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Dafza to sponsor Expo Milan innovation challenge

27 Sep 2015

Participants in the competition will work on a real-life case study related to innovation within the food industry value chain especially prepared by Dafza for the event.

27 September, 2015

Dubai: The Dubai Airport Freezone Authority (Dafza) will participate in the upcoming Expo 2015 Innovation Challenge from October 9 to 11 as part of Expo Milan.

Dafza will be the Premium Sponsor of the inaugural edition of the Challenge which will gather talented and innovative... Read More

SEDD promotes Sharjah as sustainable destination

27 Sep 2015

Department participates in a number of global and local economic exhibitions and forums

Sharjah: The Sharjah Economic Development Department (SEDD) continues to act according to its strategic plan that calls for the planning and leading of the economic development in Sharjah driving down to attain the sustainable development and economic well-being of the emirate.

The department promotes the emirate of Sharjah through participation in a number of global and local economic... Read More

RAK gears up to host 2nd edition of UAE Economic Planning Forum from October 7-8

27 Sep 2015

Event to include keynote speeches by Sultan Bin Saeed Al Mansouri, Minister of Economy

WAM

Ras Al Khaimah: The organising committee of the second UAE Economic Planning Forum (EPF), has announced the final agenda of the forum that will be held under the patronage of His Highness Shaikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

Organised by the Ras Al Khaimah Department of Economic Development at the initiative of the Abu Dhabi Department... Read More

Eid fun at Al Ain Zoo

22 Sep 2015

Al Ain Zoo has always offered families a journey of discovery, however the zoo will be exceeding all expectations during Eid al-Adha this year. Families who journey to Al Ain will discover 15 exciting entertainment acts, 15 special Eid animal experiences and a new limited behind-the-scenes tour. 22 September 2015 From Trash Drummers to Mime Artists, Circus Parades to Stilt Walkers, entertainment will happen in the most unlikely of places, popping up at special times to provide a unique... Read More

96-hour transit visa for all airline passengers at UAE airports

22 Sep 2015

Transit passengers can avail of a 96-hour visa at UAE airports irrespective of the airlines they are flying in.

A transit 96 hours visa is being issued to passengers arriving at UAE airport through any international airline, General Directorate of Residency & Foreigners Affairs-Dubai has said.

Previously, such a visa was given only to passengers flying on UAE airlines.

According to an email from Amer Contact Center, a passenger can apply for a transit 96 hours visa... Read More

ADNOC is planning USD 25 billion worth of investments in offshore oil projects

22 Sep 2015

Off-shore reserves will account for approximately 50 per cent of the total oil production in Abu Dhabi by 2018 as a result of continued investments in production capacity, experts said, as the emirate gears up to host the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in November.

Abu Dhabi National Oil Company (Adnoc) is planning $25 billion (Dh91.83 billion) worth of investments in offshore oil projects over the next five years as part of the UAE’s strategy to... Read More

Emirates expects to fly over 300,000 passengers during Eid Al Adha

22 Sep 2015

Travellers head home or abroad for short holidays

22 September, 2015

Dubai: Emirates is expecting more than 300,000 passengers to travel out of the UAE in September and the upcoming Eid Al Adha period as travellers head home or abroad for short holidays.

Over 76,000 passengers will travel on Friday (September 18), Emirates said in a statement. The overall figures for the holiday travel period represent a growth of around 65 per cent over 2014.

Short haul travel... Read More

Lukoil produces 30 billion cubic meters of natural gas in Uzbekistan

20 Sep 2015

LUKOIL has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan. Most of this (about 85%) comes from the Khauzak-Shady field in the Bukhara Province.

Commercial gas production at the Khauzak-Shady field started in November 2007. In 2011, the West Shady site was put into operation. In 2014, a booster compressor statıon was started up at the field, allowing for a 20% increase in production. In May 2015, test operation of the Gas Pretreatment... Read More

Mubadala releases operational and financial results for H1, 2015

20 Sep 2015

Mubadala Development Company, the Abu Dhabi-based investment and development company, today released its interim financial statements and business highlights for the first half of 2015.

Mubadala Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said, "Global economic conditions reinforce more than ever the importance of Mubadala’s long-term investment strategy and diversified portfolio. We continue to focus on developing leading, globally-integrated industry sectors in the... Read More

Dubai Crude Oil Price for December delivery is US$0.25 p.b. less than average daily settlement price

20 Sep 2015

The Department of Oil Affairs in the Government of Dubai has announced that it had notified its customers that the official price of Dubai crude oil which will be delivered next December, will be US$0.25 less than the average daily settlement price of the Oman Crude Oil Financial Contract in Dubai Mercantile Exchange contracts traded over the next month.

Abdullah Abdul Karim, Director-General of the Department, told Emirates News Agency, WAM, that the department sets the price of... Read More