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$2.4trn worth of projects in GCC’s pipeline offer vast opportunities

Dubai / Emirates Business With an estimated $2.4 trillion of projects planned across the GCC, the region still offers abundant opportunities as governments seek to develop infrastructure to meet the needs of rapidly expanding populations, and to deliver economic diversification. The region offers some of the best project opportunities in the world. The need for infrastructure and economic diversification is ...

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Rise in FDI inflows reflects investor confidence in Dubai’s economy

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council has stated that increasing foreign direct investment (FDI) inflows reflect growing investor confidence in Dubai. FDI into Dubai recorded significant growth in the first half of 2018, reaching $4.84 bn (AED17.76 bn), a 26% up compared to ...

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ACA spent AED53.6mn in humanitarian assistance

Ajman / WAM Al Ihsan Charity Association (ACA), has spent AED53.6 million in humanitarian, charitable, social, educational and health assistance in the first nine months of the year. Dr Sheikh Abdul Aziz Al Nuaimi, CEO of ACA, said financial assistance was offered to widows, divorcees, abandoned wives, wives of prisoners, surgeries, medicines, rental arrears and school fees. “Humanitarian financial assistance ...

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Ruwad OKs AED1.2mn for Sharjah entrepreneurs

Sharjah / WAM The Sharjah Entrepreneurship Foundation (RUWAD), has approved an allocation of AED1.2 million for supporting Emirati entrepreneurs in the emirate of Sharjah through its direct or indirect financing programmes. Approvals of projects by national entrepreneurs were given during the 13th regular meeting of RUWAD’s executive committee after they satisfied financing requirements and conditions. The financing programme, in cooperation ...

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IGCC curates workshop on strategic social media engagement

Sharjah / Emirates Business The International Government Communication Centre (IGCC) has curated a workshop titled ‘Strategic Government Engagement through Social Media’, on at Al Majaz Amphitheatre in Sharjah. The workshop was aimed at training participants to excel in the contemporary digital environment and at providing them with social media strategic planning skills, through using methods and techniques that are based ...

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Sharjah organises trade mission to Lisbon to attract investment

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), is organising a trade mission to Lisbon in Portugal from October 8-10, with the aim of enhancing economic cooperation and mutual investment between Sharjah and Portugal, under the framework of the growing bilateral relations between the UAE and Portugal in various fields. The mission comes at a time when ...

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231,000 Yemenis benefit from ERC food aid in 10 days

ADEN / WAM­­­­­ The Emirates Red Crescent (ERC), has distributed 33,000 food baskets to people in liberated Yemeni districts over the past ten days, reaching 231,000 Yemeni citizens, including 165,000 children and 34,000 women. The distribution covered 21 districts in nine Yemeni governorates: Aden, Dhale, Abyan, Lahij, Hodeidah, Hadramaut, Shabwa, Taiz and Al Mahra. The efforts are part of an ...

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Zaitoun Green Shipping reinforces eco-efficiency

Dubai / Emirates Business The Dubai-based Zaitoun Green Shipping LLC participated at the second edition of “Malta Maritime Summit”. The event carries the theme of ‘The Voice of the Industry’, and several important themes, such as logistics, security, finance, digitalisation, sustainability and Brexit, will be addressed. Commenting on his participation, Eng. Mohammed Zaitoun, President and CEO of Zaitoun Green Shipping ...

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Preparations for Gitex 2018 complete: Dewa

DUBAI / WAM The Dubai Electricity and Water Authority, DEWA, has completed its preparations for Gitex Technology Week (Gitex, 2018), between October 14-18, at the Dubai World Trade Centre (DWTC). DEWA’s participation aligns with the government’s directives for digital transformation, shaping of the future, and keeping pace with the Fourth Industrial Revolution. Dewa will showcase its latest solutions, digital technologies, ...

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