Business

UAE can save billions with solar energy, Irena report says

03 Jun 2015

The UAE could realise billions of dirhams in potential savings if it develops solar energy projects ahead of other sources including natural gas, according to a report from the International Renewable Energy Agency.

If the UAE can boost its renewable energy capacity to 10 per cent of its total energy mix - and 25 per cent of power generation - it could save US$1.9 billion annually by 2030 by reducing consumption of fossil fuels amid “rapidly increasing natural gas prices and... Read More

Global energy agency Irena set to open sustainable HQ in Masdar City

03 Jun 2015

ABU DHABI // After a four-year wait, Adnan Amin, director general of the International Renewable Energy Agency, will on Wednesday night officially launch its global headquarters in Abu Dhabi.

The complex, covering 32,000 square metres, has been heralded as one of the most efficient in the world, showing Abu Dhabi’s strong commitment to the environment and Irena’s role in serving it.

“I came in just before the first assembly, in 2011, and was expected to launch a new... Read More

Dubai International Financial Centre hosts big-league Chinese delegations; explores long-term strategic growth across key sectors

02 Jun 2015

Dubai, UAE- 1 June 2015: The strategic engagement at Dubai Week in China has proved a milestone for the Dubai International Financial Centre's (DIFC) intent to draw Chinese businesses. This was validated in the recent visit of high-profile delegations from China’s Bank of Communication Co. and state-owned conglomerate China Everbright Group Limited to DIFC, the emirate’s sought-after gateway connecting the Middle East, Africa and South Asia (MEASA) markets with the economies of Europe, Asia... Read More

Dubai International Airport announced as overall winner at the Routes Middle East & Africa 2015 Marketing Awards

02 Jun 2015

Dubai International Airport announced as overall winner at the Routes Middle East & Africa 2015 Marketing Awards

Category wins go to Madinah, Kilimanjaro Airports and Zimbabwe Tourism Authority

2 June 2015

Last night during the Networking Evening at the Four Seasons Hotel Bahrain Bay in Manama, Bahrain, Dubai International Airport was announced as the overall winner of the Middle East & Africa heat of the 2015 Routes Marketing Awards. Around 350 aviation... Read More

Tourist spending in UAE rises 5% in Q1 2015

02 Jun 2015

Dubai, June 02, 2015: Overall tourist spending in the UAE rose by 5 per cent in the first quarter of the year compared to the same period in 2014 according to a new study by Network International, the leading payment solutions provider in the MENA region. The report, based on credit or debit card transactions by country in the first quarter of 2015, found that Americans accounted for the largest portion of total spending in the quarter with 21%. Tourists from Saudi Arabia came next (12%),... Read More

Smartworld signs deal with EFS for managed services

02 Jun 2015

Global MS market worth $193 billion by 2019

Arabian Gulf’s MS market to be worth $3.1 billion by 2018

Smartworld to carry out 24/7 monitoring and management of mission critical applications

Agreement to help EFS focus on its core business 

Deal to tackle the challenges of downtime, Service Level Agreements (SLA) breach and standards of support  

 

Dubai, June 1, 2015: Smartworld, the leading system integrator and Digital ICT service provider in the... Read More

UAE women in nuclear industry celebrated

02 Jun 2015

June 1, 2015

ABU DHABI // The region’s first organisation supporting the role of women in the nuclear industry has been honoured by the Emirates Nuclear Energy Corporation (Enec).

The Women in Nuclear (WiN) chapter celebrated its first anniversary with two industry events, in Abu Dhabi and at Enec’s Barakah site in the Western Region where global nuclear experts attended.

“I am extremely proud to be supporting the Enec WiN chapter,” said Sheikha Lubna Al Qasimi, Minister... Read More

Ministerial Services Council discusses setting up SME national scheme and council

02 Jun 2015

National scheme for SMEs to work under the umbrella of the Ministry of Economy

Abu Dhabi: The Ministerial Services Council on Sunday held a meeting at the Presidential Palace to discuss the creation of a national scheme for small and medium-sized enterprises (SMEs) and a decision to set up a council for SMEs.

The meeting was chaired by Shaikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Ministerial Services Council... Read More

Dubai Visitor Numbers Up 8.2% In 2014

02 Jun 2015

June 2, 2015

Dubai welcomed a total of 13.2 million visitors in 2014, up 8.2 per cent from 2013, according to a new report issued by Dubai Tourism and Commerce Marketing (DTCM) at Arabian Travel Market.

Unlike previous reports, which calculated visitor numbers based on the number of guests checked in at hotels, the figure is a measure of all international visitors who have travelled to Dubai and stayed for a night.

It also takes into account those guests who lodged with... Read More

6th WAHRC ends on a positive note in Warsaw

01 Jun 2015

posted on 01/06/2015

The H.H. Sheikh Mansour bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival's 6th World Arabian Horse Conference, WAHRC, in Warsaw came to a close on Saturday with a lively workshop during which a series of announcements were made.

The workshop, conducted by Ms. Lara Sawaya, Executive Director of the H.H. Sheikh Mansour bin Zayed Al Nahyan Global Arabian Horse Flat Racing Festival, Chairman of the International Federation of Horse Racing Academies... Read More

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