Dubai / WAM Germany, Europe’s largest economy and one of the world’s leading supporters of renewable energy, on Wednesday sealed its €50 million (AED226 million), investment in the next World Expo by signing an official participation contract for Expo 2020 Dubai. Dietmar Schmitz, Commissioner General of the German Pavilion, and Najeeb Mohammed Al-Ali, Executive Director at the Dubai Expo 2020 ...

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, received a telephone call from US President Donald Trump, during which they discussed the distinguished relations of friendship and cooperation between the two countries and means of strengthening them in various fields, so as ...

Abu Dhabi / WAM His Highness Sheikh Suroor bin Mohammed Al Nahyan visited the Barakah Nuclear Power Plant in Al Dhafra Region on Wednesday. Sheikh Suroor was welcomed by Ahmed Mohammed Al Rumaithi, Deputy CEO of the Emirates Nuclear Energy Corporation, ENEC, and several of the plant’s employees. At the start of his tour, Sheikh Suroor was briefed about the ...

Dubai / WAM The General Civil Aviation Authority (GCAA), on Wednesday held the Aeronnovation Summit, in line with the GCAA strategy to support innovation in the UAE’s aviation industry, at the Dubai World Trade Centre. The Aeronnovation Summit and Awards were held under the patronage of Sultan bin Saeed Al Mansouri, Minister of Economy, and attended by GCAA board members, ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), announced on Wednesday that it has appointed NMC Healthcare to manage operations of Ruwais Hospital, bringing best-in-class medical services and experience to its employees, the Ruwais community and the broader Al Dhafra Region. ADNOC also announced it has selected VPS Healthcare to operate the medical services at its onshore ...

Dubai / Emirates Business Dubai Chamber’s investments aimed at raising awareness about trade and investment opportunities in Latin America are expected to reach AED 100 million over the next ten years, the Chamber’s President and CEO, Hamad Buamim revealed at the Global Business Forum on Latin America 2018 in Dubai on Wednesday. Speaking during a panel discussion entitled “Tomorrow’s Synergies ...

Dubai / Emirates Business Emirates Skywards, the award-winning loyalty programme of Emirates airline, has reached 20 million members. To celebrate this major milestone, Emirates Skywards will be celebrating with its members. Those travelling from Dubai on Emirates flights during the week beginning March 4 can look forward to little surprises at check-in, on board and in the lounges for some ...

Bloomberg US stocks gave up earlier gains and turned lower as oil tumbled following a government report showed expanding inventories and production in what will soon be the world’s largest source of crude. Treasuries climbed with the dollar. “We’re kind of at an inflection point with oil,” said Tom Anderson, chief investment officer of Boston Private Wealth. “It’s hard to ...

Bloomberg The pound fell to a two-week low against the dollar and UK government bonds rose as the European Union’s chief negotiator warned a Brexit transition period for the UK was not guaranteed. Sterling slipped versus all of its Group-of-10 peers after Michel Barnier’s comments, which followed the publication of the EU’s draft Brexit treaty that saw the bloc ignore ...

Bloomberg Londoners this morning woke up to the rare sight of the city blanketed in snow as the icy blast from Siberia that’s causing havoc across Europe will linger for at least this week. Temperatures across Europe have plummeted and forecasters predict they will remain as much as 8 Celsius below average (14.4 Fahrenheit) in Britain through the weekend. UK ...