Business

National Drilling Company to buy 14 new rigs for $543m

07 Jun 2015

The new contracts are part of the UAE company’s expansion plans

June 7, 2015 Reuters

Abu Dhabi: The UAE’s National Drilling Company has signed contracts worth $543 million (Dh1.9 billion) to buy 14 new rigs, state news agency WAM reported on Sunday.

One offshore and one onshore rig, worth $203 million, will be built in the UAE, WAM said, quoting the company’s chief executive Abdullah Saeed Al Suwaidi.

The onshore rig deal was signed with National Oilwell Varco, while... Read More

Sharjah Commerce and Tourism Development Authority calls for concerted efforts to achieve Vision 2021 objectives

07 Jun 2015

Al Midfa: Cooperation between all sectors fundamental to attracting 10 million visitors by 2021 Al Midfa: China, India and GCC are key markets for Sharjah tourism

Sharjah, May 6, 2015: The Sharjah Tourism Advisory Committee, chaired by HE Khalid Jasim Al Midfa, Director General of Sharjah Commerce and Tourism Development Authority (SCTDA), held its third meeting to discuss the latest developments in the tourism sector in the emirate. The meeting focused on Sharjah Tourism Vision 2021 aim to... Read More

Emirates inks air-rail codeshare with France’s SNCF, adds 19 new destinations

07 Jun 2015

The deal will help boost Emirates network in France and ease connectivity for passengers.

Dubai carrier Emirates has signed a codeshare deal with SNCF, France’s National Railway Company, allowing passengers to travel on air and rail services in the country via a single ticket.

Under the deal, passengers will be able to fly on Emirates and then travel to other destinations in France using high-speed trains leaving directly from Paris Charles de Gaulle airport.

The... Read More

LUKOIL President Meets with Kazakhstan Leaders

07 Jun 2015

LUKOIL President Vagit Alekperov visited Astana to attend the 28th Plenary Session of the Foreign Investors’ Council under the President of Kazakhstan. As part of his visit, Mr. Alekperov met with Kazakhstan Prime Minister Karim Masimov, executives from Kazakshtan's Ministry of Energy and KazMunayGas, the national oil company of Kazakhstan.

The parties discussed LUKOIL's operations in Kazakhstan. Following the meeting, LUKOIL and KazMunayGas signed a Memorandum of Understanding to... Read More

Committee announces schedule for FNC polls

06 Jun 2015

Early voting from September 28-30, followed by electoral silence, ahead of polls on October 3

Abu Dhabi: The National Election Committee (NEC) unveiled today (Saturday) a detailed schedule for the upcoming Federal National Council (FNC) elections set to be held on October 3.

The announcement comes as part of the NEC commitment to educate and bring awareness to members of the Electoral College (EC) on the election process and to ensure the highest standards of efficiency,... Read More

Bin Fahad participates in Ministers of Agricultural forum in Expo Milan 2015

06 Jun 2015

Food security is a top priority in the UAE which recognises the urgent need to address current social and environmental challenge

Dubai: Dr Rashid Ahmad Bin Fahad, Minister of Environment and Water, took part in the Ministers agricultural forum featured in Expo Milan 2015 alongside ministers from other participant countries.

This year’s edition of the forum is being held under the slogan, “From Expo Milano 2015 and Beyond: Agriculture to Feed the Planet”, and is taking place... Read More

Exceptional opportunities for retailers offered at Dubai Parks and Resorts’ Riverland™ Dubai

04 Jun 2015

Dubai, UAE; 4 June 2015 – Dubai Parks and Resorts, set to become the Middle East’s largest multi-themed leisure and entertainment destination when it opens in October 2016, has announced that 220,000 square feet of leasable opportunities for dining and retail are now available within Riverland™ Dubai – one of several components of this first-of-its-kind development.

 

An unprecedented project in the heart of the Arabian Gulf region, Dubai Parks and Resorts will simultaneously... Read More

Dubai is 4th most popular city in the world

04 Jun 2015

4 June 2015

Emirate expected to host 14.3 million international visitors in 2015.

Dubai: Dubai, on track to attract 14.3 million international visitors in 2015, now ranks as the fourth most sought-after destination on the planet.

According to the findings of the MasterCard Global Destination Cities Index, released on Wednesday, Dubai has consistently advanced its position since the launch of the Index. The city ranked eighth in 2012, seventh in 2013, fifth last year and... Read More

Dubai Chamber, DSOA ink deal

04 Jun 2015

4 June 2015

The MoU was signed by Hamad Buamim, president and CEO, Dubai Chamber, and Dr Mohammed Alzarooni, vice-chairman and CEO, Dubai Silicon Oasis Authority.

Dubai: Dubai Silicon Oasis Authority, or DSOA, has signed a Memorandum of Understanding, or MoU, with Dubai Chamber of Commerce and Industry, to enhance cooperation in fostering entrepreneurship through a strategic agreement between the Chambers initiative of Tejar Dubai and DSOA’s wholly owned Dubai Technology... Read More

Young talent key to sustainable growth: Shaikh Mohammed

04 Jun 2015

WAM / 4 June 2015Shaikh Mohammed directed the chamber's chairman and members to work as one team and benefit from experiences of local businesspersons and experts in this field.

Dubai: His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has met the new board of directors of the Dubai Chamber of Commerce and Industry at Zabeel Palace.

Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and... Read More

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