DUBAI / WAM In accordance with the approval of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, Dubai Municipality (DM) announced that it awarded the Dubai Conference Centre (Arena) project at a cost of AED 1.8 billion. The announcement was made during a press conference ...
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UK to launch phase 2 of electronic visa waiver scheme
ABU DHABI / WAM The UAE Ministry of Foreign Affairs and International Cooperation has received a note from the British Embassy about launching the UK’s upgraded electronic visa waiver scheme (EVW2) by the end of May 2016, to make travel to the UK even easier for Emirati passport holders. Undersecretary for Consular Affairs at the ministry, Ahmed Elham Al Dhaheri, ...
Read More »UAE a thriving hub for entrepreneurs
Dubai / Emirates Business The United Arab Emirates (UAE) continues to serve as a hub for business innovation with a new study showing that the number of LinkedIn members noting entrepreneurship as their core job function nearly doubled in the past year. Moreover, the UAE is gaining the highest percentage of LinkedIn members identifying entrepreneurship as their job function ...
Read More »Injazat receives certification for Cloud and Hosting Services
Abu Dhabi / Emirates Business Injazat Data Systems, an industry recognized market leader for Information Technology Outsourcing, Data Center and Managed Services, on Sunday announced that it has become an SAP Certified Provider and Partner for both Cloud and Hosting Services. These two SAP certifications will enable further fostering of advanced and disruptive technologies, such as Internet of Things ...
Read More »Etisalat opens kiosk at Abu Dhabi Airport
Abu Dhabi / Emirates Business Etisalat, one of the Middle East’s leading telecommunications operators, has opened a 24/7 kiosk in the Arrivals Hall at Abu Dhabi International Airport (AUH). Passengers landing in the UAE’s capital will be able to buy a local Etisalat SIM card from the kiosk, which will also offer a range of pre-paid and post-paid products, ...
Read More »MNCs craft CSR initiatives to address unemployment
Ritika Sharma / Emirates Business As the youth unemployment rate reaches nearly27 percent in the Middle East region, leading Multi-National Companies (MNCs) take on the responsibility to find a full-bodied panacea to this recurring problem. Working in this direction, MNCs, which are active in this region, are very strategically channeling their Corporate Social Responsibility (CSR) activities towards enhancing the ...
Read More »India pays part of Iran oil dues
NEW DELHI / Reuters Indian refiners have cleared part of the $6.4 billion owed to Iran for crude oil imports in euros through Turkey’s Halkbank, three sources privy to the payment said. This is the first payment to Iran by India since the lifting of Western sanctions against the Persian Gulf nation earlier this year and comes just ahead ...
Read More »Apple chief maps his vision for India
New Delhi / Bloomberg Apple Inc.’s Tim Cook outlined his vision for his company in India in a meeting with Prime Minister Narendra Modi on Saturday where they also discussed cybersecurity and data encryption. “Cook shared Apple Inc.’s future plans for India,†according to a statement from the Indian government. “He spoke of the possibilities of manufacturing and retailing ...
Read More »â€˜China needs infra investment to grow’
ZHENGZHOU / AP Increasing infrastructure investment is the best way to boost economic growth in China and doing so doesn’t undermine efforts to overhaul the economy, according to former central bank adviser Yu Yongding. “If China does not increase infrastructure investment now, it may miss a historical opportunity,” Yu said at an economics conference in Beijing. “In order to ...
Read More »S Koreans shun smartphones
Seoul / AFP Dozens of people in one of the world’s most wired nations took part on Sunday in South Korea’s “space-out” competition aimed at promoting a life free from stress and information overload. About 60 contestants spent 90 minutes sitting in a public park in Seoul without talking, sleeping, eating, or using any electronic devices during the event ...
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