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Gallipoli / AFP Italian olive grower Federico Manni is at the end of his tether. “You see this one,” he says, waving in the direction of a majestic but diseased olive tree on his property near Gallipoli on the Salento peninsula on Italy’s heel. “It is over one thousand years old. Fires and wars failed to kill it, but that’s ...

Our Correspondent EMIRATES BUSINESS As the media partner for the Government of Dubai, Dubai Media Incorporated (DMI) is responsible for disseminating important news and information about the Emirate to the widest possible audiences by means of high quality broadcast, print and electronic media. Established to provide the very best entertainment, education and news offerings and to promote Dubai on the ...

Our Correspondent / Emirates Business The Al Habtoor Group has grown with the UAE. Started out as a small engineering firm in 1970, is today one of the region’s most respected conglomerates with interests in the hospitality, automotive, real estate, education and publishing sectors. The Al Habtoor Group has earned itself a solid reputation both locally and internationally due to ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued an Emiri decree appointing His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as Chairman of the Executive Council of Abu Dhabi. In another ...

ABU DHABI / EMIRATES BUSINESS Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, on Monday announced net profit of AED 2.6 billion for the financial year ended 31 December 2015, up 13% from AED 2.3 billion in 2014. Net profit for the fourth quarter rose 4% to AED 750 million, from AED 718 million in Q4 ...

DUBAI / WAM Dubai Exports, the export development agency of the Department of Economic Development (DED) in Dubai, is set to connect exporters in the UAE to new and strategic markets across Europe, Asia and Africa in 2016 after its target sectors and overseas offices across six countries brought remarkable outcomes in 2015. With local exporters and manufacturers venturing successfully ...

Sunaina Rana / EMIRATES BUSINESS If you had been to the recent International Education Show (IES) in Sharjah, you would have been amazed to see a bevy of leading universities and visitors flocking to the event. It was a massive draw. Witnessing the show from close quarters, it became quite apparent that Sharjah is on the fast track of becoming ...

ABU DHABI / WAM The Central Bank of the UAE has signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) in Mumbai, to consider a Currency Swap Agreement between the two countries. Mubarak Rashed Al Mansoori, Governor of the UAE Central Bank signed the MoU on behalf of the UAE and Governor Dr Raghuram Rajan signed ...

Dubai / EMIRATES BUSINESS Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that the total expenditure budget approved for RTA in 2016 amounted to AED7.609 billion comprising an Operational Budget in the order of AED3.913 billion, and an Infrastructure Projects Budget estimated at AED3.696 billion.

Abu Dhabi / EMIRATES BUSINESS The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, has announced the successful initiation of its Concentrated Solar Power on Demand Demonstration pilot at the Masdar Institute Solar Platform. The demonstration is intended to show that the novel single-tank thermal energy storage system may prove ...