Sunday 25 June 2017

Dubai set to conduct test run of air taxis in Q4

Dubai's Roads and Transport Authority (RTA) is set to conduct trial run of its manned autonomous air taxi (AAT) which is capable of carrying two passengers, later this year. The AAT, which is powered by electricity, will be operated by German group Volocopter, a specialist in


Abu Dhabi building material prices down in May

The prices of building materials in Abu Dhabi, UAE, last month saw substantial change, with average prices of items in 16 categories witnessing a sharp fall compared to the same period last year, according to a report. The report was part of the monthly publication of Building Ma


Huawei to open first 'Experience Store' in UAE

Huawei Consumer Business Group has announced plans to open its first 'Experience Store' in Dubai, UAE. Currently, Huawei has 47 service centres in the region with two dedicated service centres in the UAE – one in Dubai and one in Abu Dhabi – where customers re


DP World inks Legoland Dubai partnership deal

Dubai-based global marine terminal operator DP World has partnered with Legoland Dubai, to present the theme park’s boating school and sea port attractions as the exclusive ‘port terminal’ sponsor. Legoland Dubai, part of Dubai Parks and Resorts, the region&rsqu


Adnoc opens new aviation fuel facility in Abu Dhabi

The Abu Dhabi National Oil Company (Adnoc) has opened a key aviation fuel facility at Abu Dhabi International Airport built at a total investment of Dh750 million ($204.19 million), said a report. The North Depot will provide up to 6.5 million litres of fuel per hour through a ba


Farnek renews BICSc accreditation programme

UAE-based Farnek, a leading provider of total facilities management, said it has renewed its accreditation programme with the British Institute of Cleaning Science (BICSc), an independent, professional and educational body in the cleaning industry. The overall objective of BICSc


French energy giant Engie buys 40pc stake in Tabreed

French energy giant Engie said it has become global leader in the independent district cooling sector with the acquisition of a 40 per cent stake in UAE-based National Central Cooling Company (Tabreed) for Dh2.8 billion ($762.3 million) from Abu Dhabi-based strategic investment company Mubadala


Shipping losses continue to decline: report

Large shipping losses have declined by 50 per cent over the past decade, largely driven by development of a more robust safety environment by ship-owners, a report said. There were 85 vessels reported as total losses around the shipping world in 2016, down 16 per cent compared wi


Flydubai renews air cargo deal with Mercator

Dubai-based airline, flydubai, and Mercator, a global provider of software platforms and product-enabled solutions to the travel industry, have announced the signing of a seven-year extension to their air cargo management contract.  The renewal agreement reaffirms the contin


Oman's SPMP inks antimony supply deal with Traxys

Oman-based Strategic & Precious Metals Processing (SPMP) has signed a multi-year agreement with Traxys Europe, a physical commodity trader and merchant in the metals and natural resources sectors based in Luxembourg, for the supply of antimony gold concentrates to its Oman Antimony Roaste

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