Britain's Lewis Hamilton (L) and Finland's Valtteri Bottas (R) unveil the new Mercedes W08 Formula One car and Mercedes-AMG Petronas driving team for the 2017 F1 Season at Silverstone, Northamptonshire, Britain on February 23. EPA/Will Oliver
Iran has confirmed plans to purchase 12 Superjet-100 Russian aircraft in the near future, a senior Russian government official said.
Dubai Islamic Bank (DIB) has reported a net profit of Dh4.050 billion ($1.1 billion) for 2016, an increase of 6 per cent compared to Dh3.839 billion in 2015.
The total value of non-oil trade between Abu Dhabi and Saudi Arabia reached Dh17 billion ($4.6 billion) in 11 months during 2016, based on statistics that focussed mainly on the imports through Abu Dhabi’s land, sea, and airports, a report said.
Abu Dhabi-based Al Heya Special Glass Factory launched its first 'Made in UAE' blast and bullet resistance glass at Idex this week, hoping to catch the GCC and Mena region markets through its maiden appearance, a report said.
Hackett, a multi-channel British menswear retailer, is collaborating with Aston Martin, one of Britain’s most renowned automobile companies, for a second collection for Spring/Summer 2017.
Sport tourism from the GCC is rapidly being acknowledged as one of the fastest growing sectors in the $4.5 trillion global travel and tourism industry.
Emirates Integrated Telecommunications Company (EITC) has confirmed that the UAE Ministry of Finance has announced the Federal Royalty scheme, which will be applied annually on EITC for the period 2017 to 2021.