Reuters Dubai’s stock market fell on Tuesday, breaking technical support as construction firm Arabtec continued to slide, while Egypt rebounded from a drop triggered by foreign investors’ selling. Dubai’s index sank 1.2 percent to 3,560 points, confirming a break of support on the mid-February low of 3,608 points; this triggered a double top formed by the January and February …

  Dubai / WAM Combining the capabilities of the United Arab Emirates and the Kingdom of Saudi Arabia can create historic opportunities for their people and the whole region, said Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, at a joint retreat held on Saadiyat Island on Tuesday by some 150 Emirati …

  Dubai / WAM Dubai-based Emirates National Oil Company (ENOC) announced plans to build 10 new service stations in the emirate this year, as part of its 2020 expansion programme. The company has already opened its new Warsan service station, with other planned locations including Sheikh Zayed Road, Al Barsha South, Hessa Street, Sheikh Rashid Road,Bab Al Shams, Hatta, Jumeirah Village, …

  Sharjah / WAM Sheikh Salem bin Abdul Rahman Al Qasimi, Chairman of Sharjah Ruler’s Office, affirmed that Sharjah, throughout its developmental and civilisational process, has provided the best means of comfort and decent life to all segments of society in general and the aged in particular. Sheikh Salem’s statement came while chairing the first meeting of the Supreme Committee for …

  Abu Dhabi / WAM Abu Dhabi International Airport received more than 2.2 million passengers in January, representing a 2.6 percent increase in airport traffic compared with January 2016. Statistics show India as one of the most popular travel destinations, where recorded travel to and from the state grew by two percent last month compared to January 2016, while the United …

  Bombay / WAM An official delegation from the UAE is participating in OTM – India’s largest travel trade show running from Tuesday until February 23 in Bombay, India – under the umbrella of the Ministry of Economy. Members include representatives of various tourism departments and agencies in the UAE. The UAE is participating in the annual exhibition for the second …

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, continued visiting more pavilions of international and domestic companies for the third consecutive day at the International Defence Exhibition and Conference (IDEX) 2017, at Abu Dhabi’s National Exhibition Centre (ADNEC). He met several delegations, …

  Abu Dhabi / WAM Thirty one new arms deals worth over AED4 billion were announced on the third day of the International Defence Exhibition and Conference, IDEX 2017, bringing the total transactions over the three days to AED15.41 billion. Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson of IDEX 2017, announced at a daily press briefing that 19 of the deals …

  Abu Dhabi / WAM Caracal International, the Abu Dhabi-based original equipment manufacturer and small arms producer, today unveiled Sultan, a 5.56mm calibre assault rifle, named after Emirati martyr Staff Colonel Sultan Mohammed bin Huwaiden Al Ketbi. “Sultan is the company’s latest light firearm. It is a 100 percent national product. It was designed for various assault missions and is capable …

  Abu Dhabi / WAM Milrem, the Estonian defence solutions provider, has joined forces with Raytheon UK, Advanced Electronics Company and IGG Aselsan Integrated Systems to demonstrate advanced robotic warfare capability based on their fully modular hybrid unmanned ground vehicle THeMIS. Together with these prestigious partners, Milrem is exhibiting three different solutions of the world’s first fully modular hybrid unmanned ground …