News Agencies Feed

    Stock Market

    Beautyworld Middle East 2016 kicks off today in Dubai

    The 21st edition of Beautyworld Middle East 2016 in Dubai kicked off today in what promises to be the most exciting edition yet in its 21-year history.

    More than 1,530 exhibitors from 60 countries are participating at the region’s largest international trade show for beauty and wellbeing at the Dubai International Convention and Exhibition Centre.

    At least 60 exhibitors confirmed they would launch"...

    Continue Reading

    Starwood inks deal to run first hotel in Ras Al KhaimahMay 27, 2016

    Starwood Hotels & Resorts Worldwide has announced the signing of Four Points by Sheraton Ras Al Khaimah with Hamarain Real Estate.

    Scheduled to open in the first quarter of 2019, the hotel will be Starwood’s first property in Ras Al Khaimah and the fourth Four Points by Sheraton in the UAE, the hotel giant said in a statement.

    “We look forward to working together with Hamarain Real Estate to introduce our first property in Ras Al Khaimah,” said Neil George, senior vice president, Acquisitions & Development, Starwood Hotels & Resorts, Africa and Middle East.


    Continue Reading

    Brent crude surpasses $50 a barrel for first time this year May 27, 2016

    Oil prices crossed $50 a barrel for the first time in 2016 as supply disruptions; falling inventories and increased global demand continue to fuel a recovery.
    Brent crude hit $50.22 per barrel at one stage on Thursday, its highest level since early November.
    The surge followed US data showing that oil inventories had fallen after supply disruptions due to fires in Canada that reduced supplies by about a million barrels per day. Outages in Venezuela, and unrest affecting energy infrastructure in Nigeria have also caused supply disruptions.
    US crude oil inventories fell by 4.2 million barrels to 537.1 million barrels in the week to May 20, according to US Department of Energy data.
    Talks in recent months between"...

    Continue Reading

    Blessing of water makes happiness flow in UAE

    His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, visited the Mai Dubai bottled drinking-water company and factory in in Dubai.

    Saeed Mohammed Al Tayer, chairman of Mai Dubai; Jay Andres, CEO of Mai Dubai; and Mai Dubai staff welcomed Shaikh Mohammed to the premises.

    "The launch of the Mai Dubai bottled drinking-water company and factory supports the directives of Shaikh Mohammed to provide potable water according to the highest international standards and make Dubai the happiest city on earth for residents"...

    Continue Reading

    Dh4 parking fee from Saturday in Dubai

    Here's a reminder: The new parking fee of Dh4 per hour in the commercial areas of Dubai, covering 30,000 slots, has come into effect Saturday. Don't forget that the free parking period at noon has been abolished under the new policy and the new timings will be from 8am until 10pm during weekdays except Friday and public holidays.

    The parking fee in multi-level parking terminals has also been upped from Dh3 to Dh5 per hour to increase the rotation of using the parking slots in these buildings. However, the fee hike does not affect 77 per cent of the total number of paid parking slots in Dubai amounting to about 130,000 car parks.


    Continue Reading

    UAE car dealers announce CRAZY deals this Ramadan

    The holy month of Ramadan begins in a few days and if you are planning to buy a car, this is the time to close the deal. Car dealers in the UAE are advertising killer deals on new cars with attractive discounts, low or no down payment, and other freebies.

    Here are some of the best deals on wheels around town:


    Al-Futtaim Honda has special deals for customers across all UAE showrooms.

    The offer which is available across"...

    Continue Reading

    TRA confirmes UAE to host International Telecommunication Union’s Plenipotentiary Conference in 2018’

    (WAM) -- A high-level delegation from the Telecommunications Regulatory Authority, TRA, is representing the UAE at the 2016 session of the International Telecommunication Union, ITU, which was opened last May 25th, 2016 and will run until June 2nd, 2016 at the ITU’s headquarters in Geneva, Switzerland. The TRA is an elected member of the council, which is composed of 48 member countries out of the ITU’s 193 members. This is the countries third time to be elected and its eleventh time to participate in the council sessions demonstrating the UAE’s leading position across the international telecommunications industry and a reflection of the global appreciation for its contributions towards development and humanitarian causes.


    Continue Reading