Wednesday 26 April 2017

UAE, Algeria space agencies to strengthen ties

The UAE Space Agency has signed a memorandum of understanding (MoU) with the Algerian Space Agency on a framework for collaboration in the peaceful use of space. The MoU is in line with the UAE Space Agency’s strategic plans to enhance collaboration with international stake


McDonald's Q1 income up 8pc, tops $1.2bn

McDonald's, a global foodservice retailer with over 36,000 locations in over 100 countries, posted a net income of $1.21 billion for the first quarter (Q1) of the year, marking an increase of 8 per cent over Q1 2016. However, revenue during the period fell 3.9 per cent to $5.


Spirit for Antiques & Handicrafts to open at Bahrain City Centre

Spirit for Antiques & Handicrafts, a newly established Bahrain-based company that sells a unique range of premium and exclusively selected artifacts, antiques and authentic furniture pieces, will open its second outlet in the kingdom next month. The company, in a bid to make its pr


Al Maryah Central unveils new dining destination

Al Maryah Central, Abu Dhabi’s next generation mall located in the heart of Al Maryah Island, has unveiled its unique dining destination, Central Kitchens. Once it opens in 2018, Al Maryah Central will combine with The Galleria to form a 2.8 million-sq-ft super-regional mal


Meat safety: Brazil’s minister to visit UAE, Saudi

Brazil’s Minister of Agriculture, Livestock and Food Supply, Blairo Maggi, has announced plans to visit the UAE and Saudi Arabia to reassure the countries on the safety of Brazilian meat and poultry products. The visit follows the ‘Operation Carne Fraca’ (Operat


Almarai Q1: Tepid revenue growth continues

Almarai’s year-on-year (y-o-y) revenue growth, which slowed considerably in the last two quarters to approximately 1.0 - 2.5 per cent, slowed further to just 0.3 per cent y-o-y in Q1 2017, a report said. The fall is due to sustained weakness in the flagship Dairy and Juice


Top food, hospitality expo opens in Saudi Arabia

More than 300 companies from 14 countries are taking part in the 22nd edition of Saudi Food, Hotel & Hospitality Exhibition, the kingdom's largest annual food and hospitality trade show, which opened in Jeddah. The event was inaugurated on Sunday by Mohammad bin Abdullah


3 teams take tops spots at Imagine Cup Oman

Teams Beta, AMA and Metamorph swept to victory in the Oman finals of Microsoft’s Imagine Cup 2017, a global technology competition that aims to deliver educational, entrepreneurial and employment opportunities for youth by acquiring critical skills. Held under the patronage


Saudi National Security Center established

Saudi Arabia's King Salman bin Abdulaziz Al Saud has issued a directive establishing the National Security Center, which is affiliated to the Royal Court. In a Royal Order he also appointed Mohammad bin Salih Alghfaili as advisor for national security. The orde


Saudi King Salman restores benefits to state employees

Saudi Arabia’s King Salman bin Abdulaziz Al Saud has issued a royal decree to restore financial allowances for civil servants and military personnel that had been cut under austerity measures,  media reports said. “The royal order returns all allowances, financia

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