Local News

Dubai government workers get salary hike under new scheme

Dubai / WAM Following directives from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has approved the new salary scheme for employees of the Government of Dubai. The new scheme, effective from ...

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Sharjah Ruler inaugurates Buhais Geology Park

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday inaugurated the Buhais Geology Park, a pioneering project in the field of ecotourism aimed at introducing visitors to the history of Sharjah’s geology, and the geological importance of Jebel Buhais and the archaeological areas surrounding it. HH Sheikh Sultan bin ...

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Abu Dhabi, Dubai banks’ $2.3bn loan to business, industry sectors

ABU DHABI / WAM The value of credit facilities provided by banks in Abu Dhabi and Dubai to the business and industrial sectors during the first 11 months of 2019 amounted to AED8.5 billion, or 60.3 percent of the total credit facilities provided to these sectors throughout the country, totalling AED14.1 billion. Statistics issued by the Central Bank of the ...

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DMCC partners with Dubai companies to boost sustainability

DUBAI / WAM DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise –announced an up to 30 percent discount rate on licence fees for companies with membership of the UN Global Compact. The UN Global Compact is the world’s largest voluntary sustainability initiative that encourages businesses worldwide to adopt sustainable and socially ...

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UAE grants $20m to Arab Gulf Programme for Development

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, on Sunday signed an agreement detailing the UAE’s capital contribution of $20 million (AED73 million) to the Arab Gulf Programme for Development (AGFUND). As one of the founding countries of AGFUND, the UAE has supported the programme’s objectives, goals and activities since ...

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Sharjah records AED24.2b in realty transactions in 2019

SHARJAH / WAM Real estate transactions valued AED24.2 billion in the Emirate of Sharjah in 2019 increasing by 7.3 percent in comparison to 2018, a report released by the emirate’s real estate department revealed on Sunday. According to the Sharjah Real Estate Registration Department (SRERD), annual report, 61,357 transactions were recorded in 2019, increasing by 13.4 percent in comparison to ...

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Etihad, JNTO to promote Japan in Middle East

DUBAI / WAM Etihad Airways and the Japan National Tourism Organisation (JNTO), have announced a joint consumer campaign to promote Japan as a destination of choice for Middle Eastern travelers. The campaign commenced from January 19 with the aim to further increase tourism demand from the Middle East to Japan. In March 2019, JNTO and the Japan Tourism Agency, an ...

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‘We must collaborate to resolve global issues’

DUBAI / WAM The world’s most pressing challenges, including climate change, poverty, inequality and environmental degradation, will be addressed by Expo 2020 Dubai through events that aim to bring the world together in a spirit of optimism for our future. With hundreds of participants and millions of visitors, Expo 2020 will be the ‘World’s Greatest Showcase’ of human brilliance and ...

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