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Business
Abu Dhabi Grand Prix most popular sporting event in UAE – survey
06 Dec 2015
Three-quarters of residents say being a host nation makes them proud 6 December 2015Formula 1 Etihad Airways Abu Dhabi Grand Prix has been named the most familiar among the world sport events hosted by the UAE in a YouGov survey.
The majority of the respondents in the survey backed the Arab country’s efforts to attract popular sporting events to the country.
One in three interviewed online believe being a host nation of major sporting events makes them proud to live there,... Read More
UAE adds 1,000 hotel rooms in November 2015
06 Dec 2015
Country accounts for 19 per cent of total rooms under construction in region
6 December 2015
More than 1,000 hotel rooms became active in the UAE in November 2015, as three global hotel brands entered the Dubai and Sharjah markets to benefit from the growth of tourism in the country.
The hospitality sector in Dubai has witnessed the entry of 618 rooms and new hotel apartments, as the sector is targeting roughly 92,000 rooms by the end of this year, compared with 76,000... Read More
UAE’s nuclear power plants partly completed – ENEC
06 Dec 2015
Four reactors combined expected to meet nearly one-quarter of country’s electricity demand6 December 2015
The UAE’s dream to generate electricity from nuclear power plants gathers pace as the Emirates Nuclear Energy Corporation (ENEC), the entity responsible for implementing the country’s nuclear energy programme, completes several major construction milestones, according to state news agency WAM. These include the completion of the 2,000-tonne containment liner plate for the reactor... Read More
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 2015Emirates’ 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 2015Vice 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
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