London / AFP European and US stock markets slipped on Thursday, taking their lead from Tokyo which fell heavily as the Bank of Japan shocked traders by deciding against fresh stimulus measures. The surprise move by the BoJ came a day after the US Federal Reserve provided a positive outlook on the global economy, highlighting mixed signals from the ...

  DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Thursday issued decree No (17) of 2016 forming the Board of Directors of Meydan City Corporation. Pursuant to the decree, the new Board has been formed with Saeed Humaid Al Tayer as Chairman, ...

  SHANGHAI / WAM A delegation from Dubai Electricity and Water Authority (DEWA), headed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, has begun meetings with Chinese public and private organisations. The delegation to China is building stronger ties and developing partnerships with China’s public and private sectors. This supports the Dubai Clean Energy Strategy 2050, which gives ...

  ABU DHABI / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ...

  HANNOVER / WAM Mohammed Hilal Al Muhairi, Director- General of the Abu Dhabi Chamber of Commerce and Industry, has confirmed that the Chamber participation in the 2016 Hannover Messe International Industrial Fair in Hannover, comes as part of its strategy to promote and attract more industrial investments to the Emirate of Abu Dhabi. He said that the participation also ...

  Dubai / WAM DP World Limited handled 15.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals during the first quarter of 2016, with gross container volumes growing by 3.7% on a reported basis, and up 2.4% on a like-for-like1 basis, DP World Chairman, Sultan Ahmed Bin Sulayem, said today during a meeting the Annual General ...

  RITIKA SHARMA / Emirates Business With global Halal industry growing, UAE-based hotels are gearing up to grow their share in the segment. Halal sector was worth US$140 billion in 2014, representing around 13 percent of global travel expenditure, and this figure is expected to reach US$233 billion by the year 2020. Glenn Nobbs, General Manager, Copthorne Hotel Dubai, one ...

  SUNAINA RANA / Emirates Business Abu Dhabi-based National Central Cooling Company, Tabreed has announced an increase in its 2016 first quarter results. Tabreed has witnessed a robust growth of 4 percent and posted AED63 million in their quarterly financial results. Considering the financial performance of the company, it seems to continue its drive towards strong and effective operations across the ...

  Abu Dhabi / WAM On Thursday, Masdar employees and alumni gathered in Masdar City to mark ten years of achievement in advancing the clean energy industry in Abu Dhabi and around the world. Under the banner “Seizing the Next Decade,” participants were invited to reflect on Masdar’s significant and widespread impact to date and the promise of the next ten ...

  Sharjah / WAM HH Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree No. 31 for the year 2016 on the establishment of the Sharjah Public Finance Award. Under Article 2 of this Decree, a periodic award shall be set up in the emirate called the Sharjah Public Finance Award, which ...