Dubai’s public transport ridership hits 275mn in H1

Dubai / Emirates Business Mattar Al Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that public transit means in Dubai comprising Dubai metro, Dubai tram, public buses, marine transit modes (abra, ferry, water taxi, water bus) and taxicabs (Dubai Taxi and franchise companies) have lifted 275,772,000 riders in the first ...

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FNC Speaker, Minister of Climate Change discuss steps to boost cooperation

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC) and Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, met to discuss means of enhancing co-operation between the two sides. Dr Al Qubaisi and Dr Al-Zeyoudi during the meeting, which was held at the FNC’s headquarters in Abu Dhabi, discussed ways ...

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Dubai to hold ‘future manufacturing summit’ in Nov

DUBAI / Emirates Business With the support of Dubai Exports, the export promotion agency of Dubai Economy, the Future Manufacturing & Trade Summit will be held on November 6-7 at Jumeirah Emirates Tower, Dubai. The two-day summit is in line with the Dubai Industrial Strategy to transform the Emirate into a global platform for knowledge-based, sustainable and innovation-focused businesses. Earlier ...

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TRA gets three ISO certificates

DUBAI / WAM The Telecommunications Regulatory Authority (TRA) announced that it obtained three certificates from the International Standardisation Organisation (ISO) in business continuity, quality management systems and environmental management systems. Hamad Obaid Al Mansoori, TRA Director-General, received the certificates during a special meeting with Ahmad AlKhatib, Director-General of the British Standards Institute in the Middle East. The TRA’s ISO certification ...

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Smart Dubai launches hi-tech initiative to mark Year of Giving

DUBAI / Emirates Business The Smart Dubai Office (SDO) has launched a new hi-tech initiative to mark the Year of Giving 2017, issued by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, to promote charity. SDO customers who paid for their purchases using the Dubai Now application received a message allowing them to enter whatever sum ...

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UAE companies seen investing more into employee wellness

DUBAI / Emirates Business UAE companies are taking corporate and employee wellbeing seriously as evidenced by growing investments in workplace wellness initiatives. The growing recognition of the many positive benefits of wellness programmes not just on employee wellbeing, but also on the overall competitiveness of the organisation are spurring investments on office renovations, additional facilities, sponsoring lifestyle and sporting activities, ...

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Oil bulls not out of woods yet

LONDON / Reuters Oil investors seem to buy the idea that recovery is finally underway after three years of gluts, but a price boom seems unlikely as the options market shows that at least until OPEC’s supply deal expires, producers will pounce on any rallies. The oil price has gained about 20 percent in the last two months to above ...

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Asia Tankers-Mideast VLCC rates set to fall

SINGAPORE / Reuters Freight rates for very large crude carriers (VLCCs) on Asian routes from the Middle East could fall to a new low for the year next week as too many ships chase the number of available cargoes, ship brokers said on Friday. That came as average rates from the Middle East to Asia have fallen close to last ...

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Refiners brace themselves as China cements dominance

SINGAPORE / Reuters China is on pace to overtake the United States as the world’s biggest oil importer this year, cementing its status as Asia’s most pivotal oil market actor that will increasingly dominate the region’s fuel trade. For the first time, China imported more crude oil in the first half of the year than the US, government statistics showed. ...

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Robots take over Incheon airport

DUBAI / Emirates Business As South Korea prepares for the largest winter sporting event in its history, LG Electronics (LG) focused on improving automated services at the main hub for the world’s travelers – Incheon International Airport (IIA). LG put into service a number of Airport Guide Robots and Airport Cleaning Robots at the award-winning airport to assist travelers arriving ...

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