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Etisalat teams up with Indra to boost digital solutions portfolio

ABU DHABI / WAM Etisalat announced its partnership with Indra to enhance and widen its digital solutions portfolio in multiple sectors, allowing both parties to share best practices and training, industry expertise, explore business opportunities, and strengthen their position in the markets they operate. Indra, offers a comprehensive range of proprietary solutions and specialises in the development of end-to-end technology ...

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Abu Dhabi hospitality sector sees 5% rise in Q1 occupancy

ABU DHABI / Emirates Business The hospitality market in Abu Dhabi registered a 5% increase in occupancy levels in the first quarter of 2018, according to JLL’s Q1 2018 Real Estate Market Overview Report. According to the Abu Dhabi Tourism & Culture Authority, the number of guests staying at hotels in the emirate earlier this year rose by 15% (compared ...

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DBWC membership in Q1 sees 15.7% growth

Dubai / WAM The Dubai Business Women Council (DBWC), has disclosed that its total membership has increased by 15.7 percent during the Q1 of 2018. The increase in membership brings the total number of DBWC members up to 684, which reflects the council’s important role in supporting business women and enhancing their competitiveness in the country’s labour market. The DBWC ...

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Cityscape Abu Dhabi kicks off

ABU DHABI / WAM | Emirates Business Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, on Tuesday launched the 12th Cityscape Abu Dhabi 2018 exhibition, which is ...

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Dubai leads the world in quality of roads: RTA chief

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), in Dubai, stated that Dubai’s relentless efforts to keep pace with the future needs are marked by accelerating improvements of roads and transport means in the emirate. He announced plans for protecting the environment, raising traffic safety level, ...

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UAE-Romania joint committee holds its first meet in Bucharest

BUCHAREST / WAM The UAE-Romania Joint Committee on Tuesday held its first ministerial meeting in the Romanian capital, Bucharest. The meeting was chaired by Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, and by Teodor Melescanu, Minister of Foreign Affairs of Romania. The meeting featured the presence of several high officials from the Government of Romania including Danut ...

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US stocks rise amid earnings

Bloomberg US stocks rose amid better-than-expected earnings from several industry heavyweights, adding to evidence that the strengthening economy is lifting corporate profits. The S&P 500 Index pushed through its average price for the past 50 days, a level it hasn’t breached in a month. Netflix Inc. surged after subscriber growth topped estimates. Johnson & Johnson and UnitedHealth Group Inc. climbed ...

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Saudi stocks continue to rise, telcos boost Egypt

Reuters Saudi Arabia’s stock market continued a strong uptrend on Tuesday on the back of petrochemical and banking stocks, while rising telecoms shares boosted Egypt. The Saudi index closed 0.6 percent up at 8,096 points, having finished above 8,000 points on April 16 for the first time since August 2015. Petrochemicals giant Saudi Basic Industries rose 1.9 percent before going ...

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Sharjah Ruler to witness launch of SCRF 2018

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, will witness the launch of the 10th edition of Sharjah Children’s Reading Festival (SCRF 2018), on Wednesday. Held under the patronage of His Highness the Ruler of Sharjah, and his wife Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme ...

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Jafza’s automotive, spare parts sector trade valued at AED39.5bn in 2017

Dubai / Emirates Business The automotive and spare parts companies operating in DP World’s flagship Jebel Ali Free Zone (Jafza) recorded business worth AED 39.5 billion in 2017. DP World, UAE region held a forum for automotive companies to celebrate the close ties with the industry and to highlight the sector’s position as a cornerstone of business growth in Jafza. ...

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