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DP World Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation (PCFC) Sultan bin Sulayem commented on these figures, saying, “Dubai has once again demonstrated its great capacity to cope with and make the best of the ups and downs of global trade, focusing on the thriving sectors of ICT products and smart devices.” “The foreign trade ...

Abu Dhabi / WAM A delegation from Abu Dhabi National Exhibitions Company (ADNEC) will participate in the upcoming Doha International Maritime Defence Exhibition and Conference (DIMDEX) 2016, which begins in Doha, Qatar. ADNEC’s participation is part of its strategy to promote the International Defence Exhibition and Conference (IDEX 2017) and the Naval Defence Exhibition and Conference, NAVDEX 2017, to specialised ...

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has attended a session of the Government Innovation Lab focused on discussing the Smart City initiatives. The event, also attended by a host of CEOs and Directors concerned with the Smart City initiatives at the RTA, was held by ...

ABU DHABI / WAM Etihad Airways Engineering, the Middle East’s aviation maintenance, repair and overhaul (MRO) provider, will be the host sponsor of MRO Network’s upcoming Airline Engineering & Maintenance: Middle East conference, taking place in Abu Dhabi on April 26-27. Exploring MRO growth is at the heart of the discussions at this conference which has a 20-year history of ...

ABU DHABI / WAM The National Centre for Meteorology and Seismology (NCMS) has urged motorists to exercise caution, reduce the speed and leave enough distance between vehicles because of imminent dust storm. The statement called on seafarers not to go to sea due to rough seas in the Arabian Gulf, stressing the need for periodic follow-up of weather reports through ...

Dubai / Emirates Business Links Group, one of the UAE’s leading providers of commercial facilitation and advisory services, on March 21 was awarded the ‘Best Small Business’ accolade at the inaugural FinanceME Business Vision Awards for its continuous development as a top performing SME. Links Group received the accolade from Robin Amlot, CEO of CPI Financial and Georgina Enzer, Managing ...

TOKYO / Bloomberg The best way to boost the economy is to quickly implement the existing budget for the next fiscal year, Prime Minister Shinzo Abe said on Tuesday, rejecting speculation he would announce a supplementary spending package. Speaking after the parliament passed a record 96.7 trillion yen ($850 billion) in outlays for the 12 months starting April 1, Abe ...

Manila / AFP Two Chinese men were responsible for moving $81 million stolen by hackers from Bangladesh’s foreign reserves into Philippine casinos, an inquiry in Manila heard on Tuesday. Following the heist, the millions stolen from the Bangladesh central bank’s American accounts on February 5 were immediately sent via electronic transfer to a Philippine bank. The dollar accounts where the ...

Dhaka / DPA Exports of raw jute from Bangladesh will reopen next week as the government on Monday lifted the ban on shipments four months after imposing it. The Ministry of Textiles and Jute issued a notice announcing the withdrawal of the ban to be effective from April 3. The lifting of the ban came amid pleas from raw jute ...

NEW DELHI / Reuters India’s Supreme Court has asked the markets regulator to start the process of selling some of embattled conglomerate Sahara’s real estate assets in the country to refund millions of investors in its illegal bonds, lawyers said on Tuesday. Sahara, a household name in India as the former main sponsor of the national cricket team, has major ...