UAE

Discrimination at the airports denied by UAE

Discrimination against any particular nationality at the various airports of the country has been denied by an official of United Arab Emirates (UAE) Foreign Ministry.

The official stated that at the airports, state of the art equipment is used for security checks and all passengers, irrespective of their nationality are required to go through these procedures.

These comments from the official came after the recent statement given by the Iranian Foreign Ministry accusing UAE of the discrimination shown by the country against the Iranian travelers at their airports.

$1 billion being invested by Abu Dhabi for Hollywood project

Abu Dhabi- United Arab Emirate (AHN) – State owned Abu Dhabi Media Co., on Wednesday, expressed its willingness to invest over $1 billion in Hollywood-type film and digital media production.

This they would do in partnership with Hollywood and other international movie producers. The company mentioned that it has set up Imagination Abu Dubai to enter into the partnerships.

"Imagination Abu Dhabi will enter into partnerships with high-profile USA-based and other international producers to develop and produce content for distribution throughout the world."

Emirates Telecom inks pact to acquire 45% stake in Swan Telecom for $ 900 million

UAE based leading telecom operator Emirates Telecommunications Corp. (Etisalat) has signed an agreement to acquire 45% stake in India's Swan Telecom for around $900 million.

Etisalat has valued Indian GSM service provider, Swan at USD 2 billion.

The remaining 55% stake in Swan will be held by several entities, including the Mumbai-based Dynamix Balwas Group (DB Group).

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