Local News

Running red light threatens safety of road users: ADP

ABU DHABI / WAM The Abu Dhabi Police (ADP) has warned drivers about the risks of running a red light when not paying attention and called it a dangerous violation. The ADP cited three reasons for running a red light, which are speeding on crossroads, not paying attention and using mobile phones while driving. It urged drivers to be aware ...

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Union Properties completes debt restructuring with Emirates NBD

DUBAI / WAM Union Properties on Monday announced that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED946 million debt with the bank along with payment of the initial amount as per the new terms. This agreement with Emirates NBD, as the main creditor of Union Properties, will substantially improve the debt ...

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Ajman DED obtains 4 ISO certificates

Ajman / WAM Ajman’s Department of Economic Development (DED) received four new ISO certificates, namely ISO 22301 for Business Continuity, ISO 45001 – Occupational Health & Safety, ISO 14001 – Environmental Management System and PAS 99 Integrated Management Systems. On this occasion, Ali Eissa Al Nuaimi, Director-General of DED, said in a statement that DED seeks to develop working systems, ...

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Nasdaq, DGCX ink tech deal

Dubai / WAM Nasdaq and Dubai Gold & Commodities Exchange (DGCX) on Monday announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as market intelligence, market surveillance and ...

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Emirati economic incentives are flexible, comprehensive: Media

ABU DHABI / WAM The new support initiatives launched by the Ministry of Economy, organised by a committee chaired by Abdullah bin Touq Al Marri, Minister of Economy, with the participation of relevant authorities, are key additions to the series of incentives adopted by the UAE to support its economic sectors, and were recently described by the foreign media as ...

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Dubai launches unified food import platform

DUBAI / WAM Dubai Trade DP World, UAE region’s single window platform for cross-border trade has announced the launch of Zadi, a unified food import platform aimed at facilitating the import and re-export of food shipments throughout Dubai ports. The first-of-its-kind platform in the Middle East is part of Dubai Trade’s plan to be the leading integrated platform in all ...

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UAE to launch navigation satellite next year

AL AIN / WAM The United Arab Emirates will launch a navigation satellite next year aimed at demonstrating the country’s technological capabilities, a top official told Emirates News Agency (WAM). “The first satellite will be launched in 2021 and the second — a technologically enhanced one — the following year,” said Dr Khaled Al Hashmi, Director of the National Space ...

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Ajman DED opens economic activities for Riyada staff

Ajman / WAM Ajman’s Department of Economic Development (DED) announced the opening of all economic activities for those wishing to register for the Reyada Programme for working from home. The Reyada Programme is the first of its kind in Ajman, targeting Emiratis residing in the emirate and enables them to work from home, noting that the number of members registered ...

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Emirates ramps up services to Pakistan

Dubai / WAM Emirates has announced it will increase its passenger services to/from Pakistan starting August 10, offering customers enhanced connectivity to over 70 destinations within its current network, via Dubai. The Dubai-based airline is set to ramp up its flight frequency to/from Karachi, Islamabad, Lahore, and Sialkot; and resume passenger services to Peshawar — providing customers worldwide with greater ...

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UAE aid plane carrying 40 tonnes of relief material arrives in Beirut

Abu Dhabi / WAM A UAE plane carrying 40 metric tonnes of critical medical and food supplies as well as nutritional supplements for kids has arrived in Beirut in support of the victims of the massive explosion that rocked the Lebanese capital on Tuesday. The urgent humanitarian aid comes in implementation of the directives of the His Highness Sheikh Mohamed ...

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