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Dubai Quality Group set to adopt culture of innovation
Dubai Quality Group (DQG) recently concluded its annual general meeting and elected the board of directors for 2016 to 2018. Fatma Al Mheiri was elected the new chairwoman of DQG.   The nominated members from DQG's member organisations were elRead More...
Africa: Addis to Host 2016 U.S. Africa Business Summit
The Corporate Council on Africa (CCA) announced that the 10th Biennial US Africa Business Summit will be held on February 1-4, 2016, in Addis Abeba, Ethiopia.   Prime Minister Hailemariam Desalegn will deliver the keynote address at the SummitRead More...
Dubai Duty Free sales to reach Dh7.3b by 2016
Dubai: Sales of Dubai Duty Free (DDF) are expected to be flat in 2015 compared to the previous year due to the weakening of certain currencies against the US dollar and fewer Chinese and Russian buyers, according to a top company executive.   Read More...
Kuwait set to launch free economic zone
Kuwait has announced that it would establish a free economic zone on five islands close to the shorelines of Iraq and Iran with large investments open to the private sector.   The decision was taken by the state's supreme planning council whicRead More...
H.E. Ellen Johnson Sirleaf to attend CCA's 2016 U.S.-Africa Business Summit
The Corporate Council on Africa (CCA) is honored to announce H.E. Ellen Johnson Sirleaf, President of the Republic of Liberia will attend the 10th Biennial U.S.-Africa Business Summit in Addis Ababa, Ethiopia on February 1-4, 2016.   PresidentRead More...
Shell calls for tougher regulation of Dubai oil benchmark
Royal Dutch Shell PLC on Thursday called for tougher regulation of the Dubai crude benchmark, the Middle East's most important oil-pricing mechanism, after record trade volumes skewed prices.   Industry players have been calling on pricing aRead More...
Kenya: Kengen to Spend Sh166 Billion On Power Plants
Kenya Electricity Generating Company (KenGen) will spend Sh166 billion to put up wind and geothermal power plants in the next two years.   The additional generating capacity estimated to be 460 megawatts is expected to significantly reduce relRead More...
UAE: A pole position for trade growth
More and more Polish companies are looking to expand their footprint in the Middle East and use Dubai as a primary platform for growth. To that effect, more than 40 companies are in Dubai to take part in 'Gateway to Emirates - Polish Commercial MissiRead More...
FG Urged to Bolster Non-oil Revenue to Fund N2.22trn 2016 Budget
Eromosele AbiodunThe federal government has been advised to bolster non-oil revenue collection so as to be able to fund the projected deficit of N2.22 trillion ($11 billion) in the 2016 budget. Minister of Budget and National Planning, Udoma Udo UdoRead More...
Spain wants to retake lead in renewable energy
Madrid: A former global champion of renewable energy, Spain wants to make up the ground it lost during the economic crisis when it reversed its policy slashing subsidies and decimating the sector.   With roughly 300 days of sunshine per yearRead More...
Trafigura LNG Trading More Than Doubles on New Buyer Demand
Trafigura Beheer BV more than doubled its liquefied natural gas volumes this year amid demand from new buyers including Egypt and Pakistan.   The commodity trader boosted the amount of LNG handled to 4.2 million metric tons in the fiRead More...
Mubadala, CNPC sign co-operation deal
Mubadala Petroleum and China National Petroleum Corporation, CNPC, have signed an agreement, in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to fosterRead More...
Uganda: Oil and Gas Graduates Will Soon Be in High Demand - Rubondo
The commissioner for Petroleum Exploration and Production, Ernest Rubondo, has encouraged students ready to work in the oil industry not to lose hope, but continue to upgrade their skills as they wait for the first barrel to be refined.   RuboRead More...
VAT may increase business costs in GCC
Low oil prices and employment are set to impact the GCC economy in 2016 while the impending introduction of value added tax, or VAT, in the region is poised to intensify the cost of doing business, a survey among investment professionals revealed on Read More...
Apple launches Siri in Arabic
Dubai: Apple launched Siri, the virtual personal assistant, in Arabic with its iOS 9.2 update on Wednesday.   It is available now to all Arabic speakers, but has been tailored to the UAE and Saudi Arabia dialects, and while it can be used on iRead More...
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