March, 2019

• 19 March

  UAE announces first pan-Arab body for space cooperation

  

  Abu Dhabi / WAM Under the patronage and presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the second edition of the Global Space Congress commenced in Abu Dhabi on Tuesday. The event, organised by the UAE Space Agency, is the largest gathering of global space industry leaders ...

  Read More »
• 19 March

  Mohamed calls New Zealand PM to condole over mosque attack

  

  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 Tuesday held a telephone call with Jacinda Ardern, Prime Minister of New Zealand, expressing his sincere condolences to the New Zealand government, its people, and the families of victims of the terrorist attack ...

  Read More »
• 19 March

  UBF meet explores UAE’s evolving banking sector

  

  Dubai / WAM The CEOs Advisory Council of the UAE Banks Federation (UBF), held its first meeting of the year to discuss the changing dynamics of the UAE’s banking sector and explore ways to facilitate the industry’s rapid digital transformation. The meeting, chaired by AbdulAziz Al Ghurair, UBF Chairman, focused on a number of topics, including cyberattacks and how to ...

  Read More »
• 19 March

  MBRSC, Bahrain’s space science agency ink MoU

  

  Dubai / WAM To enhance the cooperation strategy with different government organisations in the region, the Mohammed bin Rashid Space Centre (MBRSC), signed a cooperation, information and data-sharing agreement with Bahrain’s National Space Science Agency (NSSA), for the application of satellite images and space research sciences. The MoU was signed between Hamad Obaid AlMansoori, Chairman of MBRSC, and Kamal bin ...

  Read More »
• 19 March

  DP World renews concession contract with Constanta port

  

  BUCHAREST / WAM DP World Constanta, a subsidiary of the Dubai-headquartered global trade enabler DP World, renewed its concession agreement allowing it to operate in the Romanian Black Sea port of Constanta for another 30 years, until 2049. DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem signed the agreement with the Romanian Transport Minister Razvan Cuc in the ...

  Read More »
• 19 March

  Abdullah bin Salem opens ACRES 2019

  Sharjah / WAM HH Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, inaugurated the 6th edition of the Real Estate Investment Exhibition (ACRES 2019) on on Tuesday. The exhibition is organised by Sharjah Chamber of Commerce and Industry (SCCI), the Sharjah Real Estate Registration Department and the Real Estate Sector Business Group at Expo Centre Sharjah. After ...

  Read More »
• 19 March

  Dubai showcases host of attractions at ITB Berlin

  

  Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reinforced its commitment to the German market during the 2019 edition of ITB Berlin, the world-renowned travel trade show. Bringing together Dubai’s network of industry stakeholders across the public and private sector, the international show provided a platform to share key market insights, further cementing the emirate’s relationships ...

  Read More »
• 19 March

  May set to seek long Brexit delay as speaker mars plan

  

  Bloomberg Theresa May looked set to seek a long extension to the UK’s European Union membership after the House of Commons speaker torpedoed her plan to win Parliamentary approval for her deal to leave the bloc. Officials privately accused Speaker John Bercow of over-reaching his powers to help pro-EU politicians deliver a softer divorce and said another vote on May’s ...

  Read More »
• 19 March

  Ola raises $300mn to take on Uber

  

  Bloomberg India’s Ola is raising $300 million from Hyundai Motor Group, giving the ride-hailing startup more capital to compete for drivers and customers against Uber Technologies just as the US rival prepares for an IPO. The deal values Ola at about $6 billion, said a person familiar with the matter, asking not to be named. The Bangalore-based company will continue ...

  Read More »
• 19 March

  Hong Kong plans $80bn budget for artificial islands

  Bloomberg Hong Kong’s government plans to spend $80 billion, equivalent to half its fiscal reserves, to reclaim land for artificial islands that’ll help ease its housing crunch. The price tag for the so-called Lantau Tomorrow Vision includes costs for reclamation, infrastructure and improving transportation, Michael Wong, secretary for development, said at a briefing on Tuesday. More than a third, or ...

  Read More »