Business

Emaar Malls records 16% growth in net profit to AED 1.42 bn in first nine months of 2016

Emaar Malls records 16% growth in net profit to AED 1.42 bn in first nine months of 2016

06 Nov 2016

WAM -- Emaar Malls, the shopping malls and retail business majority-owned by global property developer Emaar Properties, has recorded a net profit of AED 1.42 billion (US$ 387 million) during the first nine months (January to September) of 2016, an increase of 16 per cent over the same period last year at AED1.22 billion (US$ 332 million).

The total revenue for the first nine months of the year was AED 2.39 billion (US$ 651 million), which is 10 per cent higher than the revenue of AED... Read More

HH Mohamed Bin Zayed attends inaugural Abu Dhabi CEO Roundtable

HH Mohamed Bin Zayed attends inaugural Abu Dhabi CEO Roundtable

06 Nov 2016

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, today attended the inaugural Abu Dhabi CEO Roundtable, at which 20 of the world’s leading oil and gas companies gathered to discuss strategies for future growth and how to stay competitive in the evolving energy landscape.

The senior executives were invited to the roundtable, held at ADNOC’s headquarters in the UAE capital, by H.E. Dr Sultan Ahmed Al Jaber,... Read More

Etihad Airways extends digital reach; launches mobile Android app

Etihad Airways extends digital reach; launches mobile Android app

06 Nov 2016

Etihad Airways, the national airline of the UAE, has extended its digital reach with the introduction of a new mobile application for Android smartphones, enabling guests to manage their journeys with even greater ease. 

The new mobile app is simple and enjoyable to use, providing comprehensive trip management and giving guests the information they need in a way that suits them. Guests can now organise their journeys directly on the app, which includes booking flights, checking in for... Read More

Dubai Future Accelerators programme hosts top-notch events and high profile visitors in October

Dubai Future Accelerators programme hosts top-notch events and high profile visitors in October

06 Nov 2016

WAM-- The Dubai Future Accelerators programme held several masterclasses and events in October, featuring successful high-profile experts, at its headquarters in Jumeirah Emirates Towers Offices.

The Dubai Future Accelerators is an intensive 12-week programme that pairs top companies and cutting-edge entrepreneurs with powerful partners in Dubai to create breakthrough solutions together. It explores and develops the technologies of the future and employs them to resolve problems and... Read More

MENA's first carbon capture utilisation and storage project now on stream in Abu Dhabi

MENA's first carbon capture utilisation and storage project now on stream in Abu Dhabi

06 Nov 2016

WAM -- The first commercial-scale carbon capture, utilisation and storage (CCUS) facility in the Middle East and North Africa (MENA) is now operational and aims to sequester up to 800,000 metric tons of carbon dioxide (CO?) per year, it was announced on Saturday.

Developed by Abu Dhabi’s Carbon Capture Company Al Reyadah, a joint venture between Abu Dhabi National Oil Company (ADNOC) and Masdar, the Abu Dhabi Future Energy Company, the project harnesses CO? emitted by a major Abu... Read More

Mohammed bin Rashid Space Centre (MBRSC) receives the Inspiration Award for its achievements in the space sector locally and internationally

Mohammed bin Rashid Space Centre (MBRSC) receives the Inspiration Award for its achievements in the space sector locally and internationally

06 Nov 2016

The Mohammed bin Rashid Space Centre (MBRSC) has participated in the World Space Risk Forum (WSRF) 2016, the global event that brings together a large number of international experts and specialists in the field of space industry from around the world. During the opening session, the forum rewarded MBRSC with the Inspiration Award, as Salem Al Marri, Assistant Director General for Scientific & Technical Affairs at MBRSC, was handed the honorary shield from Laurent Lemaire, organizing... Read More

Nine new marine transport stations along Dubai Water Canal, Business Bay to be launched

Nine new marine transport stations along Dubai Water Canal, Business Bay to be launched

06 Nov 2016

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai, has directed to provide marine transport services along the Dubai Water Canal and the Business Bay once the Canal is open to link with the service in Dubai Creek and coastal areas of Dubai. In implementation of these directives, the Board of Executive Directors of Roads and Transport Authority (RTA), has approved in a meeting chaired by HE Mattar Al Tayer, Director-General and Chairman of... Read More

20,000 students join Sheikh Mohammed as he hoists flag marking the UAE’s Flag Day today

20,000 students join Sheikh Mohammed as he hoists flag marking the UAE’s Flag Day today

03 Nov 2016

WAM -- In celebration of Flag Day, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, raised the UAE flag in Zabeel Park this morning in the presence of more than 20,000 school students, representing almost 120 different nationalities residing in the country.

The Vice President, Prime Minister and Ruler of Dubai marked the event by raising the flag on a 12-metre flag pole with the national anthem playing in the background.

... Read More

“Revealed” by Sofitel Exhibition

“Revealed” by Sofitel Exhibition

03 Nov 2016

The international photography exhibition “REVEALED” by Sofitel to be shown for the first time in the Middle East between 27th October and 26th December 2016. A compelling photo print exhibition that takes an intimate look at the world’s greatest modern artists at work as they reveal themselves to the photographer. Olivier Widmaier Picasso, grandson of Pablo Picasso and author of Picasso, Portrait Intime (Albin Michel/Arte éditions), curated the exhibit, hand-selecting photographs from the... Read More

HH Sheikh Mohammed reviews designs of Hope Probe, as part of the Emirates Mars Probe

HH Sheikh Mohammed reviews designs of Hope Probe, as part of the Emirates Mars Probe

03 Nov 2016

WAM -- Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum reviewed the designs of Hope Probe, as part of the Emirates Mars Mission.

The project will send an unmanned probe to Mars by 2021 marking the UAE’s 50th National Day.

His Highness Sheikh Mohammed bin Rashid gave the green light to start manufacturing the probe’s prototypes, the Arab world’s first Mars probe. The project places the UAE with the nine countries... Read More

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