Archive for August, 2008

Dubai conducts second trial for Terminal 3

The Dubai Airports authority recently conducted a second operational trial for Terminal 3 of Dubai International Airport. The second of a series of three trials, the exercise involved some 3,000 volunteers from the public and was focused on testing the whole spectrum of systems, processes and

Poland seeks to boost trade relations with UAE

The recent deployment of US missiles on Polish territory will not have any impact on Poland’s economy and its ability to do business globally, especially with the UAE and the GCC, said a senior Polish diplomat in the UAE. Tomasz Wysocki, Counselor and Deputy Head of the Polish Mission in Abu

China quake damages quarter million homes

An earthquake that hit China’s southwest on Saturday killed 32 people, Xinhua news agency said after the most recent in a series of quakes to hit the region. The tremor hit the mountainous border between Yunnan and Sichuan provinces, near an area still reeling from the May 12 quake which

ADCCI registers 8,751 companies

The Abu Dhabi Chamber of Commerce and Industry (ADCCI) has registered 8,751 new companies since the beginning of the year until yesterday and has renewed the memberships of 36,913 companies out of its total of 68,000 members, said the head of the chamber. Salah Salem bin Omair Al Shamsi,

Abbas and Olmert to hold new round of Mideast peace talks

Israeli Prime Minister Ehud Olmert was to meet Palestinian president Mahmud Abbas on Sunday for a new round of US-backed talks aimed at securing a peace agreement by the end of the year. "The meeting is scheduled to begin this afternoon in Jerusalem at the official residence of the prime

Hindus call off protest in Indian Kashmir

Hindus in Indian Kashmir called off their two-month protest after the government allowed them temporary use of land at the centre of a religious row for an annual pilgrimage, officials said on Sunday. At least 38 people have been killed so far and more than 1,000 injured in violence in Jammu

6.1-magnitude quake kills 22 in China

Rescue teams headed to China?s southwestern Sichuan province after a 6.1-magnitude earthquake killed 22 people and injured hundreds, local authorities said on Sunday. Saturday?s quake killed 17 people in Sichuan and five others in the neighboring province of Yunnan, the China Earthquake

Abu Dhabi vows to check prices in Ramadan

Abu Dhabi authorities pledged yesterday to tighten their grip on key shopping outlets in the emirate to prevent sharp increases in food and other consumer prices during Ramadan. The Abu Dhabi Department of Planning and Economy (DPE) said it will publish a list of 177 food and consumer items on a

Net profits of UAE banks jump 40% in H1

In a global scenario, where the banking industry has been hit hard by a credit crisis that saw the 10th bank in the United States go under, UAE banks are showing nothing but growth. Net profits of UAE banks are up by nearly 40 per cent for the first half of 2008 and income [...]

Five killed in China quake: state media

Five people were killed and several houses were destroyed after an earthquake measuring 6.1 on the Richter scale struck southwest China on Saturday, state media reported. The tremor struck Panzhihua City in Sichuan province at 4.30pm (0830 GMT), according to Xinhua news agency. It said one