January, 2018

• 17 January

  Qantas named as least fuel-efficient airline

  Bloomberg Qantas Airways Ltd. is the least fuel efficient and burns the most carbon of major airlines that fly across the Pacific Ocean, according to a report by the International Council on Clean Transportation. Qantas burns an average of one liter of aviation fuel to fly a passenger 22 kilometres, 64 percent more than the 36 kilometres achieved by the ...

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• 16 January

  National strategy urged for public-private partnerships

  DUBAI / Emirates Business The 2nd UAE Public Policy For-um has called for developing a national strategy for public-private partnerships that acts as a roadmap for collaboration between the government and the private sector at national level. The two-day forum was organised by the Mohammed Bin Rashid School of Government (MBRSG), the first research and teaching institution focusing on governance ...

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• 16 January

  Emirates NBD records 17% rise in Q4 profit

  DUBAI / Reuters Emirates NBD, Dubai’s largest lender, posted a 17 percent rise in fourth-quarter net profit on Tuesday, buoyed by loan growth, interest rate rises and higher sales. The bank, the first major lender from the United Arab Emirates to report its earnings during the quarter, made a net profit of AED2.18billion ($593.5 million) in the three months to ...

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• 16 January

  Tadweer signs five new deals worth AED165mn

  

  ABU DHABI / WAM The Centre of Waste Management in Abu Dhabi (Tadweer) on Tuesday announced the signing of five new contracts, worth AED165 million, for waste management investment projects in Abu Dhabi with leading firms in the waste sector. The total capital of these projects will be funded by the investors. The contracts were made public at the CWM-Tadweer ...

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• 16 January

  Masdar, Envyron tie up for plastic-to-fuel tech

  

  ABU DHABI / WAM Masdar, Abu Dhabi Future Energy Company, is collaborating with Envyron Energy, a subsidiary of Alliances for Global Sustainability, to advance plastic-to-fuel technology, it was announced on Tuesday at Abu Dhabi Sustainability Week. The objective of this collaboration is to explore the further refinement of the plastic derived fuel produced by Envyron to up-cycle it into a ...

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• 16 January

  Three realty projects worth AED2.7bn launched in Sharjah

  

  Sharjah / Emirates Business His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday unveiled three ground-breaking real estate projects to be developed in Sharjah. Worth a total of AED2.7 billion, the trio of projects are the result of a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, ...

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• 16 January

  Sharjah Ruler establishes nature reserve in emirate

  SHARJAH / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an Emiri Decree that establishes ‘Al Medayna Nature Reserve’ in the Emirate of Sharjah. Emiri Decree No. 02 of 2018 stipulates that a nature reserve will be established in the Emirate of Sharjah under the name of ‘Al Medayna Nature ...

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• 16 January

  Zayed Giving alleviates suffering of 10mn people

  

  Abu Dhabi / WAM The mobile Zayed Giving clinics and its field hospitals have treated, locally and globally, more than 10 million children and elderly people in the last 17 years, it has been announced. The project was launched in line with the humanitarian spirit of the late Sheikh Zayed bin Sultan Al Nahyan, and in line with the directives ...

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• 16 January

  RTA processes 50k NOCs for infrastructure

  

  DUBAI / WAM The number of No Objection Certificates (NOCs), processed by the Roads and Transport Authority (RTA), through the authority’s online website relating to infrastructure projects and works in Dubai currently hovers around 50,000 transactions per annum. These NOCs are issued to the Dubai Electricity and Water Authority, DEWA, Dubai Municipality, Etisalat, du, Empower, Etihad Rail, and the armed ...

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• 16 January

  AED1mn worth of prizes up for grabs at Dubai Outlet Mall

  Emirates Business Dubai Outlet Mall unveiled a range of attractions for the 23rd edition of the Dubai Shopping Festival (DSF) to delight shoppers. From substantial prizes, opportunity for a Hollywood getaway, wonderful bargains to a marvelous visual spectacle with kites, DSF 2018 at Dubai Outlet Mall will be an amazing experience for shoppers. Customers will be able to enter a ...

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