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Tag Archives: United Arab Emirates

UAE’s probe, hope, could fly to Mars by 2020

LONDON: The Oil-rich nation, United Arab Emirates (UAE) had just signified its intention of sending its very own space probe named Hope to Mars in 2020 and become only the fourth country to do such. Hope will be built to examine the red planet’s atmosphere, and the UAE’s young space program has divulged its lofty ambition of putting it into ... Read More »

Dubai customs commemorates int’l Heritage Day

DUBAI: As a part of its efforts to revive the popular heritage of the United Arab Emirates, Dubai Customs celebrated the World Heritage Day within its headquarter on Thursday, under the theme “No Past.. No Future”, in the presence of H.E. Ahmed Mahboob Musbih, director of Dubai customs, Abdullah al-Mutairi, an adviser at Dubai Culture and Arts Authority, Engineer / ... Read More »

UAE issues companies law, relieving stock market flotations

DUBAI: United Arab Emirates has issued companies law that loosens rules covering stock market flotations and aims to attract more investment by moving corporate regulation closer to international standards. Officials had discussed the law for at least six years and it went through multiple drafts as the Arab world’s second-biggest economy balanced its desire to attract more foreign capital with ... Read More »

UAE signs customs deal with Morocco 

DUBAI: United Arab Emirates signed an agreement with Morocco in Casablanca for providing mutual administrative assistance in customs matters. The new agreement aims at facilitating trade between the two countries and promoting cooperation between their respective customs services, the central administration of Morocco’s customs said in a statement sent to MAP on Thursday. The agreement was inked within the framework ... Read More »

Russian companies foresee business opportunities in Gulf region amid weak rouble

MOSCOW: Russian companies, participating at Gulfood 2015 in United Arab Emirates showed keen interest in doing business in Gulf Cooperation Council (GCC) countries as Russian currency weakened these days. “We want to increase our business in the Middle East. We want to find new clients in new countries where we can sell our products,” said Dmitriy Volobuev, commercial director at ... Read More »

Brazil levies anti-dumping against China, Mexico, Saudi Arabia, Egypt, UAE, US

BRASILIA:  An economic downturn has the Brazilian government turning to anti-dumping measures against China and other countries, according to analysts. A month ago the Brazilian Foreign Trade Chamber made antidumping charges levied on float glass imports from China and five other countries permanent. The duties were also placed on imports from the, Saudi Arabia, Egypt, the United Arab Emirates and ... Read More »

Dubai policeman wins Guinness World Record for having 8000 pieces Nintendo collection worth £250,000

DUBAI: Policeman who lives in the United Arab Emirates emerges as the biggest lover of Nintendo and wins a Guinness World Record for his 8,000 piece collection. Ahmed bin Fahad’s Nintendo obsession has cost him Dhs1.5 million, the equivalent of over £250,000. But it’s netted him a place in the record books and the unending envy of fellow fans. The ... Read More »

Saudi Arabia, Egypt stock markets plunge

DUBAI: Saudi Arabia and Egypt stock markets rimed down in early deal and bourses in the United Arab Emirates and Qatar also gave up gains as the meeting in global equities emerges to collapse. By blue chips Saudi Arabia’s main index cut down 0.3 percent among a varied performance. Petrochemicals giant Saudi Basic Industries gained 0.6 percent, the kingdom’s biggest ... Read More »

Nawaz welcomes 350 delegates on int’l trade moot

ISLAMABAD: With participation of 350 delegates, an international moot titled “Invest Pakistan: priority sectors and legal framework for investment in the country” will start here today. The event will highlight Pakistan’s investment regime and opportunities for investors in different economic fields. Prime Minister Nawaz Sharif will inaugurate the two-day conference. The Board of Investment is organising the moot to show Pakistan’s ... Read More »