Business

Diesel Prices Decreased by 29% and Gasoline increased by 24%

28 Jul 2015

The Fuel Price Committee, chaired by His Excellency Dr Matar Al Nyadi, Undersecretary for the Ministry of Energy, today announced the gasoline and diesel prices for the month of August 2015 across all petrol stations in the UAE. The announcement was made at the committee’s meeting that was attended by its members including His Excellency Younis Khouri, Undersecretary for the Ministry of Finance, His Excellency Abdullah Salem Al Dhaheri, CEO of ADNOC Distribution, and His Excellency Saif Al... Read More

Dubai Summer Surprises: Majid Al Futtaim Shopping Malls

28 Jul 2015

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, announced an early start of its Dubai Summer Surprises celebrations, in partnership with Dubai Festivals and Retail Establishment (DFRE). From the first day of Eid Al Fitr until September 5, 2015 across City Centre Deira, City Centre Mirdif and Mall of the Emirates, visitors will enjoy spectacular entertainment and get a chance to win amazing prizes this summer.

Dubai Summer... Read More

Tilal Liwa Hotel celebrates annual Liwa Date Festival

28 Jul 2015

Tilal Liwa Hotel, a secluded hideaway leisure resort perched on the edge of Rub Al Khalil Desert in Abu Dhabi’s Empty Quarter, invites UAE residents and visitors to join the region’s celebration of the annual Liwa Date Festival from July 22 to 30, 2015.

Held at the Al Gharbia region, the festival which is now on its 11th year promotes and celebrates the symbolic and historic role that the date palm plays in Emirati culture. The various activities of the festival celebrate the heritage... Read More

ENEC installs second simulator

28 Jul 2015

The Emirates Nuclear Energy Corporation (ENEC) has successfully installed its second full scope APR-1400 training simulator this week at the organization’s Simulator Training Center (STC) Barakah.

The occasion also marked the successful completion of a major upgrade to ENEC’s first full scope simulator, initially delivered in April 2014. The upgrade consists of custom-designed modeling data applied to both simulators to make the technology more specific to the unique environment of... Read More

Emirates Team New Zealand takes to the water in Portsmouth

28 Jul 2015

Emirates Team New Zealand took to the water this weekend for the very first event in the 35th America's Cup, the Louis Vuitton America's Cup World Series Portsmouth. Looking to build on an encouraging performance last year, Emirates Team New Zealand will be looking to lift the Auld Mug and confirm its status as favourite for the race.

The Louis Vuitton America’s Cup World Series sees world-class sailors setting out from Portsmouth, home of the Emirates Spinnaker Tower, which now... Read More

Culture of Innovation in Dubai

26 Jul 2015

Shaikh Hamdan Bin Mohammed Вin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that innovation has become a work culture at institutions in Dubai and the UAE. The country is keen to provide the best conditions to encourage creators and innovators in various fields.

He was inaugurating a laboratory of innovation at Thomson Reuters, which is in line with the vision of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime... Read More

Which Metro station is busiest in Dubai?

26 Jul 2015

271 million use public transport in Dubai during first half of 2015.

Mattar Al Tayer, Chairman of the Roads and Transport Authority (RTA), has revealed a growth in the number of riders using mass transit means (Metro, public buses, marine transit means and taxis) in Dubai during the first half of this year. Al Tayer stated that the total public transport during this period hit 271.302 million users compared with 262.569 million users during the same period of 2014. 

The number... Read More

UAE accounts for 14 per cent of the world's desalinated water

26 Jul 2015

The United Arab Emirates is striving to capture every drop of rain it can wring from the clouds that pass over the desert nation. In the blazing sunshine at Al Ain airport, a twin-propeller Beechcraft stands ready to fly into action at a moment's notice on a cloud-seeding mission. The plane is armed with salt flares that are fired into a promising cloud to increase condensation and hopefully trigger a downpour.

The UAE, an oil-rich federation of about eight million people, ranks among... Read More

Apple has 75 per cent smartwatch market share leaving Samsung behind

26 Jul 2015

Apple Watch should be officially rolled out into retail stores in the UAE by Gitex Shopper, retailers in the country have said.

Apple launched the device in April and immediately started taking preorders. Currently, Apple Watch is officially available for sale in nineteen countries and is set to go on sale in three other markets (New Zealand, Russia and Turkey) by the end of this month. Yet there are no signs about the product rolling out into the UAE or anywhere else in the region.... Read More

UAE's new petrol price formula to be announced shortly

26 Jul 2015

A new petrol price formula to be announced within two days following a government decision to lift fuel subsidies is not ready yet and estimates published by the media are mere speculation, the CEO of Adnoc was quoted on Sunday as saying.

Abdullah Al Dahiri said the new price system for August would be announced on schedule on Tuesday after a decision by the Energy Ministry to deregulate prices following heavy government subsidies over the past decades.

“What has been... Read More

Pages