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Dubai / Emirates Business Owned by a new management, the all new ‘Mahec’ launched on Tuesday at the Le Meridian Village, Garhoud is a fine dine restaurant and lounge featuring modern interiors and a brand new menu. Chef Asif Khan who has worked and trained by a well-known Michelin star Chef – will head the restaurant and introduce some of ...

DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No (1) of 2016 on Dubai Government Financial Regulation. The new Law aims to improve the management of public capital and government budgets in addition to further enhancing control of ...

ABU DHABI / WAM The International Civil Aviation Organisation (ICAO) and United Nations Office for Outer Space (UNOOSA) on Tuesday held a symposium at the Rosewood Hotel in Abu Dhabi, bringing together industry leaders from the aviation and space industries. The main theme of the symposium was the challenges and opportunities within emerging space activities and civil aviation. Sultan bin ...

ABU DHABI / WAM The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, and the IEA Environmental Projects Ltd., IEA EPL, have announced that they have signed a collaborative agreement for curbing greenhouse gas, GHG, emissions. With this agreement, Masdar Institute becomes the first individual institution from the Gulf Cooperation ...

RITIKA SHARMA / EMIRATES BUSINESS Apart from hotels and airlines, one industry that would reap rich dividends from the much-awaited Dubai Expo 2020 is ‘Car Rental’. Vehicle rental companies across the UAE are pulling up their socks to cater to the huge demand for rented transportation options that is expected to fast gather pace ahead of and during the event. ...

SHARJAH / WAM The Sharjah Investment and Development Authority, Shurooq, concluded its participation in the UAE-UK Pioneers Forum 2016, which took place on March 12 at the Park Plaza, Westminster Bridge, in London, UK. While participating in the event, Shurooq met with numerous Emirati students and pioneers who study abroad in British universities, and discussed various employment opportunities and leadership ...

DUBAI / WAM In cooperation with the Dubai Carbon Centre of Excellence (DCCE) Dubai Electricity and Water Authority (DEWA launched the Carbon Neutral initiative to neutralise all carbon emissions during Earth Hour. This will be achieved by adopting the Clean Development Mechanism(CDM) across all DEWA projects based on the Kyoto protocol, which is directly linked to the United Nations Framework ...

ABU DHABI / WAM The Ministry of Human Resources & Emiratisation (MoHRE) has issued over 252,000 new work permits in 2016. Humaid bin Deemas Al Suwaidi, Assistant Under-Secretary for Labour Affairs, said, “All permits are based on a transparent relation between employers and workers.”

DUBAI / WAM Monthly inflation rate of Consumer Price Index (CPI) for Goods and Services group has recorded a mild 0.22 percent drop in Dubai last February, as compared to January 2016. A report issued by Dubai Statistics Center (DSC) on Tuesday showed that this drop was due to a decrease of 2.79 percent in the Transport group, 0.68 percent ...

SHARJAH / WAM A thirty-member trade delegation, under the umbrella of Calicut Chamber of Commerce and Industry from the South Indian state of Kerala, visited the Hamriyah Free Zone Authority (HFZA) to explore the trade and investment opportunities in HFZA. The team, headed by Calicut Chamber President Gangadharan Punathil, met Saud Salim Al Mazrouei, Director of HFZA and SAIF Zone.