AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, inaugurated the 5th Ajman International Environment Conference (AIEC, 2018), themed ‘Climate Change and Sustainability’. Organised by the Department of Municipality and Planning, the two-day conference is being held under the patronage of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman ...
Read More »NMC unveils a host of new regulations for electronic media
Abu Dhabi / WAM The National Media Council (NMC), unveiled a set of regulations for electronic media, which govern all online activities, including e-commerce; publishing and selling of print, video, and audio material; as well as advertising. The new guidelines apply to news websites, electronic publishing outlets, and on-demand printing, including commercial activities conducted through social media within the UAE. ...
Read More »Emirates documents role of its women employees
Dubai / Emirates Business On the occasion of International Women’s Day, Emirates is highlighting the integral role played by its female employees through a special video which documents the breadth and diversity of the operational and technical roles performed by women in the Group. The video gives the audience a behind the scenes look at women employees from various Emirates ...
Read More »GulfNav increases capital through ‘rights issue’
Dubai / Emirates Business During its meeting, the Board of Directors of the Gulf Navigation Holding (PJSC) approved the trading of the rights issued last February to the company’s existing shareholders, without publicly offering the remaining shares. The company’s capital now stands at AED 919,209,250. The move is in line with the company’s interim strategy to expand its services and ...
Read More »Shurooq highlights tourism opportunities at ITB Berlin
SHARJAH/ Emirates Business The Sharjah Investment and Development Authority (Shurooq) is promoting the emirate’s status as one of the Middle East’s most progressive and dynamic tourism destinations to 180 countries across five continents at this year’s ITB Berlin, the world’s largest travel trade show. Its participation comes as part of a delegation led by His Excellency Marwan bin Jassim Al ...
Read More »DED, Tag partner to offer value packages to business community
Dubai / WAM The Dubai Department of Economic Development (DED), signed a partnership with the Talal Abu-Ghazaleh Organisation (TAG-Org), to offer added value packages to the business community and develop the exclusive services being provided at the Dubai Business Club in DED. Sami Al Qamzi, Director-General of DED, and Talal Abu-Ghazaleh, Chairman of TAG-Org signed the partnership agreement in the ...
Read More »GCC visitors contribute 30% hotel occupancy in Northern Emirates
Dubai / WAM GCC visitors are driving demand in the UAE’s Northern Emirates, comprising more than 30 percent of hotel check-ins, which saw a positive uptick in Year-on-Year (YoY), occupancy, according to data released ahead of Arabian Travel Market (ATM 2018), which takes place at Dubai World Trade Centre from April 22-25. The data shows that of the overall increase ...
Read More »US stocks fluctuate, dollar slips on trade spat over Trump’s tariffs
Bloomberg US stocks fluctuated as investors weighed an encouraging outlook for the semiconductor sector against disappointing results from Target Corp. The dollar weakened amid the developing trade spat over President Donald Trump’s proposed tariffs. The S&P 500 Index was mixed as semiconductor shares got a boost from a positive report by Goldman Sachs, and Target pulled down consumer staples producers ...
Read More »Gulf stocks mixed, Saudi picks up on oil
Reuters Gulf stocks were mixed on Tuesday, with the Saudi market up on steady oil prices. Outside of the Gulf, Egypt’s index continued to climb, reaching an all-time high as it benefits from the central bank’s decision to cut interest rates in February, the first time it has done so since letting the currency float freely in 2016. The Egyptian ...
Read More »Oil rises a second day as equity gains offset supply concerns
Bloomberg Oil rose in tandem with global equity markets, shrugging off concerns over a new wave of crude production from the US as fears of a global trade war eased. Still, the International Energy Agency’s warning that OPEC production cuts will unleash a supply surge from the US and other producers maintained a note of caution in the market. Oil ...
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