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Dirham undervalued 25%, says Big Mac survey
The UAE dirham, like other Gulf currencies, is undervalued against the US dollar by nearly 25 per cent, says the Big Mac Index survey, conducted by the Economist magazine.
 
Hybrid taxis to hit roads soon
In Dubai the existing fleet of taxis operating in Dubai will soon be replaced with eco-friendly counterparts running on 'hybrid' engines that would run on both fuel and electricity, said Abdul Aziz Malik, CEO of the Taxi Agency at the Roads and Transport Authority (RTA).
 
Insurance premium
Health Insurance premium for visitors will not be fixed by the Federal Naturalisation and Residency Department (FNRD). It would be left to the insurance companies to make that decision, according to the services provided to the visitors, said a senior official at the Ministry of Interior (MoI). Afte
 
It's a pleasure to fly, says superjumbo pilot
In Dubai when Emirates airline's Airbus A380 touches down at New York's John F Kennedy Airport on its inaugural flight on August 1, it will be the airline's A380 Chief Flying Instructor easing the superjumbo in for a perfect landing.

 
Dubai roads and traffic release the road safety targeting truck drivers
Dubai: Dubai Roads and Transport (RTA) has launched a campaign on road safety, the penalties, by heavy vehicles.

In cooperation with the police in Dubai, the campaign aims to reduce traffic accidents involving heavy trucks, refrain from the leadership unwise and strengthening respect for the rights of road users.
 
Dh432m Dubai projects approved
Sheikh Hamdan bin Rashid Al Maktoum, Dubai's Deputy Ruler and UAE Minister of Finance, has approved Dh432 million worth of projects in Dubai.

The infrastructure development projects include sewerage and storm water drainage networks for the Dubai Academic City at a total cost of Dh298.3m, which is to be completed within 544 days.


 
Opportunities for a new investment for women will be promoted
Dubai News  report that a Memorandum of Understanding (MoU) for promotion of value-added investment opportunities for women entrepreneurs in the country was signed yesterday between Forsa and Mohammed bin Rashid Establishment for Young Business Leaders (SMEs).
 
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