Local News

  Sharjah / WAM In order to improve road safety, the Sharjah Police have recommended lowering the speed limit along the Maliha Road, particularly the section between Al Badea Bridge and Sheikh Khalifa Road exit, from 120 km/h to 100 km/h. The new speed limit has become effective with the beginning of 2017. The decision was taken on the basis of …

  Sharjah / Emirates Business Under the theme ‘A World as Big as Your Imagination’, the spirit of children’s collaboration has shone through in the artwork submissions received for the forthcoming Sharjah Children Biennial (SCB). Sharjah Children Centres announced receiving a total of 792 artworks from 1,663 children representing 27 Arab and foreign nationalities for the fifth edition of SCB. …

  Sharjah / Emirates Business University Hospital Sharjah (UHS) conducted its first cochlear implant procedure on an eight-year-old girl who was born with hearing difficulty, giving her the ‘gift of hearing’. After a two-week break to recover from the operation, the girl returned to the hospital for a follow up where the cochlear implant was activated for the first time …

  Dubai / Emirates Business Starting Monday, the Ministry of Human Resources and Emiratisation (MOHRE) shall begin monitoring the recently announced decrees which mandates private sector establishments, employing 500 plus workers, to hire at least one Emirati jobseeker for an occupational health and safety officer position. Secondly, companies engaging over 1,000 workers must hire a minimum of two data entry …

  Sharjah / Emirates Business More than a dozen inmates at the Punishment & Correctional Institution Department in Sharjah participated in a highly engaging and innovative technology workshop built around the Arduino programming system, recently organised by Sharjah Department of eGovernment (DeG) in collaboration with Sharjah Police G.H.Q. An ‘out of the box’ rehabilitative activity designed and conducted by DeG’s …

  Dubai / Emirates Business Dubai has once again mesmerised the world with a magnificent New Year’s Eve fireworks spectacle by Emaar Properties, bidding farewell to 2016 and welcoming in 2017 in resplendent style. Hundreds of thousands of spectators from all over the world joined the celebrations in Downtown Dubai, Emaar’s mega-development in the heart of the city, centred around …

  DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED1.016 billion, while value of stocks they sold stood at AED1 billion, with net foreign investment on the market reaching AED15.4 million during the period, as aggregate buy. Value of shares bought by foreigner investors …

  Dubai / AFP Dubai-based port operator DP World said on Thursday it has acquired an additional 23.94 percent stake in South Korea’s Pusan NewPort Company, giving it a majority shareholding. The purchase from Samsung Corporation brings to 66.03 percent DP World’s stake in PNC, which operates the largest terminal at the port of Pusan, the company said in a …

  DUBAI / WAM In a bid to strengthen its network of relations with various stakeholders and regional and international entities, the Ministry of Finance (MoF) received a delegation from Kuwait Capital Markets Authority on its premises in Dubai. The visit aimed to review the ministry’s experience in risk management and internal audit in government financial work. Faisal Al Mansouri, …

ABU DHABI / WAM Twofour54, the commercial arm of Abu Dhabi’s Media Zone Authority, and Abu Dhabi Fund for Development (ADFD), the national organisation owned by the Abu Dhabi government, have signed a memorandum of understanding (MoU) to promote their co-operation, exchange of information and media expertise. Under the agreement, the fund will receive technical support for its services and its …