Local News

Dubai / Emirates Business Dubai Chamber of Commerce and Industry’s representative office in Baku, Azerbaijan, participated in the International Business Forum “Moldova 2020: Reshaping the Future of International Economic Cooperation”, which took place on the sidelines of “Made in Moldova” national exhibition in Chișinau. The forum was organised in cooperation with the European Union’s project Enterprise Europe Network with the ...

Dubai / Emirates Business Oman Insurance Company posted a turnaround net profit of AED190.5 million in 2019, making it one of the best performing years. This was achieved due to the forward-looking strategies defined in 2018 and with placing primary focus on customer satisfaction. Despite the challenging environment, with downward pressure on prices and, more than ever, the collection of ...

Abu Dhabi / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered for the exemption of 429 retired citizens from the repayment of housing loans in Abu Dhabi, with a total ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received Kyriakos Mitsotakis, Prime Minister of Greece, who is visiting the UAE. At the start of the meeting, His Highness welcomed the visit of the Greek Prime Minister, saying it was an important ...

Abu Dhabi / Emirates Business In a multi-year partnership, Etisalat announced that it has teamed up with Microsoft to drive public cloud first strategy through a digital transformation program that enables Etisalat to build a digital platform infused with automation and AI providing a simplified network architecture and operations empowering Etisalat subscribers and improving customer experience. “Today, Etisalat and Microsoft ...

ABU DHABI / WAM The total production of all economic activities in the Emirate of Abu Dhabi amounted to AED1,268.1 billion ($345 billion) in 2018 from AED1,120.5 billion in 2017, according to an economic survey by Statistics Centre – Abu Dhabi on Monday. The value added by all economic activities stood at AED849 billion in 2018 compared to AED733.5 billion ...

ABU DHABI / WAM The United Arab Emirates announced on Monday the discovery of 80 trillion standard cubic feet (TSCF), of shallow gas resources in place within the area between Saih Al Sidirah and Jebel Ali in the Emirates of Abu Dhabi and Dubai respectively. This new discovery reinforces the nation’s goal of achieving gas self-sufficiency, enabling major development projects ...

DUBAI / WAM Key decision-makers of airports will be congregating at the 20th edition of the Airport Show at the Dubai World Trade Centre (DWTC) across four spacious halls from June 22, for three days, to highlight the latest aviation technologies on display from around the world. It will be held under the patronage of HH Sheikh Ahmed bin Saeed ...

Vancouver / Emirates Business dnata, one of the world’s largest air services providers, continues to expand its global catering network. The company commenced operations in Canada by opening a new, 48,000ft2 (4,460m²) facility at Vancouver International Airport (YVR). dnata’s latest expansion represents a multi-million dollar investment and is expected to create 80 new, direct jobs with the company over the ...

DUBAI / WAM Celebrating the display of the UAE Nation Brand’s logo and slogan, “Make It Happen”, on the Nasdaq Tower big screen in Times Square, New York City, representatives of the UAE Nation Brand Office, Dubai International Financial Centre (DIFC), and Nasdaq Dubai participated in ringing the market-opening bell of Nasdaq Dubai. A space of great prominence, Nasdaq’s electronic ...