Corporate

Emaar Development to propose AED1.04 billion dividend to shareholders

Emaar Development has announced that it will propose the distribution of AED1.04 billion (US$283.15 million) dividend
ADNOC reaches major milestone with first-ever UAE Calcined coke export shipment

The first ever shipment of UAE produced Calcined coke has begun its maiden voyage to mainland China. 10,500 tonnes of
Dubai Municipality announces investment opportunities for major parks in the emirate

Dubai Municipality has announced several investment opportunities in the emirate's public parks, such as the event
Al Tayer, Brazilian Ambassador discuss cooperation

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, has met with Fernando Luis Lemos
More than 1,000 millionaires chose to move to Dubai in 2018: Report

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, said that the UAE has been able to create
Japan's Suzuki in domestic recall of 2m vehicles

Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically,
Amazon to pull plug on China retail operations

Amazon is planning to close down online retail operations catering to consumers in China, in an apparent admission of
Jet shares nosedive after flights grounded, lenders 'hopeful'

Jet Airways shares plunged more than 32 percent on Thursday, hours after the Indian carrier's final flight landed
Phase 2 of Jebel Ali Sewage Treatment Plant completed

The Dubai Municipality has announced that the second phase in the expansion of the Jebel Ali Sewage Treatment Plant has
Etihad Airways to operate single-use plastic free flight on Earth Day

Etihad Airways will be the first airline in the region to operate a flight without any single-use plastics on board, in
BMW to recall 360,000 China cars over Takata airbags

Germany's BMW will recall 360,000 vehicles in China as part of the worldwide effort to root out defective airbags made
Musanada: Dh58m Al Aryam Bridge Interchange completed

Abu Dhabi General Services Company, Musanada, has announced that the nearly AED58 million Al Aryam Bridge Interchange
New high bay container storage system launched as “boxbay”

A new international joint venture that aims to change the way that containers are handled in ports has been launched by
Interline agreement between Emirates Airline, Africa World Airlines

Emirates Airline and Ghana's Africa World Airlines, AWA, have announced a one-way interline agreement whereby Emirates
Emirates implements plans for effective travel following Dubai runway closures

With the Southern Runway revamp starting tomorrow at the Dubai International Airport, Emirates Airline has said that it
American Airlines to cancel 115 flights daily over 737 MAX

American Airlines announced Sunday it would scrap some 115 flights per day in the coming months because its fleet of
Renting flat-pack furniture? Ikea's push to go green

Ikea will start renting and recycling furniture worldwide as part of an eco-friendly drive to address concerns its
ADNOC announces Pipeline Infrastructure Investment Agreement with ADRPBF

The Abu Dhabi National Oil Company, ADNOC, announced today that it has entered into a follow-on pipeline infrastructure
Khor Fakkan to launch numerous development, heritage projects

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, will launch today, Saturday
Amazon, Walmart trade barbs on taxes, wages

The Amazon-Walmart battle for retail supremacy veered into a trash-talk phase on Thursday over worker pay and alleged
Boeing to meet with US airlines over 737 MAX

The US Federal Aviation Administration (FAA) announced Thursday it would meet with American commercial airlines that
India's stricken Jet Airways cancels international flights, grounds more planes

India's government said Friday it would investigate Jet Airways' ability to keep flying as the debt-stricken carrier
Singapore airport nature dome unveiled in fight for flights

A 40-metre indoor waterfall cascading through a steel and glass dome is at the heart of a vast complex in Singapore's
Ahmed bin Saeed opens headquarters for Integrated Service Solutions

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of
Emirates Transport signs contracts worth Dh225m in Dubai, Sharjah

Emirates Transport signed new contracts during the first quarter of the current year with several customers in Dubai