Business

'Emirati-Kazakh Friendship Days' kicks off in Astana

'Emirati-Kazakh Friendship Days' kicks off in Astana

06 Sep 2017

WAM -- The "Emirati-Kazakh Friendship Days" kicked off Monday, 4th September, featuring a series of colorful musical performances and traditional dances, slated to take place across all the Kazakh capital, on the sidelines of the UAE’s symbolic National Day at Expo 2017 Astana.

Scheduled to continue until the end of the Expo on 10th September, the 'Friendship Days' event is part of the National Media Council’s continual efforts to represent the UAE, and its rich and deep-rooted... Read More

Expo Centre Sharjah to host 43rd MidEast Watch and Jewellery Show

Expo Centre Sharjah to host 43rd MidEast Watch and Jewellery Show

06 Sep 2017

WAM -- The Expo Centre Sharjah will host the 43rd edition of MidEast Watch and Jewellery Show from 3rd to 7th October, 2017 with the support of the Sharjah Chamber of Commerce and Industry.

Spread over an area of 30,000 square metre, the show will feature hundreds of exhibitors and brands from across the world, specialising in the design and manufacture of watches, jewellery and gold, as well as, diamonds, watches, precious stones, pearls, precious metals and others.

Saif... Read More

UAE participates in China-Arab States Expo

UAE participates in China-Arab States Expo

06 Sep 2017

WAM -- The UAE is participating with a high-level delegation in the China-Arab States Expo to be held in Yinchuan, capital of northwest China's Ningxia Hui Autonomous Region, on September 6-8.

Juma Mohamed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, who is leading the UAE delegation, has underscored the significant importance of the international event which he described as "a strategic platform for a high-level dialogue on aspects of... Read More

Mubadala Development Company will invest in Pulkovo airport

Mubadala Development Company will invest in Pulkovo airport

05 Sep 2017

A consortium of international investors comprising Russian Direct Investment Fund (RDIF), Russia-China Investment Fund (RCIF), Mubadala Development Company (UAE), Baring Vostok Private Equity Fund V and a number of related funds (Baring Vostok), as well as leading co-investors from the Middle East have announced the completion of a transaction to acquire a 25% stake in Thalita Trading Limited (Thalita). Thalita is the holding company of the Northern Capital Gateway, which manages Pulkovo... Read More

Virgin Mobile now available in the UAE

Virgin Mobile now available in the UAE

05 Sep 2017

The National -- Emirates Integrated Telecommunications Company (EITC), the owner behind du, has launched Virgin Mobile in the UAE, the company said on Tuesday, September 5, 2017.

“We are delighted to add such a well-known global brand to our portfolio, which is critical to our strategy of offering more choice for consumers in the UAE,” said Osman Sultan, chief executive of EITC.

Customers can access the app through Google Play or the Apple app store, allowing for a more... Read More

UAE to participate in World Parliamentary Forum on Sustainable Development

UAE to participate in World Parliamentary Forum on Sustainable Development

05 Sep 2017

WAM -- A UAE Parliamentary Group from the Federal National Council, FNC, will participate in the World Parliamentary Forum on Sustainable Development, which will be held in Bali, Indonesia, on 6th and 7th September.

The forum, where the UAE Parliamentary Group will be represented by Jamal Mohammed Al Hai, FNC Member, will discuss several issues related to climate change, sustainable development, other related issues and the overall goals of sustainable development, as well as the role... Read More

ENOC launches Biodiesel 5 in UAE

ENOC launches Biodiesel 5 in UAE

05 Sep 2017

WAM -- Emirates National Oil Company, ENOC, has announced the introduction of the new “Biodiesel 5” product to the UAE market. Biodiesel 5 is an advanced alternative green fuel product commonly used for diesel engines and has proven to reduce carbon footprint and greenhouse gas emissions.

The new product is a clean fuel produced from vegetable oil, waste cooking oil and animal oil and fats. As Biodiesel is derived from renewable resources, it is an opportunity to reduce the domestic... Read More

Kazakhstan to issue first green bonds

Kazakhstan to issue first green bonds

05 Sep 2017

WAM  -- Within the next 12 months, the Astana International Financial Centre, AIFC, plans to issue the first "green" bonds, the Kazakhstan International News Agency, Kazinform, reported on Monday.

"The first steps are very important and we are working with the Kazakhstan Stock Exchange, KASE, in order to understand how to issue the first "green" bonds. It is this topic that we will have to work on for the next 12 months," the AIFC Governor, Kairat Kelimbetov, said at a conference... Read More

Announces plans to establish memorial commemorating Sheikh Zayed

Announces plans to establish memorial commemorating Sheikh Zayed

04 Sep 2017

4th September, 2017 (WAM) -- The Ministry of Presidential Affairs has announced plans to establish a permanent tribute to the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s founding father and a beacon for future generations. The memorial will be officially opened in 2018 in order to coincide with the national Year of Zayed as declared by President His Highness Sheikh Khalifa bin Zayed Al Nahyan .

The memorial, which is currently under construction, will be located at the... Read More

Nakheel to unveil projects valued at AED3.2 billion

Nakheel to unveil projects valued at AED3.2 billion

04 Sep 2017

4th September, 2017 (WAM) -- Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah.

The developer, whose projects currently spans 15,000 hectares and accommodates more... Read More

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