June, 2018

• 20 June

  Emirates introduces special summer fares to 60 destinations

  Dubai / Emirates Business Emirates is offering travellers who haven’t booked their holidays yet a chance to avail special fares during summers to 60 destinations within its global network. The offer applies to bookings until July 5 and applies for travel until March 31, 2019. Economy Class passengers can enjoy fares to London starting from AED2,125; to Bangkok starting at ...

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• 20 June

  SBWC analyses advantageous trading opportunities in Italy

  Sharjah / Emirates Business Through several trade missions and strategic matchmaking, the Sharjah Business Women Council (SBWC) has been supporting new and established female entrepreneurs in the UAE by taking them to key overseas markets and showcasing their capabilities to potential buyers, investors and trading partners. In a four-day trip to Italian fashion capital, Milan, SBWC organised one-to-one matchmaking and ...

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• 20 June

  UAE and Russia sign deal to send first Emirati into space in 2019

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that sending the first Emirati astronaut to space will herald the beginning of a new era for the UAE and represents another step towards achieving the country’s vision and aspirations in the space sector. His Highness’s comment came ...

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• 20 June

  Poll shows strong support for UAE peaceful nuclear energy programme

  

  Abu Dhabi / WAM An independent national poll on nuclear energy showed that the UAE public strongly supports the use of peaceful nuclear energy, with 82 percent of residents in favour of using nuclear energy for generating electricity and 91 percent stating that peaceful nuclear energy is important for the nation. Global figures from similar polls conducted in other countries ...

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• 20 June

  UAE to highlight trade opportunities at Belt and Road Summit in Hong Kong

  Abu Dhabi / WAM The UAE is participating in the 3rd Belt and Road Summit scheduled to take place in Hong Kong on June 28. Abdullah Al Saleh, Under-Secretary for Foreign Trade Affairs at the Ministry of Economy will lead the UAE delegation that will comprise a number of top officials from federal and local entities as well as businesses ...

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• 20 June

  Road access fees for heavy vehicles waived

  Abu Dhabi / WAM The UAE Cabinet adopted a decision to waive the road access day-permit fees for heavy vehicles in the country, in order to reduce the cost for operators of development projects and support the growth of infrastructure projects in various vital sectors. The move comes in line with the government’s objective to maintain sustainable development and high-quality ...

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• 20 June

  UAE plays vital role to combat effects of climate change: Dewa

  

  Dubai / WAM The UAE has played an important role in the negotiations that led to an agreement to combat climate change, at the International Conference of the Parties in 2015 (COP21), in Paris, where countries pledged their commitment to reduce emissions and combat climate change. “This highlights UAE’s commitment in combating climate change, and achieving the United Nations Sustainable ...

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• 20 June

  UAE’s farsighted, strategic investment policy hailed

  Abu Dhabi / WAM The United States and the UAE have had an exceptionally close economic relationship for many years, said Shakir Y. Farsakh, Principal Commercial Officer at the US Consulate General Dubai. In an interview with Emirates News Agency (WAM), the US Commercial Attaché added, “Investment naturally follows trade and the United States and the UAE exchanged $24 billion in ...

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• 20 June

  Engie gets $139-mn tax bill as EU bans Luxembourg pact

  

  Bloomberg French energy utility Engie SA faces a 120 million-euro ($139 million) tax bill after the European Union said it benefited from an unfair fiscal arrangement with Luxembourg. Concluding a state-aid probe into the tax affairs of Engie, the European Commission on Wednesday said Luxembourg selectively deviated from provisions of national law to help lower the tax bill for France’s ...

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• 20 June

  Permian oil faces shut ins on pipe shortage, says US shale giant

  

  Bloomberg The biggest US shale region will have to shut wells within four months because there aren’t enough pipelines to get the oil to customers, the head of one of the industry’s largest producers said. The worsening bottleneck in the Permian region that straddles west Texas and New Mexico offers an unexpected fillip to OPEC and other oil producers outside ...

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