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Ambitious plans to boost the UAE’s space programme by encouraging future generations of Emiratis to take up space and scientific research were announced on Tuesday. Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said the objective of the Mars 2117 Project is to develop the skills and capacities of nationals. “The Mars 2117 Project is a long-term project, […]

Like a scene from “The Jetsons,” commuters in Dubai, in the United Arab Emirates, may soon climb aboard automated flying taxis, soaring over busy streets and past the desert city’s gleaming skyscrapers, all — quite literally — at the push of a button. Passenger drones, capable of carrying a single rider and a small suitcase, will begin buzzing above the emirate as early as July, according to […]

|By Arabian Post Staff| Human carrying drones are expected to be introduced into service within the public transport system by July 2017, Mattar Al Tayer, Chairman of the Dubai Roads and Transport Authority, announced at the World Government Summit in Dubai. The future of transportation, specifically the impending arrival of autonomous cars, was a major topic at the second day of the summit, attended by 4,000 global […]

DUBAI // Young Arabs make up the majority of the region’s population and they are the best people to develop a strategy for their future, Sheikh Mansour bin Zayed said at the World Government Summit on Tuesday. The Minister of Presidential Affairs said that there are more than 108 million young people in the 22 Arab countries and the summit was a starting point for young men […]

The UAE shall take quality-focused steps to create a supportive environment for innovation at a legislative level and for educational system, economic and media segments, says UAE Economic Minister Dubai, February 14, 2017 Engineer Sultan bin Saeed Al Mansoori, Minister of Economy chaired the seminar on innovation and the future of economy at the World Government Summit, a global platform dedicated to shaping the future of government […]

PARIS France honored the A380 superjumbo with a place in its national aerospace museum on Tuesday, granting it equal status with the Boeing 747 even as questions pile up over the future of the industry’s biggest jets. The A380 test plane, the fourth to be built and the second to actually fly in 2005, flew to Le Bourget near Paris from Toulouse with 50 technicians who will […]

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Tuesday announced the Mars 2117 project which aims to build a miniature city on the Red Planet within 100 years. Sheikh Mohammed, also Vice President and Prime Minister of the UAE, said the UAE was currently among the world’s top nine investors in space science. In a series of tweets accompanied by photos of what it describes as […]

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Tenants in Dubai could have the upper hand when negotiating rental rates thanks to a significant amount of stock coming to the market in 2017, according to real estate consultancy Asteco. Its new report said there are 31,500 apartments and 12,500 villas and townhouses scheduled to be delivered this year in areas including City Walk by Meraas, Damac’s Akoya, Dubai Wharf by Dubai Properties and Emaar’s Mira. […]

New markets and innovative solutions position Arkan well through current market cycle Abu Dhabi, UAE; 14 February 2017  Arkan Building Materials Co. PJSC (ADX: ARKAN) (“Arkan” or “the Group”), a leading construction and building materials company in the UAE, today announced its preliminary financial results for the year ended 31 December 2016. 2016 saw considerable operational progress, with sales volumes increasing across new markets in the UAE, […]

A new wellness event aims to convince people to give up on ­unrealistic and unhealthy ­pursuits of happiness. The Happiness Festival – at the Dubai Polo and Equestrian Club on Friday, February 17 – was conceived by Fiona Barron and Saleem Ali. They are the founders of the Happiness Hub – an organisation that works with businesses to improve corporate wellness and employee engagement. The festival will […]

Hundreds of drivers with ride-hailing service Uber in Qatar went on strike on Monday for the second time in a year to protest against fare cuts. The US-based company, which started operations in Doha in 2014, has in recent months cut fares by 15-20 percent for passengers amid growing competition from local firms. Uber drivers in Doha stayed home on Monday to protest the cuts and an […]

Shuaa Capital is working on a bolt-on acquisition of a financial services company based in the United Arab Emirates as part of the investment bank’s growth plans, chairman Jassim Alseddiqi told Reuters on Monday. The price for the targeted company, which specialises in capital markets and securities, would be less than 200 million dirhams ($54.46 million), Alseddiqi said. He also said discussions were at an advanced stage […]

ABU DHABI // Residents can expect patches of rain across the country for the next two days. Conditions will be unstable with potential thunder and rain, the National Centre for Meteorology and Seismology said. On Tuesday morning, forecasters reported light rain in Umm Al Quwain, Khalifa City in the capital and over airports in Dubai, Sharjah, Abu Dhabi and Al Bateen. Tuesday’s weather forecast. Courtesy National Centre […]

DUBAI // Sustainable travel hit the UAE running on Monday, as US electric car maker Tesla opened for business in Dubai with plans to launch a shop and service centre in Abu Dhabi next year. Chief executive Elon Musk said at the World Government Summit in Dubai that the company planned to invest millions in the UAE on infrastructure including recharging stations. “We expect to invest tens […]

The entrance gate of the Riverland at Dubai Parks and Resorts in Dubai. Pawan Singh / The National The Peninsula zone in Riverland at Dubai Parks and Resorts in Dubai. Pawan Singh / The National The French Village zone in Riverland at Dubai Parks and Resorts in Dubai. Pawan Singh / The National The French Village zone in Riverland at Dubai Parks and Resorts in Dubai. Pawan […]

Dubai-UAE: 13 February, 2017  The UAE imports 85 percent of its food at the cost of 15 percent of its GDP. Though this might be a scary thought, it is also an opportunity for this generation to make a real impact, said Caleb Harper on the second day of the World Government Summit 2017 in Dubai. Harper is the Principal Investigator and Director of the Open Agriculture […]

Tesla has launched online sales for its Model S and Model X in the UAE. Californian company’s chief executive Elon Musk was in Dubai launch the dedicated website for UAE customers, where they can visit the online design studio to customise and order the Tesla vehicle. Prices start from $74,800 (AED 275,000) for Model S and $93,600 (AED 344,000) for Model X. First orders of Model S (range […]

Your daily guide to community and cultural activities across the Emirates for February 14, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at listings@thenational.ae newslide Abu Dhabi Art exhibition Grace: […]

13 February 2017 Full year revenues stood at AED 173.8 million (2015: AED 178.2 million) Group losses reduced by 30% year on year as firm continues with stringent cost control and gears up for 2017 long term strategy implementation Real Estate Investment Management and Investment Banking business lines recorded systematic increase in profits Turnaround of the Group’s operations expected during 2017  Advertisement SHUAA Capital today reports results […]

A model of EHang 184 and the next generation of Dubai Drone Taxi is seen during the seconde day of the World Government Summit in Dubai, United Arab Emirates, Monday, Feb. 13, 2017. Dubai hopes to have a passenger-carrying drone buzzing through the skyline of this futuristic city-state in July. Mattar al-Tayer, the head of Dubai’s Roads & Transportation Agency, made the surprise announcement Monday at the […]

Dubai’s Roads and Transport Authority (RTA), in collaboration with the Chinese EHANG Company, on Monday announced that it had carried out the first test run of an autonomous aerial vehicle (AAV) capable of carrying a human, a world first. RTA said in a statement that it is set to start the operation of the AAV, named EHANG184 – effectively a driverless flying car – as early as […]

|By Arabian Post Staff| Tesla founder Elon Musk described Dubai as a city of opportunity and achievements, and a beacon for tolerance and happiness, while announcing the launch of the company’s regional office. He was received by Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. .Shaikh Mohammad and Musk discussed the company’s activities around the world and its […]

DUBAI// Schools are likely to face higher operating costs, lower profit margins and a scramble for the best teachers, according to education experts. An extra 175,000 school places are expected to be created in the UAE by 2020, 90 per cent of which will be in the private sector. The findings from the PwC Middle East published Understanding the GCC Education Sector, Country Profile: UAE report, states […]

La La Land was the big winner at the 70th British Academy of Film and Television Arts (Bafta) film awards on Sunday night, the last big awards ceremony before the Oscars on February 26. The main Bafta nominations closely followed the Oscars’ list, with La La Land leading the pack with 11 nods (compared with 14 at the Oscars). Arrival had nine nods and Manchester by the […]

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