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Dubai / Emirates Business The Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing (Dubai Tourism), is gearing up to usher in the 10th edition of the “Eid in Dubai” celebrations with a diverse line-up of events designed to offer families, residents and visitors many memorable moments during the upcoming Eid Al Fitr. ...

Sharjah / Emirates Business Friends of Cancer Patients (FoCP), which provides immense moral and financial support for cancer patients across the UAE, took 27 children diagnosed with cancer on a shopping trip in Dubai to choose new clothes for the Eid Al Fitr celebrations before enjoying on a special Ramadan Iftar to round off the day. The ‘Eid Clothing’ initiative ...

Abu Dhabi / WAM Etihad Airways has been given a top rating by London’s Heathrow Airport for its emissions and night-time noise performance during the first three months of 2017. The “Fly Quiet and Clean” League Table, the first of its kind to be produced by the airport, placed the UAE’s national airline among the top carriers for operating the ...

Abu Dhabi / WAM The UAE Central Bank’s foreign currency assets increased 1.5 percent to AED322.4 billion during the month of May from AED317.44 billion in April, according to statistics released Tuesday by the bank. The surge is attributable to the rise in UAE banking balances and deposits overseas from AED147.85 billion in December to AED215.66 billion by the end ...

Dubai / WAM Dubai Municipality has donated 100,000 lamps for Dubai housing projects, as part of the municipality #Year of Giving initiatives. The move is part of the municipality’s community responsibility to serve the nation and contribute to its development process, said Ahmed Saeed Al Badwawi, Director of Applied Sustainability and Renewable Energy Department. The lamps represent unique innovation in ...

Dubai / WAMM A UAE delegation, led by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, marked a successful attendance at the World Scientific and Engineering Congress (WSEC 2017), convened at Astana EXPO 2017 Congress Centre in Kazakhstan from June 19-20, 2017. The conference held under the theme “Energy of the Future: innovative scenarios and methods of ...

Dubai / WAM Du has announced its new satellite Teleport Facility, located in the Al Qudra area of Dubai, away from planned commercial and residential real-estate developments. The new upgraded facility covers an area of 75,000 sq. meters and has been built to enable the expanding requirements of du broadcast customers, to deliver a superior service with a focus on ...

LONDON­­­­ / Reuters Total will go ahead with development of a giant Iranian gas field this summer, its CEO told Reuters, in the first major western energy investment in the country since Tehran signed an international nuclear deal. Chief Executive Patrick Pouyanne said the French group would make an initial $1 billion investment after the United States extended sanctions relief ...

Bloomberg Oil halted its slide below $45 a barrel as investors weigh a forecast decline in US crude stockpiles against a revival in output from Libya, which is exempt from the OPEC -led cuts. Futures rose 0.3 percent in New York after falling 1.2 percent. US inventories probably shrank by 1.2 million barrels last week, according to a Bloomberg survey ...

Bloomberg Eni SpA was the biggest winner in Mexico’s latest auction of shallow-water oil prospects. The Italian oil giant took three of the 10 areas awarded, the national hydrocarbons commission said during an event in Mexico City. The tender, Mexico’s fifth since it ended a state monopoly in 2014, garnered winning bids from Royal Dutch Shell Plc, France’s Total SA, ...