FUJAIRAH / WAM The Port of Fujairah, one of the world’s key oil storage centres and the second largest ship refuelling centre in the world, is considering several options to invest some AED750 million over the next two years to upgrade its oil handing infrastructure. This announcement was made by Khalil Ibrahim, Chief Financial Officer of the Port of Fujairah, ...

ABU DHABI / WAM An AED254.4-million infrastructure project has been completed in the Al Shawamekh area, Abu Dhabi. Musanada, the Abu Dhabi General Services Company delivered sectors 7 & 12 of the roads and infrastructure project in the area, which included constructing internal roads and building infrastructure for residential plots spanning 2.2 million square metres. In a statement on Sunday, ...

Sharjah / Emirates Business Sheikh Sultan bin Ahmed Al Qasimi, Chairman of the Sharjah Media Council (SMC), has said that Sharjah organises the International Government Communication Forum (IGCF) to underscore the benefits of well-strategised, clear and effective interactions between governments, public and media. He noted that in the past nine years since the forum’s inception, IGCF has contributed to the ...

Dubai / Emirates Business Etisalat Digital and Alef Education, a global K-12 education technology company, signed a Memorandum of Understanding (MoU) that will enable both entities to collaborate on a series of digital initiatives to empower the region’s education sector. The announcement was made during Global Education Supplies and Solutions (GESS) Exhibition in Dubai, a leading education exhibition in the ...

DUBAI / WAM The gold and jewellery market, which is among the pillars of Dubai’s reputation as a global retail hub and shopping destination, continues to enjoy consumer confidence and remain a leading economic activity in the emirate. Efforts by the Commercial Compliance and Consumer Protection, CCCP, sector at Dubai Economy to improve awareness over consumer rights, while also strengthening ...

ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation is continuing its relief efforts in Madagascar, by distributing food aid to areas and villages affected by floods. The foundation’s relief team distributed urgently needed food to thousands of families in Marovoay and Berivotra, benefitting some 32,000 families with some 160,000 individual members. The donation from the UAE is ...

RAS AL KHAIMAH / WAM The Ras Al Khaimah International Corporate Centre (RAKICC), will explore new business opportunities and structures, and highlight the opportunities available in the emirate during a two-day road show to Cyprus next week. In an announcement, the RAKICC said that companies will be encouraged to move their domiciles to the Centre. The mission will hold seminars ...

Dubai / WAM Dubai Future Accelerators (DFA), an initiative of Dubai Future Foundation (DFF), launched the 7th cohort of its programme that seeks to position Dubai as a hub for innovation, emerging technologies and an ideal destination for start-ups and entrepreneurs with bold solutions to future challenges. Based on the requirements provided by the participating entities – Dubai Police, Dubai ...

Bloomberg Residential rents in Singapore rose to a three-year high in 2019, with prices boosted by strong overseas demand that signals the city-state’s continuing appeal among expatriates. Rents climbed 1.4% last year, according to real estate agency OrangeTee & Tie Pte, using data from the Urban Redevelopment Authority. The number of leases signed reached a decade-high 93,920 units last year, ...

Bloomberg Registrations of new Tesla Inc cars in China plunged 46% in January from a month earlier as the Lunar New Year holiday and an emerging coronavirus outbreak kept vehicle buyers away. In January, 3,563 Teslas were registered in China, down from 6,643 in December, according to state-backed China Automotive Information Net, which gathers industry data based on insurance purchases. ...