Sunday 24 September 2017
 
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New UAE-Iraq team aims to boost bilateral trade

Senior government officials of the UAE and Iraq have agreed to form a joint working team or technical committee to enhance investment cooperation and to identify related priorities in key sectors of the Iraq as it undergoes reconstruction. Sultan bin Saeed Al Mansoori, UAE Minist

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Seatrade summit to highlight fall in ship finance

A capital shortfall of billions of dollars in the shipping sector, this year alone, as European banks scale back ship financing operations will be discussed at the upcoming Seatrade Offshore Marine & Workboats Middle East (SOMWME) in Abu Dhabi, UAE. The event runs at the Abu

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Gulf Capital announces sale of UAE portfolio firm

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, has announced full exit from its portfolio company, Reach Employment Services, a leading manpower outsourcing company in the UAE, generating a return of over two times its original investment.

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World Green Economy Summit to highlight role of innovation

The fourth World Green Economy Summit (WGES) 2017 in Dubai next month will highlight the role of innovation and technology in the transformation towards the green economy. The event will be held under the patronage of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and P

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Global air freight tonnage grows 11.8pc

The annual growth in air freight tonne kilometres (FTKs) accelerated to 11.8 per cent in the three months ended July, its fastest pace since late-2010, an International Air Transport Association (Iata) report said.   Airline heads of cargo remain positive about

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DP World, IGY Marinas to build superyacht complex in France

Dubai-based global marine terminal operator DP World said one of its units P&O Marinas, has joined hands with top marina operator and developer IGY Marinas to build a major superyacht marina project in Sète (also called the “Little Venice” of France). Once

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Serta launches new sleep system at The Hotel Show

Dubai Furniture Manufacturing Company (DFMC), a market leader in premium mattress segment in the Middle East, will launch Serta’s iComfort sleep systems at The Hotel Show, a leading hospitality event in the region. From September 18 to 20, Serta will showcase the iComfort r

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DMCC signs strategic deal to boost China ties

Dubai Multi Commodity Centre (DMCC) has signed a partnership agreement with the Xi'an International Trade and Logistic Park at the Xian Dubai Free Trade Zone Economic Cooperation Conference 2017 in China. The Memorandum of Understanding (MoU) sets out to open doors for busine

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Bahrain showcases facilities at Seatrade Europe

A delegation from the Bahrain Tourism and Exhibition Authority (BTEA) took part in the ‘Seatrade Europe’ exhibition held in Germany recently. The event, from September 6 to 8, was also attended by representatives from the Economic Development Board, At Bahrain, Mathias Tour

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140 industry leaders for Gulf Glass

A total of 140 leading stakeholders in the glass industry are set to convene at the upcoming Gulf Glass, a leading industry event, in Dubai, UAE. The event runs from September 25 to 27 at the Dubai World Trade Centre. The event will focus on finished products, glas

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