Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) recently hosted a roundtable that examined the role of Dubai’s private sector in supporting the UAE’s Year of Giving, which identified ways businesses can align their corporate social responsibility (CSR) and sustainability practices with the national initiative. The event, organised by the Chamber’s Centre for Responsible Business, was ...

Abu Dhabi / WAM In its latest Global Investment Outlook presentation, Abu Dhabi Islamic Bank (ADIB), suggested that investors should consider taking an “overweight” position on GCC and European equities as well as the Japanese yen. “Reaching out to our customers and offering them our unique insights into the global investment landscape is central to our mission as trusted financial ...

Abu Dhabi / WAM Etihad Airways on Tuesday announced plans to boost its European Dreamliner network with the deployment of Boeing 787-9 aircraft to Amsterdam and Madrid. The 299-seat Dreamliners will be introduced on year-round scheduled services to Amsterdam from September 1, and to Madrid from October 1, joining Dusseldorf and Zurich as the airline’s other European Dreamliner services. The ...

Dubai / WAM Senior officials from the Roads and Transport Authority (RTA), and Dubai Police have met to discuss road safety strategies in preparation for Dubai hosting Expo 2020. Mattar Al Tayer, RTA Director-General and Chairman of the Board of Executive Directors, and Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, discussed the Dubai Traffic Safety Strategy and ...

Abu Dhabi / WAM To celebrate the #Year of Giving, Etihad Guest has launched a special Ramadan campaign with Emirates Red Crescent (ERC), to provide thousands of meals to families and children in need in Somalia. Members of Etihad Airways’ award-winning loyalty programme can donate their miles to the emergency response in the African country, with 750 Etihad Guest Miles ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA), announced that it awarded the contract for the third phase of K-Station at Jebel Ali Power Station to Spanish company Duro Felguera, worth AED798 million. The project includes the supply, installation, testing and launch of 2 F-type gas turbines from Siemens AG that will produce 590MW at 50 degrees centigrade. The ...

Ajman / WAM Abdulrahman Mohamed Abdullah Al Nuaimi, Director-General of the Municipality and Planning Department, has launched the strategic project ‘Sanad’ in cooperation with Huawei, the giant telecommunications and information technology corporation. The project aims to build and update technical infrastructure services by applying the latest and advanced technology that ensures information and networks security, agility, and easily converting to ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD), has launched the “Consumer Empowerment Index” to measure consumers’ knowledge about a number of policies, initiatives and standards of the product and the market. The Index has been released to reveal wrong practices committed by consumers when purchasing, as well as to facilitate the procedure of claiming consumers’ rights. The Department ...

Bloomberg Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources. In recent proposed changes to industry regulations, the Norwegian government beefed up its possibility to rej-ect non-European entities on grounds of national security from acquiring offshore oil and gas licenses. “I would ...

Bloomberg Some of Europe’s biggest utilities joined a project to test blockchain-based trades in wholesale power and natural gas markets. Utilities from Enel SpA to RWE AG will start live trading based on blockchain in the fourth quarter, after tests that start in August, said Michael Merz, managing director at Ponton GmbH, the developer of the project. The software, called ...