Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) announced on Tuesday amendments to the mechanism of achieving Emiratisation targets in private sector companies with 50 employees or more, in line with the amendments of the provisions of Cabinet Resolution No. 5/19 for 2022. Companies will now be required to increase Emiratisation in skilled jobs by 1% …
Read More »Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) continues to support big players in the agri-tech sector with the setting up of Al Amir Food Industries’ (Aafi) 13,500 m2 processing unit for healthy pulses and spices. With an investment of AED35 million in its new factory at Al Ghail Industrial Zone, the Indian company will create …
Read More »Dubai / WAM Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services, has secured a contract to provide comprehensive common area cleaning services, along with room attendant services, to the Dubai Foundation for Women and Children (DFWAC), the first licensed non-profit shelter in the UAE for women and children. Under its year-long agreement with DFWAC, …
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Abu Dhabi / Gulf Time “Al- Shaqi†owned by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, crowned as the champion of the Sheikh Zayed Festival for 60- foot sailing bearings, in the first round of this category, which was launched by the Abu Dhabi Marine Sports Club. The race was held under …
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Dubai / Gulf Time Marrybrown, one of the leading halal-quick service restaurants in UAE, opened its Dubai International Airport Terminal 1 outlet. Hadi Ebrahim Al Abbas, Chief Communications Officer – Al Abbas Group said that the opening of the outlet is a momentous occasion and a testimony to the patronage that Marrybrown has in this region. “We have been …
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Abu Dhabi / WAM Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Azerbaijan’s renewable energy development with the opening of an office in Baku, the capital city. The inauguration event for the office, located in Port Baku Tower, was attended by Mohammed Murad Al Blooshi, UAE ambassador to Azerbaijan; and Javid Abdullayev, …
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Dubai / WAM Investopia, the global investment platform launched by the UAE government, announced a new partnership through signing a MoU with Emirates Development Bank (EDB), one of the key financial engines for the economic development and industrial advancement of the UAE. Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, witnessed the MoU signing during a …
Read More »Dubai / WAM DP World Limited handled 79 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year 2022, with gross container volumes increasing by 1.4% year-on-year on a reported basis and up 2.8% on a like-for-like basis. On a Q4 2022 basis, DP World handled 19.5 million TEU, up 2.4% on a …
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Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Qasr Al Watan Abu Dhabi, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance; HH Lt. …
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Abu Dhabi / WAM UAE-headquartered Burjeel Holdings on Monday announced the signing of a memorandum of understanding to create a joint venture (JV) with Leejam Sports Company, the owner and operator of 155 ‘Fitness Time’ branded fitness centres in Saudi Arabia and the UAE. The MoU, signed at the Ministry of Investment of Saudi Arabia headquarters in Riyadh, will …
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