UAE's Etihad expands codeshare deal with Russian carrier

<p>Etihad Airways has announced plans to expand its codeshare partnership with S7 Airlines to cover eight additional destinations from the Russian carrier’s Moscow hub.</p>.... Read more »

Posted on : 12/21/2015


Abercrombie & Fitch to open first store in UAE

<p>UAE. Abercrombie &amp; Fitch Co. (NYSE: ANF) today announced that its Abercrombie &amp; Fitch brand will open its first store in the UAE at Dubai’s luxury shopping center, the Mall of Emirates, on December 26, 2015.</p>.... Read more »

Posted on : 12/21/2015


Innovation to play key role in the resilience of energy industry

Abu Dhabi: The energy industry must commit to innovation in order to successfully navigate a period of significant change and uncertainty in 2016, according to a survey conducted by consultancy firm Booz Allen Hamilton..... Read more »

Posted on : 12/20/2015


Iran to offer guaranteed purchase terms for power plant construction

<p>Iranian government plans to offer guaranteed purchase terms to domestic and international investors who contribute to the construction of power plants that obtain power from non-exhaustible resources, an official said, IRNA news agency reported.</p>.... Read more »

Posted on : 12/20/2015


UAE's Lulu plans $300m investment in Egypt

<p>UAE-based retail conglomerate Lulu Group said on Sunday it has opened its first hypermarket in the Egyptian capital Cairo, the start of a $300 million investment in the North African country.</p>.... Read more »

Posted on : 12/20/2015


Saudi businessman said to be in talks over $4bn Red Sea tourism project

<p>A Saudi businessman is in talks with Egyptian authorities over a $4 billion tourism resort in Egypt's Red Sea region of Sharm el Sheikh, Egyptian tourism minister Hisham Zaazou told Saudi newspaper Okaz.</p>.... Read more »

Posted on : 12/20/2015


Russia, Iran to discuss meat, dairy supplies

<p>Russia and Iran plan to discuss trade in meat and dairy products next week, Russian food safety watchdog said on Sunday, as Moscow seeks new sources of food supplies amid spat with the West over Ukraine. </p>.... Read more »

Posted on : 12/20/2015


ERC provides medical equipment for hospitals in Yemen

<p>The Emirates Red Crescent, ERC, has provided a large amount of anti-cancer medicines to hospitals in Lahij, Abyan, Dhale and Taiz governorates in Yemen.</p>.... Read more »

Posted on : 12/20/2015


Surplus Shams Dubai power exported to Dewa's grid

The Dubai Electricity and Water Authority, or Dewa, continues its efforts to raise awareness among customers about its Shams Dubai smart initiative to encourage building owners to install photovoltaic solar panels to generate electricity form solar power..... Read more »

Posted on : 12/19/2015


Statoil submits rare $940m plan amid oil-price rout

OSLO: Statoil ASA is forging ahead with an 8.2 billion-krone ($940 million) project designed to squeeze more oil and gas out of the Oseberg area of the North Sea, a rare investment decision amid a collapse of crude prices..... Read more »

Posted on : 12/19/2015