Local News

DUBAI/ WAM The Ministry of Economy during the ‘15th Gulf Consumer Protection Day’ conference revealed a new initiative aimed at reducing the price of 5000 food and consumer goods in various regions of the country, with reduction rates ranging between 25% to more than 60%, starting from March 1 to the end of this month. Dr. Hashim Al Nuaimi, Director ...

AJMAN/ WAM During a promotional trip to the Russian capital, Moscow, the Ajman Media City Free Zone (AMCFZ) presented the key services and investment advantages it provides, as part of its plan to expand to other regions and promote its services. Mahmoud Khalil Al Hashimi, Executive Director of the AMCFZ, said that the trip aims to attract Russian investors, companies, ...

ABU DHABI / WAM The 6th Annual Sustainable Business Leadership Forum 2020 is set to take place on March 18-19 at the Anantara Eastern Mangroves Hotel, Abu Dhabi. To be hosted by Abu Dhabi Sustainability Group (ADSG), the Forum will be held under the theme “Delivering business growth and contributing to societal growth”. It aims to promote and support sustainability ...

SHARJAH / WAM Dana Gas on Monday issued a trading update to shareholders noting that its growth plan and operations remain unaffected by coronavirus (Covid-19), developments. The company went on to note that precautionary measures and contingency plans were put in place to safeguard personal and assets. Dana Gas has robust operations and cash flows since a large part of ...

ABU DHABI / WAM Abu Dhabi Developmental Holding Company (ADDH), announced on Monday that it concluded the definitive agreement with its partner Wizz Air Holdings, Europe’s fastest growing and greenest airline, to jointly establish Wizz Air Abu Dhabi. The low-cost airline is set to launch its operations at Abu Dhabi International Airport in Fall 2020. The agreement is a major ...

SHARJAH / WAM Dana Gas on Monday issued a trading update to shareholders noting that its growth plan and operations remain unaffected by coronavirus (Covid-19), developments. The company went on to note that precautionary measures and contingency plans were put in place to safeguard personal and assets. Dana Gas has robust operations and cash flows since a large part of ...

DUBAI / WAM The National Bank of Fujairah (NBF), announced its partnership with Ripple, a leading enterprise blockchain company, to enact easy and seamless cross-border payments through the RippleNet platform. According to a press release issued by the NBF on Monday, the bank’s customers, through this blockchain solution, will now be able to conduct secure and real-time payments with clear ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched 8-language ‘Mystery Shopper’ application to enhance the role of customers, and measure the performance of government entities and efficiency of the services they provide. His Highness Sheikh Mohammed affirmed, “That every individual in our community in the ...

Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX), last month saw its flagship Gold Futures product continue its strong start to the year, with year-to-date (Y-T-D), volume growth of 773.6 percent compared to the same period last year, aided by a multi-year record in January. The spike in trading is a response to a global backdrop of economic ...

DUBAI / WAM The United Arab Emirates has facilitated a mission by the World Health Organisation (WHO) to deliver medical supplies and equipment to Iran in a bid to help contain the new coronavirus, Covid19, in the neighbouring country. The UAE Air Force deployed an aircraft that carried 7.5 tonnes of cargo from Dubai to Iran on Monday afternoon. Dubai’s ...