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President meets Crown Prince of Qatar
Khalifa orders offering of US$10 million to Djibouti
Continuing occupation of UAE islands condemned
Ministry of Education coordinates with other concerned ministries to thrive "Resalat Hob" project
Ministry of Social Affairs launches 'Dirham Wa Bas' campaign
Dubai media persons to engage US Democratic Party Rep. on Middle East Policy
IPIC signs MoU with two partners to build fertilizer complex in Uzbekistan
Dubai Airports to start first phase of operations at T3 from Oct 14
Nakheel to seek US investments
Mubadala's first US$8b investment fund deal with GE in ’09 first quarter
DP World signs Dh2.7b deal for London port
Abu Dhabi’s external trade up 36.6 per cent
Dubai defies global downturn as value of trade increases by 50%
FCA denies reports on plans for tax hike on tobacco to 200pc level
Sharjah to have Dh120 million egg production project
Anti-piracy drive to boost consumer confidence
Bab Al Bahr's piling works completed ahead of schedule
Nujoom canals phase II work begins
Interior Ministry stresses the need for upgrading services at ADNRD
Dubai Municipality project gives beaches a facelift

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President meets Crown Prince of Qatar
posted on 21/08/2008

President HH Sheikh Khalifa bin Zayed Al Nahyan received in Abu Dhabi yesterday Crown Prince of Qatar HH Sheikh Tamim Bin Hamad Al Thani. At a meeting held at Al-Rowdha Palace in Al Ain, they reviewed the brotherly relations between the two countries. Sheikh Tamim conveyed the greetings from Emir of Qatar HH Sheikh Hamad bin Khalifa Al Thani to Sheikh Khalifa, who asked the Qatari crown prince to carry his greetings to the Emir of Qatar. The meeting was attended by Minister of Presidential ...  >>MORE


Khalifa orders offering of US$10 million to Djibouti
posted on 21/08/2008

President HH Sheikh Khalifa bin Zayed Al Nahyan, has issued instructions to offer US$10 million to Djibouti, as a support to its foreign balance of payment. Khalifa's gesture reflects brotherly ties, solidarity and assistance to the government of Djibouti to meet its obligations in regard to commodity imports and other necessary items. Djibouti Ambassador to UAE Idriss Ahmed Chirwa, hailed the initiative of Sheikh Khalifa, adding that "such gesture is expected from Sheikh Khalifa, who is always ...  >>MORE


Continuing occupation of UAE islands condemned
posted on 21/08/2008

Iran's failure to respond to the Gulf Cooperation Council's condemnation of its setting up of installations on UAE's Abu Musa Island shows the absence of a constructive view by the Iranian side. In a telephone interview with the Abu Dhabi television programme Al Madar, Abdul Rahman Al Attiyah, GCC Secretary-General, said Iran did not reply to the GCC's communiqué condemning Iran's setting up of two offices, a marine rescue centre and a registration office for ships and sailors on UAE's Abu Musa ...  >>MORE


Ministry of Education coordinates with other concerned ministries to thrive "Resalat Hob" project
posted on 21/08/2008

Mohammed Jumaa bin Hindi, Executive Director of Ministry of Education for Financial and Administration Affairs, has declare that the Ministry has fixed a plan that aims to cooperate with 'Resalat Hob' project, which is a letter of love that is going to be handed over to His Highness Sheikh Mohammed bin Rashid Al Maktoom, Vice President and Prime Minister of UAE and Ruler of Dubai, next December by students with special needs. Bin Hindi stated that Dr. Haneef Hassan, Minister of Education, has ...  >>MORE


Ministry of Social Affairs launches 'Dirham Wa Bas' campaign
posted on 21/08/2008

The Social Responsibility Fund, an Initiative of the Ministry of Social Affairs, today announced the launch of 'Dirham Wa Bas' Campaign (One Dirham Only), a campaign for raising funds for social care and development projects in the UAE. Supported by the Dubai International Financial Centre (DIFC), the ‘Dirham Wa Bas Campaign' invites financial contributions from the public to support the Social Responsibility Fund. By encouraging contributions of as little as a dirham, the Campaign seeks to ...  >>MORE


Dubai media persons to engage US Democratic Party Rep. on Middle East Policy
posted on 21/08/2008

Dubai is among the five international cities that the Democratic Party of the US has chosen as venues for a digital video conference on the foreign policy positions of the democratic candidate on the Middle East. Jerry Hagstrom, a political analyst and a senior leader of the Democratic Party, will engage media persons and policy specialists from the floor of the Democratic National Convention in Denver between 4 p.m.- 6.30 p.m. on Monday, August 25 at the Dubai School of Government. The ...  >>MORE


IPIC signs MoU with two partners to build fertilizer complex in Uzbekistan
posted on 21/08/2008

Abu Dhabi government owned-International Petroleum Investment Company (IPIC) of Abu Dhabi and Borealis signed a Memorandum of Understanding (MoU) with Uzbekistan's State Joint-Stock Company (Uzkimyosanoat) to conduct a feasibility study for the construction of a world-scale Fertilizer complex in Uzbekistan. State Joint-Stock Company Uzkimyosanoat consists of 12 chemical plants, 13 distributing companies, two engineering and scientific research institutes and a logistics company. Borealis is ...  >>MORE


Dubai Airports to start first phase of operations at T3 from Oct 14
posted on 21/08/2008

Dubai Airports has announced that a phased transition of operations to Dubai International's new Terminal 3, the multi-level underground structure measuring 300mX350m, will start from October 14, 2008. The 'soft' opening will be implemented in four phases, to ensure that systems and processes are working to the highest standards of efficiency, enabling customers to make their way through the facility as easily and speedily as possible. With a built-up area of approximately 515,000 square ...  >>MORE


Nakheel to seek US investments
posted on 21/08/2008

Senior executives of Nakheel are scheduled to go to the United States tomorrow to meet with a number of top US developers and investors seeking investment opportunities in Dubai. Leading the Nakheel team on this visit to Los Angeles will be CEO Chris O'Donnell and director of sales, marketing and customer service Manal Shaheen. They will be accompanied by a team of company professionals. The delegation will continue to pursue the company's strategy of highlighting the Dubai World-owned real ...  >>MORE


Mubadala's first US$8b investment fund deal with GE in ’09 first quarter
posted on 21/08/2008

Abu Dhabi's Mubadala Development Co. will make its first deal under an US$8 billion investment fund venture with General Electric Co. (GE) early next year, an official said on Wednesday. "The estimate for doing the first transaction is the first quarter," Waleed Al Mokarrab Al Muhairi, Mubadala's chief operating officer, told Zawya Dow Jones. GE and Mubadala, in late July announced an agreement that involves allocating US$4 billion each in equity for an investments targeting projects ...  >>MORE


DP World signs Dh2.7b deal for London port
posted on 21/08/2008

DP World said it has signed a £400 million (Dh2.7 billion) contract to build the first phase of a new port at London Gateway, being billed by the company as the most technically advanced container port in the world. This is the first major contract to be awarded in the £1.5 billion project, due to be built over the next 10 to 15 years. The contract is over five years, and will see the construction of the first phase of the port's quay providing three berths and over 1.2 kilometres of quay in ...  >>MORE


Abu Dhabi’s external trade up 36.6 per cent
posted on 21/08/2008

Abu Dhabi's external trade in July 2008 rose by 36.6 per cent over the same period in 2007 as the emirate emerges as a new trading hub in the region, said the General Administration of Customs Abu Dhabi. The overall trade volume was Dh8.59 billion in July this year against Dh6.289 billion for July 2007. According to the statistics, imports during July 2008 reached Dh7.492 billion compared to Dh5.141 billion in the same period in 2007 registering an increase of 46 per cent. Non-oil exports of ...  >>MORE


Dubai defies global downturn as value of trade increases by 50%
posted on 21/08/2008

In the first half of 2008, the value of exports and re-exports rose to £15 billion (Dh103.8 billion), a 50 per cent jump compared to the £10 billion in the same period last year. In the current climate of economic uncertainty, the outlook is still very positive for Dubai's trade sector, according to a report just released by the Dubai Chamber of Commerce and Industry (DCCI). In addition to overall growth, exports alone increased by 36 per cent to £4.9 billion compared to the same period ...  >>MORE


FCA denies reports on plans for tax hike on tobacco to 200pc level
posted on 21/08/2008

UAE's Federal Customs Authority (FCA) has asserted that it has no plans to increase tobacco tax to a 200pc level. Deputy Director General of the FCA Saeed Bin Khalifa Al Marri dismissed reports suggesting a 200pc tax hike as false, and said that it is not among the responsibilities of the Authority to take such decisions. Clarifying statements made at a press conference on Tuesday at the FCA headquarters, Al Marri said that tobacco tax was mentioned in the course of speaking about the Customs ...  >>MORE


Sharjah to have Dh120 million egg production project
posted on 21/08/2008

The Sharjah Agriculture Development Corporation (SADC) has embarked upon a Dh120 million egg production project, which will occupy a total area of one million square foot. The project, to be executed in four phases over a period of two years at the Seeh Al-Lebsa area in Sharjah, will have a total output of 3,500 cartons of egg per day. According to Sheikh Faisal bin Khalid Al Qasimi, Proprietor and board chairman of the SADC, the project will help meet the local market demand and would, upon ...  >>MORE


Anti-piracy drive to boost consumer confidence
posted on 21/08/2008

The Chief of Dubai Customs has announced that the authority is intensifying its efforts to curb illegal trade in counterfeit products by seeking greater cooperation with their counterparts in the region and globally, including Interpol, to catch and punish those dealing in fake contraband goods. This comes close on the heels of its recent unveiling of the "Dubai Declaration in May 2008. The declaration that will be adopted by all countries in the Arab world and 173 countries of the World ...  >>MORE


Bab Al Bahr's piling works completed ahead of schedule
posted on 21/08/2008

Rakeen has announced that it has completed the piling works for half of the residential component of the Bab Al Bahr and is set to proceed with the construction of the residential units. Rakeen emphasized that the unobstructed workflow has been a significant success after a critical shortage of building materials as well as sharp increase in prices have affected several construction projects across the region. Rakeen also reported that main contractor Al Hamra Construction Company will start ...  >>MORE


Nujoom canals phase II work begins
posted on 21/08/2008

The canals within the Al Nujoom Islands project circulate water within nine days against the global average of 12 days, said the chairman of Al Hanoo Holdings yesterday. Water flow through the canal marked the beginning of phase two of the project said the developer. Sheikh Abdullah Al Shakrah, Chairman of Al Hanoo Holding, developer of Al Nujoom Islands project, said: "These water canals were made with the highest international standards to ensure water circulation inside the canals is done ...  >>MORE


Interior Ministry stresses the need for upgrading services at ADNRD
posted on 21/08/2008

Under Secretary of the Interior Ministry Lt. General Saif Abdullah Al Sha'afar has stressed the need for improving the quality of services at the Abu Dhabi Naturalisation and Residency Department. After an inspection tour of various facilities at the ADNRD, Sha'afar said that the new technological advance should fully be utilised to upgrade the quality of performance, thus making it easier for the people to deal with the department. – Emirates News Agency, WAM ...  >>MORE


Dubai Municipality project gives beaches a facelift
posted on 21/08/2008

Dubai Municipality's Environment Department is currently undertaking an ambitious project to rejuvenate beaches of the emirate as part of an integrated and continuous programme to be undertaken under the auspices of the Coastal Management Section. Director of Environment Department Eng. Hamdan Al Shaer said the municipality is giving a facelift to the emirate's beaches with the objective of improving the coastal environment as part of the emirate's strategy with regard to environment ...  >>MORE


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