March, 2018

• 12 March

  Fujairah is a jewel that needs polishing, says CP

  FUJAIRAH / WAM “The whole of Fujairah is a jewel,” according to the Emirate’s Crown Prince, His Highness Sheikh Mohammed bin Hamad Al Sharqi. “We need to polish it, so that it will shine.” He was talking to the Emirates News Agency (WAM), about the work currently under way on completing Fujairah’s Master Plan. “The Port of Fujairah and the ...

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• 12 March

  Dubai hosts global form on drug issue

  

  Dubai / WAM His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, on Monday officially inaugurated the 13th Hemaya International Forum and Exhibition on Drug Issues under the theme, “Foreseeing the Future of the Global Combat of Narcotic Drugs and Psychotropic Substances: Predictions, Preparations and Prevention Strategies for 2030”. The two-day forum is being held under the patronage of ...

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• 12 March

  DCT Abu Dhabi to host roadshow in Kuwait

  

  Abu Dhabi / WAM Aimed at boosting inbound visitor numbers to the Emirate in 2018, the Department of Culture and Tourism – Abu Dhabi, in partnership with Yas Island, has announced a dedicated roadshow in Kuwait. An event will be hosted on March 14, where two bodies will showcase Abu Dhabi’s dynamic cultural and touristic assets to key travel players, ...

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• 12 March

  Middle East Rail opens up fresh opportunities for railway industry

  

  DUBAI / WAM The 12th edition of Middle East Rail, the largest railway industry event across the Middle East, North Africa, South and Central Asian region, officially opened on Monday at Dubai International Convention Centre (DICC). Dr Abdulla Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman, Federal Transport Authority (FTA) - Land & Maritime, inaugurated the exhibition, where over 290 ...

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• 12 March

  Takeda witnesses great number of women leaders

  ABU DHABI / Emirates Business For centuries women have been struggling to prove their worth in the male dominated pharmaceutical world, however, the women workforce at Takeda – a global, research and development-driven pharmaceutical company have made significant strides in both management and junior roles. The company has witnessed a great number of fantastic female leaders who not just hold ...

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• 12 March

  US stocks pare some gains on tariff jitters; dollar declines

  

  Bloomberg Stock advances on Monday were tempered by uncertainty over the prospect of new tariffs, but many investors remain bullish following last week’s report of stronger US jobs growth. Treasuries gained, while the dollar and most commodities fell. The S&P 500 Index opened higher— anchored by consumer, energy and tech shares but held back by industrial stocks, which would suffer ...

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• 12 March

  Austria’s biggest Bitcoin broker seeks gold-standard rules

  

  Bloomberg Bitcoin should be regulated similar to gold—which benefits from simpler compliance rules than stocks or bonds—according to Austria’s biggest broker of the digital token. While cryptocurrency transactions in the European Union above 10,000 euros ($12,310) should be subject to anti-money laundering rules, applying more onerous financial standards could stunt the emerging market for digital cash, the founders of Bitpanda ...

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• 12 March

  Aviation sector braces for Brexit with CEOs divided on fallout

  

  Bloomberg At an aviation summit in Brussels, Europe’s main airlines put on a display of unity over the challenges ahead. But the industry’s chief executive officers were divided when it came to the biggest issue of all: Brexit. The UK’s scheduled departure from the European Union in March 2019 has provoked widely varying reactions from carriers in the 28-nation bloc. ...

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• 12 March

  Amazon shifts Prime Pantry service to subscription model

  

  Bloomberg Amazon.com Inc. is shifting its Prime Pantry service, which focusses on non-perishable household goods like breakfast cereal, laundry detergent and shampoo, to a $5 per month membership model. Amazon will make the change gradually, encouraging Prime Pantry shoppers to commit to a monthly service charge that gives them free shipping on orders of at least $40, a company spokeswoman ...

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• 12 March

  Virgin Atlantic offers cheap coach class in low-cost duel

  

  Bloomberg Virgin Atlantic Airways Ltd will split its coach class into three ticket grades in an effort to head off the challenge presented by an emerging low-cost, long-haul sector led by Norwegian Air Shuttle ASA. The UK carrier plans to introduce an “economy light” fare for passengers prepared to take hand baggage only and happy to have their seats allocated ...

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