Local News

DFM adds 20,552 new investor accounts in first 7 months of ’22

Dubai / WAM Brokerage companies in the Dubai Financial Market added 20,552 new investor accounts in the first seven months of 2022. The market also witnessed significant momentum since the announcement of the listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (Dewa), the Tecom group, and Union Coop. The number of new accounts in ...

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Seha unveils updated visa screening app

  Abu Dhabi / WAM The Abu Dhabi Health Services Company (Seha) has announced the release of the updated Seha Visa Screening app with a range of new features. The newly launched update, available for iOS and Android phones, includes an appointment booking feature for companies and groups, in addition to online payment through Apple Pay and Samsung Pay. To ...

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Adihex launches contest for most beautiful photographs

  ABU DHABI / WAM Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) announced the launch of the most beautiful photography contest that reflects the theme of its upcoming edition, “Sustainability and Heritage … A Reborn Aspiration”. The contest expresses in the language of art the efforts of Abu Dhabi and the world in promoting the sustainability of the environment, ...

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Emirates restarts daily service to London Stansted

  Dubai / WAM Emirates resumed passenger services to London Stansted (STN), serving its third London gateway with a daily flight. The airline has advanced plans to increase capacity from five-weekly services to a daily flight. With the return of services to Stansted, Emirates has ramped up its operations to London with nine daily flights, including six daily flights to ...

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UAEU publishes 1077 research articles in H1 2022

  AL AIN / WAM The United Arab Emirates University (UAEU) has set scientific research at the forefront of its ambitious strategic vision, where research is considered a key to institutional innovation and foresight, to create a vibrant, sustainable future for the next generation. In line with the vision, the faculty members of UAEU have produced 1,077 research articles during ...

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CBUAE eases borrowing norms for Sheikh Zayed Housing Programme

  ABU DHABI / WAM The central bank of the UAE (CBUAE) issued a notice to all banks and finance companies operating in the UAE on housing loans granted to beneficiaries of Home Finance of Sheikh Zayed Housing Programme (SZHP). The notice included details of the CBUAE decision, in agreement with SZHP and in line with Article (5) of the ...

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UAE President, VP receive New Hijri Year greetings

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, has received congratulatory cables from the Kings, Presidents and Princes of Arab and Muslim countries, on the occasion of the new Hijri Year. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received similar cables ...

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Sharjah’s exhibition season back with eventful calendar

Sharjah / WAM Sharjah’s exhibition and conference season will soon kick off with a wide range of major local, regional, and international events hosted and organised by the Expo Centre Sharjah during the last four months of 2022. From August 26 to January 1, 2023, Sharjah will host a total of 11 business, commercial, and cultural events that will draw ...

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NBF profit hits AED150.5mn in H1 2022

  Fujairah / Gulf Time The National Bank of Fujairah (NBF) announces its results for the six month period ended June 30. The bank recorded year-on-year growth of 97.5% to close the six month period at a net profit of AED150.5 million compared to AED76.2 million in corresponding period of 2021, up 49.4% quarter-on-quarter and 163.6% for three month period ...

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Hamriyah Free Zone, Rafid to set up integrated technical centre

  Sharjah / WAM The Hamriyah Free Zone Authority (HFZA) has partnered with Rafid Automotive Solutions to establish an integrated technical centre within the free zone and provide vehicle repair, maintenance, inspection, as well as registration services and roadside assistance. In addition to promoting Sharjah’s competitive edge, the partnership agreement will also fuel the effort by both parties to upgrade ...

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