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AED330mn biz deals sealed at Dubai Derma

  Dubai / WAM The 16th edition of the Dubai Derma Conference and Exhibition concluded on Thursday after three days of tremendous success with a consensus from all its visitors, participants, and speakers that Dubai Derma has surpassed all expectations and witnessed a great success. The event succeeded to attract over its 3 days 12,500 visitors and participants. Dr Abdul ...

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UAE world’s 2nd largest aid donor

  ABU DHABI / WAM The UAE maintained, for the third time in a row, its ranking as one of the 10 largest donor states in the Official Development Aid (ODA) in 2015, according to official data collected by the OECD’s Development Assistance Committee (DAC). According to DAC’s data, the UAE posted the highest ODA to Gross National Income (GNI) ...

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Jafza woos Indian industrialists

  Dubai / WAM Jebel Ali Free Zone, Jafza, the flagship free zone entity of Dubai and the trade and logistics hub for the wider Middle East region, registered an additional 60 Indian companies in 2015 from key sectors, including electronics (20%), steel, construction and building materials (19%), chemicals and petroleum products (17%) and FMCG (6%). With over 800 Indian companies ...

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UAE to join IMF, WBG Washington meet

  ABU DHABI / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation participating in the spring meeting for the International Monetary Fund (IMF) and the World Bank Group (WBG) which will be held from April 15-17 in Washington DC. Al Tayer will also lead the Arab Group at the International Monetary and ...

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DEWA braces for Dubai Expo 2020

  Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), visited DEWA’s projects in support and preparation for the World Expo 2020. The move follows the vision of Vice President and Prime Minister of and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, to host the best World Expo the world ...

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Forum to assess retail banking tech in UAE

  Ritika Sharma / EMIRATES BUSINESS Virtual banking, quick transactions and mobile-to-mobile payments…with new trends ushering in retail banking, the UAE is well-poised to achieve its objective of becoming an undisputed leader in banking technology worldwide. Fast emerging banking technologies will be assessed for its future viability at the upcoming ‘Middle East Retail Banking Forum & Expo’ that will be ...

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Masdar Institute celebrates impact of diversity on research innovation

  Abu Dhabi / WAM A kaleidoscope of culture and ethnicity at Masdar Institute of Science and Technology was on full display as students representing 29 countries presented the distinct elements of each of their diverse cultures on Masdar Institute’s International Day 2016. Dr Abdullah Al-Hefeiti, Acting Dean of Students and Dean of Library, Masdar Institute, said, “This is the ...

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Aldar inks ESCROW pact

  Abu Dhabi / WAM Aldar Properties signed its first ESCROW Agreement with Abu Dhabi Commercial Bank, the first registered ESCROW bank in Abu Dhabi. This agreement will enable Aldar Properties to have ESCROW accounts for the recently announced Yas Acres, a golf and waterfront development comprising 1315 villas and townhouses, on Yas Island. Aldar Properties was the first company ...

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MoI Pavilion a big draw

  Abu Dhabi / WAM The Ministry of Interior’s Pavilion at the Dubai International Government Achievements Exhibition, which concluded on Wednesday, attracted a large turnout of visitors who reviewed the different initiatives and projects displayed by the ministry. These projects and initiatives aim to promote the UAE’s competitiveness and highlight the availability of time and effort saving services offered to ...

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DEWA gears up for World Expo 2020

  Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), visited DEWA’s projects in support and preparation for the World Expo 2020. The move follows the vision of Vice President and Prime Minister of the UAE and Ruler of Dubai, His High Sheikh Mohammed bin Rashid Al Maktoum, to host the best World ...

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