Local News

  ABU DHABI / WAM Abu Dhabi Securities Market (ADX) and Abu Dhabi Global Market (ADGM) have entered into an agreement to foster bilateral cooperation. Chairman of ADX, Hamad Abdullah Al Shamsi, and Chairman of ADGM, Ahmed Al Sayegh signed the memorandum of understanding (MoU) at ADGM Office in the presence of senior officials from both organisations. The agreement supports …

  Dubai / Emirates Business The Department of Economic Development met with representatives of major hypermarkets in Dubai to discuss the setting up Consumer Protection Counters across retail outlets for receiving and resolving consumer complaints amicably. Meetings have been concluded with seven hypermarkets, including Emirates Co-operative Society, Carrefour, Spinneys, Union co-operative Society, Géant, Lulu and Hyper Panda. The Commercial Compliance …

  Yerevan / WAM According to a study by Alpen Capital Middle East, as a result of its rising population the UAE is expected to witness the fastest growth in food consumption by 2019. Mazola conferred that there is also an upsurge in food consumption anticipated in the other Gulf countries, resulting from promising macroeconomic developments. This increase is expected to …

  Dubai / Emirates Business The Ewan Residences to dig up across-the-board revamp to align with the modern lifestyle needs of New Dubai. Ewan Residences is a flagship residential community owned and developed by the Lootah Real Estate Development LLC, a high-end property developer in the UAE. It was announced in company’s Annual Leaseholders Meeting held in Dubai. The meeting …

  Dubai / Emirates Business Paladion, a specialized information risk-management provider, has on Sunday announced that it received the gold partner status with Tenable Network Security, Inc., a company transforming security technology for the business needs of tomorrow, to provide customers with the complete visibility and critical context needed to take decisive actions that strengthen security posture across the entire …

  Dubai / Emirates Business Under the unlimited support of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and President of Hamdan Bin Mohammed Smart University (HBMSU), and the close follow up of the Board of Trustees, the university has received Pearson recognition in education. The achievement complements HBMSU’s leadership in driving innovation, creativity and …

  RITIKA SHARMA / Emirates Business As the UAE takes strides towards promoting environment initiatives, companies in the country are also leading the eco-march by example. In a recent and much-talked-about event, when UAE-based hotels chain ‘TIME Hotels’ grabbed the prestigious Green Key Award, the message went out loud and clear — that UAE is committed to the best when …

  RITIKA SHARMA / Emirates Business A testimony to the rising popularity and acceptance of digital banking in UAE, a recent report affirms that use of online apps is on a rise in the country. Banking and finance apps usage has more than doubled in recent years, putting a full stop to all speculations about approval of technology in bank …

  Emirates Business MBLM, the Brand Intimacy Agency focused on strategy, design, creative and technology, announced today the launch of its ‘I Drink Local’ mobile app for the iPhone and Android. I Drink Local is an MBLM initiative created to promote the consumption of local water for a more sustainable environment and reduction of our carbon footprint. The new app …

  ALKESH SHARMA / Emirates Business As reports predict that whopping revenue of US$2 trillion will be generated through digital payments globally by 2020, experts also press for the need of having secure networks for the companies to ensure there is no cyber money heist. Industry veterans say that with astonishing rise in the users of digital payment platforms, these …