Local News

Abu Dhabi / WAM The Central Bank of the UAE (CBUAE), signed a Memorandum of Understanding (MoU), with Emirates Foundation to roll out financial literacy programmes through Emirates Foundation’s ‘Esref Sah’ programme, which aims to raise financial awareness among youth and educate them on ways of managing their finances. The MoU was signed by Saif Hadef AlShamsi, Deputy Governor of CBUAE, ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of Dubai Sports Council, has said that the emirate pays special attention to its sports sector. This attention, he explained, is reflected in the growing number of local and international competitions and events that Dubai hosts, as ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (Rakez) has become the first entity to support Ras Al Khaimah’s Energy Efficiency and Renewables Strategy 2040. With its upcoming developments, the economic zone has committed to complying with Barjeel, the green building regulations of the emirate, which will soon be mandatory to all building constructions. Currently, Rakez is ...

Dubai / Emirates Business Deyaar Owners Association Management (DOAM), a subsidiary of Deyaar Development (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the addition of 1,849 new units, with a saleable area of 1.7 million square feet, to its portfolio throughout the year, increasing the number of units the company now oversees to more than ...

SHARJAH / WAM The Sharjah Documentation and Archiving Authority (SDAA), approved an integrated classification system to manage and preserve document and data privacy of Sharjah International Commercial Arbitration Centre (Tahkeem). The system sets the retention periods for Tahkeem’s files and determines their final status in accordance with best international standards and practices, the SDAA explained in a statement. The new ...

ABU DHABI / WAM Masdar on Wednesday announced “The Improvers” as the winning team of its Ecothon Plus competition, which is held under its Future Sustainability Leaders programme. Hosted in collaboration with the Emirates Red Crescent, the teams competing in the Ecothon Plus competition were tasked with providing energy-efficient solutions for the UAE-Jordanian Refugee Camp in Marajeeb Al Fhood, Jordan. ...

Dubai / WAM The Director-General of Dubai Customs Ahmed Mahboob Musabih has held a meeting with Adamu Aba Bajnan, Consul-General of Benin in Dubai. The two discussed means of boosting bilateral trade and customs cooperation between Benin and Dubai. “It’s very important for us to boost ties of partnership with Beninese diplomatic missions and businesses. We have priorities which include ...

NUR-SULTAN / WAM Nursultan Nazarbayev, First President of Kazakhstan, has received Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to Kazakhstan. During the meeting, which took place at Nazarbayev’s palace in the Kazakh capital, Nur-Sultan, both sides discussed bilateral ties, which have witnessed significant development in recent years, particularly following signing of a mutual visa exemption agreement for citizens ...

Abu Dhabi / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the UAE strategy of advanced industries, mainly those that are in line with fourth industrial revolution and its applications, with the aim of promoting industrialisation and fourth industrial revolutions applications ...

Bloomberg Emirates Airline President Tim Clark plans to retire in June after 16 years at the helm of the Dubai-based carrier, the world’s largest by international traffic. The 70-year-old will stay on in an advisory role even after stepping down, Chairman Sheikh Ahmed bin Saeed Al Maktoum said in an internal memo seen by Bloomberg. Clark joined Emirates’ founding team ...