Local News

Emirates NBD, DLD partner for trust account services

DUBAI / emirates business Emirates NBD, a leading banking group in the region, signed an agreement with Dubai Land Department’s (DLD’s) Real Estate Regulatory Agency (RERA), to become an escrow agent to provide banking services for jointly owned properties accounts in accordance with the recently issued law no. (6) of 2019 for jointly managed properties. Emirates NBD is the first ...

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‘Rain enhancement forum’ kicks off in Abu Dhabi

ABU DHABI / WAM The 4th International Rain Enhancement Forum (IREF), organised by the UAE Research Programme for Rain Enhancement Science (UAEREP), under the supervision of National Center of Meteorology (NCM), opened on Sunday at Jumeirah Etihad Towers in Abu Dhabi. Running untill January 21, IREF serves as a global platform to bring together leading international and national experts, researchers, ...

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Exhibition exploring art in the internet age to open this March

SHARJAH / WAM The Sharjah Art Foundation, SAF, announced on Sunday that this March it is set to present “the most ambitious exhibition in the Middle East to date” that explores art in the age of the internet. Curated by newly appointed SAF Director of Collections and Senior Curator Omar Kholeif, who also served as co-curator of Sharjah Biennial 14, ...

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Etihad to promote Japan to Mideast travellers

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 travellers. The campaign which was expected to commence from January 19 with the aim to further increase tourism demand from the Middle East to Japan. In March 2019, JNTO and the ...

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IMI acquires Al Ain News portal in latest expansion

ABU DHABI / WAM International Media Investments (IMI) has acquired ownership of Al Ain News portal website, as part of the company’s continuous efforts to expand and diversify its content for global audiences. Al Ain News, which has 1.3 million Facebook fans, more than 620,000 Instagram followers and 320,000 followers on Twitter, is available in several languages across audio, visual ...

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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 US$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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Dewa, PAS to launch first of its kind energy, utilities standard

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), in cooperation with the British Standards Institute (BSI), will soon launch the PAS 60518:2020 standard for risk management in the energy and utilities sector, a first of its kind in the world. Dewa approved the number 60518 for the new standard in reference to the birthdate – May, 6 1918 – ...

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Hope Probe to carry UAE Nation Brand to Red Planet

DUBAI / WAM The Hope Probe will carry with it the UAE Nation Brand’s logo and its accompanying slogan, ‘Make it Happen’, when the spacecraft built by the Mohammed bin Rashid Space Centre takes off for Mars later this year. The brand’s placement on the probe, called ‘Al-Amal’ in Arabic, symbolises the future-forward aspirations that the new brand represents. Designed ...

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UAE amends law to boost family-owned businesses

ABU DHABI / WAM The UAE cabinet approved a draft law amending provisions within the nation’s Federal Law No. 18 of 1981, otherwise known as the ‘Agency Law’ that regulates commercial agency and distribution agreements within the country. According to a statement released on Saturday by the UAE Cabinet General Secretariat, the amendments come within the framework to enhance the ...

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Adek awards AED40mn in ‘research’ funding for 2020

ABU DHABI / WAM In line with the Abu Dhabi Department of Education and Knowledge (Adek), mandate to foster and grow a world-class academic research ecosystem in Abu Dhabi, Adek has announced that it has awarded over AED40 million in competitive funding to 54 successful research and development proposals. The seven key sectors are Life Sciences (Health, Food and Agriculture), ...

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