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DP World to defend its rights in Djibouti port

DUBAI / WAM DP World said on Tuesday that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA in face of Djibouti’s blatant disregard for the rule of law and respect for commercial contracts.On September 9 the President of Djibouti enacted a decree which purportedly transferred the shareholding of Port de Djibouti SA in Doraleh Container Terminal SA to the Government of Djibouti.DP World said the transfer appears to have been made in an attempt to flout an injunction of the English High Court which restrains PDSA...


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UAE News

12/02/2019

WGS 2019: Dubai 2040 plan will be shaped by technologists, artists and innovators

DUBAI, 12th February, 2019 (WAM) -- Dawood Al Hajiri, Director-General of Dubai Municipality, today provided a view of Dubai’s sustainable future where the emirates will be proactively shaped by innovators, technologists, artists and the public. Al Hajiri spoke at a session titled ‘Rethinking Cities of Tomorrow: A Human-Centric Approach’ on the concluding day of the seventh World Government Summit (WGS 2019). "Technology, particularly AI, is central to the Dubai 2040 urban plan. As stated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, we will build a city of the future through...
12/02/2019

Largest showcase of Dutch Golden Age masters's works in Gulf region opens 14th February

ABU DHABI, 12th February, 2019 (WAM) -- Louvre Abu Dhabi will present 'Rembrandt, Vermeer and the Dutch Golden Age: Masterpieces from The Leiden Collection and the Musée du Louvre', from 14th February through 18th May 2019. It constitutes the largest exhibition of Dutch Masters from the 17th century held in the Gulf region to date. This extraordinary assemblage of 95 paintings, drawings, and objects - including more than 20 works from across Rembrandt van Rijn’s career and by his workshop - surveys Rembrandt’s artistic journey in 17th-century Leiden and Amsterdam, as well as his relationships with rivals and peers including...
12/02/2019

Emirates flies nine special flower charters covering five continents

Every year, millions of roses are gifted worldwide on Valentine's Day resulting in a spike in demand for flowers in early February. To meet this requirement, major flower-producing nations around the world including Kenya and Ecuador harvest and air-freight additional quantities of roses to important global centres of flower distribution such as the Aalsmeer market in the Netherlands and directly to customers around the world. Emirates SkyCargo, the freight division of Emirates, operates daily scheduled freighter flights to Nairobi and four weekly freighters to Quito around the year to uplift flowers that are then flown to destinations across its network....

12/02/2019

Mohammed bin Rashid receives state leaders during WGS 2019

DUBAI, 12th February, 2019 (WAM) -- His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, received at the Al Naseem-Madinat Jumeirah Hotel this morning a number of heads of state and government participating in the World Government Summit, which concludes in Dubai today. Present during the meetings was H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. --- More ---
12/02/2019

Up to 50% remittance fees discount for Overseas Filipino Workers

Filipino expats in the UAE may soon get up to 50 per cent concession on remittance fees when they send money to their families in the Philippines. A bill seeking to grant Overseas Filipino Workers (OFWs) discounts to their remittances was approved by The House of Representatives, The Filipino Times reported. This has been done to acknowledge their contribution to the national economy. The proposed 'Overseas Filipino Workers (OFWs) Remittance Protection Act' stipulates that banks and non-bank financial intermediaries shall provide a mandatory discount on remittance fees of 10 to 50 per cent depending on the amount to be remitted,...
12/02/2019

60 nations to take part in defence exhibition in Abu Dhabi

More than 1,300 defence firms and entities are expected to flock to Abu Dhabi next week, for the 14th edition of the International Defence Exhibition (Idex 2019) and the fifth edition of the Naval Defence Exhibition (Navdex 2019). The largest specialised defence exhibition in the region is expected to generate signed partnerships that are greater than the nearly Dh20-billion deals that were produced in the previous edition, said organisers. Idex and Navdex 2019 will run from February 17 to 21 at the Abu Dhabi National Exhibition Centre (Adnec). Celebrating its silver jubilee, this year's exhibition is set to become the...