Local News

  Abu Dhabi / WAM The National Media Council (NMC) presented 22,000 books to the Ministry of Culture and Knowledge Development (MoCKD), in line with the initiative launched by President His Highness Sheikh Khalifa bin Zayed Al Nahyan to mark 2016 as ‘The Year of reading’. Mansour Al Mansouri, Acting Director of the NMC, said His Highness Sheikh Khalifa bin Zayed …

  Dubai / Emirates Business On its second year, the Global Grad Show is opening in Dubai from October 24-29 attracting an unprecedented number of student innovators exhibiting their unique designs. The show returns with 145 projects from 50 leading global universities, representing an almost three-fold increase in participation over last year and, for the first time, includes schools from …

  Dubai / Emirates Business The 35th edition of the Sharjah International Book Fair (SIBF), taking place from November 2-12 has announced that 2016 is set to be another record-breaking year. The organisers of the third largest book fair in the world have revealed that its total exhibition area for publishers has been already sold out, with two more months …

  Siddhartha Bhattacharya / Special To Emirates Business The Era of Data Chaos has arrived. Businesses in UAE need a better way to face the mountains of data created every day. Depending on the industry, your company possesses between 1 million and 12 million gigabytes of information. Most of that data is unstructured. Of course, this makes document management chaotic. …

  SHARJAH / WAM The Sharjah Islamic Bank PJSC (SIB) successfully issued a US$500 million sukuk (Islamic finance bond) in international capital markets, eliciting an outstanding response from investors and garnering orders to the tune of US$1.6 billion, thus resulting in being 3.2 times over-subscribed. With a maturity of five years, the sukuk was priced at a spread of 185 …

  Dubai / WAM Schneider Electric, a global leader in energy management and automation, ranked Masdar Institute among its top 12 finalists in the sixth edition of its globally-renowned, annual ‘Go Green in the City’ student competition. Launched in 2011, ‘Go Green in the City’ is a platform that invites business and engineering students (second-year undergraduate or higher) to develop …

  Dubai / WAM The UAE cabinet on Sunday adopted the National Space Policy of the UAE, the most important element in the national plan to develop the space sector. The Space Policy is rudimentary for driving the entire sector forward within the framework of the UAE National Agenda, part of the UAE Vision 2021. The UAE is working towards a stable …

  Sharjah / WAM Sharjah Media Centre (SMC) invited submissions from journalists and media professionals to compete in the new ‘Best Press Report/Feature’ category of the fourth edition of the Sharjah Government Communication Award (SGCA) submissions for which are open from October 1 to January 20. Tariq Saeed Allay, SMC Director, said that through its numerous initiatives, the SMC seeks to …

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has declared a public holiday from Sunday, September 11th till Tuesday, September 13, for private sector employees on the occasion of Eid Al Adha. It added that the employees in private firms will enjoy the three-day paid holiday. According to Article No. 74 of the Federal Law No.8 of 1980 …

  Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, has reported increased profits during the first half of this year, with revenues in excess of AED147 million between the months of January to June 2016. The reported half-year figures, announced ahead of the upcoming Cityscape Global …