Saturday 18 November 2017

ADFD, Irena open funding for green energy projects

The International Renewable Energy Agency (Irena), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded $350 million (Dh1.285 billion) Irena/ADFD Proj


Bahrain to welcome 54 cruise ships this season

Bahrain, known for its rich and vibrant cultural heritage and a popular destination for cruise ships, is expected to receive 54 cruise vessel calls from prestigious lines during this season with an estimated 100,000 passengers. This is an impressive 30 per cent growth over the pa


Sony launches new 4K HDR handycam in Bahrain

Sony Middle East and Africa (MEA) has expanded its line of video cameras with the launch of the new 4K HDR (high dynamic range) camcorders featuring a fast hybrid AF (autofocus) system in Bahrain. Combining a fast and reliable AF function adapted for shooting with a 1.0-type stac


DWC nine-month cargo traffic up 9.1pc

Cargo traffic at Dubai World Central (DWC) grew 9.1 per cent during the first nine months of the year, according to the traffic report issued today by operator Dubai Airports. DWC handled a total of 704,735 tonnes of freight year to date September, an increase of 9.1 per cent com


Alliance to bolster dispute resolution service in UAE

RAK International Corporate Centre (RAK ICC), Abu Dhabi Global Market Courts (ADGM Courts) and Abu Dhabi Global Market (ADGM) have partnered bolster effective and best-in-class dispute resolution services within the UAE. This is a significant milestone and development in the coll


Abu Dhabi launches fund to combat diseases

Abu Dhabi has launched the Reaching the Last Mile Fund to raise $100 million with the aim of eradicating, eliminating, and controlling preventable diseases that hinder the health and economic prospects of the world’s poorest people. The fund was launched by Sheikh Mohamed b


Dubai non-oil foreign trade up 13pc to top $93bn in Q3

Dubai’s non-oil foreign trade increased to Dh344 billion ($93.6 billion) in the third quarter of 2017, an increase of 13 per cent year-on-year from Dh305 billion in the corresponding quarter of last year, a report said. Re-exports were the key driver of growth in the quarte


Abu Dhabi approves $95m infrastructure projects

The Abu Dhabi government has approved infrastructure development projects worth more than Dh350 million ($95.2 million) including roadworks, stormwater drainage networks and parking facilities in the UAE capital. The projects were okayed by the executive committee of the Abu Dhab


Kuwait non-oil growth set to rise to 4pc: IMF

Kuwait’s non-oil growth is projected to increase gradually to about 4 per cent driven by accelerated project implementation under the 5-year development plan and improved confidence, said the International Monetary Fund (IMF). Hydrocarbon output is forecast to increase by 4


Designs unveiled for giant Oman botanical garden

Leading UK-based engineering firm Arup has joined hands with architect Grimshaw and design consultant Haley Sharpe Design to deliver the engineering, landscaping, architecture and interpretive designs for the Oman Botanic Garden, the largest such facility in the Arab world. Cover

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