TimeLine Layout

May, 2016

  • 9 May

    Electric vehicles to curb online shopping pollution

      Bloomberg London’s delivery companies are experimenting with electric vehicles to curb the smog spewed by vans distributing parcels packed with goods purchased on the Internet. The UK capital’s transport authority is catalysing the transition from diesel to battery-powered vehicles by funding Gnewt Cargo Ltd., which operates London’s largest all electric delivery fleet. Gnewt is part owned by shipping DX ...

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  • 9 May

    Vanilla price bubble vexes prime-producer Madagascar

      Madagascar / AFP The sweet flavours of vanilla are taking on a bitter edge for buyers in Madagascar as prices have almost quadrupled but quality has declined, with experts blaming speculation, money laundering and a poor harvest. Madagascar, producer of 80 percent of the world’s vanilla, has seen the spice’s price jump from about $60 per kilogramme (2.2 pounds) in ...

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  • 9 May

    World’s driest desert slakes thirst with fog

      Chile / AFP Every morning at dawn, a thick mist known as “The Darkness” blows in from the Pacific to the edge of the Atacama Desert, the most arid place in the world. After tantalizing the northern Chilean desert with the promise of moisture, the mist evaporates in the sun, leaving the heat to bake the stark lunar landscape. But ...

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  • 9 May

    Furniture icons of livable luxury

      Our Correspondent / EMIRATES BUSINESS Ethan Allen has become the first choice among generations. This furniture brand is offering authentic, luxurious and easy to live in designs. Since 1932, the brand is specialised in creating icons of livable luxury. It offers impressively designed, beautifully crafted classics that become as much a part of your style as that little black dress ...

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  • 9 May

    Catering to local and regional industrial needs

      Our Correspondent / EMIRATES BUSINESS Zaker Trading is dedicated to becoming premium provider and leader offering high quality products and services in industrial, oilfield and marine fields in the region. Established in 1987, Zaker Trading is a leading enterprise engaged in diverse range of innovative welding, lifting and safety products to supplement local and regional industrial needs. A large ...

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  • 8 May

    Gulf stocks see surge

      DUBAI / Reuters Most major Gulf stock markets rose on Sunday in response to a modest recovery on Wall Street and in oil prices at the end of last week, while a sweeping reorganisation of Saudi Arabia’s economic policy-making apparatus boosted shares there. The Saudi stock index closed 0.2 percent higher after rising as much as 1.0 percent at ...

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  • 8 May

    UAE Cabinet launches ‘Cohesive Family 2021’

      ABU DHABI / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, launched a national campaign entitled: ‘Cohesive Family 2021’, to strengthen family ties and endorse the family’s core role in preserving the identity and culture of society. His Highness Sheikh Mohammed bin Rashid pointed ...

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  • 8 May

    73 killed in Afghan road crash inferno

      Ghazni / AFP At least 73 people were killed on Sunday when two passenger buses and an oil tanker burst into flames in a head-on collision in eastern Afghanistan, health officials said, in one of the worst road accidents in the war-battered nation. Many of the dead, including women and children, were burned beyond recognition and dozens of others ...

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  • 8 May

    UAE and Latvia sign pact to boost economic cooperation

      ABU DHABI / WAM The UAE and the Republic of Latvia on Sunday signed an economic cooperation agreement to strengthen economic, trade and technical cooperation between the two countries. Sultan bin Saeed Al Mansouri, the UAE Minister of Economy, and Arvils Aseradens, Minister for Economics and Deputy Prime Minister of Latvia, signed the agreement in the presence of Eng. ...

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  • 8 May

    DEWA receives ABB team

      DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and WaterAuthority (DEWA) received a delegation from engineering firm ASEA Brown Boveri, ABB. The delegation included Claudio Facchin, President of the Power Grids division and Member of the Group Executive Committee, Noaman Amjad, Group Senior Vice President, Global Head of Marketing and Sales and Global Head of ...

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