Business

UAE’s airlines suspends operations over Strait of Hormuz, Gulf of Oman

UAE’s airlines suspends operations over Strait of Hormuz, Gulf of Oman

23 Jun 2019

In a statement, Etihad, the national airline of the UAE said, "Following the decision yesterday of the US Federal Aviation Administration to restrict US airline operations in Iranian-controlled airspace, Etihad Airways consulted closely with the UAE General Civil Aviation Authority and other UAE airlines to evaluate the US action."

"Etihad Airways has subsequently suspended operations through Iranian airspace over the Straits of Hormuz and the Gulf of Oman, and will use alternative... Read More

Mohammed bin Rashid receives trophy from Queen Elizabeth II on historic Royal Ascot win

Mohammed bin Rashid receives trophy from Queen Elizabeth II on historic Royal Ascot win

23 Jun 2019

LONDON, (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has expressed satisfaction with the achievements of UAE horses at the Royal Ascot horse race, which is considered Britain's most popular race meeting.

H.H. Sheikh Mohammed bin Rashid received the winning trophy from Queen Elizabeth II of the United Kingdom after Godolphin’s Blue Point, ridden by James Doyle and trained by Charlie Appleby, galloped to victory and... Read More

The world now has three people worth more than $100 billion each

The world now has three people worth more than $100 billion each

20 Jun 2019

Bloomberg – Bernard Arnault, Europe’s richest person, just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club with a fortune of at least $100 billion.

Arnault, chairman of LVMH, entered the ranks of centibillionaires Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euros a share. His net worth has increased almost $32 billion this year, the most on the 500-member Bloomberg Billionaires Index.

France’s multibillionaires have added the... Read More

Global First-of-its-kind Russian Centre for Digital Innovations and ICT Launched in Dubai Internet City

Global First-of-its-kind Russian Centre for Digital Innovations and ICT Launched in Dubai Internet City

20 Jun 2019

Dubai Internet City (DIC), the Middle East’s leading technology business community, yesterday, 19 June 2019, witnessed the launch of the first Russian Centre for Digital Innovations and Information and Communication Technologies. The centre, facilitated by the Russian Export Centre (REC), is one of the largest and only business support platforms for Russian tech firms outside Russia, and follows a memorandum of understanding (MoU) signed between DIC and REC during Gitex 2018.

The... Read More

Saudi Arabia's first female commercial pilot wants others to soar in her flight path

Saudi Arabia's first female commercial pilot wants others to soar in her flight path

19 Jun 2019

A 29-year-old Saudi Arabian woman has become the first female first officer to fly a mainstream commercial plane in the kingdom.

Yasmeen Al Maimani piloted Nesma Airlines flight ATR72 from Hail to Al Qasim on June 9, making her mark on the world of aviation by becoming the first female first officer to fly a scheduled commerical service in Saudi Arabia.

“I did not expect to be the first and it feels so good to represent my country with this title,” she told The National.

... Read More
Dubai Customs participates in Azerbaijan WCO IT/TI Conference

Dubai Customs participates in Azerbaijan WCO IT/TI Conference

19 Jun 2019

DUBAI, 18th June, 2019 (WAM) -- Dubai Customs took an active part in the WCO IT/TI Conference and Exhibition, which was held between 12th-14th June, 2019, in the Azerbaijani capital, Baku.

Ahmed Mahboob Musabih, Director-General of Dubai Customs headed the delegation to the conference which took place under the theme "New technologies for SMART borders – New opportunities for Trade, Travel, and Transport" and explored implications of the digital world on Customs and other Government... Read More

Norway island wants to be world's first time-free zone

Norway island wants to be world's first time-free zone

19 Jun 2019

(CNN) — Don't you wish those long summer days could last forever? An island in northern Norway is campaigning to do just that.

With the Northern Hemisphere's summer solstice just around the corner on June 21, Sommarøy – meaning "Summer Island" – wants to swap its watches for flower garlands and declare itself the world's first time-free zone.

On this island in West Tromsø, north of the Arctic Circle, the sun doesn't set from May 18 right through to July 26, a full 69 days.... Read More

Dubai tourists to be given free Sim cards on arrival

Dubai tourists to be given free Sim cards on arrival

19 Jun 2019

Tourists visiting Dubai no longer need to worry about expensive roaming charges or finding Wi-Fi as all travellers visiting the emirate will now be given a free Sim card.

Every tourist over the age of 18 will get a free Du Sim pack from officers at passport control desks in Dubai International Airport.

The pre-paid Sim cards come with three flexi-minutes of talk time and 20 MB of mobile data valid for three days. The new initiative is part of a happiness project by the General... Read More

René Caovilla and Chopard designed a true jewel sandal to support the Naked Heart foundation

René Caovilla and Chopard designed a true jewel sandal to support the Naked Heart foundation

18 Jun 2019

From the encounter of two historical luxury Maisons, René Caovilla and Chopard, the idea of a partnership to support the Naked Heart Foundation of Natalia Vodianova, philanthropist and super model renown internationally, came to life.

The two Maisons have created a one-of-a-kind jewel sandal for “The Secret Garden” Charity Gala was held in Geneva on 13 June. A true work of art where the craft mastery of the Venetian luxury shoe brand perfectly blends in with the excellence making of... Read More

The first LVMH Swiss Watch Manufactures Exhibition in Dubai announced

The first LVMH Swiss Watch Manufactures Exhibition in Dubai announced

18 Jun 2019

Stéphane Bianchi, President of the LVMH Watch Division, and Jean-Christophe Babin, President of the Bvlgari Group, are announcing the first LVMH Swiss Watch Manufactures Exhibition.

The event will take place in Dubai Bvlgari Hotel in January 2020 and will include Bvlgari, TAG Heuer, Hublot and Zenith. The four Watch Brands will introduce to the International Medias and Retail Partners their Watchmaking news 2020.

“In between Geneva in January and Basel in March, we have had in... Read More

Pages