Monday 23 July 2018

UAE 'a key Middle East stop for Silk Road project'

The UAE, due to its world-class infrastructure and the top rankings in the world’s quality indices, will be the most important stop on China's 21st Century Maritime Silk Road Initiative, said a report. The Industrial and Commercial Bank of China, one of the largest fina


Dafza to support 50 graduates of Coders initiative

Dubai Future Foundation (DFF) has signed a memorandum of understanding (MoU) with Dubai Airport Freezone Authority (Dafza) to support 50 graduates of the One Million Arab Coders initiative, said a report. The initiative was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vi


UAE-S Africa non-oil trade surges 23pc to $3.2bn

Non-oil foreign trade between the UAE and South Africa saw an increase of 23 percent last year to $3.2 billion from $2.6 billion in 2016, Sultan bin Saeed Al Mansouri, Minister of Economy was quoted as saying in a media report. Al Mansouri was delivering the keynote address at th


Gulf Pinnacle plans growth in school bus transport

Gulf Pinnacle Logistics, one of the leading school bus transport providers in the UAE, aims to sign more than five new schools adding thousands of students by the end of 2018, according to the top official of the company. Gulf Pinnacle Logistics (GPL), entered into the student bu


UAE-China trade tops $50 billion in 2017

The volume of economic and trade exchange between the UAE and China reached more than $50 billion in 2017, said Dr Ali Obaid Al Dhaheri, the UAE Ambassador to the People's Republic of China, wishing that this figure would double over the next 10 years. While meeting with the


Falcon Cement's 2017 revenue up 56pc

Falcon Cement Company (FCC), a leading integrated cement producer in Bahrain, said despite challenging market conditions and competition, it had achieved solid growth in its sales and market share.    Announcing the results at its annual general meeting (AG


Emirates Float Glass achieves key safety milestone

Emirates Float Glass (EFG), a wholly-owned subsidiary of leading diversified investments company Dubai Investments, has achieved a major safety milestone clocking one million man-hours without loss time injury for the second time in its history.   Set up in 2009


Bechtel launches new programme for Saudi women

Bechtel, a global leader in engineering, procurement and construction, has launched a pioneering women's empowerment programme in Saudi Arabia.    Working with Al Khaleej Training and Education organisation, Bechtel through the programme aims to increas


Majesty Yachts to make a splash at top shows

Gulf Craft, along with its exclusive Majesty Yachts dealer for France and Monaco, Aurora Yachts, will jointly showcase two magnificent superyachts at two of the most prestigious yachting events in Europe.   The remarkable Majesty 125 and Majesty 100 will both be


Oman Drydock reviews 56 investment opportunities for SMEs

Oman Drydock Company, a shipyard specialising in ship repair and conversion, recently organised ‘The Business Opportunities Forum’ in the Wilayat of Duqm at which it reviewed 56 investment and service opportunities for SMEs, said a report. About 300 SMEs, local suppli

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