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  • Dubai Maritime City to be represented at UAE-Korea Economic Partnership Forum

    WAM - Saturday 25th May, 2013

    WAM DUBAI, May 25th, 2013 (WAM) -- Dubai Maritime City (DMC announced today that a high-level team led by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World will participate in the UAE-Korea Economic Partnership Forum 2013. The event will be held under the patronage of the UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al ...

  • Saif bin Zayed receives Director General of Dubai Customs HCT Chancellor

    WAM - Saturday 25th May, 2013

    WAM ABU DHABI, May 25th, 2013 (WAM) -- H. H Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior has received in his office Ahmed bin Butti Al Muhairi, Director General of Dubai Customs and CEO of the Ports, Maritime and Free Zone Authority. Al Muhairi extended thanks and appreciation to Sheikh Saif for attending and participating at the WCO IT ...

  • Lubna on Worlds 100 Powerful Women list

    Business 247 - Saturday 25th May, 2013

    Sheikha Lubna bint Khalid Al Qasimi, UAE Minister of Development and International Co-operation, has been ranked 67the among the world's powerful women in 2013, according to the annual report released by the Forbes. She was also ranked the first at the Arab level, next to the Saudi businessperson Lubna Al-Elian. Forbes is an American business magazine owned by Forbes, Inc. Published ...

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  • DTC signs contract to rent ad space on 3500 vehicles

    Business 247 - Saturday 25th May, 2013

    Dubai Taxi Corporation (DTC) has signed a contract with Mobil’ Affiche Company to invest in and rent the advertising spaces on 3,500 vehicles for three renewable years starting April 2013 through May 2016. The signing ceremony was attended by Ahmad Mohammad Al Hammadi, acting chief executive officer of (DTC), and Mohammad Hanif Merchant, chairman of Mobil’ Affiche. "Dubai ...

  • Uma Thurman Zhang Ziyi dazzle on Cannes Red Carpet

    Business 247 - Saturday 25th May, 2013

    Hollywood glamour reigned supreme at the Cannes Film Festival this week as A-list actor and Tarantino muse Uma Thurman stepped on to the red carpet at the "2013 Pierre Angenieux Excellens in Cinematography" event wearing a stunning diamond set worth $2.3million by ...

  • Saudi banks’ assets gain SR38bn in Q1

    Business 247 - Saturday 25th May, 2013

    The combined assets of Saudi Arabia’s banks swelled by nearly SR38 billion (Dh37.7 billion) in the first quarter of 2013 to maintain their position as having the second largest financial base in the Middle East after UAE ...

  • Distraught Ai-Ai considering filing for divorce

    Business 247 - Saturday 25th May, 2013

    A distraught Ai-Ai de las Alas is considering filing for divorce from estranged husband Jed Salang, whom she accused of physically, emotionally and mentally abusing her while they were ...

  • Bollywood pads up to bat out IPL 6 spot-fixing links

    Business 247 - Saturday 25th May, 2013

    Bollywood actor Vindu Dara Singh is escorted by police officials into a car before being produced at a court in Mumbai May 24, 2013. India's Supreme Court dismissed a petition on Tuesday seeking to scrap the remaining matches of the country's lucrative Twenty20 cricket competition amid growing concerns about corruption in the sport. ...

  • Damac launches sale of apartments in Bay’s Edge project in Burj area

    Business 247 - Saturday 25th May, 2013

    Damac Properties has launched sales of apartments in its latest project in the Burj area of Dubai. Bay’s Edge will be a 22-storey tower with 220 units are made up of studios, one, two and three bedroom apartments. The Dh400 million project is set for completion by the end of 2016. "We have seen overwhelming interest in luxury serviced living in the Burj Area of Dubai and that ...

  • Prince Al Waleed says he started from zero

    Business 247 - Saturday 25th May, 2013

    Saudi billionaire Prince Al Waleed bin Talal, a nephew of King Abdullah, says he started his business in 1980 in a little shabby wood and steel chalet before it turned into one of the biggest business groups in the world. Rated as the richest man in the Arab world and one of the world’s wealthiest persons, the Prince published a picture of the tiny structure, which he photographed at ...

  • Two Indian youth drown off Jumeirah Open Beach in Dubai

    Business 247 - Saturday 25th May, 2013

    Two Indian expatriate youths are believed to have drowned while bathing in the sea near the Jumeirah Open Beach on Friday evening. While the dead body of one of them has been found, the search for the body of the second person by the Coast Guard was continuing on Friday night. According to sources in the Al Riyami Group, where the two missing employees were working, a group of five ...

  • Where did Pinoy poll budget go asks Senator

    Business 247 - Saturday 25th May, 2013

    With only 15 per cent of the 737,759 registered Filipino voters abroad having cast their ballots in the recently concluded midterm elections, how did the ruling administration spend the 148.4 million pesos (Dh13.1 million) allotted for overseas absentee voting? This is what Senator Franklin Drilon, chair of the Senate committee on finance, would want to know, saying on Thursday he will file ...

  • Filipino boxing champion fights sex slavery

    Business 247 - Saturday 25th May, 2013

    Filipino boxing superstar Manny Pacquiao is facing what could be his toughest fight yet that goes beyond 12 rounds, as he declared war on sex slavery in the Philippines. Pacquiao, who is a congressman in the southern Philippine province of Sarangani, promoted on Friday the encore airing of ‘The Fighters’, a CNN full-length documentary featuring a woman’s fight against sex ...

  • 4 researchers exposed to radiation at lab

    Business 247 - Saturday 25th May, 2013

    Four researchers were exposed to radiation in an accident at a Japanese nuclear physics laboratory this week, officials said on Saturday. The accident occurred on Thursday at a laboratory in Tokaimura, 120km northeast of Tokyo, the Japan Atomic Energy Agency (JAEA) said. The researchers were carrying out an experiment to generate particles by firing a proton beam at gold when the accident ...

  • Emirates set to refurbish its 35 airport lounges

    Arabian Business - Saturday 25th May, 2013

    It is the first of the airline's worldwide network of lounges to be refurbished in the new interior design, originally unveiled within Emirates' Concourse A Lounges in Dubai earlier this ...

  • Sharjah eyes more Korean Asian tourists and investments ahead of Seoul summit

    WAM - Saturday 25th May, 2013

    WAM SHARJAH, May 25, 2013 (WAM)--The Third UAE-Korea Economic Partnership Forum that opens tomorrow will help provide a direct impetus to the travel and tourism industry in Sharjah and the UAE by way of more Korean and Asian tourists and investments in the promising tourism and hospitality sector, said Mohamed Ali Al Noman, Chairman, Sharjah Commerce and Tourism Development Authority. This ...

  • Dubai builder Arabtec wins $108 mln hospital contract in Saudi

    General Sources - Saturday 25th May, 2013

    RIYADH, May 25 (Reuters) - A subsidiary of Dubai-based contractor Arabtec Holding has won a 404-million Saudi riyals ($107.7 million) contract to build ...

  • Chidambaram to visit Dubai tomorrow to woo investments

    Times of India - Saturday 25th May, 2013

    Dubai tomorrow to sell India's growth story to sovereign wealth funds. The Minister is scheduled to meet his counterpart in Dubai and also hold bilateral consultations with the SWFs (Sovereign Wealth Funds) in his day-long visit to the Gulf nation, an official source said. The visit is part of Chidambaram's global tour to attract foreign investments. He has held similar investor meets ...

  • Emirates NBD launches Bank on Wheels initiative

    Arabian Business - Saturday 25th May, 2013

    Emirates NBD said it is now operating a fully secure vehicle equipped to offer cash and cheque deposit services and driven by a dedicated customer service ...

  • Emirates NBD unveils loan education campaign

    AME Info - Saturday 25th May, 2013

    Emirates NBD has launched a unique new personal loan education campaign to advise UAE residents to borrow responsibly and within their repayment capacity. This new initiative is in line with the Group's reputation of being a financial institution that cares for its customers, according to a press statement. The initiative will be supported by a sustained media campaign that will advise the ...

  • In 1st official trip to sub-Saharan Africa Kerry urges Nigeria to respect human rights

    Canada.com - Saturday 25th May, 2013

    U.S. Secretary of State John Kerry shakea hands with Palestinian restaurant employees as he stops by for a snack after his meeting with Palestinian President Mahmoud Abbas in the West Bank city of Ramallah on Thursday, May 23, 2013. (AP Photo/Fadi Arouri, ...

  • I’m no fashionista confesses Deepika

    Business 247 - Saturday 25th May, 2013

    Deepika Padukone has sailed through controversies very early in her career with enviable poise. She gives three things credit for being able to achieve the career heights she has today. "Confidence, believing in yourself and being an original person," she says. From playing various shades on the silver screen to doing scintillating item numbers, she has established herself in the ...

  • 3 survive major highway bridge collapse in northeast US New span to Canada sought

    Business 247 - Saturday 25th May, 2013

    The four-lane Interstate 5 bridge collapsed about halfway between Seattle and Vancouver, British Columbia, after an oversize truck hit the span, the Washington State Patrol chief ...

  • Santos accepts offers from Barcelona and Real Madrid for Neymar player deciding where to play

    Business 247 - Saturday 25th May, 2013

    Neymar (left) of Santos celebrates his third goal against Sao Paulo with his teammates Ganso and Arouca (right) during their Paulista championship semifinal at Morumbi stadium in Sao Paulo on Sunday. ...

  • After Kabul attacks 10000 peace balloons

    Business 247 - Saturday 25th May, 2013

    After a day of explosions and gunfire, residents of Kabul woke up on Saturday morning to be greeted by a public art project in which volunteers handed out 10,000 neon-pink "peace" ...

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