Search Results for: "AD Ports"

New Saudi ambassadors take up posts in Washington and London

Princess Reema bint Bandar bin Sultan, who presented her credentials in Washington, is the kingdom’s first female ambassador

grand mosque

UAE declares Eid Al Adha holidays for public, private sectors

The government has announced four days of holidays

Canada export agency lifts “closed” status on Saudi Arabia-related business

Export Development Canada changed its position from “closed” to “open on a restricted basis”

Russia leads as top crude supplier to China, overtakes Saudi

Arrivals from Saudi Arabia fell 25 per cent last month from a year ago to 1.108 million bpd

One dead, 21 wounded in Houthi attack on Saudi airport

A suspected drone reportedly hit the parking lot in Abha airport

US economic plan for Mideast peace faces broad Arab rejection

The $50bn “peace to prosperity” plan is set to be presented by Trump’s son-in-law Jared Kushner at a conference in Bahrain next week

hermes menswear

Watch the Hermès SS20 Men’s Ready-To-Wear Show live here

It will take place this Saturday in Paris at 10pm GST

Ex-UEFA head Platini released after being questioned over Qatar World Cup

Platini’s lawyer, William Bourdon, said his client was innocent of all charges

How this Dubai school is addressing the challenge of the future workplace

Integrating the education sector with industry is key to creating the workforce of the future, says CEO of Dubai’s FirstPoint School

Abu Dhabi’s ADNOC, OCI partner to create MENA’s largest fertilizer producer

The JV will become the largest export-focused nitrogen fertilizer platform globally

Global economy on leading edge of recession

It seems more likely than not the downturn will deepen in the next six months unless action is taken to turn it around, writes Reuters columnist John Kemp

Dubai Airports to impose ban on single use plastics from 2020

Dubai Airports said it recycles over 43,000 tonnes of paper, glass and other waste every year

Dubai’s DP World wants to operate ports along Russia’s northern sea route

The northern sea route (NSR) requires new ports and heavy icebreakers to move goods

Dubai’s new venue Coca Cola Arena readies for its opening on June 6

The venue has the capacity to seat 17,000 people

Abu Dhabi’s airports, ports and power firms moved to new holding company

The holding company will make it easier for the seven state-owned firms to raise debt and improve services

Commercial Bank of Dubai responds to reports of merger

The bank said there are no discussions concerning “mergers, acquisitions or activities of a similar nature”

Billionaire Hinduja brothers weigh bid for Etihad-backed Jet Airways

The Mumbai-based Hinduja Group is in talks with Jet founder Naresh Goyal and investor Etihad, according to media reports

Fujairah denies reports of explosions at port

Media reports claimed that “several heavy explosions” took place in the Fujairah port on Sunday morning

Etihad submits bid for India’s Jet, eyes minority stake

The struggling Indian airline is saddled with roughly $1.2bn in bank debt

Emirates reports 69% profit drop as high oil prices, strong dollar hit earnings

The airline’s fuel bill – its “biggest-ever”, accounted for 32 per cent of operating costs

Saudi Arabia’s oil exports to stay below 7 million bpd in June

Riyadh is reluctant to boost oil supply too quickly and risk a price crash and a build-up in inventories

Nakheel awards Dhs8.6m contract for 5km cycling, running track at Nad Al Sheba

The cycling track, jogging route and outdoor gyms are slated for delivery next year

JCDecaux wins 10-year advertising contract for Abu Dhabi’s new Midfield Terminal

Abu Dhabi’s Dhs10bn Midfield Terminal is slated to open by the end of this year

Dubai’s Emaar Properties reports 7.2% rise in Q1 profit as sales soar

Property sales jumped 53 per cent to Dhs5.98bn in the first three months of the year

Saudi oil output may rise in June, but US may not get the extra exports it wants

Riyadh often lifts output in the hot summer months to fuel oil-fired power plants and meet rising electricity demand

Abu Dhabi banks ADCB, UNB and Al Hilal merge to create third largest UAE lender

The enlarged ADCB group, listed on ADX, has Dhs423bn in assets and over one million customers

Saudi Arabia reports first quarterly budget surplus since 2014

Saudi Arabia plans to increase state spending by 7 per cent this year

Oil hits 2019 high as US ends all waivers for Iran oil imports

Brent crude futures rose $2.07, or 2.88 per cent, to settle at $74.04 a barrel on Monday

Oil up on Saudi, Russia meeting

Saudi Arabia oil exports fall to 6.977m bpd in Feb

The kingdom pumped 10.136 million bpd in February, down from 10.243 million bpd in January

Dubai’s Emirates to operate first scheduled A380 service to Riyadh

The jumbo jet will operate the route five times a week