Abu Dhabi / WAM The UAE Cabinet recently approved a proposal by Sultan bin Saeed Al Mansouri, Minister of Economy, to extend the period for existing companies in the UAE to comply with Federal Law No. 2 of 2015 on Commercial Companies by one more year. Companies established before the issuance of the new law under Article No. 374 were ...

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No (18) of 2016 on the establishment of the ‘Hamdan bin Mohammed Award for Innovation in Project Management’. Under the Decree, a Board of Trustees will manage the Award. The Board will ...

  Abu Dhabi / Emirates Business The Telecommunications Regulatory Authority (TRA) launched the initiative, ‘In The Presence of a Book,’ which includes quarterly discussion sessions. Each session will highlight one book published locally and to be discussed in the presence of the book’s author, intellectuals and TRA employees, where attendees will have an open forum with the author. The initiative ...

  Dubai / Emirates Business Dubai Business Events (DBE), the city’s official convention bureau and a division of Dubai Tourism, in partnership with the Dubai Real Estate Institute (DREI), the education arm of the Dubai Land Department (DLD), on Saturday announced that the Emirate will host the 69th World Real Estate Congress in 2018. The annual event organised by the ...

  Abu Dhabi / WAM The Department of Municipal Affairs and Transport (Abu Dhabi City Municipality) is planning to undertake during the third quarter of this year construction works in upgrading rainwater drainage works at a cost exceeding AED 39 million. The project is set for completion two years after the start date. The project epitomises the keenness of the Department ...

  Dubai / Emirates Business Institute of Management Accountants announces Imdaad as this year’s recipient of the “IMA ME Finance Team of the Year Award.” Through this award, IMA identifies and honours the contribution of finance teams in the overall success of their organizations based on the foundations of outstanding performance, management accounting excellence, business partnering and innovation. The recognition ...

  Dubai / Emirates Business Dubai Customs enhanced its outreach to the global business community with a senior delegation visit to Huawei headquarters in Shenzhen, China. To learn first-hand about Huawei’s best practices in areas related to supply chain and customs compliance was the main objective of the visit. The delegation’s mission to Huawei was geared to promote coordination and ...

  Abu Dhabi / Emirates Business Under the patronage of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai International Marine Club (DIMC), the Department of Economic Development (DED) announced the opening of the ‘Sirage Exhibition,’ a Ramadan charity bazaar, being held June 16-21 at the Dubai Festival City Mall. The exhibition features over 50 ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading multi-line insurance providers for individuals and corporates, announced its support to Al Bayt Mitwahid Association for the third consecutive year. Al Bayt Mitwahid, which was launched by the employees of the Abu Dhabi Crown Prince Court in 2012, has since become the foremost ...

  New Delhi / AFP The popular governor of the Reserve Bank of India, Raghuram Rajan, will step down when his term ends in September to return to academia, he wrote in a letter to colleagues published on the central bank’s website on Saturday. Speculation has been rife in the Indian media about whether the former IMF chief economist intended to ...