UAE. Emirates, Dubai's flagship carrier, said the European Union's planned carbon emission scheme may cost it as much as US$1 billion over 10 years, as it joined others airlines in objecting to the tax.
From January, airlines flying to or from Europe will have to buy permits from the EU's emissions trading scheme (ETS) for 15% of the carbon emissions produced during the entire flight.
"It (the scheme) will have a very significant impact on Emirates," Andrew Parker, Emirates' senior vice president for industry and environmental affairs, said at a conference in Dubai.
"It's safe to assume som
SAUDI ARABIA. A Massive Open Online Course (MOOC) portal created exclusively for Arab audiences will deliver vocational & employability skills to women, youth, persons with disabilities and citizens in rural communities.
UAE. MENA Private Equity Association launche its eighth "MENA Private Equity & Venture Capital" Annual Report; Consolidation in the private equity industry limits growth in fund raising; 2014 outlook is positive.
UAE. Award in recognition of J.P. Morgan Private Bank's first-class service in the financial services industry and the highest levels of leadership, innovation and expertise provided to customers globally.