TimeLine Layout

July, 2018

  • 16 July

    Emirates offers special summer fares to 30 destinations

    DUBAI / Emirates Business Travellers looking for a quick escape this summer can take advantage of Emirates’ attractive fare offers to more than 30 global destinations within its network. The offer applies to bookings until July 23 and for travel until May 31, 2019. Economy Class passengers can enjoy fares to Beirut starting from AED 1,080, Cairo starting from AED ...

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  • 16 July

    Liwa Date Festival to start on Wednesday

    Abu Dhabi / WAM The Cultural Programmes and Heritage Festivals Committee – Abu Dhabi is organising the 14th Liwa Date Festival from July 18-28 in Liwa, Al Dhafra Region, under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. Held in the Al Dhafra Region in western Abu Dhabi emirate, ...

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  • 16 July

    Norway to bring maritime expertise to Expo 2020 Dubai

    Dubai / WAM Norway will promote its innovations, technologies and further development of the country’s ocean industries to a global audience of millions, after confirming its participation at Expo 2020 Dubai. The country’s participation was confirmed in a letter from Norway’s Prime Minister, Erna Solberg, delivered by Jens Eikaas, Norway’s Ambassador to the UAE, to Reem bint Ibrahim Al Hashemy, ...

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  • 16 July

    Ajman ‘media free zone’ announces cost-effective packages for businesses

    Ajman / WAM The Ajman Media City Free Zone (AMCFZ), announced a range of customer-friendly, cost-effective packages for potential business owners. Ahead of the official launch of the free zone, Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of the AMCFZ, said, “Globally, entrepreneurs and small- and medium-sized enterprises (SMEs), are widely considered to be vital to national economies. We ...

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  • 16 July

    ERC to restore ‘Martyr Ali Othman Naji School’ in Yemen

    Dhala / WAM The Emirates Red Crescent (ERC), launched a project to restore the “Martyr Ali Othman Naji School” in Al Markoula, Dhala District, as part of its plan to support the local education system in Yemen. The ERC’s efforts to restore Yemeni schools reflect the diversity of its humanitarian support for the people. Nabil Al Afif, Under-Secretary of Dhala ...

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  • 16 July

    CNBC, Nasdaq Dubai to open new studio in Oct

    Dubai / WAM CNBC on Monday announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai. The network will use the new base at MarketSite, part of Nasdaq Dubai’s new offices in the Dubai International Financial Centre, DIFC, to further enhance its editorial presence across the region. With MarketSite at ...

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  • 16 July

    SMC donates AED3mn for Rohingya refugees’ hospital

    Sharjah / WAM Sharjah Media Corporation (SMC), donated AED3 million to The Big Heart Foundation (TBHF), to build a hospital in the Cox’s Bazar district of Bangladesh for Rohingya refugees. Within the first year, the hospital is expected to receive 7,200 inpatients and provide access to quality healthcare for thousands of the district, which is populated by 140,000 Rohingya refugees ...

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  • 16 July

    Thailand top mall developer mulls retail arm IPO next year

    Bloomberg Central Group, one of Thailand’s biggest conglomerates, is studying options including a potential initial public offering of retail assets, people with knowledge of the matter said. The group is working on a restructuring of its retail operations ahead of a possible IPO as soon as next year, the people said, asking not to be identified because the information is ...

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  • 16 July

    Alibaba’s Ele.me seeking $2 billion in new funding

    Bloomberg Ele.me, the food delivery platform acquired by Alibaba Group Holding Ltd., is on the hunt for $2 billion of new financing to help in its fight against Meituan Dianping, people familiar with the matter said. The Chinese company is seeking funds from potential investors such as venture capital firms to expand a business that’s burning enormous amounts of cash, ...

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  • 16 July

    ZTE surges after US frees it to resume doing business

    Bloomberg ZTE Corp. climbed as much as 15 percent after the US formally lifted a ban on its American technology purchases, allowing the Chinese telecoms gear-maker to resume business. The company’s shares marked a month’s high in Hong Kong and rose by their 10 percent daily limit in Shenzhen. Washington’s decision resolves a months-long moratorium that thrust ZTE into the ...

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