Abu Dhabi Investment Forum starts Wednesday in Paris as the emirate seeks foreign partnerships with a purpose

WAM - Tuesday 21st May, 2013

ABU DHABI, May 21st, 2013 (WAM): Abu Dhabi Investment Forum will start tomorrow in Paris, France, bringing together business and government leaders and decision makers from the UAE and France. The Forum will be opened by Nasser Ahmed Alsuwaidi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) which hosts the event. "We welcome French business. That's the ...

UAEs water and electricity needs will be met FNC told

The National - Tuesday 21st May, 2013

ABU DHABI // The Minister of Energy yesterday assured the FNC that the country's water and electricity needs will be met. Suhail Al Mazrouei said the Federal Electricity and Water Authority, which he also heads, has a clear strategy to cover the needs of all the emirates it serves. Mr Al Mazrouei said plans had been been sent to the relevant emirates for approval. But Rashed Al Sheraiqi ...

Emiratis must abide by any contracts they sign says Sheikh Abdullah

The National - Tuesday 21st May, 2013

ABU DHABI // The UAE does not prevent foreign embassies from working to protect their citizens who are employed here, the Foreign Minister told the FNC yesterday. Following a debate on efforts by the Philippines embassy to enforce a minimum wage for its citizens employed as domestic staff, Sheikh Abdullah bin Zayed said that "if we want to support our nationals abroad, there can be no ...

UAE media law has answers says Abdullah

The National - Tuesday 21st May, 2013

Sheikh Abdullah bin Zayed with Dr Anwar Mohammed Gargash, Minister of State for Foreign Affairs and Minister of State for FNC affairs, during yesterday's FNC session. Ravindranath K / The ...

Quotas for Emiratisation of media will not work FNC told

The National - Tuesday 21st May, 2013

ABU DHABI // Quotas for Emiratisation of the media will not work, Sheikh Abdullah told the FNC. He admitted he was disappointed that so few Emiratis worked in the media, but warned that imposing quotas could lead to "bogus Emiratisation". He said 13 per cent of staff at the Dubai ...

Intermetal builds new USD20.4m factory in Dubai

MENAFN - Tuesday 21st May, 2013

(MENAFN) Intermetal, a Group Harwal Company, spent USD20.41 million to build a new furniture factory, reported Emirates 24/7.The Dubai-located factory will be designed by Dubai Investment Park.According to Bedros Bambokian, Executive Director of Group Harwal, this new factory will assist the company's services and business in the UAE and the whole GCC.The global furniture solutions leader ...

Abu Dhabi Intl Airport to see 15 growth in this summers weekly flights

MENAFN - Tuesday 21st May, 2013

(MENAFN) Abu Dhabi Airports Company (Adac) COO, Eng. Ahmad Al Haddabi, stated that starting this summer, flights at Abu Dhabi International Airport will grow by 15 percent a week from last summer, reported Emirates 24/7.The facility is projected to receive 1,065 weekly flights during the summer months, up from 956 weekly flights in the summer of 2012.The increase implies also a rise of 11 ...

Abu Dhabi to set up USD47.6m bus depot

MENAFN - Tuesday 21st May, 2013

(MENAFN) Abu Dhabi's Department of Transport (DOT) said that it will soon start building the new bus depot, reported Emirates 24/7.This project is worth USD47.63 million, and it was permitted as part of various transportations projects by the Executive Council.This depot will house over 480 buses in facilities that will provide the vehicles with fuel and repairing services.The Khalifa ...

Air Arabia secures USD350m financing to buy 10 Airbus A320 planes

MENAFN - Tuesday 21st May, 2013

(MENAFN) Sharjah-based Air Arabia stated that it has inked a USD350 million financing deal with two GCC banks to fund the purchase of new planes, reported Arabian Business.The low-cost airline added that the financing facility will provide the company with the needed money to acquire the 10 Airbus A320 jets.The UAE's only publicly-listed airline added that the purchase is part of a larger ...

Dubai jails Australian for 10 years over fraud charges – The Age

United Arab Emirates News - Tuesday 21st May, 2013

Sun, sand and shattered dreams An Australian executive has been sentenced to 10 years jail in Dubai and fined $25 million, but his junior colleague has been acquitted in a spectacular climax to their four-year battle against property fraud charges. A defiant Matt Joyce declared his innocence after the guilty verdict against him on Monday and said ...

Invesco study shows UAE captures most GCC private capital flows

United Arab Emirates News - Tuesday 21st May, 2013

The United Arab Emirates (UAE) is the key beneficiary of private capital flow into the Gulf Cooperation Council (GCC) region, according to the fourth annual Invesco Middle East Asset Management Study, with capital from emerging markets, notably India, Russia and China, overtaking those from developed markets. Participants in the study, which looks ...

Dubai’s leading property agency delivers world-first tool and resources for …

United Arab Emirates News - Tuesday 21st May, 2013

Dubai, UAE, 21 May 2013: Better Homes , UAE’s largest realtor, has released helpful guides for property hunters and landlords in the Dubai property market. This follows from the property agency’s delivery of a tool that allows customers to publicly rate its agents, believed to a world-first innovation in the property ...

Phase 2 of Absher initiative launched

Gulf News - Tuesday 21st May, 2013

Abu Dhabi: The second phase of the "Absher initiative" was launched yesterday by General Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed ...

Green Globe certifies Dubai’s JA Jebel Ali Golf Resort

eTN - Tuesday 21st May, 2013

LOS ANGELES, California - Green Globe announces certification of the JA Jebel Ali Golf Resort in Dubai, United Arab Emirates (UAE). Over the past few years this luxury resort has demonstrated leadership and innovation in the fields of operational efficiency and globally responsible practices on multiple levels. Fredrik Reinisch, General Manager at JA Jebel Ali Golf Resort is passionate about ...

Fujairah Ruler urges better government customer services

WAM - Tuesday 21st May, 2013

FUJAIRAH, 21st May, 2013 (WAM): H. H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council member and ruler of Fujairah, today urged the heads of the emirate's government departments to elevate customer service for nationals and residents. He also stressed on the need for cooperation and coordination between all the departments in order to provide the best services for the public and to ...

SummerFest Abu Dhabi expanded into 52-day extravaganza spanning mid-summer

WAM - Tuesday 21st May, 2013

ABU DHABI, 21st May, 2013 (WAM): With a refreshed identity and enhanced entertainment offerings, SummerFest Abu Dhabi - an upgrade of the emirate's annual summer promotion - has been expanded into a 52-day extravaganza spanning mid-summer, the Holy Month of Ramadan, Eid Al Fitr and the destination's traditional EidFest celebrations. Running June 27 to August 17, SummerFest Abu Dhabi ...

Survey identifies 6000 death spots on Abu Dhabi roads

The National - Tuesday 21st May, 2013

ABU DHABI // Almost a third of the capital's internal roads were found to be dangerous in a recent survey of high-risk traffic areas. Majed Al Kathiri, head of traffic services section and road safety at Abu Dhabi Municipality, said a survey of high-risk areas and corridors in Abu Dhabi identified more than 6,000 issues. "We need to intervene urgently to treat the most dangerous ...

Saving lives also saves Dh520m Abu Dhabi Road Safety Forum told

The National - Tuesday 21st May, 2013

ABU DHABI // The steady reduction in casualties on Abu Dhabi's roads since 2010 has saved the emirate Dh520 million, figures presented at the forum show. The decrease in deaths was so dramatic that the Department of Transport had to revise its casualty reduction targets for 2021. "Our initial target in 2009 was 22.7 fatalities per 100,000 population but we had to revise our target ...

Abu Dhabi roads in for an extreme makeover

The National - Tuesday 21st May, 2013

Pedestrians walk to and from the Abu Dhabi Mall on an overpass over the busy road in front of the mall. Authorities blocked off the street for use by pedestrians, forcing them to use the overpass instead of the risky jaywalking. Silvia Razgova / The ...

UAE- Man caught promoting heroin

MENAFN - Tuesday 21st May, 2013

(MENAFN - Khaleej Times) An Asian man has been arrested after a sting operation carried out by the Dubai Police foiled his attempts to promote large quantities of heroin in the country.The General Department of Anti-Narcotics of the Dubai Police received information on May 1 that 20-year-old O.A., who works as a mechanic, was involved in drugs and had imported, promoted and consumed ...

UAE- Ex-Nakheel executive compatriot jailed fined

MENAFN - Tuesday 21st May, 2013

(MENAFN - Khaleej Times)A former executive manager of one of Dubai's biggest property companies has been sentenced to 10 years' prison alongside his Australian compatriot, while the pair must jointly fork out Dh88 million.The Court of First Instance handed down the sentence to the former executive manager of the Nakheel Waterfront project, M.J., 44, and A.R., who was the manager of a ...

Sedition accused level fraud claims at UAE authorities

MENAFN - Tuesday 21st May, 2013

(MENAFN - Khaleej Times) Abu Dhabi- A prominent Emirati lawyer, one of the accused 94 in an ongoing sedition trial, accused authorities of planting and forging evidence, in one of the last days of the months-long trial. The defendant lawyer accused security agencies of planting a memory stick, found in one of the defendants's cars, saying the car was not inspected in the first two days ...