ADEC gains first place at International ESRI’s GIS Competition

Abu Dhabi:Abu Dhabi Education Council (ADEC) has scored the first place at the Geographic Information Systems (GIS) Competition at the International Education User Conference, San Diego, USA. The event was organized by the Environmental Systems Research Institute (ESRI) from July 20th until the 27th 2012, and attended by more than 15,000 participants from all over the world. ADEC’s winning GIS application is called “i-ADEC”, a mobile application developed as an…

Dubai Customs foils bid to smuggle over 1 kg of heroin

Dubai: Dubai Customs inspectors at Dubai International Airport (DIA) have foiled a bid to smuggle more than 1 kg (1,166 grams) of heroin, concealed in the guts of an Asian traveller coming into the country from an Asian country through DIA Terminal 1. Ali Saleh Al Maghawi, Director of Passenger Operations Department at Dubai Customs, said customs inspectors suspected a passenger who after having completed the passport procedures seemed confused,…

RTA unveils new thrusts to raise profile of Dubai Award for Sustainable Transport

Dubai:The Higher Committee of the Dubai Award for Sustainable Transport (DAST) has always been keen on broadening and uplifting the profile of the Award right from inception in 2008 and up to the announcement of winners of its fourth edition last year. The Committee’s attention to propel the Award’s mechanism stems from its intentions to inculcate all the concept of Sustainable Transport among government and quasi-government entities as well as…

قطر تتوسع في الصفقات الناجحة

قالت نشرة وكالة بلومبيرغ المالية أن قطر تعتزم زيادة وتيرة استثماراتها القوية والتي جعلتها من أفضل المستثمرين في المشروعات الناجحة حول العالم. وبعد نجاحها في شراء محلات هارودز العملاقة في لندن يسعى صندوق الاستثمار السيادي الوطني لزيادة أرصدته التي تبلغ حاليا 100 مليار دولار من خلال التوسع أكثر في الصفقات الناجحة. وتسعى قطر حالياً لشراء شركة اكستراتا السويسرية التي هي من اكبر الشركات في قطاع المناجم بالعالم بشكل كامل خاصة…

“Booming” Dubai art market forced to shift gears

Dubai has discovered there really are some things money can't buy. After a decade of petrodollar-driven success that has established it rapidly as a regional financial, trade, tourism and retail centre, the emirate has hit a speed bump in an unexpected arena - art. Burgeoning enthusiasm for collecting art convinced many that Dubai was about to become an overnight sensation in the international market, putting a gloss of sophistication on…

World’s sixth richest man buys up Hawaiian island

Billionaire Oracle CEO Larry Ellison bought 98 percent of Hawaii's sixth-largest island, Lanai, the state's governor announced on Wednesday. Ellison, ranked in 2012 as America's third-richest man, is purchasing the property from fellow billionaire David Murdock. Murdock's Castle and Cooke Inc, which owns all but 2 percent of Lanai's 365 sq km, filed a transfer application with Hawaii's Public Utilities Commission. Previous media reports put the price tag at between…

Saudi king sacks railways boss after crash

The king of Saudi Arabia has sacked the head of the Saudi Railways Organisation, just days after a train carrying 332 passengers derailed en route from Dammam to Riyadh, according to Saudi Press Agency (SPA). “The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud issued today a royal order relieving Eng Abdulaziz bin Mohammed Al-Hokail, General President of Saudi Railways Organisation, from his post,” it was…