Date archive forDecember, 2015
dubai-sports-city-stadium-uae
By Staff writer On Wednesday, December 30th, 2015
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UAE raises its sports profile

A UAE newspaper has said that Abu Dhabi has shown the way with its share of world class events like the Formula One Abu Dhabi Grand Prix and the jiu-jitsu world championship rounds. “Lionel Messi landing here More...

video.yahoofinance.com@6e011763-62b2-387a-9a2e-e4667cf37ad5_FULL
By Staff writer On Wednesday, December 30th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$31.71 a barrel on Monday, compared with $32.17 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

Stock Market & Securities  Exchange  - Foreign Exchange 1
By Staff writer On Wednesday, December 30th, 2015
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Qatar Stock Index Up 0.38 Points

Qatar Stock Exchange (QSE) index slightly gained 0.38 points when the bourse closed trading at 10,398.33 points on Tuesday. The daily turnover decreased to QR 199,765 Million with a volume of 4,852,697 shares from More...

how-to-coordinate-security-incident-response-MSSP
By Staff writer On Wednesday, December 30th, 2015
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Ooredoo Hosts Managed Security Services Event

Ooredoo has hosted a special event for companies from some of Qatar’s key industries recently, showcasing its growing portfolio of Managed Security services. The event, which welcomed around 30 large business More...

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By Staff writer On Tuesday, December 29th, 2015
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Etihad Airways Partners unique debt financing deal secures major international award

A US$700m landmark finance deal struck by Etihad Airways Partners, EAP, to fund expansion, has been recognised by the prestigious market intelligence organisation International Financing Review, IFR, with a leading More...

oil-drilling-at-sunset
By Staff writer On Tuesday, December 29th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.14 a barrel on Thursday, compared with $31.25 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

Emirates_NBD_UAE
By Staff writer On Tuesday, December 29th, 2015
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Emirates NBD named Bank of the Year twice by The Banker

The Emirates NBD today announced that it has been named ‘Bank of the Year – UAE 2015’ by The Banker. The award, considered among the most prestigious by the global banking community, recognise Emirates NBD’s More...

QNA_Energy_Conference_28122015-(1)
By Staff writer On Tuesday, December 29th, 2015
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Doha to Host Electric Power and Water Desalination Conference

Under the patronage of HE Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Qatar Society of Engineers, in cooperation with the Ministry of Energy and Industry and the Federation More...

Dr. Issa Saad Al-Jafali Al-Nuaimi , Minister of Administrative development
By Staff writer On Monday, December 28th, 2015
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Qataris to Occupy 90% of Public Sector Jobs in 10 Years

Dr. Issa Saad Al-Jafali Al-Nuaimi , Minister of Administrative development The Ministry of Administrative Development launched Saturday a meeting between Employees in supervisory roles participating in a programme More...

timthumb
By Staff writer On Monday, December 28th, 2015
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RTA all set for traffic management on the eve of New Year

The Traffic Movement and the Handling of Operational Plans during Annual Events Team at the Roads and Transport Authority (RTA) in Dubai is fully prepared for managing the traffic during the eve of the New Year More...

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By Staff writer On Monday, December 28th, 2015
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Tourism revenue in Ajman sees 47% increase in third quarter

The Ajman Tourism Development Department (ATDD) released the emirate’s latest tourism statistics for the third quarter which shows a significant increase of 47% in total revenue when compared to the same period More...

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By Staff writer On Monday, December 28th, 2015
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Gulf International Bank wins Credit Specialist award

Gulf International Bank, GIB, has announced that its Emerging Markets Opportunities Fund, EMOF, has won the Credit Specialist award at the Alternative (Alt) Credit Intelligence European Performance Awards recently More...

global-deal
By Staff writer On Monday, December 28th, 2015
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Qatar Foreign Merchandise Trade Surplus was QR 10.9 billion

The Ministry of Development Planning and Statistics has released preliminary figures of the value of exports of domestic goods, re-exports, and imports for November 2015. A brief analysis of the data is given below: More...

Oil-Pumping
By Staff writer On Friday, December 25th, 2015
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oil will remain central to the global energy mix over the next 25 years

Penetration of alternative fuel vehicles will increase in the next decades but will remain at low levels: By 2040, only 6% of the passenger car stock and 5.3% of commercial vehicles will be running on non-oil fuels. More...

QNA_Nakilat_012012
By Staff writer On Friday, December 25th, 2015
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N-KOM, Angelicoussis Sign Strategic Cooperation Agreement

Nakilat-Keppel Offshore and Marine (N-KOM), the joint-venture shipyard between Qatar’s Nakilat and Keppel Offshore and Marine, has signed an agreement with Greece’s Angelicoussis Group of Companies to continue More...

ooredoo1
By Staff writer On Friday, December 25th, 2015
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Ooredoo Qatar, Nokia Networks Boost Network up to 375 Mbps

Ooredoo Qatar and Nokia Networks today announced the launch of LTE-Advanced (LTE-A) three-band carrier aggregation technology on the Ooredoo Supernet. Nokia technology enables the operator to provide higher data More...

Qatar 777 interior shoot
By Staff writer On Tuesday, December 22nd, 2015
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Qatar Airways Celebrates New Service Between Doha and Durban

Qatar 777 interior shoot Two days of celebrations marked the launch of Qatar Airways’ new four-times-weekly service between Doha and Durban last week in the South African beachfront city. Qatar Airways’ inaugural More...

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By Staff writer On Tuesday, December 22nd, 2015
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Dubai is the most expensive international destination to bring in the New Year

Costing over Dh2,000 per person, Dubai is the dearest popular international city to celebrate New Year’s Eve, according to research by Travelex.   That sum will get you a set meal-for-one, a bottle of bubbles, More...

qatar-exchange
By Staff writer On Tuesday, December 22nd, 2015
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Qatar Stock Exchange Organizes Lecture on Margin Trading

As part of the policy, aiming to promote knowledge and investment awareness among all market participants, Qatar Stock Exchange (QSE) today organized a lecture on margin trading service. The lecture was delivered More...

DTEC
By Staff writer On Monday, December 21st, 2015
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Dubai Technology Entrepreneur Centre launches

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), yesterday officially inaugurated the Dubai Technology Entrepreneur Centre (DTEC), the largest incubation centre of its kind More...

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By Staff writer On Monday, December 21st, 2015
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CPI decreased by 0.34 % in November 2015

The overall Consumer Price Index, CPI, reached 126.53 in November 2015, and with comparison with the base year (2007 =100); it decreased by 0.34% compared to its value at the end of October 2015, while it increased More...

IBM_Blue_Gene_P_supercomputer
By Staff writer On Monday, December 21st, 2015
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ADIB partners with IBM to launch innovative digital studio

Abu Dhabi Islamic Bank, ADIB, today announced that it will fundamentally transform how it interacts and provides services to customers by building a new Digital Studio with IBM. The bank says that it will further More...

QNA_QATAR_OAPEC_20122015-(2)
By Staff writer On Monday, December 21st, 2015
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Qatar Chairs OAPEC Ministerial Meeting

The State of Qatar chaired the 95th ministerial meeting of the Organization of Arab Petroleum Exporting Countries (OAPEC), which was held in Cairo today. HE the Minister of Energy and Industry Dr. Mohamed bin Saleh More...

qna_qnb-14092014
By Staff writer On Monday, December 21st, 2015
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QNB Bullish on Qatari Equities

QNB expressed Friday their optimism on the performance of the Qatar equity for the long-term, saying that the selling made as response to declining oil prices this year were overdone. A report released today by More...

energy-oil_rig-1
By Staff writer On Friday, December 18th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.33 a barrel on Wednesday, compared with $32.61 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

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By Staff writer On Friday, December 18th, 2015
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Central Bank of the UAE announces raised interest rates

The Central Bank of the UAE has announced that as of today, December 17th, 2015, it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar, More...

emirates-a380-courtesy-airbus
By Staff writer On Friday, December 18th, 2015
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Emirates Airline to deploy A380 on more routes in 2016

Emirates Airline today announced it will deploy its highly-popular A380 to even more destinations across its network in 2016 – reinforcing its commitment to provide an enhanced onboard experience for its passengers. Birmingham More...

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By Staff writer On Friday, December 18th, 2015
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Woqod Estimates QR1028 Million for 2016 Budget

WOQOD Board of Directors, Chaired by Sheikh Saoud Bin Abdulrahman Al-Thani, the Chairman of the Board of Directors, held its ordinary meeting on the evening of Wednesday 16 December 2015, at WOQOD Tower, Al-Dafna, More...

welder-in-the-dark-2
By Staff writer On Thursday, December 17th, 2015
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Strong core sectors to sustain demand for steel fabricators

An upcoming trade event for the steel fabrication and metal working industry is looking at leveraging rising demand from core sectors of the industry in the country and the region. Experts point out that UAE’s More...

SONY DSC
By Staff writer On Thursday, December 17th, 2015
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TW Audio Germany launches TWME service Middle East from UAE office

SONY DSC TW Middle East, TWME, a subsidiary of TW Audio Germany that manufactures high end professional speakers, has officially launched its UAE office in order to serve the wider Middle Eastern region. The pioneer More...

Qna_Made_in_China_08042015
By Staff writer On Thursday, December 17th, 2015
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Al Sada Opens Qatari-Chinese Trade Forum

On the sidelines of the “Made in China” Expo, which was opened Tuesday by HE Dr. Mohamed bin Saleh Al Sada, Minister of Energy and Industry, the Qatari-Chinese trade forum was held at the Doha Exhibion More...

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By Staff writer On Thursday, December 17th, 2015
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Qatar Stock Index Gains 72.23 Points

Qatar Stock Exchange (QSE) index gained 72.23 points (+0.74%) when the bourse closed trading at 9,862.03 points on Wednesday. The daily turnover increased to QR 2.280 Billion with a volume of 7,044,666 shares from More...

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By Staff writer On Thursday, December 17th, 2015
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DP World invests US$1.9 billion in China

In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, DP World today announced that it will invest in two projects at More...

1957_2
By Staff writer On Wednesday, December 16th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$32.60 a barrel on Monday, compared with US$33.76 the previous Friday, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

1435563902_Katara Towers Lusail Marina District
By Staff writer On Wednesday, December 16th, 2015
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Katara Hospitality Receives Three World Travel Awards in Morocco

Katara Hospitality received three prestigious awards at the World Travel Awards; ‘World’s Leading Hospitality Company’ for the third year running, ‘World’s Leading Hotel Suite’ for the Katara Suite at More...

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By Staff writer On Wednesday, December 16th, 2015
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Real Estate Trading Volume Hits QR One Billion in a Week

The total value of trading in real estate sales contracts registered with the Real Estate Registration Department at the Ministry of Justice from December 06 to December 10 amounted to QR 1,446,304,311. According More...

plane-hoverboards-collage
By Staff writer On Wednesday, December 16th, 2015
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Qatar Airways Bans Hoverboards and Other Portable-Powered Vehicles

Qatar Airways today announces a ban on battery-powered personal vehicles commonly known as ‘hoverboards’ on all aircraft as it continues to put the safety of passengers and crew first. Effective immediately, More...

eti
By Staff writer On Tuesday, December 15th, 2015
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Etihad Airways partners with Cognizant to reimagine digital guest experience across the group

Etihad Airways , the national airline of the United Arab Emirates, and Cognizant, a leading provider of information technology, consulting, and business process outsourcing services, today announced a strategic More...

images
By Staff writer On Tuesday, December 15th, 2015
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Nearly AED4 billion worth of deals signed at Sial Middle East Exhibition

Over AED3.7 billion worth of trade agreements were signed during the three-day sixth annual Sial Middle East exhibition, an event for the region’s food, drink and hospitality sectors, organisers said. Amongst More...

peak-oil-demand-is-coming-but-heres-why-its-not-good-news
By Staff writer On Tuesday, December 15th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$33.76 a barrel on Friday, compared with US$34.69 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

QNA_Korea_Qatar_14122015-(5)
By Staff writer On Tuesday, December 15th, 2015
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South Korean-Qatari Committee Begins

The Qatari-Korean Joint Higher Strategic Committee began its third meeting today under the co-chairmanship of HE the Minister of Energy and Industry Mohamed bin Saleh Al-Sada and the South Koran Minister of Trade, More...

qna_ooredoo-qatairways_14122015
By Staff writer On Tuesday, December 15th, 2015
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Ooredoo, Qatar Airways Signs MoU for Onboard Wi-Fi

Ooredoo and Qatar Airways today signed a Memorandum of Understanding (MoU) that will see Ooredoo sponsor Qatar Airways’ Onboard Wi-Fi service to enhance the customer experience on Qatar Airways flights and provide More...

image-transguard-ncr-partnership-1
By Staff writer On Monday, December 14th, 2015
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Emirates Group company and NCR launch full service ATM solution

UAE banking community to benefit from outsourcing of end-to-end ATM network management; 50% annual cost savings with CAPEX reductions   UAE-based Transguard Group, a part of the Emirates Group, has signed a partnership More...

kingston-s
By Staff writer On Monday, December 14th, 2015
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Kingston Stanley to Donate a Percentage of each December Earnings to Dubai Cares

Kingston Stanley provides marketing recruitment services to facilitate contingent and retained recruitment. The agency operates as a preferred supplier to many of Dubai’s most successful local, global and SME More...

Dr. Tommy Weir, Advisor and Author
By Staff writer On Monday, December 14th, 2015
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Experts to discuss ‘The 2016 Economic Outlook’ in Dubai

Dr. Tommy Weir, Advisor and Author The 2016 Economic Outlook discussion, which is scheduled for Monday, 14 December, will comprise a group of experts in their respective fields sharing perspectives on the UAE and More...

Building-with-new-logo
By Staff writer On Monday, December 14th, 2015
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QNB Selected as “Best Customer Experience – Overall Bank in Qatar”

QNB, was named “Best Customer Experience – Overall Bank in Qatar by Ethos Integrated Solutions. The prestigious award was announced during the 11th Annual Customer Experience Benchmarking Index awards More...

stock-market65
By Staff writer On Monday, December 14th, 2015
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Qatar Stock Index Drops 371.17 Points

Qatar Stock Exchange index dropped 371.17 points or -3.71% when it closed at 9,643.65 points on Sunday. The daily turnover increased to QR 262.143 Million with a volume of 6,910,161 shares from 4,226 deals compared More...

Qna_Qatargas_12122015
By Staff writer On Monday, December 14th, 2015
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Qatar Gas Tanker Arrives in Poland

The first-ever gas carrier from Qatar arrived in Poland on Friday to help the eastern EU member diversify its energy supplies and reduce its dependence on Russia. The Al Nuaman vessel carried 210,000 cubic metres More...

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By Staff writer On Friday, December 11th, 2015
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Dubai to host International Autumn Trade Fair 2015

Dubai will play host to the International Autumn Trade Fair (IATF) 2015 from 16-18 December 2015 at Dubai International Convention & Exhibition Centre. Organisers said that UAE per capita trade reached USD 69,704 More...

By Staff writer On Friday, December 11th, 2015
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OPEC Monthly Oil Market Report for December 2015

The OPEC Reference Basket declined by around 10% in November as lower refinery crude intake added to the oversupply in the market, according to OPEC Monthly Oil Market Report for December 2015. The Basket lost $4.52 More...

QIA(1)
By Staff writer On Friday, December 11th, 2015
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QIA Owns 10.5% of Accor Hotels Group’s Shares

Qatar Investment Authority (QIA) Wednesday announced it has signed an agreement with Accor Hotels Group, Kingdom Holding Company (KHC) of Saudi Arabia and Oxford Properties, an Ontario Municipal Employees Retirement More...

By Staff writer On Friday, December 11th, 2015
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Qatar Stock index Drops 4.02 Points

Qatar Stock Exchange index dropped 4.02 points or -0.04% when it closed at 10,014.82 points on Thursday. The daily turnover decreased to QR 256.232 Million with a volume of 7,039,401 shares from 4,125 deals compared More...

Hadeel at Al Raha Beach
By Staff writer On Thursday, December 10th, 2015
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Aldar Properties’s residential developments progress according to schedule

Hadeel at Al Raha Beach Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, is making strong progress across its residential development projects, More...

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By Staff writer On Thursday, December 10th, 2015
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DGCX Trading volumes increase by 41 %

As the Dubai Gold and Commodities Exchange (DGCX) celebrated its 10th anniversary on 21st November, stellar volumes proved to be indicative of the Exchange’s success over the past decade. The Exchange recorded More...

Akwaaba African Travel Market
By Staff writer On Thursday, December 10th, 2015
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Dubai Tourism reinforces commitment to African markets

Akwaaba African Travel Market Dubai Tourism and its city partners have stimulated interest from African markets after a series of exciting on-ground consumer and trade activations at the Akwaaba African Travel Market More...

hassad-gallery4
By Staff writer On Thursday, December 10th, 2015
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Hassad Food Makes Strides in Qatar’s Food Security

Qatar’s premier investor in the food and agri-business sectors, Hassad Food, aimed since its establishment to build a global portfolio of trusted product brands that spans across various markets, and operates More...

British Airways 787-9 External 1
By Staff writer On Thursday, December 10th, 2015
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British Airways to launch the new Boeing 787-9 Dreamliner on its Dubai route from October 2016

British Airways has announced that its new Boeing 787-9 Dreamliner, complete with a new First cabin, will start flying to Dubai from October 2016. This announcement follows the hugely successful launch of the 787-9 More...

qib-atm-cdm-banking-banner
By Staff writer On Thursday, December 10th, 2015
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QIB Named Bank Of The Year Qatar 2015

Qatar Islamic Bank (QIB) has been recognized for the first time as the “Bank of The Year -Qatar 2015″ by The Banker magazine– the World’s longest running international banking title and the leading More...

Bentley steals the show at Vision-X
By Staff writer On Wednesday, December 9th, 2015
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LUXURY STEALS THE SHOW AT VISION-X AS BENTLEY MAKES ITS MARK

Eyewear at AED28,000 a piece spotlights consumer appetite for luxury at region’s biggest optical trade show     Would you spend AED28,000 on a pair of sunglasses or other fashion eyewear? You might if you drove More...

Silver-Tier-Cards
By Staff writer On Wednesday, December 9th, 2015
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Emirates Skywards unveils 2016 card designs from 5th Art of Travel competition

Emirates Skywards, the airline’s award-winning frequent flyer programme has unveiled new designs for its membership cards in 2016. Each of the four cards features winning designs from aspiring artists around the More...

Mobile-App-1024x680
By Staff writer On Wednesday, December 9th, 2015
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Dubai Islamic Bank launches new mobile app for Apple IOS and Android platforms

Dubai Islamic Bank, DIB, the largest Islamic bank in the UAE, has announced the launch of its new mobile banking app for Apple IOS and Android platforms. The offering has been enhanced compared to previous versions More...

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By Staff writer On Wednesday, December 9th, 2015
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Real Estate Trading Volume Hits QR One Billion in a Week

The total value of trading in real estate sales contracts registered with the Real Estate Registration Department at the Ministry of Justice from November 29 to December 3 mounted to QR 1,406,064,016. According More...

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By Staff writer On Wednesday, December 9th, 2015
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QCCI, Tatarstan Chamber Sign MoU

Qatar Chamber of Commerce and Industry (QCCI) and Tatarstan Chamber signed here Tuesday a memorandum of Understanding (MoU) with a view to strengthening cooperation ties between the two countries. The MoU was signed More...

Crude-Oil
By Staff writer On Tuesday, December 8th, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$38.08 a barrel on Friday, compared with US$37.89 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

By Staff writer On Tuesday, December 8th, 2015
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DAMAC Properties at the forefront of Dubai’s global promotion with 237 promotional activities during first nine months of 2015

Luxury real estate developer DAMAC Properties has been at the forefront of Dubai’s global promotion efforts by conducting 237 promotional activities during the first nine months of 2015 – almost one event a More...

NBF-Bur-Dubai-Office1
By Staff writer On Tuesday, December 8th, 2015
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NBF wins “Best Local Bank in UAE” award

National Bank of Fujairah, NBF, announced today that it has won the award for ‘Best Local Bank – UAE’ at the EMEA Finance Middle East Banking Awards 2015. Organised by EMEA Finance, a bi-monthly publication More...

stock-marketht
By Staff writer On Tuesday, December 8th, 2015
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Qatar Stock index Drops 91.49 Points

Qatar Stock Exchange index dropped 81.49 points or -0.78% when it closed at 10,418.47 points on Monday. The daily turnover decreased to QR 235,298 Million with a volume of 5,037,663 shares from 3,269 deals compared More...

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By Staff writer On Tuesday, December 8th, 2015
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Ooredoo and Es hailSat Sign Major Agreement

Ooredoo and Es’hailSat Monday signed a major development and collaboration agreement that will see the two leading Qatari companies work together on a range of new satellite and world-class communication services More...

internet-of-things-everything-you-need-to-know
By Staff writer On Monday, December 7th, 2015
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Etisalat pledges UAE ‘Internet of Things’ ecosystem

Etisalat today outlined the possibilities that the Internet of Things, IoT, holds for the present and future of the UAE, and announced its key focus areas to enable the IoT ecosystem of the country. The IoT will More...

Emirates-supporting-World-Expo-2020
By Staff writer On Monday, December 7th, 2015
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Emirates details 2016 fleet retirements

Emirates has announced its fleet plans for 2016. In total, the airline will retire 26 aircraft, including twelve A330-300s, four A340-300s, one A340-500, six 6 Boeing 777-200ERs, two Boeing 777-300s and one Boeing More...

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By Staff writer On Monday, December 7th, 2015
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RasGas shares LNG industry trends

Despite some recent turbulence, the global business environment for liquefied natural gas (LNG) remains strong, and a continuous growth in demand is expected for years to come, said Khalid Sultan Al Kuwari, Chief More...

Copy of SyriaQNB
By Staff writer On Monday, December 7th, 2015
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QNB Group Hold Annual Strategy Conference in Doha

QNB Group, held its annual Strategy Conference this year under the theme ‘Shaping an Icon’, in Sharq Village and Spa hotel, Doha. The two-day Conference was hosted by the Group Chief Executive Officer More...

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By Staff writer On Friday, December 4th, 2015
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Energy and Industry Minister Leaves for Vienna to Attend OPEC Meeting

HE Minister of Energy and Industry Dr. Mohammed bin Saleh Al Sada has left for the Austrian capital, Vienna, to attend the 168th meeting of the Organization of Petroleum Exporting Countries (OPEC) which will be More...

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By Staff writer On Friday, December 4th, 2015
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Qatar Stock Index Drops 75.32 Points

Stock Exchange (QSE) index lost 75.32 points (-0.71%) when the bourse closed trading at 10,479.28 points on Thursday. The daily turnover decreased to QR 213.221 million with a volume of 5,021,527 shares from 3,102 More...

QNA_QatarGas_New_012012
By Staff writer On Thursday, December 3rd, 2015
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Qatargas unveils future direction

Qatargas held its 17th annual Town Hall meetings that provided an open forum for employees to discuss with the senior management, matters related to the Company and seek clarification on a wide range of subjects More...

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By Staff writer On Thursday, December 3rd, 2015
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Al Khalij Cement Company Starts Pilot Production in Expansion Project

Al Khalij Cement Company, a subsidiary of Qatari Investors Group, announced that it has started its trial production for the expansion line, which has cost an investment of 800 million Qatari Riyal, as previously More...

Best-Class-Product
By Staff writer On Thursday, December 3rd, 2015
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Etihad Airways named best First Class and Best Long Haul Airline in Middle-East And Africa

Etihad Airways, the national airline of the United Arab Emirates, has been named Best First Class and Best Long Haul Airline Middle-East and Africa at the AirlineRatings.com 2016 Airline Excellence Awards. AirlineRatings.com, More...

Picture_8
By Staff writer On Thursday, December 3rd, 2015
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UAE “leads the way” in female empowerment

2015 saw a series of milestones being reached in the field of women’s empowerment. In February, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, More...

QNA_NibrasEnergy_01122015-(3)
By Staff writer On Wednesday, December 2nd, 2015
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Nebras Power Acquires QEWC Shares in AES Oasis Ltd

Nebras Power has announced that it has entered into an agreement to acquire Qatar Electricity and Water Company (QEWC) stake in AES Oasis Ltd, which owns a 60 percent stake in AES Jordan HoldCo Ltd, which owns the More...

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By Staff writer On Wednesday, December 2nd, 2015
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HFZA promotes its facilities at the Big 5 International Building and Construction Show

Hamriyah Free Zone Authority (HFZA) displayed its facilities at the Big 5 International Building and Construction Show which concluded recently at Dubai World Trade Center. “The show, which attracted over More...

Qatar-Holding-new-investment-arm
By Staff writer On Wednesday, December 2nd, 2015
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Qatar Stock Index Gains 444.24 Points

Qatar Stock Exchange (QSE) index gained 444.24 points (+4.40 percent) when the bourse closed trading at 10,535.05 points on Tuesday. The daily turnover decreased to QR 687,215 million with a volume of 15,344,771 More...

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By Staff writer On Wednesday, December 2nd, 2015
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OPEC daily basket price

The price of OPEC’s basket of twelve crudes stood at US$38.93 a barrel on Monday, compared with US$39.08 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes More...

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By Staff writer On Wednesday, December 2nd, 2015
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Qatar Airways Launches Daily Service to India’s Nagpur

Qatar Airways will offer non-stop flights to Nagpur from Doha, effective Tuesday, taking the airline’s total weekly passenger flights from 95 to 102 across 13 key cities in India. “We are delighted to More...

MBR solar park
By Staff Writer On Wednesday, December 2nd, 2015
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Solar in the land of “black gold”

Following the launch of the UAE’s Clean Energy 2050 plan the UAE is going to be key to the International Energy Agency’s (IEA) goal of satisfying up to a third of global power demand with renewables by 2060, More...

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By Staff writer On Tuesday, December 1st, 2015
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H1 UAE non-oil trade revenue hits AED 534 billion

The non-oil direct trade of the UAE stood AED 534.1 billion in first half of 2015 compared to AED 521.8 billion year-on-year, achieving a growth of 2 percent, according to the preliminary statistical data of the More...

Inpex - Songa Venus
By Staff writer On Tuesday, December 1st, 2015
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Gulf Drilling Trims Working Costs of Rigs

Gulf Drilling International Limited (GDI) has cut down operational costs of its onshore and offshore rigs, a Qatar Stock Exchange bulletin said Monday citing a statement issued by Gulf International Services on More...

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By Staff writer On Tuesday, December 1st, 2015
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Qatar to Host First Gulf Forum on Standardization in Education

Qatar will host the first Gulf Forum on Standardization in Education on December 8-9 with the participation of a number of experts and specialists in the fields of education and standardization in the GCC states, More...

clean_energy
By Staff writer On Tuesday, December 1st, 2015
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Dubai takes the lead in clean energy

A UAE newspaper has said that Dubai is showing the way forward as the world gathers in Paris to find a global deal on how to stop climate change and make the world a sustainable habitat for all. The Dubai Clean More...