Business

Emirates starts two-class A380 flights

06 Dec 2015

The two-class A380 will have more economy seats, allowing the Dubai airline to boost capacity 6 December 2015

Emirates’ first two-class A380 enters commercial service from today on routes to Copenhagen and Bangkok as the economy-packed planes target high-volume routes.

Passengers gazing out from Concourse A at Dubai International won’t be able to tell much difference but inwardly the design of these new A380s is significantly different, with the 58-seat business class – 18 seats less... Read More

Mohammed Bin Rashid Knowledge Award announced

06 Dec 2015

The award shall be given in December of every year by the Mohammed Bin Rashid Al Maktoum Foundation WAM 6 December 2015

Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum has issued in his capacity as the Ruler of Dubai, the decree number 36 for 2015, establishing the Sheikh Mohammed Bin Rashid Al Maktoum Knowledge Award, to encourage more innovation into acquiring, growing and transferring knowledge around the world.

According to the... Read More

UAE declares 2016 the Year of Reading

06 Dec 2015

Khalifa declares 2016 the Year of Reading as Mohammad Bin Rashid instructs Cabinet to prepare framework

6 December

WAM

The UAE has declared 2016 as the Year of Reading to create a generation of book lovers and consolidate the country’s position as a global capital for knowledge and culture.

President His Highness Shaikh Khalifa Bin Zayed Al Nahyan made the declaration yesterday.

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime... Read More

UAE pick up gold, 3 bronze medals at WAG 2015

06 Dec 2015

Mihai leads from the front as hosts make an impact in Canopy Piloting while in the Powered Aerobatics category Russian pilot Mikhail Mamistov occupied second place with a total of 10,232.87

6 December 2015

The UAE picked up their first medals on the sixth day of competition at the 2015 FAI World Air Games (WAG) being held at various drop-zones in Dubai.

The hosts picked up a gold and three bronze medals in the Parachuting Canopy Piloting at the end of the sixth day of... Read More

UAE economy is strong, sustainable: Al Mansoori

06 Dec 2015

Wam/Abu Dhabi

6 December 2015

Sultan Bin Saeed Al Mansoori, the Minister of Economy in the UAE said that the UAE has started reaping the fruits of its economy diversification policy. The policy was successful in moving the economy from its full dependence on a single sector, the oil sector, to depending on multiple sectors and resources.

The national economy has grown exponentially over the past few years of our country's small age. The economy today is driven by its own... Read More

Abu Dhabi-owned City Football Group sells 13% stake to Chinese investors

06 Dec 2015

The group, which owns Manchester City FC, has sold the stake for $400m to a group led by China Media Capital Holdings and CITIC Capital

6 December 2015

City Football Group, which owns the Manchester City, New York and Melbourne City football clubs, has sold 13% of its stake to a consortium of Chinese investors led by investment firm China Media Capital Holdings and CITIC Capital. The deal is valued at $400m and is subject to regulatory approvals. Overall the investors valued... Read More

We are people of peace but will fight evil with full force: Mohammad Bin Rashid

01 Dec 2015

UAE committed to principles of international law, seeks peaceful co-existence with neighbours, expand friendship with all and reject the use of force, or the threat of force, to resolve disputes and settle conflicts

WAM

1 December 2015

On the occasion of the 44th National Day of the UAE, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister and Ruler of Dubai, has issued a statement to Dira'a Al Watan, The Nation Shield, magazine.

... Read More

Khalifa unveils 10-point national programme

01 Dec 2015

Programme places emphasis on improving quality of life and diversifying economy on occasion of 44th UAE National Day

WAM

1 December 2015

UAE President His Higness Shaikh Khalifa Bin Zayed Al Nahyan announced on Tuesday a 10-point national programme to improve quality of life and diversify the economy on occasion of 44th UAE National Day.

The national programme announced by UAE President places emphasis on citizens’ happiness and well-being, maximising federal... Read More

Rotana to open 14 properties before end of 2016

30 Nov 2015

New hotels to add 3,769 rooms to hospitality group’s global portfolio

30 November 2015

Rotana Hotel Management, the Dubai-based hospitality management group, said on Sunday it will continue its expansion with the opening of 14 properties before the end of 2016.

Rotana is set to further strengthen its presence in Turkey and Bahrain, while 2016 will also see the opening of the group’s first property in the Democratic Republic of Congo (DRC).

The hotels add 3,769... Read More

UAE’s non-oil trade reaches Dh534b in H1

30 Nov 2015

Figure marks 2% increase over same period last year

30 November 2015

The UAE’s non-oil direct trade reached Dh534.1 billion in the first half of 2015, marking a two per cent year-on-year increase from the Dh521.8 billion recorded in the same six months in 2014.

According to a statement issued by the Federal Customs Authority (FCA) on Monday, non-oil imports reached Dh337.6 billion during the first half of this year — a one per cent drop from the Dh340.6 billion recorded... Read More

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