Local News

DUBAI / WAM A delegation from Dubai Food Park (DFP), the region’s largest specialized zone dedicated to serving the rapidly growing food sector, visited Perth, the capital of Western Australia, to explore emerging opportunities for cooperation with regional public and private sector entities active in the food industry between Australia and UAE. A key priority area for the delegation was …

Abu Dhabi / Emirates Business Major Chinese companies now rank among the biggest national contingents at one of the world’s largest oil and gas industry events, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), as they look to secure an increasing share of global resources and markets. Almost 160 Chinese companies have confirmed they will attend ADIPEC, booking around …

UMM AL QAIWAIN / wam His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, UAQ, attended the signing of an agreement between the UAQ government and the Hutchison Ports Company, in Hong Kong, to develop and operate the container terminal facilities at the Ahmed Bin Rashid Port in UAQ. The signing ceremony, …

Dubai / WAM Crown Prince of Dubai and Chairman of Dubai Executive Council H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the first report of the Urban Mobility Innovation Index (UMii) that features 30 global cities including London, New York, Munich, Istanbul, Hong Kong, Kuala Lumpur and Dubai. The report was approved by the Board of International Association …

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD), and Total E&P UAE signed an agreement to further develop Al Wathba Wetland Reserve and turn this globally recognised site into a national and regional hotspot for education and ecotourism and model of responsible tourism. The agreement was signed on Monday by Razan Khalifa Al Mubarak, Secretary-General of EAD, …

Abu Dhbai / Emirates Business Abu Dhabi is gearing up to host the world’s first international exhibition on agricultural investments, Agriscape 2017, that will kick off at Rosewood Abu Dhabi under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs. The event, from Nov 14 to 15, will bring together 51 …

Dubai / WAM The first phase of the Parallel Roads Improvement Project in the Godolphin vicinity, which comprises two phases costing AED1 billion, has been opened. The project, which is part of the strategic plan of the Roads and Transport Authority (RTA), for easing the pressure on main roads, is one of the biggest currently being undertaken by the authority. …

Dubai / Emirates Business In an effort to help employers understand what motivates employees to be more productive, Oman Insurance Company (OIC) and Bupa Global conducted a study to find out how much workplace productivity hinges on happiness – and what businesses can do to help. The findings of the study will be discussed amongst decision makers and employers attending …

DUBAI / WAM The UAE Cabinet, presided over by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, approved the federal budget for 2018-2021 with a total of AED 201.1 billion, of which AED51.4 billion is for 2018, with a zero deficit. This came during the extraordinary session held at the …

DUBAI / Emirates Business Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, announced its financial results for the nine months period ending September 30. The company recorded a net profit of AED30 million for the nine months period ending September 30. The company reported profit of AED14 million for Q3, an increase of 100% compared …