Abu Dhabi / Emirates Business Al Masaood Automobiles the exclusive distributor of Renault in Abu Dhabi and Al Ain, unveiled the all-new Talisman sedan, which offers a unique driving experience and travelling comfort, at an exclusive VIP event by handing over its first Talisamn to Brigadier Ali Saeed Saleh Al Noaimi in Abu Dhabi. “The Talisman delivers an immersive …

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum commended the critical role of the State Security Apparatus in enhancing security and safety of the community and preserving its gains. A safe and secure environment is one of the key pillars of development, Sheikh Mohammed stressed on Wednesday, while …

  Dubai / Emirates Business The Innovation Unit at Dubai Airport Freezone Authority (DAFZA) commenced the Double Up 3M business accelerator program custom-designed to identify and remove barriers faced by the Freezone’s clients. The goal of the initiative is to create a tailor-made acceleration plan for each ‘M’ – Mission, Market and Money – of the participating enterprises as well …

  Abu Dhabi / WAM Abu Dhabi International Airport (AUH) welcomed 2.3 million passengers in August 2016, marking an increase of 2.3 percent compared to the same period last year. Since the beginning of the year, passenger traffic has grown 6.2 percent from the same period last year, with 16,422,763 passengers between January 1 and August 31, according to Abu Dhabi …

  Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, on Wednesday announced 18 new buildings available for lease in one of its most vibrant communities in DUBAILAND – Remraam. The construction progress of the 18 new buildings, which contain 1441 units, has reached 90% and is moving forward in line with …

  Abu Dhabi / Emirates Business The International Halal Accreditation Forum (IHAF), the world’s first Halal international accreditation network, will hold a general assembly meeting in the UAE on November 6. This will be the first time IHAF will be conducting a general assembly meeting with the aim of bringing its founding members together to discuss the internal system of …

  ALGIERS / Reuters OPEC might still agree an oil output-limiting deal later this year as the economic problems of its de-facto leader Saudi Arabia force Riyadh to cede more ground to arch-rival Iran. Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce “at maximum levels that make sense” as part of …

  Doha / Emirates Business In the lead-up to the soft opening of Mall of Qatar, it has been revealed that the multi-billion QAR project—designed to serve as the region’s ultimate shopping, entertainment and dining destination—will generate about 8,000 new jobs nationwide. This impressive figure indicates that Mall of Qatar is set to play a pivotal role in the country’s …

  Bloomberg Nigeria’s possible sale of some of its oil and gas assets to raise money and boost the contracting economy in Africa’s most populous country could reduce the government’s influence over its biggest industry. President Muhammadu Buhari’s economic advisers are working on a plan “to generate immediate large injection of funds into the economy through asset sales, advance payment …

  Bloomberg Libya, struggling to revive its energy industry after five years of armed conflict, restarted production at an eastern oil field and was poised to export crude from the port of Zueitina for the first time since November. Germany’s Wintershall AG began pumping at Concession 96 in the As Sarah field on Sept. 16 and is producing 35,000 barrels …