Bloomberg The first Airbus SE superjumbo to exit service will be stored minus its engines at a French airfield as its owner seeks a new operator for a plane that while still relatively young in industry terms has fallen out of favour with airlines. The A380 will be returned to leasing firm Dr. Peters after 10 years of service with ...

Dubai / Emirates Business The combined value of the 361 active oil and gas projects in the GCC has crossed $331.4 billion (AED1.21 trillion) in November 2017, according to latest Oil and Gas Construction Analytics report issued by BNC Network, the largest and most comprehensive project research and intelligence provider in the Middle East and North Africa (MENA) region. Hydrocarbon ...

DUBAI / WAM Jafza, one of the world’s largest free zones, and a subsidiary of global trade enabler DP World has seen 7 percent growth in the number of oil and gas companies during 2016. DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, said “Jafza’s prime location as a gateway to the Middle East, Africa and South Asia ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA) announced the recruitment of five robots as staff, as part of its continuous quest to envision and make the future through the development of mechanisms that enrich the experience of customers and contribute to the provision of seven-star quality services at its Customer Happiness Centres. This is a pioneering government initiative ...

ABU DHABI / Emirates Business Held under the patronage of HH Sheikh Mansour Bin Zayed Al-Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority, the eighth edition of SIAL Middle East will host more than 22,000 industry professionals and 900 exhibitors this year. Running from December 12-14 at the Abu ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended part of the 2nd Annual Meeting of the Global Future Councils (AMGFC) organised in partnership between the UAE Government and the World Economic Forum (WEF) – Davos. During a meeting with the Founder and Executive Chairman ...

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, on Saturday met Juan Manuel Santos, President of the Republic of Colombia, who is currently on a visit to the UAE. His Highness Sheikh Mohamed bin Zayed welcomed the Colombian President and his delegation ...

Dubai / WAM In his capacity as Ruler of Dubai, the UAE’s Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, issued Law No. (19) of 2017 partially amending Law No. (13) of 2008 on Interim Property Registration in Dubai. The amendments aim to protect real estate investors and developers. The new Law amends Article (11) ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), called upon businesses registered for Excise Tax to file their October returns before the deadline on November 15, in order to avoid the penalties stipulated in Cabinet Decision No. (40) of 2017 on Administrative Penalties for Violations of the Tax Laws in the UAE. The authority has stressed the necessity of ...

Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) participates at Dubai Airshow 2017, one of the most prominent and important aerospace events in the world, which runs from November 12-16. During the participation, MBRSC will showcase the Emirates Mars Mission’s Hope probe model for the first time, its plan to host the International Astronautical Congress 2020 in ...