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DUBAI / Emirates Business Al Habtoor Motors, Mitsubishi’s official distributor in the UAE unveiled Mitsubishi Eclipse Cross – the much awaited compact crossover during this year’s Dubai Motor Show which runs until November 18. The highly-anticipated biennial motoring event in the Middle East featured more than 150 automotive manufacturers from around the world. The five day event was attended by ...

Sinagpore / WAM Total refined oil product stocks at the Port of Fujairah stood at 15.09 million barrels in the week to November 13, down 0.9% week on week, according to data from the Fujairah Energy Data Committee (FEDCom). Total stock levels fell to a new record low for a third week in a row, about 23% lower than the ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has conferred the Order of Unity on Bill Gates, Co-chair of the Bill and Melinda Gates Foundation, for his substantial efforts in humanitarian work and initiatives across the world. While presenting the order to Bill Gates, during the international health forum, “Reaching the Last Mile – Mobilising ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Wednesday received Bidhya Devi Bhandari, President of Nepal, and her delegation. His Highness Sheikh Mohammed bin Rashid welcomed the Nepalese President and discussed bilateral relations and means of enhancing them by opening new channels of economic, tourism and ...

Abu Dhabi / Emirates Business Abu Dhabi-based developer, Miral, has embarked on a major digital transformation project to create a seamlessly connected destination of world-class theme parks and attractions on Yas Island. Advancing Miral’s vision to create unique and immersive experiences, the project will take visitors on a highly personalized digital journey, enhancing Yas Island’s destination appeal to global leisure ...

Abu Dhabi / WAM Awaidha Murshed Al Marar, Chairman of the Department of Energy, stated that Abu Dhabi has managed to achieve a radical transformation in its production and consumption of energy and has drafted a new renewable energy strategy, enabling it to occupy a prominent international position in this area and become the clean energy capital of the Middle ...

Abu Dhabi / WAM Maqta Gateway, a wholly owned subsidiary of Abu Dhabi Ports, has signed a co-operation agreement in China with LOGINK, the national logistics platform operated by the Chinese Ministry of Transport. Dr Noura Al Dhaheri, General Manager of Maqta Gateway, and Guo Jianbiao, Director-General of LOGINK, signed the MoU in Hangzhou, China, on the sidelines of a ...

Dubai / WAM Attracting participants from five continents and 33 countries, with bidders spanning the whole Middle East, Sotheby’s Dubai inaugural auction took in over three million Dollars this week, with 30 percent of the bids coming from the UAE. Edward Gibbs, Sotheby’s Chairman for Middle East, said, “The strong sale result is testament to the exciting evolution of UAE market ...

Abu Dhabi / WAM Eagle Hills Abu Dhabi has recently awarded the construction and infrastructure works contract for the entire 63,677 square metre site of The Address Fujairah Resort and Spa to Joannou and Paraskevaides, J&P. The Abu Dhabi-based private real estate investment and development company made the announcement during an official signing ceremony that marked the groundbreaking of the ...

Bloomberg Fifteen days from now, nations that pump more than half the world’s oil gather in Vienna to discuss extending the production cuts that helped lift prices to two-year highs. The outcome is far from certain. Russia, which alongside Saudi Arabia was the architect of the historic cooperation between crude producers, is said to be unconvinced that a decision is ...