Local News

  Dubai / Emirates Business Dubai Chamber of Commerce and Industry announced that a high-level panel of judges is scheduled to meet on Sunday to select the winners of the 9th cycle of the annual Mohammed Bin Rashid Al Maktoum (MRM) Business Award and the 1st cycle of the MRM Business Innovation Award. The high-profile awards ceremony, organised by Dubai …

  Sharjah / Emirates Business After assessing hundreds of pieces of art from children around the world, the Organising Committee of the fifth edition of Sharjah Children Biennial (SCB) announced the winners in each of its three categories of Environment, Architecture Design, and Fantasy & Reality. The biennial had received entries from 1,663 children from around the globe, only 785 …

  ABU DHABI / WAM The Ministry of Finance (MoF) signed two final agreements on the avoidance of double taxation and the protection and promotion of investment with Burundi. The agreements came as part of the Ministry’s strategy to expand its international relations and to protect and promote Emirati investments. The agreement was signed by Obaid Humaid Al Tayer, Minister …

  Dubai / WAM Dubai Financial Market (DFM) announced on Thursday that its UAE listed companies have shown a 100% compliance to disclose their preliminary results for the financial year 2016 within the deadline of 45 days from the end of the year in line with the regulations of the Securities and Commodities Authority (SCA). As much as 48 UAE …

  Dubai / WAM Strategic partners are on top of Dubai Airports priorities regarding its strategic plan 2017-2025 to achieve their aspirations of making Dubai International Airport an international model in service and satisfying customers in compliance with the UAE government’s directives, said Majed Al Joker, Senior Vice President of Dubai Airports for Corporate Assurance and Governance. Al Joker praised the …

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and the Malta Financial Services Authority (MFSA) have signed a Memorandum of Understanding to reinforce regulatory cooperation for the supervision of financial institutions, to facilitate joint collaboration and exchange of information as well as support cross border activities. The MoU was signed on February, 2 by Joseph V. Bannister, Chairman of …

  Dubai / WAM Vice President, Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, issued Decree No. (3) of 2017 on the formation of the Board of Directors of Dubai World under the chairmanship of His Highness Sheikh Ahmed bin Saeed Al Maktoum. The new board includes Mohammad Ibrahim Al Shaibani, …

  Abu Dhabi / WAM The total trade in Abu Dhabi of pearls, precious stones and precious metals reached AED13.3 billion during the first 11 months of 2016, according to the most recent statistics on non-oil-related commodities from its land, sea and airports. According to traders in the sector, the trade increase in pearls, precious stones and precious metals reflected the …

  Dubai / WAM The 13th edition of the International Defence Exhibition and Conference (IDEX 2017) and the fourth edition of the Naval Defence Exhibition (NAVDEX 2017) are set to draw the participation of 1,235 specialised local and international companies in the defence industry. This represents a three per cent growth compared to 2015, when 1,200 companies attended. Organised under the …

  Dubai / WAM The Roads and Transport Authority (RTA) of Dubai, completed the second phase of the training programme called “Audit Licence Programme.” RTA completed the first phase of training last April. The programme aims to make employees aware of the importance of internal audit and groom them for practising internal monitoring within their respective organisations by furnishing them with …