair (ADIBF). Organised annually ...
Read More »US, Mexico reach new deal to revamp Nafta
Bloomberg Donald Trump has signed off on a bilateral agreement with Mexico to revamp the North American Free Trade Agreement, according to three people familiar with the matter. “A big deal looking good with Mexico!†Trump tweeted earlier on Monday. There is no deal reached yet with Canada, the people said, which has been on the sidelines of the talks ...
Read More »UAE gets IAU membership
SHARJAH / WAM HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday, announced that the UAE has been an active member of the second category of the International Astronomical Union (IAU) represented by the Sharjah Centre for Space and Astronomy at the University of Sharjah. The membership was presented at General Assembly ...
Read More »Saudi grants 40-year concession to state oil company Aramco
Bloomberg Saudi Arabia has granted its state-owned oil company a 40-year concession to exploit the kingdom’s hydrocarbon reserves as part of Aramco’s preparation for a potential initial public offering, a person familiar with the matter said. The pact replaces norms dating in some cases from 1933, when the kingdom first agreed to let companies drill for oil there, the person ...
Read More »Oil holds above $68 as US rigs drop most since 2016
Bloomberg Oil held above $68 a barrel on slowing American drilling and investor optimism after a breakthrough in a trade standoff between the US and Mexico. Futures in New York were little changed, following a 1.3 percent gain. Working oil rigs in the US declined by the most since May 2016 last week, according to Baker Hughes data. Crude has ...
Read More »Bayt.com launches AI tool for job search
Dubai / Emirates Business Bayt.com launched a series of technological features and enhancements set to revolutionize job hunting and the recruitment process for the Middle East and North Africa (Mena) region. The new Artificial Intelligence powered features are designed to match talent with opportunity in a much more powerful and efficient manner. The first of these new features is the ...
Read More »Dubai Creek Harbour to hand over first homes in first quarter of 2019
Dubai / Emirates Business Dubai Creek Harbour, the six square kilometre mega-development nearly twice the size of Downtown Dubai, will welcome its first residents early next year. A vibrant new community will take shape in a trend-setting Riviera-style neighbourhood as the first residences in Creek Island Dubai, the premier district in Dubai Creek Harbour, are being readied for hand-over. The ...
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