April, 2017

• 1 April

  Aldar awards AED0.5bn contract for Yas project

  

    ABU DHABI / Emirates Business Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, awarded its main contract for Mayan, a luxury residential development located on Yas Island, to Ghantoot General Construction, one of the leading construction companies in the region. The AED 500 million (AED 0.5 billion) contract will deliver the construction of ...

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• 1 April

  Dubai Culture to gain insights at design industry event in Milan

    DUBAI / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced that it will be attending Milan Design Week 2017 – the world-leading design industry event that will take place from April 4-9 and stage a wide range of exhibitions under its umbrella, including the acclaimed Salone Internazionale ...

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• 1 April

  Growth in trade underlines Dubai’s economic resilience

    Dubai / WAM Dubai’s trade performance has shown steady and sustainable growth over the last five years, with non-oil trade volumes in metric tonnes registering a compound growth rate of 6.1% according to figures from Dubai Customs. Despite a challenging macroeconomic environment which impacted global trade, Dubai’s trade volumes grew a healthy 8.2% in 2016, compared to the previous ...

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• 1 April

  Etisalat slashes GCC roaming tariffs

    Abu Dhabi / Emirates Business Etisalat has reduced its roaming rates for voice calls, SMS and data. Starting from April 1, Etisalat’s prepaid and post-paid customers would enjoy discounted roaming rates of up to 35% on data, outgoing voice calls to UAE, GCC and local destinations and outgoing SMS while traveling to any Gulf Cooperation Council countries – Bahrain, ...

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• 1 April

  ‘Dubai’s success wins investor confidence’

    DUBAI / Emirates Business Dubai’s success in maintaining its advanced position among the cities of the world in terms of capital inflow and the number of new FDI projects is a major achievement, said His Excellency Sami Al Qamzi, Director General of Dubai Economy. It reaffirms the investor confidence in Dubai while also underlining its role as a major ...

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• 1 April

  GPSSA urges govt, private employers to stick to rules

    ABU DHABI / WAM In a circular distributed to employers, the General Pension and Social Security Authority (GPSSA), called for employers’ compliance with the registration and contribution requirements for their Emirati employees. It stressed that registering UAE employees with the Authority and the payment of their contributions is obligatory under the provisions of Federal Law No. 7 of 1999 ...

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• 1 April

  Hands raised, Trump aides rush to try to testify on Russia

  

    WASHINGTON / AP Their reputations at risk, a coterie of President Donald Trump’s associates caught up in the swirling debate about Trump and Russia are turning to a similar if unusual playbook: volunteering to testify to Congress, before even being asked. They are eager to come forward despite not having been compelled by subpoena to appear before the two ...

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• 1 April

  24 die after river overflows, destroying Colombia homes

    Colombia / AP An avalanche of water from an overflowing river swept through a city in Colombia while people slept, the wave quickly destroying homes and killing at least 24 unsuspecting residents, authorities said on Saturday. The incident triggered by intense rains happened around midnight in Mocoa, a city of about 350,000 located near Colombia’s border with Ecuador, tucked ...

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• 1 April

  14 arrested as far-right clash with anti-fascists in London

    LONDON / AP Demonstrators from far-right groups clashed with anti-fascist protesters in central London on Saturday, as British police imposed restrictions to try to keep the opposing groups apart. Authorities arrested 14 people for various offenses. Protesters gathered at Trafalgar Square and spilled on to nearby roads. London’s Metropolitan Police imposed conditions on the march and rally on Saturday ...

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• 1 April

  2-state Mideast solution ‘under pressure’: Norway minister

    Denmark / AP Norway’s foreign minister says a two-state solution to the Israeli-Palestinian conflict “is under pressure” as he left Oslo for a visit to the Middle East. Borge Brende says “only a two-state solution can lead to lasting peace between the parties.” He says “a sustainable Palestinian economy and well-functioning institutions are essential preconditions for the two-state solution.” ...

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