Local News

Abu Dhabi / Emirates Business Strata celebrates 10-years of partnership with Airbus shaping the UAE’s aerospace industry, highlighting key milestones achieved with the UAE-based manufacturer throughout the past decade. As part of the UAE’s drive to create a world-class aerospace industry to deliver on its diversification strategy, Airbus is increasing its Middle Eastern footprint through industry cooperation with local entities ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended the session of “The Future of Oil”, during the 3rd UAE Government ...

Dubai / WAM Etisalat highlighted the role of 5G in empowering digital economy during a workshop by Ministry of Economy in Abu Dhabi on Monday. Dr Ahmed Bin Ali, Group Senior Vice President, Corporate Communications, Etisalat, was speaking at a workshop focused on ‘Utilising future studies in development plans’ organised by the Ministry of Economy in coordination with GCC General ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), has given approval for Pattern Day Trader (short-term trading). The product is available for customers through brokerage firms licensed by ADX and the Securities and Commodities Authority (SCA), based on laws set by said authorities to protect investors. ADX made provision for Pattern Day Trader in order to attract more investors to ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, chaired on Monday a meeting with Their Highnesses the Crown Princes, which took place ...

Dubai / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group, Chairman of Dubai World, and Noor Takaful Insurance Company, officially inaugurated the 40th edition of The Big 5 at the Dubai World Trade Centre on Monday. The construction industry mega-event is set to welcome ...

Dubai / WAM Smart Dubai and the Dubai Department of Economic Development, DED – Dubai Economy, have announced a joint new data initiative for the retail sector, part of the Private Sector Data Engagement Strategy, which was designed to foster stronger collaboration between the public and private sectors on data. The new initiative will see anonymised and aggregated datasets examined ...

AJMAN / WAM Ajman Free Zone (AFZ), signed an agreement with LinkedIn, which will see it benefit from an enhanced profile on the global business networking platform and enable targeted communications with key business sectors on a global scale. The move is part of Ajman Free Zone’s expansion strategy to attract more investor companies. The potential reach is on a ...

ABU DHABI / WAM Under the framework of the UAE’s efforts to support the Yemeni people, the country has contributed AED367 million, equivalent to $100 million, to the United Nations Humanitarian Response Plan in Yemen 2019, bringing the total aid contributed by the UAE to over AED22 billion. Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, signed ...

DUBAI / WAM The National Bonds, a Shariah-compliant investment company in the UAE, announced the launch of “NBC Booster 20”, following the signing of a Memorandum of Understanding (MoU), with the Dubai Financial Market (DFM), this year. National Bonds will provide certificates of investment for registered investors exclusively, through DFM-licensed brokers, effective from November 17. This exclusive offer, which is ...