Business

Earthquake in Iran-Iraq border, tremors felt in UAE

Earthquake in Iran-Iraq border, tremors felt in UAE

13 Nov 2017

Khaleej Times -- Several UAE residents took to social media late Sunday night saying that they have felt some tremors corresponding to an earthquake.

According to multiple users on Twitter, they felt the ground trembling for a brief period and are asking if others have also experienced it. Users from several parts of the country say that the tremors were felt not only in Dubai, but also in the Reem Island district of Abu Dhabi. Sharjah residents also felt the tremors.

The... Read More

Boeing, Emirates Announce Commitment for 40 787-10 Dreamliners

Boeing, Emirates Announce Commitment for 40 787-10 Dreamliners

13 Nov 2017

DUBAI, United Arab Emirates, Nov. 12, 2017 /PRNewswire/ -- Emirates, the world’s largest international airline, today announced a US$ 15.1 billion (AED 55.4 billion) commitment for 40 Boeing 787-10 Dreamliners.

In the presence of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai, HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group signed the agreement with Boeing... Read More

Boeing, Azerbaijan Airlines Announce Deal for 787 Dreamliners

Boeing, Azerbaijan Airlines Announce Deal for 787 Dreamliners

13 Nov 2017

Business Insider -- Boeing and Azerbaijan Airlines (AZAL) announced an order for five more B787-8 Dreamliners and a commitment to purchase two large freighters B747-8F (or B777F). The agreement, announced at the 2017 Dubai Air Show, is valued at about $1.9 billion at current list prices. The freighter commitment will be finalized at a later time.

Azerbaijan Airlines also announced it will be the launch customer for the 787 Landing Gear Exchange Program whereby Boeing Global Services... Read More

Middle East needs a strong, developing Saudi Arabia and stable Egypt

Middle East needs a strong, developing Saudi Arabia and stable Egypt

12 Nov 2017

The Arab world needs a "strong, developing Saudi Arabia and a stable, robust Egypt" in order to restore stability to the region, a Government minister says.

Dr Anwar Gargash, Minister of State for Foreign Affairs, also spoke of the legacy of the Arab Spring uprisings in 2011 and conflict in Syria, Yemen and other states in a speech at the Abu Dhabi Strategic Debate on Sunday.

"It is only by adopting a strategy focused primarily on achieving stability that we will be able to... Read More

Ferrari's new Portofino makes its first bow outside Europe, in Dubai (Video)

Ferrari's new Portofino makes its first bow outside Europe, in Dubai (Video)

12 Nov 2017

The National -- The Ferrari California T’s replacement, the Portofino, has made its bow in the UAE ahead of the Dubai International Motor Show, the first time it has been presented anywhere outside of Europe.

The 600hp V8 grand tourer, which is named after the iconic Italian fishing port, was unveiled at the One&Only Royal Mirage hotel in Dubai, in its convertible Spider form – a coupé model will also be available.

With a new aluminium chassis that aids a weight loss of 80... Read More

Dubai Airshow Just Gets Bigger (Video)

Dubai Airshow Just Gets Bigger (Video)

12 Nov 2017

The Dubai Airshow 2017 is expected to be its biggest edition yet when it opens its doors at DWC, Dubai Airshow Site on Sunday. With predictions of 72500 trade visitors expected across its five-day run and over 1200 exhibitors representing the entire spectrum of the aerospace industry, the show is set to exceed previous editions.

 Of particular attraction this year are the new feature pavilions and conferences that have been launched for 2017:  the Space Conference and Pavilion with... Read More

Russia National Day celebrates in Abu Dhabi

Russia National Day celebrates in Abu Dhabi

11 Nov 2017

The official reception on the occasion of the Russian National Day took place in Abu Dhabi on November 1, organized by the Embassy of the Russian Federation in the United Arab Emirates and Consulate General of the Russian Federation in Dubai and Northern Emirates.

The event was moved from June 12 because of the celebration of the Holy month of Ramadan in the UAE and coincided with the National Unity Day.

H.E. Ohoud Bint Khalfan Al Roumi, UAE Minister of State for Happiness and... Read More

Emirates Group announces half-year performance for 2017-18

Emirates Group announces half-year performance for 2017-18

10 Nov 2017

DUBAI, U.A.E., 9 November 2017: The Emirates Group today announced its half-year results for 2017-18. The Group saw steady revenue growth and a rebound on profitability compared to the same period last year, in spite of the continuing downward pressure on margins, a rise in oil prices, and other challenges for the airline and travel industry.  

The Emirates Group revenue was AED 49.4 billion (US$ 13.5 billion) for the first six months of its 2017-18 financial year, up 6% from AED 46.5... Read More

Macron tours French naval base in Abu Dhabi

Macron tours French naval base in Abu Dhabi

09 Nov 2017

The National -- French president Emmanuel Macron toured a French naval base in Abu Dhabi on Thursday, a sign of Paris' deepening military and cultural ties to Abu Dhabi.

Mr Macron visited the naval base at Abu Dhabi's Port Zayed, which sits just across the waters of the Arabian Gulf from the new Louvre Abu Dhabi, which he helped inaugurate on Wednesday night.

A military band played La Marseillaise and an honour guard met Mr Macron before he boarded and walked through the French... Read More

Emmanuel Macron and UAE leaders formally open Louvre Abu Dhabi

Emmanuel Macron and UAE leaders formally open Louvre Abu Dhabi

09 Nov 2017

The National -- Wednesday night sees the formal opening of Louvre Abu Dhabi on Saadiyat Island as the President of France, Emmanuel Macron, joins Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Commander of the UAE Armed Forces in a ceremony at the museum.

President Macron, making his first visit to the UAE, flew into Abu Dhabi’s Al Bateen Airport... Read More

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