Local News

  Dubai / WAM Dubai Air Navigation Services (dans) the leading air navigation services provider for Dubai and the Northern Emirates, is participating in the Dubai International Government Achievements Exhibition (DIGAE) held under the patronage of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The exhibition will run at the Dubai World …

  SHARJAH / WAM Sharjah Investment and Development Authority, Shurooq, has announced that progress on the second phase of the ‘Heart of Sharjah’ development, one of the largest heritage and tourism projects in the region, is right on schedule. The announcement from Shurooq coincides with the hosting of two major heritage events in Sharjah, the Sharjah Biennial 2017, which commenced …

  Abu Dhabi / Emirates Business Abu Dhabi National Exhibition Centre (ADNEC) hosted the gathering of the Elite Council, a community initiative launched by Abu Dhabi Health Services Company (SEHA) to implement mechanisms for sharing knowledge and experience towards achieving organisational excellence. Representatives of all 20 members of the Council attended the event. Comprising various government and private entities across …

Abu Dhabi / WAM Abu Dhabi Media (ADM) announced the official launch of “Radio 1” and “Radio 2” stations, part of the Abu Dhabi Radio Network, bringing the total number of stations under its umbrella to eight. The new launch, which brings ADM’s number of brands up to 27, underscores the corporation’s plans to expand its English-language radio stations. The …

  Abu Dhabi / Emirates Business As part of the Abu Dhabi Government’s on-going efforts to promote sustainable mobility and to meet the needs and aspirations of the public, the Department of Municipal Affairs and Transport (DMAT) implemented the “Park and Ride Service” for companies in the emirate of Abu Dhabi. Currently, as many as nine entities operate from Park …

  ABU DHABI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum on Sunday visited an exhibition held as part of the 7th Annual Investment Meeting, AIM 2017, a world-leading, emerging markets’ foreign direct investors platform under the theme, “International Investment and Competitiveness”. As many as 250 companies …

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), announced on Sunday that it has succeeded in achieving a compliance rate of 100 percent regarding the disclosure of the annual financial statements of its listed public joint stock companies within the deadline of 90 days from the end of the fiscal period. All public, and private, listed companies listed …

  Bloomberg First Gulf Bank PJSC and National Bank of Abu Dhabi PJSC completed a merger to create the United Arab Emirates’ biggest bank with assets of $180 billion, with the new entity to be called First Abu Dhabi Bank. The lender began trading on the Abu Dhabi Securities Exchange on Sunday under the ticker NBAD, with shares up 1.5 …

  DUBAI / Emirates Business The UAE plastics industry is the fastest growing in the GCC, growing by 24.2% per annum in the past decade. This is according to the ‘GCC Plastic Industry Indicators 2016’ report due to be released at the 8th edition of GPCA PlastiCon by Gulf Petrochemicals and Chemicals Association (GPCA), the go to resource for industry …

  DUBAI / Emirates Business Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, was recently awarded a three-year contract worth approximately AED 4 million by the iconic Dubai Maritime City, a sole specialized maritime cluster for UAE and GCC and dubbed as world’s first maritime center. Under terms of their agreement, Imdaad will deliver integrated FM …