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  Dubai / WAM The world is seeing a fast pace of development due to the speed of technological advancement, which has enabled unprecedented interaction between individuals and communities, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said. While honouring the winners of the Arab Social Media Influencers Awards, he ...

  Abu Dhabi / WAM Gathered together at a roundtable for women speakers of parliament, at the Global Summit of Women Speakers of Parliament (GSWS) 2016, participant delegates from over 30 countries unanimously lauded the success of this first summit of its kind, hosted by Abu Dhabi. Chaired by Dr. Amal Al Qubaisi, Speaker of the UAE Federal National Council (FNC) and ...

  Dubai / WAM Dubai International Airport (DXB) is full of festive cheer as it prepares to welcome some seven million passengers during December with an exciting array of seasonal activities, promotions, prize giveaways and entertainment for passengers at the world’s leading international hub. “Nearly a quarter of a million passengers will be passing through the airport daily during the peak ...

  Ras Al Khaimah / Emirates Business Ras Al Khaimah, the UAE’s northern-most emirate, is readying this month to host its biggest ever Awafi Festival – the 14th in the annual series. The three-week festival, a defining event in the emirate’s tourism calendar, yearly attracts visitors from all over the GCC, who descend on the mountain-desert-beach destination to celebrate its ...

  Dubai / Emirates Business DAMAC Properties on Tuesday announced that it has awarded 15 major construction and consultancy contracts valued at AED 1.26 billion during the period between August and November this year, bringing the total value of contracts awarded so far in 2016 to AED 6.51 billion for projects in Dubai and the UK. The awarded contracts are ...

  Abu Dhabi / Emirates Business Miral and SeaWorld Entertainment, Inc. (NYSE:SEAS) (“SeaWorld”) on Tuesday announced their partnership to develop SeaWorld Abu Dhabi, a first-of-its-kind marine life themed park on Yas Island. This next generation SeaWorld Abu Dhabi will also include the UAE first dedicated marine life research, rescue, rehabilitation and return center with world-class facilities and resources for the ...

  Bloomberg China Petroleum & Chemical Corp. is selling a 50 percent stake in a pipeline unit to investors including China Life Insurance Co. for 22.8 billion yuan ($3.3 billion) as it seeks funds to expand its natural gas business. China Life will pay 20 billion yuan for a 43.86 percent stake in the pipeline, while a division of State ...

  Bloomberg China’s industrial output and retail sales growth both accelerated in November, government data showed on Tuesday, in a sign of stabilisation for the world’s second-largest economy. Industrial output rose 6.2 percent in the month, ahead of both October’s figures and economists’ predictions of 6.1 percent in a Bloomberg News survey. Retail sales rose 10.8 percent on-year in nominal ...

  Bloomberg Spain must make further efforts to reduce long-term unemployment and continue its budgetary adjustment process, the International Monetary Fund said, while noting that the nation’s economic recovery remains robust. In its concluding statement after its assessment of the country’s economic performance, the Washington-based institution said Spain witnessed an “impressive recovery” helped by reforms, fiscal loosening and the European ...

  Bloomberg UK inflation accelerated more than economists forecast in November, boosted by prices for clothing and gasoline. The jump to 1.2 percent from 0.9 percent in October means consumer prices are rising at the fastest pace since October 2014. Economists had anticipated an increase to 1.1 percent. The latest data from the Office for National Statistics also added to ...