Local News

Dubai / emirates business Saudi German Hospital Dubai (SGH Dubai) signed the agreement to collaborate on disaster management with Dubai Health Authority (DHA) during Expo 2020 six-month event starting October 20, 2020. “We are excited and honored to be part of Expo 2020, which will be the event of the century,” said Dr Reem Osman – Group CEO – Saudi German Hospital ...

Dubai / WAM The Global Business Forum Africa (GBF Africa), in Dubai will feature 40 prominent speakers and 26 interactive sessions, with presidents of Liberia, Zimbabwe and Seychelles, as well as Reem Al Hashemy, Minister of State for International Cooperation, and Director-General of Expo 2020 Dubai, among the high-level participants attending the event. Organised by Dubai Chamber of Commerce and ...

Dubai / Emirates Business With the start of a new cruise season last month, Dubai has stepped up its drive to attract more cruise travellers keen to explore and enjoy the city’s winter sun offerings as part of efforts to further strengthen its position as a leading ‘cruise hub of the region’. The upcoming 2019/2020 season is expected to welcome ...

Dubai / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced the beginning of construction of its new headquarters in Al Jaddaf, Dubai, at a cost of AED 280 million. The building is expected to be inaugurated in the first quarter of 2021. The new 730,000 square feet headquarters includes two buildings; an ...

Dubai / Emirates Business The Saudi Logistics Hub, a government initiative mandated to support the growth of the country’s logistics sector, held its first global roadshow in the UAE in collaboration with the National Association of Freight and Logistics (NAFL). Numerous business leaders from the logistics sector attended the event, held at the Dubai International Financial Centre (DIFC), and learned ...

HODEIDAH / WAM The UAE, represented by the Emirates Red Crescent (ERC), provided new supplies of medicines and laboratory equipment to three medical centres in Hodeidah Governorate, as part of its timely efforts to support the health sector in Yemen’s Red Sea Coast. The medical aid was delivered to the Al Matina Centre in At Tuhayta District, and the centres ...

DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, has announced the signing of a Memorandum of Understanding with Standard Chartered Bank, to facilitate consultation, cooperation and exchange of information in areas of mutual interest and objectives. In line with Dubai FDI’s efforts to consolidate the emirate’s position as a preferred global Foreign Direct Investment (FDI), destination, this ...

Abu Dhabi / WAM The total assets of UAE-based commercial banks increased to circa AED2.457 trillion by the end September, AED173 billion ($47.1 billion) of which were recorded over the past nine months only, accounting for 81.3 percent of the UAE banks’ total assets, statistics by the Central Bank of the UAE showed on Tuesday. Up to 19.7 percent of ...

DUBAI / WAM The key initiatives launched by the UAE since the start of the year reflect the country’s vision to combat extremism and promote openness with other cultures, making it a leading regional and international centre of spreading these values, through hosting major conferences and forums attended by influential intellectuals and scholars. Specialist events and initiatives organised monthly by ...

Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced on Tuesday that it registered 202 new companies in the month of October – the highest figure in a single month for nearly two years. The sharp increase signals investor confidence in Dubai, and both the appeal of ...