Local News

Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) has revealed the signing of a strategic Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia’s (KSA) Economic Cities Authority (ECA) that is aimed towards developing proposals and suggestions that can help drive in more potential foreign investments to the Gulf region. The MoU was signed by H.E Dr …

WASHINGTON / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named the safest bank in the Middle East at Global Finance Magazine’s 2017 Best Banks Awards. FAB was also recognised as the Safest Bank in the UAE, one of the World’s 50 Safest Banks, one of the 50 …

Dubai / WAM Emirates launched a $15 million campaign to inspire travel and promote the airline’s extensive network of global destinations, including its home and hub, Dubai. The campaign is backed by the iconic musical soundtrack of Queen’s “Don’t stop me now”, which was found in a scientific study to be the most uplifting or “feel-good” tune on the UK …

Dubai / Emirates Business Under the patronage of His Excellency Dr Abdullah Bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority – Land and Maritime, preparations are underway to launch the 3rd Maritime Academic Conference & Expo “Maracad 2017”. The event will take place in Dubai World Trade Center on October 30 and …

Dubai / WAM DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation (PCFC) Sultan bin Sulayem revealed the value of Dubai’s information technology trade figures in the first half of 2017 which is AED 134.5 billion, including AED 86.8 billion of imports, and AED 47.7 billion of exports and re-exports. He pointed out that …

ABU DHABI / WAM The Emirates News Agency (WAM), signed a Memorandum of Understanding (MoU), with ENEX, an association of the world’s leading commercial TV broadcasters, to strengthen joint co-operation in news exchange and transmission of media content through the latter’s international circulation platforms and outlets in Europe, America, Africa and Asia. Inked on the sidelines of the ENEX General …

ABU DHABI / WAM The Abu Dhabi Department of Urban Planning and Municipalities (DPM), is leading a project to develop a Capital Investment Planning System (CIPS), that will automate processes and bring together all government capital projects across the emirate. CIPS will aim to house all major five-year capital plans such as utilities, roads and community facilities under one overarching …

RAS AL KHAIMAH / WAM The Ras Al Khaimah Chamber of Commerce and Industry and a high-level delegation from the Duchy of Luxembourg met to discuss joint economic activities and investment opportunities. The delegation from Luxembourg was headed by Prince Guillaume, Heir Apparent of Luxembourg. The talks included economic issues of mutual interest in addition to bringing together local companies …

SHARJAH / WAM The 5th GCC Human Resources and Labour Market Executive Conference will begin on Sunday, under the patronage and in the presence of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah. Themed ‘Gulf Human Capital, a Promising Wealth’, the conference is being organised by the Sharjah Chamber of Commerce and …

ABU DHABI / Emirates Business twofour54, Abu Dhabi’s media and entertainment hub, has been acknowledged as having one of the best eyes for an investment in the region. The free zone has been ranked 10th on the Forbes Middle East’s list of the 50 Most Active Investors – and the second highest accelerator. The list, which was revealed at the …