November 2018 — Topical news of the United Arab Emirates

November 29, 2018 no comments 713
In an October earnings update, Airbus said it was working to resolve "certain commercial challenges" on the supply of an aircraft to a customer Emirates took delivery of an Airbus SE A380 superjumbo that had previously been refused, marking a step forward for the embattled program....

November 29, 2018 no comments 808
The decision on which plant to capture the carbon dioxide from first will be taken in 201 DUBAI - Abu Dhabi National Oil Co said on Wednesday it is moving ahead with plans to expand the capture, storage and utilisation of carbon dioxide from either its Habshan-Bab gas-processing...

November 29, 2018 no comments 968
Manager of Nasdaq Dubai-listed Emirates REIT "very actively looking at different asset classes", says chief development officer The company managing the Nasdaq-listed Emirates REIT is planning to create a series of sector-specific REITs targeting investments in healthcare and...

November 28, 2018 no comments 900
Al-Futtaim Toyota, in partnership with government authorities, has completed a total of 16 raids on counterfeit car part dealers Al-Futtaim Toyota, in partnership with government authorities, has completed a total of 16 raids on counterfeit car part dealers across the UAE. The...

November 28, 2018 no comments 878
Dubaii air services provider buys majority stake in bd4travel, which provides AI solutions to online travel agencies Dubai-based air services provider dnata has announced that it acquired a majority stake in bd4travel (Big Data for Travel), a tech company, which provides artificial...

November 28, 2018 no comments 787
Mubadala Investment Company is part of consortium which buys 22.5% stake in Russian Fitness Group A consortium of investors including Abu Dhabi's Mubadala Investment Company have announced investments in Russian Fitness Group (RFG), which manages the largest chain of fitness clubs in...

November 28, 2018 no comments 773
Mobility will be a key focus of the US pavilion at Expo 2020 Dubai, which has the theme of "what moves you" The United States pavilion at Expo 2020 Dubai will partner with California-based Virgin Hyperloop One to premiere a hyperloop “ride experience” during the Expo, it was announced...

November 28, 2018 no comments 863
Ministry of Finance and the Abu Dhabi Department of Finance sign deal to finance 605km stage of Etihad Rail network The UAE's Ministry of Finance and the Abu Dhabi Department of Finance have signed an agreement for the financing of stage two of the Etihad Rail national rail network....

November 28, 2018 no comments 810
DAE said it had already bought back $295 million of principal amount of its public bonds under a previous limit of $300 million DUBAI- State-controlled Dubai Aerospace Enterprise (DAE) said on Tuesday its board and shareholders had authorised the repurchase of an additional $300...

November 27, 2018 no comments 795
UAE Government's annual meetings will be held this week, aim to shape the future of the country The UAE Government's annual meetings will be held this week, with seven long-term strategies and more than 100 initiatives expected to be launched The two-day meeting will start on...

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